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Asian stocks, euro surge on EU bond support

2012-06-29 10:59:24 (читать в оригинале)

Asian stocks, euro surge on EU bond support

abercrombie and fitch sale As the dollar retreated on the back of the euro's sharp rebound, dollar-based oil, copper and gold also recovered.

Euro zone members agreed to emergency action to lower borrowing costs of Italy and Spain, saying euro area rescue funds could be used to stabilize bond markets without forcing countries that comply with EU budget rules, and to create a single supervisory body for the bloc's banks.

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news

2012-06-12 10:50:09 (читать в оригинале)

Headlines,news
Cabinet member takes leave

The White House says Commerce Secretary John Bryson will take a medical leave as he undergoes tests and evaluations after suffering a seizure in connection with two traffic accidents in the Los Angeles area.

White House spokesman Jay Carney said in a statement Monday that President Barack Obama's thoughts were with Bryson and his family. Deputy Secretary Rebecca Blank is now acting commerce secretary.

Medical records could determine whether Bryson will be charged in two weekend fender-benders that led to his hospitalization after police found him slumped behind the wheel of his vehicle in the Los Angeles suburbs.

It wasn't clear whether the medical episode preceded or followed a hit-and-run collision. Bryson had not had a seizure before, said a department official who spoke on condition of anonymity.

Bryson has a "limited recall of the events," the official said.

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Facebook IPO: Shareholders Continue To Sue Mark Zuckerberg For Allegedly Holding Back Over Nasdaq Debut

2012-06-06 09:44:19 (читать в оригинале)

Facebook IPO: Shareholders Continue To Sue Mark Zuckerberg For Allegedly Holding Back Over Nasdaq Debut gucci accessories uk sale Suing Mark Zuckerberg is turning into a national pastime.
On June 1, three Facebook shareholders -- David Goldberg, Kevin Hyms and Garrett Garrison -- filed a class action suit against Zuckerberg and his company, social networking giant Facebook, according to court records. The suit accuses Zuckerberg, along with a gallery of Facebook executives and underwriters, of withholding key information from mom-and-pop investors about the true value of the company before its May 18 Nasdaq debut.
If this sounds like a familiar complaint, there's a good reason. The suit filed by Goldberg, Hyms and Garrison is at least the 13th to be brought against Facebook since the company went public.

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Burger King strikes deal to expand in Russia

2012-06-06 09:42:56 (читать в оригинале)

Burger King strikes deal to expand in Russia louis vuitton outlet The world's second largest hamburger chain said Tuesday it has reached a deal with its franchise operator in the country to open several hundred new locations in the next few years. There are currently 57 Burger King locations in Russia.
The deal continues the Miami-based chain's focus on expanding in emerging markets at a time when the fast food industry is becoming increasingly saturated in the United States. In the past year, 80 percent of Burger King's new openings have been in the region encompassing Europe, the Middle East and Africa.
Burger King Worldwide Holdings Inc. did not disclose the terms of its deal with Burger Rus, its Russian franchisee, and VTB Capital, a Russian investment bank. The company last year announced a similar expansion deal with a franchisee in Brazil.
Burger King, which has seen its market share in the U.S. decline in recent years, has been undergoing an overhaul since it was purchased and taken private by New York investment firm 3G Capital in late 2010.

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Judge considers delaying Chesapeake annual meeting

2012-06-06 09:41:44 (читать в оригинале)

Judge considers delaying Chesapeake annual meeting red bottom shoes OKLAHOMA CITY — A shareholders' group urged a federal judge Tuesday to postpone the annual meeting of the nation's second-largest natural gas producer until the company releases more information on the chief executive's compensation and loans he secured against his stake in company wells.
New York City-based attorney Matthew Houston told U.S. District Judge Vicki Miles-LaGrange that a shareholders' meeting scheduled for Friday should be put off to give Chesapeake Energy Corp. more time to provide shareholders with the information they need to determine whether the company's board of directors has been doing its job.
"They must be able to make an informed decision," Houston said. "The disclosure that has been given is inadequate."

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