Reuters: Financial Services and Real Estate

NY Fed says bought $1.845 bln of US agency debt

Tue, 10 Nov 2009 16:10:55 +0000

NEW YORK, Nov 10 (Reuters) - The New York Federal Reserve said on Tuesday it bought $1.845 billion of U.S. agency debt with maturities ranging from February 2011 to October 2011.

UPDATE 3-AIG likely to be able to repay government-Moody's

Tue, 10 Nov 2009 16:10:39 +0000

* Government has incentive to continue support - Moody's

UPDATE 1-Anthracite says breaches covenants, shares plunge

Tue, 10 Nov 2009 16:09:59 +0000

Nov 10 (Reuters) - Anthracite Capital Inc , an investor in commercial real estate assets, said it has "substantial" doubts about its ability to continue as a going concern after breaching banking covenants and posting a fourth straight quarterly loss.

Qatar Commercial Bank sets guidance for bond sale

Tue, 10 Nov 2009 16:06:41 +0000

DUBAI, Nov 10 (Reuters) - Commercial Bank of Qatar has set price guidance on benchmark five-year and 10-year bond issues, a banker familiar with the deal said on Tuesday.

UPDATE 1-HSH Nordbank dismisses two top executives

Tue, 10 Nov 2009 15:59:19 +0000

HAMBURG/FRANKFURT, Nov 10 (Reuters) - Hamburg-based HSH Nordbank AG [HSH.UL], which ran up millions of euros in losses on real-estate related assets during the financial crisis, on Tuesday dismissed two management board members.

UPDATE 1-UK's Brown-transaction tax just one option for banks

Tue, 10 Nov 2009 15:51:18 +0000

LONDON, Nov 10 (Reuters) - British Prime Minister Gordon Brown said on Tuesday banks must be made to act responsibly but that a levy on transactions was only one possible way of achieving this.

US STOCKS-Wall St edges up on brighter corporate tone

Tue, 10 Nov 2009 15:48:47 +0000

NEW YORK, Nov 10 (Reuters) - Wall Street edged higher and the Dow touched a fresh 13-month high on Tuesday as several positive corporate announcements helped stocks extend gains.

U.S. indicts foreigners for hacking RBS WorldPay

Tue, 10 Nov 2009 15:22:38 +0000

WASHINGTON, Nov 10 (Reuters) - A U.S. grand jury indicted several foreigners on charges that they hacked a computer network used by the credit card processing company RBS WorldPay and stole more than $9 million, the U.S. Justice Department said on Tuesday.

UPDATE 3-Beazer posts first quarterly profit in 3 years

Tue, 10 Nov 2009 15:20:17 +0000

* Shares up 16 pct (Updates stock action, recasts, adds estimates, analyst quote)

Jupiter finds local partner for sales push in France

Tue, 10 Nov 2009 14:56:27 +0000

LONDON, Nov 10 (Reuters) - Jupiter Asset Management [JPAMG.UL] has formed a strategic alliance with a French distributor as it seeks to expand in France.