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Cable set to swing higher
The US dollar is on its knees. The greenback has been weakening against a whole bunch of other currencies in recent weeks, thanks partly to the ongoing impact of the Federal Reserve’s quantitative easing programme.
Read more on Investors Chronicle
Barack Obama poll rating surges after Osama bin Laden shooting
President Obama’s rating among the US public has surged following the the killing of Osama bin Laden Related Stories Obama US poll rating surges after Osama bin Laden killing ‘Suicide aid’ nurse may avoid jail UK-funded aid ship docks in Misrata Gaddafi forces shell area near port Aid ship in Misrata bombing raid
Read more on Belfast Telegraph
NAB profit jumps to $2.4bn
NAB beats forecasts, raising its first half profit by 15.9 per cent, with the glitch that delayed customer payments having “no impact” on the result.
Read more on Adelaide Now
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Lacy Lakeview ex-city manager won’t face probe
Lacy Lakeview City Council on Tuesday narrowly voted down a motion to pursue a criminal investigation against former city manager Mike Nicoletti for credit card abuse.
Read more on Waco Tribune-Herald
Review: Canon Pixma MX360 printer offers fax, but few frills
Fax is nice on such a basic MFP, but pricey black ink makes the MX360 fit for only low-volume use.
Read more on Macworld
Bank of America Profit of 17 Cents a Share Falls Short of 26-Cent Estimate
Bank of America Corp. (BAC) , the largest U.S. lender by assets, reported its first profit in three quarters and settled more claims tied to faulty mortgages as an improving economy helped borrowers keep up with debts.
Read more on Bloomberg
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Maple Grove resident indicted in $10 million bank fraud conspiracy
A federal indictment unsealed March 9 in St. Paul charges 12 people who reside in Maple Grove, California and New York with orchestrating a $10 million bank fraud conspiracy that featured a network of bank employees and others, operating locally and nationally.
Read more on Maple Grove Press & News
Beware of callers seeking information about your credit card
The Better Business Bureau warns of a credit card scam in which scammers already have your credit card information, but need the card’s security code (the three-digit number located on the back of your credit card).Someone calls you claiming to be from your credit card company’s security and fraud department. The caller already has your credit card number by some form of identity theft, may …
Read more on The Western Star
Discover posts 1Q profit as payment habits improve
Discover Financial Services on Tuesday said higher card use and fewer unpaid customer balances helped it post better-than-expected first-quarter profit.
Read more on AP via Yahoo! Finance
Saudi ruler offers $36bn to stave off uprising amid warning oil price could double
The king of Saudi Arabia last night announced $36bn of benefits for his people in an attempt to stop unrest spreading to the world’s biggest oil exporter, as experts warned oil could hit $220 a barrel.
Read more on Daily Telegraph
Indie brewers still on a roll
Doom and gloom may still cloak the industry in many areas, but there are shards of light.
Read more on Publican
Genting posts record profit, revenue
KUALA LUMPUR, Wednesday 23 February 2011 (Bernama) — Genting Bhd’s pre-tax profit for the year ended Dec 31, 2010 rose 74 percent to a new high of RM4.394 billion compared with RM2.528 billion in the previous year.
Read more on Sin Chew Jit Poh
Mitsubishi UFJ nine-month profit more than doubles
Mitsubishi UFJ Financial Group Inc., Japan’s biggest bank, said Thursday its nine-month profit more than doubled as the costs of shouldering bad loans declined.
Read more on Seattle Times
Bank chief: Kabul Bank commits to collect loans
The governor of Afghanistan’s central bank says the embattled Kabul Bank is committed to collecting $540 million worth of loans it made, seeking to calm fresh concerns about the stability of the country’s largest lender.
Read more on AP via Yahoo! Asia News
Mitsubishi UFJ nine-month profit more than doubles
Mitsubishi UFJ Financial Group Inc., Japan’s biggest bank, said Thursday its nine-month profit more than doubled as the costs of shouldering bad loans declined.
Read more on San Diego Union-Tribune
New Irish government can’t renege on bailout deal – ECB
DUBLIN (Reuters) – A new Irish government will have to honour the country’s obligations under an 85 billion euro EU/IMF bailout deal agreed last year, ECB policymaker Lorenzo Bini Smaghi said in an …
Read more on Reuters Finance News (EU) via Yahoo! UK & Ireland Finance
Brighter times ahead for Vt. dairy?
Is Vermont’s dairy future looking up?
Read more on WCAX-TV Vermont
PKO Bank CEO Jagiello Sees Record 2011 Profit, No Plans to Boost Dividend
PKO Bank Polski SA will post record profit this year as the accelerating Polish economy helps cut provisions and increase interest income, said Zbigniew Jagiello , chief executive officer of Poland’s biggest bank.
Read more on Bloomberg
Wells Fargo quarterly profit rises 21%
Mortgage giant generated revenue of $21.5 billion in the final three months of 2010, down 5% from the prior year.
Read more on Market Watch
Wells Fargo 4Q Profit Rises 21% As Revenue Beats Views
Wells Fargo & Co.’s (WFC) fourth-quarter earnings rose 21% as the banking giant posted stronger-than-expected revenue amid $850 million being released from reserves due to improved portfolio performance.
Read more on FOX Business
Citigroup posts 4Q profit on fewer loan losses
Citigroup reports fourth-quarter profit of $1.3 billion as losses from loans decline
Read more on Bay News 9 Tampa Bay
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