| Bond Report: Treasurys pare loss after strong bond auction The government saw solid demand at its auction of $21 billion in 10-year notes, at the second-lowest yield on record. feeds.marketwatch.com |
Connaught administrator 'hopeful' of saving jobs The administrators to Connaught say they are "hopeful" of saving jobs in the failed company's social housing division after it was officially placed into administration. telegraph.co.uk |
Jérôme Kerviel will need 177,000 years to repay €5 billion Jérôme Kerviel, the rogue French trader sentenced to three years in jail yesterday for losing the bank he worked for €5 billion (£4.4 billion), has been ordered to repay the full amount despite calculations that it would take him more than 177,000 years to do so. telegraph.co.uk |
Financial Stocks: Financials turn lower as jobs in focus Financials turn south as investors look to Friday’s key nonfarm payrolls report for September. Fifth Third climbs after Oppeheimer initiates coverage with an outperform rating, while NYSE Euronext falls after reporting weak cash products volume for September. feeds.marketwatch.com |
Double dip recession 'possible' in Britain warns Michael Page boss The Government has been urged to outline plans for creating economic growth or risk Britain falling into a double dip recession, according to the boss of Michael Page. telegraph.co.uk |