Tom Frew

Earnings per Share of $1.34; $1.25 Excluding CVA/DVA Citigroup Inc. today reported net income for the second quarter 2013 of $4.2 billion, or $1.34 per diluted share, on revenues of $20.5 billion. This compared to net income of $2.9 billion, or $0.95 per diluted share, on revenues of $18.4 billion for the second quarter 2012. […]

First of IBO—designed to raises funds and promote visibility for SMEs—by an unlisted company NYSE Euronext has announced a €7.3 million bond issue by REALITES, a major real estate promoter in Western France, on NYSE Alternext in Paris. It was the first time an unlisted company used an Initial Bond Offer (IBO)—an instrument that allows […]

Progress for the electronic and electrical equipment firm. NYSE Liffe, the European based derivatives business of NYSE Euronext (NYX) has announced that it will launch equity options on the shares of TKH Group N.V. Trading in the options will start as of August 6th on the Amsterdam derivatives market of NYSE Liffe. The new listed […]

Unknown what effect this will have on red elastic bands, late deliveries and job prospects for black and white felines. Royal Mail has welcomed the Government’s announcement today that it intends to relinquish overall control and achieve minority ownership in Royal Mail. The Government intends to dispose of a majority stake in Royal Mail this […]

Council Names Two Companies for Consolidated Supervision and Enhanced Prudential Standards The Financial Stability Oversight Council (Council) today announced that it had voted to designate two nonbank financial companies to address potential threats to financial stability. This is the Council’s first use of its authority under Title I of the Dodd-Frank Wall Street Reform and […]

Hot off the press direct from the good ol’ USA! Don’t tread on me, buddy! The U.S. Department of the Treasury announced today that it is commencing auctions for all of its Troubled Asset Relief Program’s Capital Purchase Program preferred stock and subordinated debt positions (the “CPP Securities”) in the following eight institutions: Alarion Financial […]

Opened by the Liberal Democrat Business Secretary Vince Cable The £350 million Vivergo bioethanol plant in Hull was officially opened today by the Rt. Hon Vince Cable MP, Secretary of State for Business, Innovation and Skills. The new plant is the UK’s biggest bioethanol producer and largest single-source supplier of animal feed providing valuable commodities […]

All change for Libor NYSE Euronext Rate Administration Limited, a subsidiary of NYSE Euronext (NYX), today announced that following a rigorous selection process conducted by the independent Hogg Tendering Advisory Committee, NYSE Euronext Rate Administration Limited has been appointed as the new administrator for LIBOR. The transfer of the administration from BBA LIBOR Ltd, the […]

Some progress in General Merchandise and an excellent performance in Food • Group sales +3.3% * • Total UK sales +2.7%:Food +4.5%; GM +0.5% • Like-for-like UK sales +0.3%:Food +1.8%; GM –1.6% • International sales +8.7% * • M&S.com sales +29.9% Marc Bolland, Chief Executive that the company’s “General Merchandise business showed some improvement this […]

New York Stock Exchange Announces Date of Review of Decision to Remove Verso Paper Corp. From the List NYSE Regulation Inc. (“NYSE Regulation”) announced today that Verso Paper Corp. has requested a review of the determination to remove the Company from the list, as announced on June 25, 2013. The review will be held on […]