Detroit Business Daily - Exchange Rates News

Exchange Rates News

Fed to Add Money Market Funds in Reverse Repos (Update2) Monday, March 8, 2010 @ 1:58PMMarch 8 (Bloomberg) -- The Federal Reserve Bank of New York said it will expand the number of counterparties used when the central bank begins to drain the record amount of cash added to the financial system to include domestic money market funds.
TurboSonic Technologies Taking Action to Address Economic Downturn Monday, March 8, 2010 @ 1:55PMWATERLOO, ONTARIO--(Marketwire - 03/08/10) - TurboSonic Technologies, Inc. (OTC.BB: TSTA - News ), a global provider of clean air technologies, today announced it had taken the following actions to reduce overheads while maintaining operating flexibility: -- Temporary salary reductions ranging from 20% to 50%; -- Temporary unpaid leaves of absence for a limited number of employees. These actions ...
Middlesex Water Company Reports 2009 Financial Results Monday, March 8, 2010 @ 1:53PMISELIN, NJ--(Marketwire - March 8, 2010) - Middlesex Water Company ( NASDAQ : MSEX ) a provider of water, wastewater and related services, primarily in New Jersey and Delaware, today announced operating revenues of $91.2 million for the year ended December 31, 2009, compared to $91.0 million in 2008. Net income for the year ended December 31, 2009 was $10.0 million, down $2.2 million from the ...
Treasury 10-Year Notes Drop on Concern Auction Demand Will Wane Monday, March 8, 2010 @ 1:51PMMarch 8 (Bloomberg) -- Treasury 10-year notes fell, pushing the yield to the highest level in almost two weeks, on concern the government may struggle to find buyers for $74 billion of securities this week at current rates.
Momentive Performance Materials Inc. Reports Fiscal Year 2009 Results Monday, March 8, 2010 @ 1:45PMALBANY, N.Y.----Momentive Performance Materials Inc. today reported its consolidated results for the fiscal year ended December 31, 2009. Highlights for fiscal year 2009 include: Net sales of $2.083 billion compared to $2.639 billion in the fiscal year ended December 31, 2008, a decrease of 21.1%.
Top Stories Monday, March 8, 2010 @ 1:41PMDarral Good Report: How Do Corn Price Fluctuations Correlate With Value of U.S. Dollar?
Treasury bill rates decline across the board Monday, March 8, 2010 @ 1:40PMYields on treasury bills again dipped across the board as the government remains awash in cash due mainly to the issuance of Samurai bonds last month.
Ayala holding firm posted net profit of P8.2B in 2009 Monday, March 8, 2010 @ 1:39PMConglomerate Ayala Corp. posted a net profit of P8.2 billion in 2009, at par with the level a year ago as it booked lower capital gains from share sales last year compared to the previous year.
Franklin Resources, Inc. Announces Month-End Assets Under Management Monday, March 8, 2010 @ 1:38PMSAN MATEO, CA--(Marketwire - March 8, 2010) - Franklin Resources, Inc. (Franklin Templeton Investments) ( NYSE : BEN ) today reported preliminary month-end assets under management by the company's subsidiaries of $556.3 billion at February 28, 2010, compared to $548.0 billion at January 31, 2010 and $377.6 billion at February 28, 2009.
De Gregorio Says Peso May Have ‘Overshot’ on Quake (Update3) Monday, March 8, 2010 @ 1:34PMMarch 8 (Bloomberg) -- Chilean Central Bank President Jose De Gregorio said the peso may have “overshot” after the country’s worst earthquake in 50 years and he doesn’t see any “dramatic changes” in the bank’s expansionary interest rate outlook.
Miracle Cancer Drug Extends Life With $48,720 Cost (Update1) Friday, March 5, 2010 @ 3:06PMMarch 5 (Bloomberg) -- George Demetri had witnessed countless near-death experiences in his career as a cancer doctor. This time, the life of a drug was on the line.
Battlefield: Bad Company 2 - FAQ/guide (Console) Friday, March 5, 2010 @ 3:03PMBattlefield: Bad Company 2 (PC) Battlefield Bad Company 2
Florida Tomato Growers May Lose $7 Million a Week, Group Says Friday, March 5, 2010 @ 2:56PMMarch 5 (Bloomberg) -- Tomato growers in Florida may lose $7 million a week in the next several months if crops create a surplus following a devastating cold snap in January, said an official at a farmer cooperative.
Corporate Bonds Rally on Greek Sale, U.S. Jobs: Credit Markets Friday, March 5, 2010 @ 2:56PMMarch 5 (Bloomberg) -- Corporate bonds are rallying the most since the beginning of the year as Greece raised 5 billion euros ($6.8 billion) in a sale of 10-year bonds and U.S. employers cut fewer jobs than forecast last month.
