Posts tagged as: reuters

Monti warns of tears in Italy’s social fabric

ROME (Reuters) – Italy’s social fabric is being torn by recession and tensions are growing among its citizens, Prime Minister Mario Monti said on Sunday. Speaking to a group of students in the central Italian town of Arezzo, Monti urged Italians to stick together and “not give up” in the face of a shrinking economy [...]

Insight: India’s “Queen of Democrazy” at the crossroads of change

KOLKATA, India (Reuters) – Kolkata‘s red-brick secretariat was built more than 200 years ago for Britain’s East India Company, which used trade in opium, cloth and tea to colonize the subcontinent. Distrust of foreign merchants lingers still. For the past year, the sprawling building has been occupied by Mamata Banerjee, the diminutive chief minister of [...]

Avon cooperating with SEC in stock trading probe

(Reuters) – Cosmetics company Avon Products Inc is cooperating with the Securities and Exchange Commission, which was reported on Friday to be looking into trading activity before fragrance maker Coty Inc‘s $ 10 billion offer to buy Avon. According to the Wall Street Journal, the SEC sent a letter to Avon on April 2, the [...]

Ashok Leyland cuts vehicle prices by 1%

Published on Fri, May 11, 2012 at 20:00 |  Source : Reuters Updated at Sat, May 12, 2012 at 12:41   Moneycontrol Business News

Marathon Petroleum Corporation Provides Update to Midstream Strategic Alternatives Evaluation Process

  FINDLAY, Ohio, May 1, 2012 – Marathon Petroleum Corporation (MPC) announced today that while it continues to evaluate strategic alternatives to enhance shareholder value with respect to certain midstream assets, MPC`s board of directors has authorized and directed its evaluation team to further explore the formation and initial public offering of a master limited [...]

ONGC gains; Jefferies assigns ‘buy’ call

Published on Thu, May 10, 2012 at 12:12 |  Source : Reuters Updated at Thu, May 10, 2012 at 12:17   Moneycontrol Buzzing Stocks

Comcast to sell “substantial portion” of stake in A&E

NEW YORK (Reuters) – Comcast Corp’s NBCUniversal business exercised an option to sell “a substantial portion” of its stake in A&E Television Networks to joint-venture partners, a filing from the media company showed.
Comcast, which ow…

Shares of Singapore’s SMRT fall after Q4 earnings

SINGAPORE, May 2 (Reuters) – Shares of Singapore’s subway
operator SMRT Corp Ltd fell as much as 3 percent to a
29-month low after it reported a plunge in its quarterly
earnings and announced a cut in its final dividend.
At 0106 GMT, SMRT…

Shares of Singapore’s SMRT fall after Q4 earnings

SINGAPORE, May 2 (Reuters) – Shares of Singapore’s subway
operator SMRT Corp Ltd fell as much as 3 percent to a
29-month low after it reported a plunge in its quarterly
earnings and announced a cut in its final dividend.
At 0106 GMT, SMRT…

Shares of Singapore’s SMRT fall after Q4 earnings

SINGAPORE, May 2 (Reuters) – Shares of Singapore’s subway
operator SMRT Corp Ltd fell as much as 3 percent to a
29-month low after it reported a plunge in its quarterly
earnings and announced a cut in its final dividend.
At 0106 GMT, SMRT…

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