Financial Markets

Wolseley Expands Use of Descartes Routing Solutions to North America

WATERLOO, Ontario, Dec. 1, 2008 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), a global on-demand software-as-a-service (SaaS) logistics solutions provider, announced that Wolseley's North America...

:Cencorp Company Announcement STOCK EXCHANGE RELEASE PUBLISHED BY SAVCOR G

CENCORP CORPORATION STOCK EXCHANGE RELEASE STOCK EXCHANGE RELEASE PUBLISHED BY SAVCOR GROUP LTD ON DECEMBER 1, 2008 Stock exchange release of Savcor Group Ltd Oy described in the attached annex 1 has come to the knowledge of...

UPDATE 1-Israel Discount Bank's profit falls, to cut more jobs

TEL AVIV, Dec 1 (Reuters) - Israel Discount Bank (DSCT.TA: ), the country's third-largest lender, said on Monday its third-quarter net profit fell as a weakening economy led to a rise in bad debt provisions. The bank also said...

Land of Leather receives potential bid approaches

The company's shares are now worth just 9p this morning, giving the firm a market capitalisation of £3.2m Land of Leather has been approached by several potential bidders who are interested in snapping up the company at what...

Aberdeen Asset Management profits boosted by acquisitions

Aberdeen Asset Management profits boosted by acquisitions Revenue from new acquisitions has helped investment group Aberdeen Asset Management post pre-tax profits up 1pc to £95m, despite heavy exposure to the property market....

Economic worries weigh on Asian markets

9 hrs ago

Asia Pacific stock markets opened the week’s trading broadly lower as economic worries deepened. Figures suggested China’s manufacturing output was shrinking and a big corporate bankruptcy in Japan’s property sector weakened...

Breathing Space For RBS Borrowers

9:04am UK, Monday December 01, 2008 Borrowers who fail to keep up with mortgage repayments will be given a six-month breathing space by the Royal Bank of Scotland. Royal Bank of Scotland is now effectively under state control...

UN team warns of hard landing for dollar

5 hrs ago

The current strength of the dollar is temporary and the US currency risks a hard landing in 2009, according to a team of United Nations economists who foresaw a year ago that a US downturn would bring the global economy to a...

VIEW-Fidelity manager bets on Aussie consumer

HONG KONG (Reuters) - Fidelity money manager Paul Taylor, whose Australian equities fund beat the market for the past half decade, is betting on the country's consumer stocks to outperform, even as the financial crisis hits its...

UPDATE 1-PKO to forgo dividend to boost takeover funds

TARNOW, Poland, Dec 1 (Reuters) - PKO BP will forgo a 2008 dividend as Poland studies a capital increase to boost the state-controlled lender's war-chest for potential takeovers, the country's treasury minister said on Monday.