April, 2009 | Refinancing

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Archive for April, 2009

TSX flat as oil drags it from 5-month high

April 30th, 2009

Reuters – TORONTO (Reuters) – Toronto’s main stock index was little changed on Thursday afternoon after earlier rising 1.6 percent to its highest level in more than five months.

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Chrysler files for bankruptcy, signs Fiat deal

April 30th, 2009

Reuters – DETROIT/WASHINGTON (Reuters) – Chrysler LLC — battered for the past two years by disappearing global auto sales and the credit crisis — filed for bankruptcy on Thursday and announced an industry-changing deal with Fiat after talks to restructure its debt broke down.

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EU rejects Russia proposal to replace Energy Charter: official

April 30th, 2009

AFP – MOSCOW (AFP) – The European Union is not prepared to replace its Energy Charter with an alternative set of principles for governing energy relations proposed recently by Russia, a top EU official said here Thursday.

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Chrysler’s CEO says he’ll leave after bankruptcy

April 30th, 2009

The Canadian Press –
DETROIT – Chrysler CEO Robert Nardelli says he will step down after the company emerges from bankruptcy protection.

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Canada mulls shift closer to U.S. accounting rules

April 30th, 2009

Reuters – TORONTO (Reuters) – Canada’s accounting watchdog unveiled proposals on Thursday to bring a problematic accounting rule more in line with U.S. and global standards and help companies deal with impaired assets.

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TSX turns negative as oil gives up gains

April 30th, 2009

Reuters – TORONTO (Reuters) – Toronto’s main stock index slipped into negative territory on Thursday afternoon as influential oil prices turned lower, pulling down the hefty energy group.

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Canada to take equity stake in new Chrysler

April 30th, 2009

Reuters – OTTAWA (Reuters) – The Canadian government will take a 2 percent equity stake in the new, restructured automaker Chrysler LLC [CBS.UL), Ottawa said in a joint statement with Washington on Thursday.

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Oil falls as Chrysler weighs on markets

April 30th, 2009

Reuters – NEW YORK (Reuters) – Oil fell on Thursday as rising inventories and Chrysler’s bankruptcy filing weighed on markets.

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Chrysler files for bankruptcy, signs Fiat deal

April 30th, 2009

DETROIT/WASHINGTON (Reuters) – Chrysler LLC — battered for the past two years by disappearing global auto sales and the credit crisis — filed for bankruptcy on Thursday and announced an industry-changing deal with Fiat after talks to restructure its debt broke down.

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Nasdaq up, but Chrysler hits Dow and S&P

April 30th, 2009

NEW YORK (Reuters) – The Nasdaq rose on Thursday while the Dow industrials and S&P 500 declined as upbeat corporate profits and reassuring job market data offset investors’ anxiety about Chrysler’s bankruptcy filing.

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