(Reuters) - Treasury prices were little changed on Monday, keeping bond investors nervous as JGB prices have been showing strong correlation with Treasuries.
At the same time, expectations of buying from Japanese institutional investors underpinned sentiment for JGBs, traders said.
Read more at Reuters.com Bonds News
Monday, April 9, 2007
UPDATE 1-Witness in Black trial hammered on disclosures
(Reuters) - CHICAGO, April 9 - Defense lawyers at the fraud trial of former media baron Conrad Black and three others produced documents on Monday that a prosecution witness agreed showed payments at the heart of the case had been publicly disclosed.
Fred Creasey, the former comptroller who oversaw the finances for Black's media empire, said that company documents filed with the U.S. Securities and Exchange Commission did include millions of dollars in so-called non-compete payments to company executives.
Read more at Reuters.com Bonds News
Fred Creasey, the former comptroller who oversaw the finances for Black's media empire, said that company documents filed with the U.S. Securities and Exchange Commission did include millions of dollars in so-called non-compete payments to company executives.
Read more at Reuters.com Bonds News
Wolfowitz accepts responsibility for promotion
(Reuters) - The bank's staff association last week questioned Shaha Riza's promotion and pay increases, and the bank's board said on Friday they would look into whether the actions possibly violated the bank's staff rules.
Wolfowitz told the bank's staff in an e-mail that he would ensure the board has access to the facts in the case "in a manner that also respects the bank's rules concerning the right of every staff member to the confidentiality of his or her records."
Read more at Reuters.com Business News
Wolfowitz told the bank's staff in an e-mail that he would ensure the board has access to the facts in the case "in a manner that also respects the bank's rules concerning the right of every staff member to the confidentiality of his or her records."
Read more at Reuters.com Business News
UPDATE 1-Mexico's Walmex March same-store sales up 6.7 pct
(Reuters) - Same-store sales, which measure revenues only at stores open at least a year, rose 6.7 percent last month, compared with a 2.3 percent gain in March of 2006.
Walmex said on Monday that its same-store sales during the year's first quarter rose 5.9 percent compared with the same period a year ago.
Read more at Reuters.com Market News
Walmex said on Monday that its same-store sales during the year's first quarter rose 5.9 percent compared with the same period a year ago.
Read more at Reuters.com Market News
Mexico's Walmex March same-store sales up 6.7 pct
(Reuters) - Walmex said same-store sales during the year's first quarter rose 5.9 percent compared with the same period a year ago.
Read more at Reuters.com Market News
Read more at Reuters.com Market News
Orexigen sets IPO at 6 mln shares, $11-$13 each
(Reuters) - It is seeking a Nasdaq listing under the symbol "OREX" .
Read more at Reuters.com Government Filings News
Read more at Reuters.com Government Filings News
UPDATE 2-Dow Chemical denies buyout talk; shares slip
(Reuters) - NEW YORK, April 9 - Dow Chemical Co. , responding to a British newspaper report that a consortium was preparing a $50 billion bid for the company, said on Monday it has had no discussion about a leveraged buyout.
The statement sent Dow shares down 1.1 percent to $46.10 in after-hours trading, after they had risen 4.9 percent to $46.63 during trading on the New York Stock Exchange.
Read more at Reuters.com Mergers News
The statement sent Dow shares down 1.1 percent to $46.10 in after-hours trading, after they had risen 4.9 percent to $46.63 during trading on the New York Stock Exchange.
Read more at Reuters.com Mergers News
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