Archive for May 18th, 2010

Paul Hansen of Stanlib is bored with the euro chatter. This staunch bull is finding reason for optimism is the maelstrom of bearish… »

Gold coins are flying off the shelves, and shortages have been reported. We… »

Transnet’s strike is into its second week. What’s the cost, what’s the point, and is it right to offer 11% which is more than DOUBLE… »

Europe may have to clean up its own mess after all. The US Senate has voted 94:0 to block use of taxpayers’ money for IMF rescues that make no economic sense or bail-outs for countries like Greece that far are beyond the point of no return.

“This amendment will help prevent American taxpayer dollars from underwriting… »

FRANKFURT, May 17 (Reuters) - The European Central Bank’s decision to buy tarnished debt in the euro zone risks turning it into Europe’s de facto “bad bank” and putting cash-strapped governments and taxpayers on the hook for yet more money.
Click here for full… »

Foreign holders of Greek and Portuguese debt have seized on emergency intervention by the European Central Bank to exit their positions, leaving eurozone taxpayers exposed to the credit… »

Johannesburg, May 18 (I-Net Bridge) - Private hospital operator Life Healthcare Group Holdings is expected to list on the JSE on Tuesday 8 June, in what is expected to be the largest ever IPO on the local bourse.
The company will list under the share code LHC in the Health Care Providers sector… »

Johannesburg, May 18 (I-Net Bridge) - Investment holding company with interests in the civil engineering, construction and mining industries, Stefanutti Stocks (SSK), on Tuesday reported a 19% increase in diluted headline earnings per share for the year ended February 2010 to 208.48 cents from 174.57 cents a year ago.
Headline earnings were… »

June, 2010 (Bloomberg Markets) — After losing billions on U.S. stocks beginning in 2000, Alwaleed Bin Talal says he may become richer than the Oracle of Omaha. His strategy: holding an IPO for his luxury hotels and building the world’s tallest tower in his homeland.
Prince Alwaleed Bin Talal sits under an almost full moon… »

The euro fell toward its lowest level since April 2006 on speculation Europe’s debt crisis will hamper its economic recovery as regional finance ministers sought to assuage concern that spending cuts go too far.
Click here for full… »