* Values in Canada industry surveillance propose new rules for trade in bonds to address the concerns of investors brokerage that can inflate prices and hiding large Commission, the world of e-mail said. [ID: nBNG307035].* Creditors to finance Texas Tom Hicks Hicks Sports Group Company has declared in rebellion, a measure that could evict the club from Texas Rangers baseball and Dallas Stars in hockey franchise of its control, the Wall Street Journal says. [ID: nBNG74498].
* A group of General Growth Properties Inc. GGP.N bond have requested the administrator to sue the landlord for payment of their overdue bonuses Mall, the Wall Street Journal reported on its website. [ID: nN13392097].
* Serious contenders to replace Sandy Crombie as chief executive of Standard Life Plc (SL.L) are emerging after a first list containing the names began to circulate in the financial circle in London, the Times said.
* Chrysler creditors plan to make a counteroffer to the U.S. Treasury this week, which may be required to equal a Chrysler with a combination of a potential partner of Fiat SpA (FIA.MI) in exchange for concessions The Wall Street Journal reported, citing people familiar with the matter. [ID: nN13396587].
* In Japan Sumitomo Metal Industries Ltd (5405.T) is in talk with India Bhushan Steel (BSSL.BO) in building an integrated steel plant in the state of West Bengal, India, economic journal Nikkei reported. [ID: nT72704].
* A proposed takeover of eBay Inc. (eBay) Skype led by private equity, including Warburg Pincus [WP.UL] and Kohlberg Kravis Robert [KKR.UL], and the telephone company to co-Web founders is unlikely to be completed, the Wall Street Journal cited sources saying that in his blog.
State revenue falls short of projections
The reports deal with the animal Wednesday deadline for the submission of income tax, perhaps at the time of the most important week of the national income - if more than one billion U.S. dollars a day does not flow into state coffers. "These figures underline the fact that we have done through our major economic downturn in years," said HD Palmer, California Department of Finance spokesman. The agency reported on Monday that the country's $ 415 million in revenue, which is lower than forecast in the budget in mid-February. For the year, has a budget of $ 737 million to finance the department. These assessments report on the heels of Friday, state Controller John Chiang found that the $ 178 million in revenue per month.
If not, there almost certainly will be further cuts in state spending. Under current worst-case scenarios, including the omission of three budget-related measures on the ballot for 19 May special election, the legislature may look at the $ 14 billion budget deficit. Legislators are meeting to draw up plans, said the Assembly woman Noreen Evans, D-Santa Rosa, President of the Assembly Budget Committee. "We have to look at things such as closing parks and schools," said Evans. "I think there is a lack of understanding of how big this crisis is, and what these cuts would look like."
The reports deal with the animal Wednesday deadline for the submission of income tax, perhaps at the time of the most important week of the national income - if more than one billion U.S. dollars a day does not flow into state coffers. "These figures underline the fact that we have done through our major economic downturn in years," said HD Palmer, California Department of Finance spokesman. The agency reported on Monday that the country's $ 415 million in revenue, which is lower than forecast in the budget in mid-February. For the year, has a budget of $ 737 million to finance the department. These assessments report on the heels of Friday, state Controller John Chiang found that the $ 178 million in revenue per month.
If not, there almost certainly will be further cuts in state spending. Under current worst-case scenarios, including the omission of three budget-related measures on the ballot for 19 May special election, the legislature may look at the $ 14 billion budget deficit. Legislators are meeting to draw up plans, said the Assembly woman Noreen Evans, D-Santa Rosa, President of the Assembly Budget Committee. "We have to look at things such as closing parks and schools," said Evans. "I think there is a lack of understanding of how big this crisis is, and what these cuts would look like."
No comments:
Post a Comment