Budapest shares TFN at a glance outlook
CNBC - The family has holdings in 40 exchanges worldwide (Napi Gazdasag) -Bill proposing changes in the tax law expected in the first half of the year, Finance Minister Janos Veres told a meeting of socialist mayors. (Nepszava) edward.krudy@thomson

Market Turmoil Felt in Central Europe
Newsday - WARSAW, Poland - It took years for Andrzej Solyga to muster the courage to invest in mutual funds. But in June 2007, at the urging of a friend, the Polish sculptor invested 200,000 zlotys ($82,000) in a fund that had been earning rich returns of 50

Mutual funds called job 1
Baltimore Sun - The company recently strengthened its balance sheet by selling $1.25 billion in senior notes to private equity firm Kohlberg Kravis Roberts & Co. and plans to use some of the proceeds to finance an acquisition. “It’s good that [Fetting] didn’t go

Albidon states intercepts main ore zone at Munali two months ahead of
CNBC - The mining company stated it has secured a further 20 mln usd financing from Barclays Capital on the same terms as their initial debt finance. The company stated it expects costs through to positive cash flow for the Munali Project to be 124 mln usd

McCain, Romney replay feud in California debate
Philadelphia Inquirer - views “outside the mainstream of conservative Republican thought.” Romney criticized numerous pieces of legislation that McCain has introduced in the Senate, most with Democratic cosponsors, on such topics as illegal immigration, campaign finance, and

Indonesian govt to lift div income from state cos to 31 trln rupiah
CNBC - The Indonesian government has decided to increase the amount of dividends it is paid by state-owned companies this year to a minimum of 31 trillion rupiah from 23 trillion rupiah to cover an expected widening of its budget deficit, Finance Minister

Thomson Financial UK at a glance share guide
CNBC - Pilat Media Global (chief exec and finance director purchase a total of 68,153 shares) Telegraph QUESTOR: F&C Asset Management (hold), PartyGaming (risky buy) Independent THE INVESTMENT COLUMN: Begbies Traynor Group (hold), Oakdene Homes (avoid

Nomura Profit Falls as Banking Fees Slump, Costs Rise (Update4)
Bloomberg - Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology Jan. 31 (Bloomberg) — Nomura Holdings Inc., Japan’s largest securities firm, stated third-quarter profit dropped 71

Hearty Italians for your game-watching get-together
Miami Herald - Business Monday | National | International | Personal Finance | Technology | Small Business | Friday Business Report Food | Health | Home It’s appropriate that the new Italian wines are arriving just in time for Super Bowl parties. Red-blooded Americans want

Cell Therapeutics to grow sales staff amid overall cuts
Seattle Times - The big downgrade would threaten a broad swath of the world’s finance industry, S&P stated, ranging from Wall Street’s trading desks to regional banks to local credit unions. Ratings from agencies like S&P play a vital role in how much investments

Heated views clash on the cold streets
Detroit Free Press - While it’s not exactly a campaign, it’s certainly not city business, I don’t think, and that’s the kind of thing city employees can’t be doing on the clock,” said Rich Robinson, executive director of the Michigan Campaign Finance Network, a watchdog

Assa Abloy purchases digital lock maker SimonsVoss
Forbes - The acquisition will have a ’somewhat diluting’ effect on earnings per share in 2008 and affect earnings per share ‘marginally positively’ in 2009, Assa Abloy stated, adding it will finance the deal through existing credit facilities. ‘The acquisition

Rebate alternative gets a lift in Senate
Baltimore Sun - The Senate economic package - which would offer lower rebates than the Home version but send them to many more Americans - won a 14-7 bipartisan nod in the Finance Committee. Three Republicans joined 11 Democrats in supporting the measure after Sen

Commerzbank bundles public finance business, merges Essen Hyp
Forbes - FRANKFURT (Thomson Financial) - Commerzbank AG said it is merging its Essen Hyp unit with its larger Eurohypo unit in order to bundle its public finance business and present a uniform market image. The merger will take effect retroactively from Jan 1

Aviva forms consortium with Woori Finance to enter South Korean market
CNBC - LONDON (Thomson Financial) - Aviva PLC said it will enter the South Korea life insurance market by forming a consortium with Woori Finance Holdings Co Ltd. The consortium in turn has entered into a definitive agreement with LIG Insurance Co Ltd and

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