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MF Global India Unit 'Unaffected' by Parent's Bankruptcy Filing
“The business in India is well-capitalized and robust.” MF Global controls 70 percent of the venture and Satyam Infoway Ltd. owns the remainder, according to MF Global Sify's website. The company has an authorized capital of $14.5 million, according to
Updated: 10/31/2011 11:51P
Crude, copper drop on EU worries, China data
Gold held steady, drawing support from the economic concerns. Spot gold edged up 0.2 percent to $1716.79 an ounce, after staging a monthly increase of 5.5 percent in October. US gold slipped 0.4 percent to $1718.70 an ounce. Three-month copper on the
Updated: 10/31/2011 11:51P
Asia Session: Markets Keenly Await The RBA's Decision
Yesterday's BOJ intervention sparked the initial round of dollar buying, followed by US broker MF Global filing for Chapter 11 bankruptcy protection due to its exposure to European debt, and then some unexpected comments by the Greek Prime Minister
Updated: 10/31/2011 11:49P
Greece Vote Spooks Rally, Chinese PMI Drops
60.4 previously and Bond dealer MF Global bankruptcy added to the selling which inspired fresh USD strength on safe haven demand. In US stocks, DJIA -276 points closing at 11955, S&P -31 points closing at 1253 and NASDAQ -52 points closing at 2684.
Updated: 10/31/2011 11:48P
Facing state takeover, Harrisburg officials talk
Harrisburg became one of the most-high profile cities to opt for the little-used Chapter 9 of the US bankruptcy code, notably used nearly 20 years ago by Orange County, California. Municipal bankruptcies are rare. But if Harrisburg is successful in
Updated: 10/31/2011 11:45P
EU debt sinks 1st U.S. firm, MF Global
MF Global Holdings Ltd., which Corzine has headed since early last year, filed for bankruptcy protection Monday. Concerns about the company's holdings of European debt caused business partners to pull back last week, leading to a severe cash crunch,
Updated: 10/31/2011 11:45P
Frank McCourt appears close to agreeing he'll sell Dodgers
AP By Bill Shaikin LOS ANGELES - After a two-year battle to keep the Dodgers through a bruising divorce and a bankruptcy filing, owner Frank McCourt appears close to agreement with Major League Baseball on a bankruptcy settlement in which he would
Updated: 10/31/2011 11:44P
Frank McCourt appears close to agreeing he'll sell Dodgers | The Republic
LOS ANGELES — After a two-year battle to keep the Dodgers through a bruising divorce and a bankruptcy filing, owner Frank McCourt appears close to agreement with Major League Baseball on a bankruptcy settlement in
Updated: 10/31/2011 11:43P
Carol's Tours meeting attracts crowd
Jennifer Rhodes of the Wisconsin Dept. of Justice Office of Crime Victim Services, presented information to victims who lost money in the closure of Carol's Tours
Updated: 10/31/2011 11:41P
Tuesday Papers: Big bets on European debt sink MF Global
Financial Times: MF Global became the largest US casualty of the eurozone crisis on Monday as it filed for bankruptcy protection after making big bets on the European sovereign debt market.
Updated: 10/31/2011 11:39P
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