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Archive for  November 2005

    • News Desk
    • Nov 1st, 2005
    • Comments Off on Bonds: bids raise credit protection costs in Europe

    A $32 billion bid from Telefonica for Britain's O2 raised the risk stakes in Europe's credit markets on Monday, pushing the cost of default insurance higher. Telefonica's all-cash bid, aimed at expanding the Spanish phone

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Bonds: bids raise credit protection costs in Europe

    A $32 billion bid from Telefonica for Britain's O2 raised the risk stakes in Europe's credit markets on Monday, pushing the cost of default insurance higher. Telefonica's all-cash bid, aimed at expanding the Spanish phone

    Read More

    • News Desk
    • Nov 1st, 2005
    • Comments Off on Monday’s unofficial close: US stocks rise on acquisitions

    US stocks gained on Monday as a string of take-over announcements and better-than-expected economic data bolstered investors' confidence. Bon-Ton Stores Inc said on Monday it agreed to buy 142 stores from Saks Inc for $1.1

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  • Here is how major stock markets outside the United States ended on Monday. EUROPE STOCK EXCHANGE: European shares recorded their biggest one-day points gain in 2-1/2 years, thanks to a raft of take-over stories, strong

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Bid fever drives FTSE to best gain since 2003

    Bid fever drove UK stocks higher on Monday as mobile phone operator O2, shipping company P&O and glass maker Pilkington all received approaches, sending their shares surging and driving the market to its best one-day

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on New York cotton futures settle easier

    Cotton futures settled easier Monday on speculative sales as the market slumped when it failed at its highs and fiber contracts could slip further due to follow-through sales in the days ahead, brokers said. The

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Base metals end firmer, off earlier peaks

    Base metals closed firmly on the London Metal Exchange (LME) on Monday, but off earlier peaks in low-key trading on the first day of LME dinner week, dealers said. "Most metals look fairly positive, except

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Oil drops to three-month low on demand worries

    Oil prices slumped below $60 a barrel on Monday as unusually warm temperatures in the US Northeast capped heating oil use, adding to worries high world energy prices had slashed demand growth. US crude settled

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Oil drops to three-month low on demand worries

    Oil prices slumped below $60 a barrel on Monday as unusually warm temperatures in the US Northeast capped heating oil use, adding to worries high world energy prices had slashed demand growth. US crude settled

    Read More

    • News Desk
    • Nov 1st, 2005
    • Comments Off on Oil drops to three-month low on demand worries

    Oil prices slumped below $60 a barrel on Monday as unusually warm temperatures in the US Northeast capped heating oil use, adding to worries high world energy prices had slashed demand growth. US crude settled

    Read More

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