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Financial Service News

Financial Services news continually updated from thousands of sources around the net.

14 min ago | The Montreal Gazette

Bombardier downgraded by Goldman Sachs

Goldman Sachs has reiterated its downgrade of Bombardier and shaved its stock price forecast even further amid expectations of additional delays in the Quebec company's CSeries jetliner program and the decision by a Swedish buyer to abandon its position as launch operator.

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Related Topix: Goldman Sachs, Investment Services, Consulting, Cohen Group

3 hrs ago | Post and Courier

Dominion, Duke propose $5B natural gas pipeline

Dominion Resources, Duke Energy and other partners are proposing a $5 billion natural gas pipeline to connect the Southeast with the prodigious supplies of natural gas being produced in Pennsylvania, Ohio and West Virginia.

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Related Topix: Banking, Dominion Corp, Dime Community Bancshares, Duke Energy, Energy, Pennsylvania

3 hrs ago | Business Journal

Dollar General boosts offer for Family Dollar to $80 per share, will divest 1,500 stores

Bloomberg's Adam Johnson reports that Dollar General has increased its offer for Family Dollar to $80 per share.

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Related Topix: Dollar General, Retail, Kohlberg Kravis Roberts, Investment Services, Family Dollars Stores, Dollar Tree Stores, Tree.com

8 hrs ago | Silicon Alley Insider

10 Things You Need To Know Before The Opening Bell

Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co as vice chairman and managing director, Reuters reports.

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Related Topix: UBS Investment Bank, Investment Banking, Europe, World News, Germany

11 hrs ago | Brandon Sun

Amid speculation European Central Bank will back stimulus, euro falls to one-year dollar low

The euro has fallen to a one-year low against the dollar as Europe's single currency remains under pressure ahead of this week's policy meeting of the European Central Bank.

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Related Topix: European Central Bank, Banking

Mon Sep 01, 2014

Wall Street Journal

Goldman Made Loan to Esp rito Santo Shortly Before Banka

As Portuguese lender Banco Espirito Santo SA neared collapse this summer, it found a Wall Street ally to help it raise funds: Goldman Sachs Group Inc. Through a Luxembourg financing vehicle created by Goldman, Banco Espirito Santo received $835 million in July, according to a prospectus reviewed by The Wall Street Journal, a time when it was nearly ... (more)

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Related Topix: Goldman Sachs, Investment Services, Banco Esprito Santo SA

Wall Street Journal

Santa Fe's 'Extraordinary Nexus of Talent'

'New Mexico is one of those incubators for photography that have developed across the country in apparently unlikely places-Bloomington, Indiana; Rochester, New York; Carmel, [California,]" Kate Ware, the Curator of Photography at the New Mexico Museum of Art, emailed.

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Related Topix: Santa Fe Energy Trust, Energy, Oil & Gas, Photography, Arts, Rochester, NY, University of New Mexico, Cameras

Daily World

Report: Deals in place to make iPhone "mobile wallet"

Apple's next iPhone will be a so-called mobile wallet that enables users to make credit card payments in some stores, according to a new report.

1 comment

Related Topix: iPhone, Apple, Startups, Travelers Express Company

Rediff.com

India can get billions of dollars in FDI from Japan: Kochhar

Kochhar, who is part of a high-level business delegation that has come here for Modi's first official visit as Prime Minister, said that ICICI Bank will play a major role in arranging funds for Japanese investments into India.

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Related Topix: ICICI Bank, Renewable Energy (Green Energy), Alternative Energy, Energy

Examiner.com

SEC comes down on Breached Companies

If you're wondering if businesses, who've been targets of cybercrime, have been properly handling the fallout, you have company: The U.S. Securities and Exchange Commission .

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, US Securities and Exchange Commission

Reuters

Euro hits fresh one-year low, hamstrung by Ukraine turmoil

The euro hit a fresh one-year low on Monday, as heightened worries about the crisis in Ukraine kept the currency on the defensive ahead of a European Central Bank policy meeting later this week.

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Related Topix: Banking, European Central Bank

Sun Aug 31, 2014

West Australian

Stocks to watch on Monday

Harvey Norman expects the strengthening housing market to boost its business, after achieving sales and profit growth in the past year.

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Related Topix: National Australia Bank, Banking

KMOV-TV Saint Louis

Payday lenders to face stronger scrutiny

Payday lenders in Kentucky are coming under increasing restrictions because of a pair of laws passed by the state and federal governments at the start of the decade.

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Related Topix: Social Security, Personal Finance, Banking, Financial Institutions, Alexandria, VA, Credit Card Debt

WANE-TV Fort Wayne

Auction raises $26k for Honor Flight

AUBURN, Ind. A 1964 Chevy Impala SS was up for bid at Auctions America Sunday to help raise funds for Honor Flight of Northeast Indiana.

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Related Topix: Auburn, IN, Northeast Indiana Bancorp, Banking

News Max

Alibaba Said to Push Back Start of IPO Investor Meetings

Alibaba Group Holding Ltd. is postponing the start of investor meetings for its initial public offering by about a week to answer questions posed by the U.S. Securities and Exchange Commission, according to a person with knowledge of the matter.

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Related Topix: Alibaba, Securities and Exchange Commission, Corporate / Securities Law, US Securities and Exchange Commission, Law, World News, China

West Australian

French PM says ECB must do more to tackle overvalued euro

French Prime Minister Manuel Valls reiterated on Sunday calls for the European Central Bank to go "further" in tackling the problem of an overvalued euro.

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Related Topix: European Central Bank, Banking

AmericanBankingNews.com

Principal Financial Group Given Average Rating of "Hold" by Analysts

Principal Financial Group has received a consensus recommendation of "Hold" from the fifteen brokerages that are presently covering the company, AR Network reports .

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Related Topix: Principal Financial Group, Investment Services, Insurance

KOLN-TV Lincoln

Ex-Omaha Bank President Banned from Banking

The Federal Deposit Insurance Corp. says Michael Dahir, who served as the bank's president and CEO from 1988 until 2012, breached his fiduciary duty to the bank and caused it to incur losses.

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Related Topix: Federal Deposit Insurance

Sat Aug 30, 2014

Salisbury Journal

Lloyds duo ride the length of Britain for charity

A SENIOR advisor from Lloyds bank in Salisbury is planning to cycle from Lands End to John O'Groats to raise money for the Alzheimer's Society.

Comment?

Related Topix: Lloyds TSB Group

Yahoo!

Greece looks to debt relief in EU-IMF talks

A delegation of senior Greek ministers heads into meetings in Paris with EU-IMF creditors on Tuesday hoping to win a direly-needed new round of debt relief to propel economic recovery.

Comment?

Related Topix: European Central Bank, Banking

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