Avion to Release 2009 Financials and MD&A on April 6th, 2010 Friday, March 5, 2010 @ 2:54PMAvion to attend PDAC March 7th-10th
Avion to Release 2009 Financials and MD&A on April 6th, 2010 Friday, March 5, 2010 @ 2:47PMTORONTO, ONTARIO-- - Avion Gold Corporation is expected to file its 2009 financials and MD&A on SEDAR on Tuesday April 6th . In addition, the Company expects to release production figures on a quarterly basis going forward for 2010.
Avion to Release 2009 Financials and MD&A on April 6th, 2010 Friday, March 5, 2010 @ 2:47PMTORONTO, ONTARIO--(Marketwire - 03/05/10) - Avion Gold Corporation (TSX-V: AVR - News ) ("Avion") is expected to file its 2009 financials and MD&A on SEDAR on Tuesday April 6th . In addition, the Company expects to release production figures on a quarterly basis going forward for 2010. Avion would also like to invite all those interested to visit management at booth #2553 at the Prospectors and ...
Hard Creek Nickel Corporation: Preliminary Assessment Shows Turnagain Project C1-Operating Costs of U.S. $3.34 Per ... Friday, March 5, 2010 @ 2:38PMVANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Hard Creek Nickel Corporation (TSX:HNC) today announced that it has completed an updated positive Preliminary Assessment Study (PA) of the Company's 100% owned Turnagain Nickel Project, located near Dease Lake in British Columbia, Canada. The PA was compiled by Wardrop, a Tetra Tech Company, and will be filed on SEDAR within 45 days to ...
Tertiary Education Reforms Long Overdue Friday, March 5, 2010 @ 2:33PMLike thousands of other parents around the country I've delivered my university aged children to their respective universities in the past couple of weeks. With 'O Week' over for another year, and everyone settling in to new halls of residence or flats, the academic year is well underway.
TSX closes up on BMO earnings Tuesday, March 2, 2010 @ 2:08PMThe Toronto stock market closed sharply higher Tuesday as bank and insurance stocks took off in the wake of a solid earnings report from Bank of Montreal while a weaker U.S. dollar sent commodity prices up.
Teachers union seeks 'exclusive' agreement with RE-1 Tuesday, March 2, 2010 @ 2:08PMSTERLING — There was a packed board room, with standing room only, during Monday evening’s RE-1 Valley Board of Education meeting. Teachers and staff came out to support a negotiation proposal presented to the board by the South Platte Education Association.
More Economy Pages Tuesday, March 2, 2010 @ 2:02PMWill the Fed Nix Inflation in Time? Abstract: A mountain of excess bank reserves, now totaling more than $1 trillion, presents a real risk of rapid inflation if it is released too quickly into credit markets.
Charter Real Estate Investment Trust (TSX-V: CRH.UN) Announces Year End 2009 Financial Results Tuesday, March 2, 2010 @ 2:02PMTORONTO, ONTARIO--(Marketwire - March 2, 2010) - Charter Real Estate Investment Trust (TSX VENTURE:CRH.UN) ("Charter REIT") is pleased to announce its financial results for the year ended December 31, 2009. H
Killam Properties Inc. announces strong 2009 results, highlighting 9.0% growth in funds from operations per share and ... Tuesday, March 2, 2010 @ 2:02PMKillam Properties Inc. today announced its financial results for the fourth quarter and fiscal year ended December 31, 2009.
Two Canadian picks for peak oil Tuesday, March 2, 2010 @ 2:01PMCharles Maxwell, senior energy analyst at Weeden & Co., kicks off a discussion of opportunities in the energy sector: The recession has really taken supply and demand in the energy business - whi...
Canadian Stocks Rise, Led by Financials, Commodity Producers Tuesday, March 2, 2010 @ 2:01PMMarch 2 (Bloomberg) -- Canadian stocks rose, sending the Standard & Poor’s/TSX Composite Index to a six-week high, after Bank of Montreal reported profit that exceeded analyst estimates and an increase in the price of gold lifted mining companies.
NewMarket Corporation Notes Credit Upgrade Tuesday, March 2, 2010 @ 2:01PMRICHMOND, Va.----NewMarket Corporation President and Chief Executive Officer, Thomas E. Gottwald, commented today on the recent upgrades to the company’s credit ratings.
Zacks Analyst Blog Highlights: Biogen Idec, Elan Corp., France Telecom, Telefonica and Vodafone Tuesday, March 2, 2010 @ 2:00PMCHICAGO----Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
India's Budget 2010 offers goodies for NRIs Sunday, February 28, 2010 @ 4:50AMIndia's budget yet again demonstrates to NRIs that investing in their homeland is probably the best option right now.
Small Business Challenge: Financial stress can manifest in many ways Sunday, February 28, 2010 @ 4:35AMFinancial stress for small business owners abounds: mental exhaustion that comes when completing a lengthy bank loan application; uncertainty that rises from discussing outside investors; and anxiety that goes hand-in-hand with asking a friend and business partner to pony up more dough to get the business started.
