Kuwait sells Citigroup stake for $1.1 bln profit
Kuwait Investment Authority, the emirate's sovereign wealth fund, said Sunday it has sold its stake in US banking giant Citigroup for an impressive profit.
AFP via Yahoo! News,
Sun Dec 06 06:05:08 PST 2009
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Kuwait's sovereign wealth fund sells Citigroup stake, banks $1.1 billion in profit
DUBAI, United Arab Emirates - Kuwait's sovereign wealth fund said Sunday it booked a profit of $1.1 billion by selling the stake it took in Citigroup Inc. less than two years ago when the b...
The Canadian Press via Yahoo! Canada News,
Sun Dec 06 14:48:00 PST 2009
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Topix.net
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Kuwait sovereign fund sells Citi stake for $1.1 billion profit
(Adds more background, banker comment.) Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones) -- The Kuwait Investment Authority, the Gulf country's sovereign wealth fund, said Sunday it sold a $4.1 b...
Market Watch,
Sun Dec 06 07:21:08 PST 2009
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Kuwaiti firm sells Citigroup stake for massive $US1b profit
A Kuwaiti investment firm has sold its stake in US banking giant Citigroup, making a $US1.1 billion profit
TVNZ,
Sun Dec 06 14:37:15 PST 2009
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The Hindu Business Line : Bond yields firm up on profit-taking
Bond yields firmed sharply last week on profit-taking and expectations of an imminent exit by foreign institutional investors ahead of the calendar year.
The Hindu,
Sun Dec 06 10:49:01 PST 2009
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Non-Profit Groups Surviving In Today's Economy
The downturn in the economy is proving tough for non-profit agencies to overcome as they raise needed funding.
WLUC Marquette,
Sun Dec 06 12:59:17 PST 2009
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Kuwait's sovereign wealth fund sells Citigroup stake, banks $1.1 billion in profit
DUBAI, United Arab Emirates - Kuwait's sovereign wealth fund said Sunday it booked a profit of $1.1 billion by selling the stake it took in
Canadian Business,
Sun Dec 06 09:50:38 PST 2009
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Kuwait sells Citigroup stake for 1.1 billion dollar profit
Kuwait City, Dec 6 (AFP) Kuwait Investment Authority, the emirate's sovereign wealth fund, said today it has sold its stake in US banking giant Citigroup for an impressive profit.
Press Trust of India,
Sun Dec 06 06:36:54 PST 2009
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Kuwait sells Citigroup stake for 1.1 billion dollar profit
Kuwait sells Citigroup stake for 1.1 billion dollar profitKuwait sells Citigroup stake for 1.1 billion dollar profit
The Economic Times,
Sun Dec 06 05:39:01 PST 2009
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Canwest reports quarterly operating profit of $52-million
TORONTO -- Canwest Global Communications Corp. said Friday it had a fourth quarter operating profit of $52-million before charges, compared with $60-million in the fourth quarter of 2008. F...
MalaysiaNews.net,
Sat Dec 05 11:12:53 PST 2009
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Kuwait pockets $1b profit on Citigroup stake sale
Kuwait Investment Authority, the nation's sovereign-wealth fund, sold its stake in Citigroup Inc. for $US4.1 billion.
Brisbane Times,
Sun Dec 06 13:18:49 PST 2009
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US banking industry returns to profit in Q3
WASHINGTON: The US banking industry returned to profit in the third quarter, but the government insurance fund went into deficit for the first time since 1992, regulators announced yesterda...
Business Times (Malaysia),
Sat Dec 05 10:27:28 PST 2009
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RBC profit up as domestic gains offset U.S. losses
Royal Bank of Canada said on Friday its quarterly profit rose 10 percent as strong domestic banking offset losses at its big U.S. operations.
Reuters via Yahoo! News,
Fri Dec 04 07:41:18 PST 2009
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Shares revival allows KIA to profit from Citigroup stake
invested $3bn (£1.82bn) in Citigroup in January 2008 , as part of the global bailout of banks hit by huge writedowns on US mortgages, bonds and loans as a result of the sub-prime crisis. Th...
MalaysiaNews.net,
Sun Dec 06 12:57:43 PST 2009
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Chinese wind power companies target foreign markets to profit from climate efforts
BEIJING - China's Goldwind Science & Technology Ltd. is one of the world's biggest makers of wind turbines
Minneapolis-St. Paul Star Tribune,
Sun Dec 06 09:38:41 PST 2009
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CIBC profit climbs as core businesses shine
Helped by lower provisions for loan losses and strong results in its core businesses, Canadian Imperial Bank of Commerce reported fourth quarter results ahead of analyst estimates. Canada's...
MalaysiaNews.net,
Sun Dec 06 11:34:46 PST 2009
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RBC profit rises, matches expectations
Royal Bank of Canada said on Friday that quarterly profit rose 10 percent as strong domestic banking offset losses in its big U.S. operations, but the results were not as impressive as riva...
Reuters via Yahoo! News,
Fri Dec 04 05:38:20 PST 2009
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Big Lots Q3 profit beats Street, ups Q4 view
Closeout retailer Big Lots Inc reported better-than-expected quarterly profit, as initial markups and lower freight costs boosted gross margins, and raised its outlook for the holiday fourt...
Reuters via Yahoo! News,
Fri Dec 04 05:34:57 PST 2009
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Chinese wind power companies target foreign markets to profit from climate efforts
BEIJING - China's Goldwind Science & Technology Ltd. is one of the world's biggest makers of wind turbines
MalaysiaNews.net,
Sun Dec 06 10:13:24 PST 2009
• Found on Yahoo! News