Stocks and Finance

Luxembourg

Luxembourg 11/23/2011

03:17 : Dexia bailout plan looks unworkable: report - MADRID (MarketWatch) -- France and Belgium are reportedly in fresh talks over the rescue plan for troubled financial institution Dexia SA , according to a report in Belgian newspaper De Standaard on Wednesday. The ...
Source : marketwatch-com

Luxembourg 11/19/2011

10:06 : Has the EFSF added to Euro zone’s problems - Has the EFSF added to Euro zone’s problemsFor all of its would-be financial firepower, the EFSF isn’t much - it’s just an office in Luxembourg with a erman-born economist CEO named Klaus Regling, who oversees a staff of about 20.

Luxembourg 11/3/2011

01:30 : ArcelorMittal 3rd-period net off 51%; shipments up - TEL AVIV (MarketWatch) -- ArcelorMittal, the Luxembourg steelmaker, reported third-quarter net income fell 51% on 23% higher revenue. Earnings dropped to $659 million, or 19 cents a share, from $1.35 billion, or 89 ...
Source : marketwatch-com

Luxembourg 10/10/2011

06:44 : Belgium's KBC sells private bank to Qataris for $1.4 billion - BRUSSELS (Reuters) - Belgian bank KBC has agreed the sale of its KBL private banking unit for 1.050 billion euros ($1.42 billion) to Qatari-backed Luxembourg firm Precision Capital, it said on...
Source : reuters-com
02:29 : Dexia Accepts Rescue Plan - The board of beleaguered Franco-Belgian bank Dexia approved the rescue plan agreed by the governments of Belgium, France and Luxembourg, which includes the sale of the Belgian unit for €4 billion ...
Source : wsj-com
02:20 : KBC selling private banking unit for $1.41 billion - LONDON (MarketWatch) -- Belgian lender KBC Group NV said Monday that it has agreed to sell KBL European Private Bankers, its Luxembourg-based private banking arm, to Precision Capital for 1.05 billion euros ($1.41 billion). KBC said the sale will release ...
Source : marketwatch-com

Luxembourg 10/9/2011

22:44 : Belgium's government announces it will buy the Belgian banking business ... - Belgium's government announces it will buy the Belgian banking business of Dexia for €4B and provide 60% of the guarantees for the rest (approx. €90B) of the parent group's assets, with France and Luxembourg ...
Source : seekingalpha-com
15:23 : European countries agree on Dexia rescue - France, Belgium and Luxembourg agreed to a rescue plan for Dexia SA on Sunday ahead of a planned board meeting expected to decide on a break-up of the first lender to fall victim to the euro zone ...
Source : ibtimes-com
10:42 : Dexia accord set by Belgium, France, Luxembourg - Belgium, France and Luxembourg on Sunday agree on a plan to rescue Dexia SA, the French-Belgian bank that ran into trouble after it was hit by a liquidity shortage, reports say.
Source : marketwatch-com
08:08 : France, Belgium, Luxembourg agree to Dexia rescue deal - The governments of France, Belgium and Luxembourg reached agreement on Sunday on a rescue package for Dexia, which will be put to the stricken Franco-Belgian bank's board later in the day for approval.
Source : ibtimes-com
08:07 : France, Belgium, Luxembourg agree on Dexia rescue deal - BRUSSELS (Reuters) - The governments of France, Belgium and Luxembourg reached agreement on Sunday on a rescue package for Dexia, which will be put to the stricken Franco-Belgian bank's board later ...
Source : reuters-com

Luxembourg 10/4/2011

15:59 : Here is the Financial Times Story that Caused the Meltup - If you are a FT subscriber, go here. I'm not, but Zerohedge is, so some snippets Although the details of the plan are still under discussion,officials said EU ministers meeting in Luxembourg had concluded thatthey had not done enough ...
Source : ibtimes-com
14:34 : Banks under pressure over Greece - Oct. 4 - A meeting of EU finance ministers in Luxembourg produces few concrete steps in tackling Europe's deepening debt crisis, which threatens to spread to European banks. Kirsty Basset reports.
Source : reuters-com
08:39 : Eurogroup grappling with Greek woes; S&P warns about possibility of recessi - The second day of the Eurozone finance ministers' meeting in Luxembourg has so far brought a delay in the payment of the rescue fund for Greece, which is now supposed to be released mid-November. This increases the possibilities ...
Source : fxstreet-com
08:01 : Greece: Euro leaders in high stakes chicken game - Eurogroup meeting kicked the can further down the road Once again investors are left disappointed following a Eurogroup meeting. The euro area finance ministers met in Luxembourg yesterday to discuss the Greek budget situation and the ...
Source : fxstreet-com
05:32 : Euro zone considers making banks pay more for Greece - LUXEMBOURG (Reuters) - European finance ministers are considering making banks take bigger losses on Greek debt and have delayed a vital aid payment to Athens until mid-November, setting up a crunch point in the euro zone's sovereign ...
Source : reuters-com
05:20 : Uncertainty continues after European Finance Chiefs' Meeting - The jittery situation remained in markets after the European Finance Chiefs' meeting in Luxembourg and today's earlier comments referred to the private sector participation in Greece's second bailout. Investors are still worried that ...
Source : fxstreet-com
01:52 : Europe stock futures lower as Greek jitters remain - MADRID (MarketWatch) -- European stock market futures were indicting opening losses Tuesday. Euro-zone ministers meeting in Luxembourg on Monday delayed the approval of the much-needed next tranche of aid for Greece. Jean-Claude ...
Source : marketwatch-com

