Financial News


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04 February 2010 5:24 PM
Mining contractor Murray & Roberts Cementation is engineering a new shaft sinking methodology for its African operations that will see both an increase in productivity and an improvement in the safety performance of its shaft sinking project tea

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04 February 2010 5:24 PM
SRK Consulting, a firm of con- sulting engineers and scientists, is positioning itself for an aggressive expansion into the African market.Newly appointed SRK chairperson Roger Dixon reports that, given positive signs that the market is ready to mov

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04 February 2010 5:24 PM
WASHINGTON - The US Energy Department has canceled plans to put into the market during 2011 extra government-owned surplus uranium supplies, Energy Secretary Steven Chu told Congress on Thursday, but the uranium transfers will continue for this year

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04 February 2010 5:18 PM
Feb. 4 -- Chile’s peso dropped to the lowest in almost four months as copper prices plunged on concern metals demand may wane in the U.S. The peso declined 1.2 percent to 544.13 per U.S. dollar at 3:51 p.m. New York time, from 537.88 yesterday.

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04 February 2010 5:18 PM
Matthew Carpenter, head of a Citigroup Inc (C:NYSE). unit that trades U.S. stocks using the bank’s own money, quit to join hedge fund Moore Capital Management LP amid concern the government may order banks to exit such businesses, people briefed on

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04 February 2010 4:59 PM
Soft labor-market data in the U.S.also led investors to pare their exposure to risk by dumping stocks and parking money in Treasurys.Bond prices rose, sending their yields lower, as the Dow Jones industrial average fell more than 260 points.Other ma

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04 February 2010 4:58 PM
The bonds were originally issued in May 1997 in the principal amount of $3,000,000 without a Fitch rating.The issuer is substituting the Columbus Bank & Trust Company LOC with a SB&T Bank LOC and a FHLB CLOC.All outstanding bonds are currently being

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04 February 2010 4:58 PM
The $1.0 billion 3.25-year notes are now expected to yield 140 basis points over comparable U.S.Treasuries, the $1.75 billion six-year notes and $3.75 billion of 10-year notes are both expected to yield 190 basis points more than Treasuries, while t