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(AFX UK Focus) 2008-12-02 16:45 Fed extends terms of 3 liquidity programs to April
Published December 2, 2008, 9:04 am, Interactive Investor
WASHINGTON, Dec 2 (Reuters) - The U.S. Federal Reserve said on Tuesday it was extending the terms of three emergency liquidity facilities by three months until April 30, 2009. The Fed said in a statement that the extension of the Primary Dealer Credit Facility (PDCF), the Asset-Backed Commercial Paper Money Market Fund Liquidity Facility (AMLF) and the Term Securities Lending Facility (TSLF), ...
(AFX UK Focus) 2008-12-02 16:45 UPDATE 1 - EOG says Bakken drilling slowing
Published December 2, 2008, 9:04 am, Interactive Investor
HOUSTON, Dec 2 (Reuters) - Energy companies are slowing drilling in the Bakken Shale in North Dakota amid falling crude oil prices, the chief executive of natural gas producer EOG Resources Inc said on Tuesday. "People are dropping rigs up there in a pretty significant way already," Mark Papa, EOG's CEO told the Merrill Lynch Global Energy Large Cap Conference. Even though EOG is making a profit ...
(AFX UK Focus) 2008-12-02 16:45 UPDATE 2-Angry Fortis shareholders reject proposed chairman
Published December 2, 2008, 9:04 am, Interactive Investor
By Antonia van de Velde
(AFX UK Focus) 2008-12-02 16:45 D.Telekom's CFO to be named new Arcandor CEO-sources
Published December 2, 2008, 9:04 am, Interactive Investor
BERLIN, Dec 2 (Reuters) - Deutsche Telekom's Chief Financial Officer Karl-Gerhard Eick is due to succeed Thomas Middelhoff as head of German retail company Arcandor , industry sources said on Tuesday. Three people told Reuters that Eick, whose resignation was announced earlier on Tuesday by Deutsche Telekom, had quit his post to replace Arcandor's outgoing CEO Middelhoff. Arcandor declined to ...
(AFX UK Focus) 2008-12-02 16:59 Glance-STOCKS NEWS EUROPE-Terna rallies on Italian tariff news
Published December 2, 2008, 9:04 am, Interactive Investor
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News
(AFX UK Focus) 2008-12-02 16:59 Banks charged $27 for overdraft fees in 2006-US FDIC
Published December 2, 2008, 9:03 am, Interactive Investor
WASHINGTON, Dec 2 (Reuters) - Banks typically charged a customer $27 for overdrawing on accounts in 2006 and failed to notify of the fee until after the transaction, according to a U.S. regulatory report likely to draw congressional criticism. In a study of 1,171 of its regulated banks, the U.S. Federal Deposit Insurance Corp on Tuesday said small and large banks charged between $10 and $38 per ...
Pirates fire on US cruise ship in hijack attempt
Published December 2, 2008, 9:03 am, The Post-Standard
NAIROBI, Kenya (AP) — Pirates chased and shot at a U.S. cruise ship with more than 1,000 people on board but failed to hijack the vessel as it sailed along a corridor patrolled by international warships, a maritime official said Tuesday.
TransUnion: 3Q mortgage delinquencies shoot higher
Published December 2, 2008, 9:03 am, Tri-City Herald
The percentage of people who are two months behind on their mortgages shot up in the third quarter from the same period last year, according to credit reporting agency TransUnion LLC.
Burress arrives at Giants Stadium
Published December 2, 2008, 9:03 am, 13 News, WVEC Hampton Roads
EAST RUTHERFORD, N.J. (AP) -- Plaxico Burress arrived at Giants Stadium on Tuesday, facing the possibility that his career with the Super Bowl champions could be over and he could land in jail after accidentally shooting himself in the thigh at a nightclub.
Burress shows up amid uncertainty
Published December 2, 2008, 9:03 am, Connecticut Post
EAST RUTHERFORD, N.J. - Plaxico Burress arrived at Giants Stadium on Tuesday, facing the possibility that his career with the Super Bowl champions could be over and he could land in jail after
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