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Fortis: woensdag 09 december 2009.

90 Posts
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  1. [verwijderd] 9 december 2009 00:01
    Beurzen wereldwijd in het verlies

    Een uitgebreide mix van slecht economisch nieuws heeft de Europese beurzen dinsdag onderuitgehaald: Fitch verlaagt de kredietrating van Griekenland; de zorgen over de Dubai-schulden duiken weer op; de industriële productie in Duitsland daalde onverwacht. Door die slechtnieuwsshow eindigde ook de Bel20 bijna 1 procent lager. Maar ook Wall Street kon niet ontsnappen aan de kredietzorgen.

    www.kranten.com/artikel.html?id=6529173
  2. [verwijderd] 9 december 2009 00:04
    Visa en Mastercard betalen 1 miljard schadevergoeding

    De kredietkaartfirma's Visa en Mastercard gaan deze week 1,1 miljard dollar (750 miljoen euro) uitbetalen aan meer dan 600 Amerikaanse handelaars, in het kader van een zaak van mogelijk concurrentieverstorende praktijken. Dat meldt het advocatenbureau Constantine Cannon dinsdag.

    www.kranten.com/artikel.html?id=6529079
  3. [verwijderd] 9 december 2009 00:23
    From Times Online
    December 8, 2009
    Northern Rock investors to get nothing
    Katherine Griffiths Banking Editor

    Shareholders in Northern Rock who saw their holdings wiped out when the bank was nationalised should receive no compensation, the independent valuer has said.

    Andrew Caldwell, a partner at accountancy firm BDO Stoy Hayward, said today in his first public statement on Northern Rock that investors should receive nothing. Mr Caldwell has invited further consultation and is expected to give a final ruling next year.

    business.timesonline.co.uk/tol/busine...
  4. [verwijderd] 9 december 2009 00:27
    From Times Online
    December 8, 2009
    Baroness Vadera warns European banks to 'come clean'
    Suzy Jagger and Patrick Hosking

    Baroness Vadera, adviser to the G20, today warned the world's most senior bankers that Continental lenders have still to come clean about the magnitude of their losses and bad debts.

    Lady Vadera, who was formerly a key adviser to Gordon Brown during the banking crisis, said: "It's not the UK banks that have to come clean, but some of the Continental banks still have issues."

    business.timesonline.co.uk/tol/busine...
  5. [verwijderd] 9 december 2009 00:39
    From The Times
    December 9, 2009
    Markets tell Darling: it's time to end the spending
    Philip Webster, Ian King and Francis Elliott

    Alistair Darling today will contest growing doubts over Britain’s economic recovery as he tries to show the markets that he is serious about halving the £180 billion deficit in four years.

    On the eve of his Pre-Budget Report, the Chancellor was confronted with figures that suggested that Britain would struggle to climb out of recession before the end of the year.

    business.timesonline.co.uk/tol/busine...
  6. [verwijderd] 9 december 2009 00:49
    From Times Online
    December 8, 2009
    Global markets hit by new Dubai debt fears
    Robert Lindsay

    Fresh fears about Dubai's ability to resolve its huge debt mountain returned to global stock markets today as shares across America, London and Europe tumbled.

    In America, the leading Dow Jones industrial index, fell 104.14 points to 10,285.97.

    Earlier today, Abdulrahman al-Saleh, Dubai's finance minister, admitted that six months may not be enough to restructure Dubai World, the state-owned conglomerate which owns Nakheel, the property developer.

    business.timesonline.co.uk/tol/busine...
  7. [verwijderd] 9 december 2009 00:54
    From The Times
    December 9, 2009
    Documents show earlier Dubai World bailout
    Hugh Tomlinson in Dubai and Helen Power

    The property subsidiary of Dubai World, the stricken Gulf investment group, could have lost up to $6 billion (£3.7 billion) in the first half of this year had it not been given government bailouts, it has emerged.

    The continued bad news from Dubai World sent investor confidence in the Gulf state crashing yesterday, while in Britain fears about the state-backed investment company hit Royal Bank of Scotland, one of its main lenders.

    business.timesonline.co.uk/tol/busine...
  8. [verwijderd] 9 december 2009 01:29
    From The Times
    December 9, 2009
    Inquiry to ask if British banks are too big to fail
    Suzy Jagger, Politics & Business Correspondent

    One of the most influential committees in Parliament will examine whether Britain’s banks should be carved up to prevent a re-run of the financial crisis last year.

    The Treasury Select Committee said yesterday that it would open an inquiry next year into whether banks are too big to fail and whether large, complex lenders should be forced to ring-fence riskier parts of their business from more mundane operations.

    business.timesonline.co.uk/tol/busine...
  9. [verwijderd] 9 december 2009 01:56
    From The Times
    December 9, 2009
    Japan keeps pouring money into its ailing economy
    Leo Lewis, Asia Business Correspondent

    The Japanese Cabinet has agreed to pour another 7,200 billion yen (£50 billion) cash stimulus into its economy as employment conditions remain miserable and deflation gnaws at profits.

