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12:35a.m.

U.K. Inflation, German Economic Sentiment Due On Tuesday

PRAG (dpa-AFX) - U.K. consumer and producer prices and house prices, German economic confidence are some of the important economic data scheduled for release on Tuesday. At 4:30 am ET, U.K. Office for National Statistics will release its consumer prices and producer prices reports. Consumer prices are forecast to rise 1.5 percent year-over-year in August [...]
12:33a.m.

ConocoPhillips Hires Banks To Sell North Sea Oil Stake: FT

HOUSTON (dpa-AFX) - US-based energy firm ConocoPhillips (COP) has hired banks to sell its 24 percent stake in the Clair oilfield, the UK's largest oilfield, the Financial Times reported quoting people familiar with the matter. The stake is said to fetch between $2 billion and $3 billion. BP Plc. (BP, BP.L) has a 28.6 percent stake in the field, Royal Dutch [...]
12:08a.m.

Australian Dollar Rises After RBA Minutes

CANBERA (dpa-AFX) - The Australian dollar strengthened against most major currencies in the Asian session on Tuesday as the minutes of Reserve Bank of Australia's September meeting highlighted the risks posed by rising house prices. At the meeting, the RBA retained the cash rate at a record low 2.50 percent. The rate has been at the current level since [...]
12:01a.m.

Asian Markets Trade Weak

CANBERA (dpa-AFX) - Asian stock markets are trading lower on Tuesday, with investors treading cautiously ahead of the U.S. Federal Reserve's monetary policy statement due on Wednesday. The overnight lackluster session on Wall Street and lingering geopolitical worries also appear to be prompting investors to mostly stay on the sidelines. The Australian [...]
09/15/14

Sears Holdings Borrows $400 Mln Loan From Its CEO Edward Lampert's Hedge Fund

HOFFMAN ESTATES (dpa-AFX) - Department store chain Sears Holdings Corp. (SHLD) disclosed in a regulatory filing that it borrows a $400 million secured short-term loan from its Chief Executive Officer and Chairman Edward Lampert's hedge fund ESL Investments Inc. The company said it expects to use the proceeds of the Loan for general corporate purposes. [...]
09/15/14

Orange To Launch Offer To Buy Spain's Jazztel For About 3.4 Bln Euros In Cash

PARIS (dpa-AFX) - French telecom major Orange SA (ORAN), previously known as France Telecom, said Monday it will launch a friendly voluntary tender offer to acquire Spanish broadband provider Jazztel Plc (JAZTF) for 13 euros per share or about 3.4 billion euros or $4.3 billion in cash. The proposed deal will create the second largest fixed-line broadband [...]
09/15/14

Japanese Market Declines

TOKYO (dpa-AFX) - The Japanese stock market, reopening after an extended weekend, is trading lower on Tuesday, dragged down by a slightly stronger yen. Profit taking after recent gains and disappointing Chinese economic data released over the weekend are also contributing to the weakness in the market. The mood is cautious ahead of the U.S. Federal Reserve's [...]
09/15/14

dpa-AFX International ProFeed: Disclaimer

Stock Broker Recommendations of RTT News/dpa-AFX FRANKFURT (dpa-AFX) - All news items delivered by RTTNews/dpa-AFX are produced with the utmost journalistic care. News items concerning stock broker recommendations provided by third parties only summarize, or report parts of, these recommendations. News coverage provided by RTTNews/dpa-AFX does not [...]
09/15/14

dpa-AFX International Compact: Contact details

FRANKFURT (dpa-AFX)- Welcome to the newswire of dpa-AFX International Compact. You are able to reach the Editor-on-Duty via telephone at 0049-69-92022 425 All times referred to are provided in CEST or CET. Responsible for the news service under the Press laws of the Federal Republic of Germany: Dr. Heinz-Rudolf Othmerding Editorial: The Editorial [...]
09/15/14

dpa-AFX International ProFeed: Contact details

FRANKFURT (dpa-AFX)- Welcome to the newswire of dpa-AFX International ProFeed. You are able to reach the Editor-on-Duty via telephone at 0049-69-92022 425 All times referred to are provided in CEST or CET. Responsible for the news service under the Press laws of the Federal Republic of Germany: Dr. Heinz-Rudolf Othmerding Editorial: The Editorial [...]
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