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Daily Archives: February 15, 2008

UBS (UBS) May Face $18 Billion More In Write-Downs This Year

Posted: February 15, 2008 at 6:07 am

An analysis out of Citigroup says that UBS (UBS) could be forced to write-down $18 billion more of its $80 billion in exposure to subprime instruments and other debt which ...
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Sony’s (SNE) PlayStation 3 Becomes A Winner

Posted: February 15, 2008 at 5:57 am

After month upon month of being bested by the Nintendo Wii and Microsoft (NASDAQ: MSFT), the Sony (NYSE: SNE) PS3 is emerging from the shadows. Sales of video games rose ...
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New Advice To Banks On LBOs: Take The Money And Run

Posted: February 15, 2008 at 5:50 am

Legal experts are beginning to advise their banking clients to take the hit on LBO break-up fees and walk away from their loan commitments. It is cheaper, they reason, to ...
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Media Digest 2/152008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: February 15, 2008 at 4:13 am

According to Reuters, Citigroup says UBS (UBS) may face another $18 billion in write-downs this year.Reuters writes that Alan Greenspan says the US is on the edge of recession.Reuters writes ...
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Asia Markets 2/15/2008 (CHU)

Posted: February 15, 2008 at 3:54 am

Markets in Asia were mixed.The Nikkei fell a fraction to 13,623. The Hang Seng was up .5% to 24,146. China Unicom (CHU) was up 2.8% to 19.44The Shanghai Composite fell ...
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