Economics

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Barclays Amends Plan for Equity Stake Sale
The British banking giant bowed to protest over its equity stake sale by offering the same terms to institutional investors that it gave to its largest Middle Eastern shareholders.
Publ.Date: Wed, 19 Nov 2008 06:20:27 GMT
Source: NY Times

Breakingviews.com: Convertible Debt Is Hanging Heavy
Maturing convertible debt may push some companies into suitors? arms, and falling demand will hit Hewlett-Packard?s profits sooner or later.
Publ.Date: Wed, 19 Nov 2008 06:28:56 GMT
Source: NY Times

Rough Quarter for 2 Major Retailers
Saks said it lost more than expected in the third quarter amid job losses on Wall Street and stock market turmoil, while Home Depot said quarterly profit sank 31 percent on slow sales.
Publ.Date: Wed, 19 Nov 2008 06:16:56 GMT
Source: NY Times

Exchange Rate Hurts Profit at Medtronic
Medtronic, the medical device maker, said that legal expenses and declining foreign exchange rates weighed down its quarterly profit.
Publ.Date: Wed, 19 Nov 2008 06:21:20 GMT
Source: NY Times

Wal-Mart Gives Fresh Food to Help Combat Hunger
Wal-Mart Stores Inc. plans to give more than 90 million pounds of fresh food annually to the nation?s largest nonprofit organization addressing hunger, Feeding America.
Publ.Date: Wed, 19 Nov 2008 07:22:34 GMT
Source: NY Times

Dutch Insurer May Tap Fund
Aegon, the Dutch owner of the American insurer Transamerica, said it had signed up with the United States? financial rescue program but added it did not yet plan to ask for aid.
Publ.Date: Wed, 19 Nov 2008 06:30:57 GMT
Source: NY Times

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