    The latest series of stimulus measures were hammered out in the face of growing concern over Japan’s fiscal position and an historic addiction to state borrowing that puts public debt at nearly 190 per cent of GDP.

    business.timesonline.co.uk/tol/busine...
  10. [verwijderd] 9 december 2009 02:30
    From The Sunday Times
    December 6, 2009
    Where next for the stock market lost decade?
    Should you be in shares, cash, property or commodities for the next 10 years? Jennifer Hill weighs up the arguments

    This month marks the anniversary of the stock market’s peak 10 years ago, which ushered in one of the worst decades on record for investors.

    business.timesonline.co.uk/tol/money/...
  11. [verwijderd] 9 december 2009 02:55
    Griechenland: Angst vor Staatspleite belastet die Märkte
    Die Märkte zittern vor einer möglichen Staatspleite Griechenlands. Quelle: Reuters

    Die Herabstufung der Länder-Bonität Griechenlands hat am Dienstag Schockwellen durch die Börsen gesendet. Berlin und Brüssel reagierten fordern von Athen, mehr Haushaltsdisziplin an den Tag zu legen. Die Unsicherheit macht jedoch auch vor den „Großen“ nicht Halt: Analysten kratzen jetzt sogar am Ruf der USA und Großbritanniens als erstklassige Schuldner.

    www.handelsblatt.com/finanzen/anleihe...
  12. [verwijderd] 9 december 2009 03:41
    Geschlossene Schiffsfonds: Volle Fahrt in Richtung Totalverlust

    Lange bewarben Banken geschlossene Schiffsfonds als todsichere Geldanlage, deutsche Anleger haben 20 Milliarden Euro investiert. Nun müssen Zigtausende von ihnen feststellen, dass sie falsch beraten waren. Experten glauben, der Schaden werde höher sein als jener, den Lehman-Zertifikate angerichtet haben. Die ersten Anleger bereiten nun Klagen gegen ihre Banken vor.

    www.handelsblatt.com/finanzen/fondsna...
  13. [verwijderd] 9 december 2009 04:34
    Modrikamen krijgt lik op stuk van rechter

    Advocaat Mischaël Modrikamen heeft dinsdag bijna over de hele lijn bakzeil gehaald voor de rechtbank van koophandel van Brussel, waar hij een zaak ten gronde had aangespannen tegen de opdeling van Fortis. De rechtbank verwierp zo goed alle voorlopige maatregelen die Modrikamen geëist had namens ruim 2.000 misnoegde Fortis-aandeelhouders. Hij krijgt wel inzage in een aantal documenten. De advocaat wil in beroep gaan. De koers van het aandeel Fortis is intussen hervat.

    www.kranten.com/artikel.html?id=6529702
  14. [verwijderd] 9 december 2009 07:09
    European stocks seen opening largely unchanged

    EUROPEAN OUTLOOK & US/ASIAN SUMMARIES:

    Global markets are lower Wednesday after U.S. stocks fell Tuesday following ratings downgrades for Greece and a raft of Dubai government-controlled companies that triggered renewed risk aversion. The euro has fallen to a five-week low against the dollar, while the pound has set a two-month low against the greenback. European markets look set to open little changed after their slide Tuesday.

    STOCKS:

    European bourses are expected to open fairly flat after ending sharply lower Tuesday on falls in bank stocks following credit rating downgrades for Dubai and Greece. U.K. lenders are seen as some of the most exposed in Europe to the debt woes of Dubai.
    For Wednesday's opening, IG Markets is calling the FTSE up 10 at 5333, the DAX unchanged at 5688 and the CAC up 8 at 3793.
    Attention will be on German CPI data, and then U.K. trade data and the HM Treasury pre-budget report. U.S. mortgage applications and DOE oil inventories are due later in the day.
    "Traders in London will...be looking closely at the Chancellor's comments in today's pre-budget report, something that could have important ramifications for sectors including the banks and retail as taxes to cub bonuses and the prospect of rising VAT are both on the radar," said Cameron Peacock at IG Markets.
    Global economic worries weighed on industrial firms and commodities producers in U.S. trading, with renewed concerns over the potential fallout of credit and debt problems in Dubai and Greece sparking a rebound in the dollar and a decline in oil and metals prices.
    "The economy has not proven it can stand on its own two legs yet and the market is acting very tired," said Gary Flam, a portfolio manager with Bel Air Investment Advisors. "The leadership names have started to roll over and the stocks that have outperformed lately are the very defensive utilities, staples and telecom. I find it hard to believe that the bull market can make a significant move higher driven by utilities and telecom."
    Asian shares are lower Wednesday as renewed risk aversion gripped markets after Wall Street's sharp decline, while weaker-than-expected economic growth data in Japan hurt stocks there.
    Third-quarter growth in Japan was revised lower to 0.3% on-year in real terms. That compared with the preliminary estimate for a 1.2% expansion and expectations for a 0.6% result tipped in a Nikkei and Dow Jones Newswires poll.
    The Nikkei 225 was down 1.5%, Australia's S&P/ASX 200 was down 0.9%, South Korea's Kospi Composite was off 0.3%. The Shanghai Composite index was 1.6% lower and Hong Kong's Hang Seng Index was down 0.7%.
    Dow Jones industrial average futures were slightly higher in screen trade.

    (MORE TO FOLLOW) Dow Jones Newswires
    December 09, 2009 01:00 ET (06:00 GMT)
    Copyright (c) 2009 Dow Jones & Company, Inc.

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