Luxembourg 10/3/2011

18:03 : EU determined to avoid Greek default -- Juncker - SAN FRANCISCO (MarketWatch) -- Members of the euro zone will do everything to avoid a Greek debt default, Jean-Claude Juncker, prime minister of Luxembourg and president of the Eurogroup of finance ministers said Monday. Speaking at ...
Source : marketwatch-com
16:03 : EU ministers at 'critical juncture' - Oct. 3 - EU finance ministers meet in Luxembourg to discuss Europe's bailout fund, as Greece fuels default fears after admitting it won't hit deficit targets. Kirsty Basset reports.
Source : reuters-com
12:59 : Greek Woes Worry Market - Greece's weekend admission that it will miss its budget-deficit targets roiled financial markets on Monday and appeared set to complicate talks among euro-zone finance ministers getting under way in Luxembourg.
Source : wsj-com
12:08 : Euro zone finmins back Asmussen for ECB: source - Luxembourg (Reuters) - Euro zone finance ministers on Monday endorsed Joerg Asmussen as the candidate to replace Juergen Stark on the executive board of the European Central Bank, a euro zone source said.
Source : foxbusiness-com
11:55 : Dollar nears day's highs; Greek worry intensifies - SAN FRANCISCO (MarketWatch) -- The U.S. dollar traded near the session's highs Monday as concerns over when Greece will receive the next tranche of aid from international lenders intensified. The dollar index , which tracks the greenback ...
Source : marketwatch-com
04:20 : Lack of European action only increases uncertainty - Unfortunately there has been no grand plan for the Eurozone announced over the weekend and as such it is the Eurozone which is still grabbing the headlines. Finance ministers meet in Luxembourg today at 16.00 BST ahead of another meeting ...
Source : fxstreet-com
02:36 : Greece will not meet deficit targets set by the Troika - This week opens with a two-day meeting of Eurozone finance ministers in Luxembourg, during which they will discuss whether Greece should obtain the next 8 billion euro tranche of the rescue fund. The extension of the EFSF ...
Source : fxstreet-com

Luxembourg 9/20/2011

01:07 : James West: Unrestrained Bullishness for Gold and Silver - James West has gone from writing the audacious and controversial newsletter Midas Letter to raising over $1 billion for a series of funds called Midas Letter Funds based in Luxembourg. The Gold Report caught up with James ...
Source : ibtimes-com

Luxembourg 9/16/2011

09:02 : Juncker: Decision on Greek tranche in October - The Luxembourg Prime Minister Jean-Claude Juncker told a news conference today after meeting with the euro area finance ministers in Poland that the decision on the next Greek tranche from the 2010 bailout will be made in ...
Source : ibtimes-com
06:41 : Decision on Greek aid payment in Oct.: Juncker - FRANKFURT (MarketWatch) -- A decision providing the next payment of aid to Greece under the nation's 2010 bailout package will be made in October, Luxembourg Prime Minister Jean-Claude Juncker said at a news conference Friday ...
Source : marketwatch-com

Luxembourg 9/6/2011

02:54 : Northland's Kaunisvaara Project On Time for Production in 2012 and Within ... - LUXEMBOURG, LUXEMBOURG--(Marketwire - Sept. 6, 2011) - Northland Resources S.A. (TSX:NAU)(FRANKFURT:NPK)(OSLO:NAUR) ("Northland" or "the Company") is pleased to announce three major achievements that will ensure the Kaunisvaara project ...
Source : marketwire-com

Luxembourg 8/4/2011

02:44 : Northland Signs a Letter of Intent with Logistics Specialists to Manage ... - LUXEMBOURG, LUXEMBOURG--(Marketwire - Aug. 4, 2011) - Northland Resources S.A. (TSX:NAU)(OSLO:NAUR)(FRANKFURT:NPK) ("Northland" or "the Company") is pleased to announce that the Company has signed a letter of intent with three logistic ...
Source : marketwire-com
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