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Saturday, November 21, 2009
News Making Money

Gap Inc. Announces New $500 Million Share Repurchase Program

20/11/2009 12:37 (20:28 minutes ago)

The FINANCIAL -- Gap Inc. (NYSE: GPS) on November 19 announced its Board of Directors authorized a new $500 million share repurchase program, effective immediately.

Japan's central bank upgrades economic outlook, keeps interest low

20/11/2009 12:24 (20:41 minutes ago)

The FINANCIAL -- TOKYO, Japan's central bank has upgraded its assessment of the national economy and opted to keep its interest rate at 0.1%, amid government pressure to prevent deflation.

Gap's Profit Increases 25%

20/11/2009 12:04 (21:01 minutes ago)

The FINANCIAL -- Gap Inc. (NYSE: GPS) on November 19 reported that net earnings for the third quarter, which ended October 31, 2009, increased 25 percent to $307 million, or $0.44 per share on a diluted basis, compared with $246 million, or $0.35 per share on a diluted basis, for the same period last year.

ICC: Global economic index rises again, but problems remain

20/11/2009 11:24 (21:41 minutes ago)

The FINANCIAL -- Reflecting more favourable economic conditions for the coming six months but also a more positive assessment of the current situation, the World Economic Climate Indicator rose significantly in the fourth quarter for the third consecutive time following the sharp drops of last year.

EUROCHAMBRES calls on ministers to transform “eUnion” from vision into reality

20/11/2009 10:49 (22:16 minutes ago)

The FINANCIAL -- Speaking at today’s Ministerial Meeting on eGovernment – one of the key events of the Swedish Presidency – EUROCHAMBRES’ Secretary General Arnaldo Abruzzini called on the European Commission and Member States to turn the concept of “eUnion” from a vision into a reality.  “It is not a question of technology, he said, but of political will.”

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Banks
Deutsche Bank's 10th annual charity trading day raises R 2.5m

20/11/2009 17:01 (16:04 minutes ago)

The FINANCIAL -- Deutsche Bank held their 10th annual charity trading day on Wednesday 18th November.

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Politics
Biden Calls for Fulfilling Promises of Rose Revolution

20/11/2009 12:35 (20:30 minutes ago)

The FINANCIAL -- According to Civil Georgia, U.S. Vice President Joe Biden called President Saakashvili on November 18 to discuss democratic reform in Georgia and to reiterate the United States’ strong support for Georgia’s sovereignty and territorial integrity, the White House reported.

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Markets
NASDAQ OMX Stockholm and Valueguard Launch New Housing Price Index

20/11/2009 16:10 (16:55 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm AB, part of the NASDAQ OMX Group (NASDAQ:NDAQ), together with Valueguard on November 19 introduced a new suite of housing price index, "NASDAQ OMX Valueguard-KTH Flats" (HOX), based on the price development for privately held flats in Sweden's three largest cities.

INSURANCE
ING restructuring plan approved by European Commission

19/11/2009 12:39 (1 Day 20:26 minutes ago)

The FINANCIAL -- ING announced on November 18 that the European Commission has formally approved the restructuring plan submitted by ING .

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