DQG extends its partnership with Wall Street Exchange Sunday, February 28, 2010 @ 4:27AMDubai Quality Group (DQG) declared today the extending of its strategic partnership with Wall Street Exchange Center (WSEC) - a subsidiary of Emirates Post Holding - to become an investor partner at t...
DQG extends its partnership with Wall Street Exchange Sunday, February 28, 2010 @ 4:17AMDQG extends its partnership with Wall Street Exchange
Central exchange for derivatives trading among changes needed after crisis Sunday, February 28, 2010 @ 4:14AMThe financial crisis of 2007-09 sent shock waves across the financial system and the broader economy.
India's budget: NRIs wake up and smell the coffee Sunday, February 28, 2010 @ 2:40AMBy Kul Bhushan: India's budget yet again demonstrates to NRIs that investing in their homeland is probably the best option right now.
Increasing energy security Sunday, February 28, 2010 @ 2:37AM'In Malta we are living in a dream - we are not building an energy-efficient outer skin'. Photo: Darrin Zammit Lupi Summer is still the problem season for Malta when it comes to meeting our annual energy demand. Winter peaks for heating have levelled off to spring-autumn consumption rates.
European survey to review undergraduate life in Malta Sunday, February 28, 2010 @ 2:36AMUniversity students have up to March 26 to submit their survey replies. Photo: Matthew Mirabelli All Maltese students in the second semester at the University of Malta have recently been invited to take part in the Eurostudent survey alongside university students from 27 other European countries.
Gold trims weekly losses as US dollar retreats Sunday, February 28, 2010 @ 2:34AMGold trims weekly losses as US dollar retreats
UK iPads set to start at £389 Sunday, February 28, 2010 @ 2:00AMApples much-hyped iPad tablet device will retail for between £389 and £489 when it finally goes on sale in the UK, according to a report on tech site Geeky Gadgets .
Yankee Borrowers Almost Double Market Share: Credit Markets Thursday, February 25, 2010 @ 11:36AMFeb. 25 (Bloomberg) -- Foreign borrowers are almost doubling their share of sales in the U.S. corporate bond market, taking advantage of record-low benchmark interest rates.
Oil Falls Most in Three Weeks on Jobs, Manufacturing Reports Thursday, February 25, 2010 @ 11:30AMFeb. 25 (Bloomberg) -- Crude oil fell the most in three weeks as U.S. jobless claims and manufacturing orders trailed forecasts, stirring concern that the global economic recovery may falter and crimp energy-demand growth.
Stocks tumble on renewed concerns about economy Thursday, February 25, 2010 @ 11:28AMStocks slid Thursday as downbeat news about the nation's job market and debt loads in Europe revived fears that an economic recovery will stall.
Wall St falls in early trade Thursday, February 25, 2010 @ 11:25AMUS stocks have tumbled in early trade as downbeat news about the US job market and rising debt in Europe revived fears of a global economic slowdown.
Gold Prices Make a Move Thursday, February 25, 2010 @ 11:25AMGold prices break $1,100 as the U.S. dollar weakens.
Yen Rises as Greek Downgrade Concern Boosts Demand for Safety Thursday, February 25, 2010 @ 11:20AMFeb. 25 (Bloomberg) -- The yen climbed to a one-year high against the euro as concern Greece’s credit ratings may be downgraded spurred investors to unwind positions in riskier assets.
Urbi Takes Advantage of Positive Swap Position and Restructures the Cross-Currency Swap on Urbi2016 US$150 Million to ... Thursday, February 25, 2010 @ 11:04AMUrbi Desarrollos Urbanos SAB de CV has announced that it has signed a cross-currency swap agreement with Morgan Stanley to extend the coverage of its hedge to also include the interest coupons of its US$ bond due 2016 for the period April 2011 to April 2016, which were not previously covered.
Analysts: Banks have Greece on a treadmill Thursday, February 25, 2010 @ 11:03AMATHENS, Greece, Feb. 25 (UPI) -- Banks that allegedly helped Greece hide debts from the international community are also making bets the country will default on its loans, analysts said.
Schlumberger to Buy Smith for About $11.3 Billion (Update2) Sunday, February 21, 2010 @ 12:37PMFeb. 21 (Bloomberg) -- Schlumberger Ltd. , the world’s largest oilfield services company, will buy Smith International Inc. for about $11.3 billion in an all-stock transaction, gaining sole ownership of the biggest drilling-fluids provider.
Stocks to watch: ALF, CAV, CEN, PFI, SKT, TEL Sunday, February 21, 2010 @ 12:37PMFeb. 22 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. All prices are in New Zealand dollars unless specified.
Fed move sparks debate on commodity investments Sunday, February 21, 2010 @ 12:21PMPrices of key commodities fell on Friday, stung by a surge in the dollar after a surprise hike in the US Federal Reserve....
Rationalise taxes, reduce STT & stamp duty: investors Sunday, February 21, 2010 @ 12:20PMWith just five days remaining for the presentation of Union Budget 2010-11, the capital market is expecting the finance ministry to address their demands.