TOP 100 FINANCIAL SITES
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| Eni Chief: Oil Nations Have Edge Eni's CEO expects more oil-producing nations will try to rewrite their deals with big energy companies this year. Profit almost doubled at the Italian oil and gas giant. online.wsj.com |
Sovereign Funds May Not Save Citigroup NEW YORK (AP) -- Citigroup shares sank about 5 percent to their lowest level in more than nine years, as stockholders recoiled at forecasts of more losses at the troubled bank and comments from a Middle East investor that Citi must raise more cash to stay in business.... hosted.ap.org |
Morgan Stanley urges keeping Mack as chairman Morgan Stanley’s board of directors urges shareholders not to vote out Chief Executive John Mack from his role as chairman. feeds.marketwatch.com |
Bear Stearns rescue averted "systemic risk" Merrill Lynch & Co Chief Executive Officer John Thain said the US Federal Reserve's rescue of Bear Stearns Cos helped avert "systemic risk" to the global financial system posed by the credit market meltdown. The move "has given the ... english.people.com.cn |
Monte Paschi shrs change direction, climb higher MILAN (Reuters) - Shares in Italian bank Monte dei Paschidi Siena experienced a reversal of fortune on Friday,shooting higher by as much as 6 percent after trading at a yearlow ahead of next week's capital increase. feeds.reuters.com |