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Early Glance: Finance companies (INO News) (AP:NEW YORK) Shares of some top finance companies are down at 10 a.m.: Bank of America fell $.29 or .9 percent, to $32.77. CIT Group fell $.07 or .6 percent, to $10.70. German Finance Minister rejects EU stimulus package bid (Deutsche Welle) German Finance Minister Peer Steinbrueck has rejected a proposed European Union stimulus plan to revive the EU economy. At a two-day meeting of finance ministers in Nice, France, he called the suggestion an unnecessary waste of money. Eurogroup Finance Ministers Back EU's Juncker For Third Term (Nasdaq) NICE, France (AFP)--The Eurogroup of euro-zone finance ministers Friday backed Luxembourg's Jean-Claude Juncker for a third term as their chairman, his spokesman said. NZX refers Dominion Finance matters to Securities Commission (The New Zealand Herald) The stock exchange is continuing inquiries into Dominion Finance Holdings (DFH) after referring some matters concerning the company to the Securities Commission. EU finance chiefs brace for recession fight (AFP via Yahoo! News) Averting a recession in Europe will be the burning issue for EU finance chiefs meeting Friday and Saturday on the French Riviera as the euro and stocks tumble on fears of a downturn. EU FINANCE CHIEFS RULE OUT STIMULUS PLAN TO AVERT RECESSION (The Tocqueville Connection) NICE, France, Sept 12, 2008 (AFP) - Finance ministers from the 15 euro countries on Friday ruled out a sweeping European stimulus plan to ward off a recession but gave themselves some wiggle room on extra spending. EU FINANCE CHIEFS RULE OUT STIMULUS PLAN TO AVERT RECESSION (The Tocqueville Connection) NICE, France, Sept 12, 2008 (AFP) - Finance ministers from the 15 countries sharing the euro ruled out on Friday the possibility of a sweeping European stimulus plan to ward off the looming threat of recession. Museum of American Finance Hosts Talk and Book Signing with Author Ken Winans (Centre Daily Times) On Thursday, September 18, the Museum of American Finance will host a talk, exhibit tour and book signing with Ken Winans, author of Investment Atlas. The program will be held from 5:30 - 7:00 pm at the Museum, located at 48 Wall Street in Lower Manhattan. PRESS RELEASE: Fitch: SREI Equipment Finance At AA(ind) (Nasdaq) Fitch Ratings-London/Mumbai-12 September 2008: Fitch Ratings has today assigned India's SREI Equipment Finance Pvt Ltd (SEFPL, previously SREI Infrastructure Development Finance Ltd), the 50/50 JV between SREI Infrastructure Finance Limited (SIFL) and BNP Lease Group (BPLG, a 100% subsidiary of BNP Paribas, 'AA'/Outlook Stable), a National Long-term 'AA(ind)' rating with Stable Outlook and a ... HIGHLIGHTS-Euro zone finance ministers' meeting, Eurofi (Reuters via Yahoo! Singapore News) NICE, France, Sept 12 (Reuters) - The following are comments made by euro zone finance ministers and other officials during their meeting and at a Eurofi conference this week in Nice. | |
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