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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Special Situation Coming Soon, a Look Inside AAPL, TSLA, GOOG and PCLN

Category : World News

NEW YORK, NY–(Marketwired – May 11, 2013) – Moments ago, Equity-Plays.com released another issue of its world-class newsletter in which it took time to review and explain some of the most talked about situations on wall street today.

Read the original here: Special Situation Coming Soon, a Look Inside AAPL, TSLA, GOOG and PCLN

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Before the Crowd, How We Found CTSH, MU, BA and VOD

Category : World News

NEW YORK, NY–(Marketwired – May 11, 2013) – Moments ago, Equity-Plays.com released another issue of its world-class newsletter in which it took time to review and explain some of the most talked about situations on wall street today.

Read more from the original source: Before the Crowd, How We Found CTSH, MU, BA and VOD

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EURO Ressources Reports Earnings for the Quarter Ended March 31, 2013

Category : World News

PARIS–(Marketwired – May 11, 2013) – EURO Ressources S.A. (“EURO” or the “Company”) (PARIS: EUR) today announced its unaudited interim financial results prepared in accordance with International Financial Reporting Standards (“IFRS”) for the quarter ended March 31, 2013. These unaudited financial results were approved by the Board of Directors on May 9, 2013. 

Go here to see the original: EURO Ressources Reports Earnings for the Quarter Ended March 31, 2013

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Special Situation Coming Soon, a Look Inside CVX, DELL, DD and MSFT

Category : Stocks

NEW YORK, NY–(Marketwired – May 11, 2013) – Moments ago, Equity-Plays.com released another issue of its world-class newsletter in which it took time to review and explain some of the most talked about situations on wall street today.

Originally posted here: Special Situation Coming Soon, a Look Inside CVX, DELL, DD and MSFT

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Did private equity hurt Hertz?

Category : Business, Stocks

Is Hertz better off today than it was seven years ago?

Read more from the original source: Did private equity hurt Hertz?

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Prevent MOT Failure With Simple Checks

Category : Stocks

Spend two minutes checking your vehicle before its MOT and increase its chances of success, says Quote Me Today

Originally posted here: Prevent MOT Failure With Simple Checks

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Goodman Completes 100,000 SQM of Leasing Transactions in Key Chinese Logistics Markets

Category : Stocks

HONG KONG–(Marketwired – May 10, 2013) –  Goodman Group (Goodman or Group), the global integrated property group which owns, develops and manages industrial space, today announced that it has signed over 100,000 sqm of new leases during the first four months of 2013 across its China portfolio, maintaining total occupancy at 96%.

Originally posted here: Goodman Completes 100,000 SQM of Leasing Transactions in Key Chinese Logistics Markets

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Pantera Global Technology Inks Partner Agreement With Project Insight

Category : World News

IRVINE, CA–(Marketwired – May 9, 2013) – Pantera Global Technology announced today the signing of an exclusive worldwide licensing agreement with Metafuse Inc. for the rights to its project management software, Project Insight, for the construction market.

Originally posted here: Pantera Global Technology Inks Partner Agreement With Project Insight

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Standard Chartered falls 5% after unveiling first quarter profit fall

Category : Business

Asia-focused bank hit by problems in Korea, rising bad debts and staff costs

Standard Chartered has disappointed investors with a drop in first quarter profits, making the Asia-focused bank the biggest faller in the leading index.

It said both commercial and wholesale banking operating profits were down by around 5% – “down by a mid single digit percentage” – hit by increased loan impairments after problems in Korea, an increase in bad debts, and rising costs after recruiting 560 staff in the quarter.

Its shares have dropped 91.5p to 1608.5p on the news, down 5.38%. But the bank said it had started the second quarter with April income back at the trend level and it remained comfortable with forecasts for the full year. Analysts were also positive. Ian Gordon at Investec said:

At first blush there are plenty of hooks for bears in this morning’s statement, which will likely trigger a sharp sell-off today. However, this requires implicit rejection of management’s reaffirmation of comfort with a 2013 consensus pretax profit forecast of $8.2bn (up 19% year on year). We are 1% below ($8.1bn). Weakness today should be seen as an opportunity.

Gary Greenwood at Shore Capital said:

Standard Chartered has issued a relatively downbeat first quarter trading statement in which it reports that group operating profit was “slightly down” for the period versus the prior year comparative. This was primarily owing to weak revenue performance with income only “slightly ahead” of the prior year comparative owing to margin pressure in trade finance and lower ALM (asset liability management) income. The prior year comparative was also strong, notably in principal finance. In our view, this reflects increased competition from foreign banks (notably French and Japanese) and the impact of ongoing monetary policy action, in our view, notably impacting on performance in March.

The outlook is more encouraging, with the company noting on the analysts’ conference call that growth in income and profit was back at “trend levels” in April (i.e. double-digit) and that management therefore remains comfortable with full year consensus (statutory) forecasts despite the weak first quarter performance.

We believe recent share price weakness associated with concerns around current trading should be used as an opportunity to pick up stock.

Overall the FTSE 100 has paused for breath after hitting a new five year high on Tuesday, edging up 0.60 points to 6557.90.

J Sainsbury has slipped 2.9p to 393.6p as investors decided to cash in after a 6.2% rise in full year profits.

Accountancy software specialist Sage has climbed 6.3p to 345.6p following a 6% profit increase.

A number of companies have seen their shares go ex-dividend including Antofagasta, down 50p at 939.5p.

Among the mid-caps, hedge fund group Man has fallen 4p to 121.5p after a 0.1% dip in its key AHL fund last week.

Before the Crowd, How We Found DD, DVN, AXP and S

Category : Stocks

NEW YORK, NY–(Marketwired – May 8, 2013) – Moments ago, Equity-Plays.com released another issue of its world-class newsletter in which it took time to review and explain some of the most talked about situations on wall street today.

More: Before the Crowd, How We Found DD, DVN, AXP and S

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