Search Results for: performance

Market Action

May 23, 2012

I’m not sure what Spain’s debt maturity profile looks like – but there’s one good reason for issuing long-term debt: Spain can’t continue much longer with its current high borrowing rates, the prime minister warned …

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Market Action

May 22, 2012

BC Hydro couldn’t care less about operating on a cost-recovery basis. That’s not important: Energy Minister Rich Coleman says he has cut expected BC Hydro rate increases by 50 per cent over three years. Mr. …

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Market Action

May 18, 2012

Never mind Greece and Spain, here’s some commentary about an old friend: Ireland may be forced into a second bailout by mounting loan losses in its banking system, according to Deutsche Bank AG. Ireland’s bailed-out …

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Market Action

May 17, 2012

Fitch downgraded Greece: Greece’s credit rating was downgraded one level by Fitch Ratings on “heightened risk” that the country will not be able to sustain its membership of the euro area after inconclusive elections left …

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Market Action

May 16, 2012

There are fears the Greek bank run is accellerating: Greek President Karolos Papoulias was told by the nation’s central bank chief that financial institutions are worried about their survival as Greeks pull out euros amid …

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Market Action

May 15, 2012

There will be new elections in Greece: Greece will hold new elections after President Karolos Papoulias failed to broker a governing coalition following an inconclusive May 6 vote, raising concern it may exit the euro. …

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Market Action

May 14, 2012

Having destroyed Europe, the politicians are working on banking: Banks may face tougher bonus curbs including a ban on awards stemming from carry-trade profits on cheap European Central Bank loans under proposed changes to a …

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