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1050 ET 02July2009-Carnival offers London
listed shares, stock falls
Shares of Carnival Corp & Plc fell on Thursday, after the company said it was offering up to 25 million newly-issued common shares listed on the London Stock Exchange.
The cruise ship operator intends to use the proceeds from the offering to buy common stock of Carnival Corp, which is traded on the New York Stock Exchange, and for general corporate purposes.
For details, see
Shares of Carnival fell 3.4 percent to $25.40 on the New York Stock Exchange while peer company Royal Caribbean was off 4.6 percent to $13.59.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1040 ET 02July2009
MasterCard to prepay obligations under settlement
MasterCard Inc on Thursday agreed to prepay its obligations under a legal settlement with U.S. merchants. It will received a 16 percent discount.
The prepayment will be made on Sept. 30.
MasterCard will pay $335 million to settle obligations through 2012 totaling $400 million, the credit card company said on Thursday.
For details, see
Shares of MasterCard rose 0.5 percent to $166.58.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1037 ET 02July2009
Markets sink after jobs data
Major U.S. indexes dropped on Thursday, falling after payrolls data showed more Americans than expected lost their jobs in June, dimming hopes of a quick economic recovery.
Sentiment was also pressured as the price of crude oil fell.
For details, see
The Dow Jones industrial average fell 2 percent to 8,330.01 while the S&P 500 lost 2.2 percent to 903.51 and the Nasdaq was off 2.4 percent to 1,802.18.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1034 ET 02July2009
Coeur D'Alene lowers debt level by 37 pct in 2009
Silver miner Coeur D'Alene Mines on Thursday said it lowered its convertible debt by 37 percent, or $150 million, in the first half of 2009. The debt was lowered through a series of privately negotiated deals.
For details, see
Shares fell 4.5 percent to $12.36 on the New York Stock Exchange.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1026 ET 02July2009
Mortgage rates fall in latest week: Freddie Mac
Interest rates on U.S. 30-year fixed-rate mortgages dropped 0.10 percentage point in the latest week, a move that bodes well for the hard-hit U.S. housing market, according to a survey released on Thursday by home funding company Freddie Mac.
Interest rates on the 30-year fixed-rate mortgage averaged 5.32 percent, with an average 0.7 point, for the week ending July 2. That was down from the previous week's 5.42 percent, but significantly higher than the record low of 4.78 percent set the week ending April 2. Freddie Mac started the Primary Mortgage Market Survey in 1971.
'Lower mortgage rates are helping to support the housing market,' Frank Nothaft, Freddie Mac vice president and chief economist, said in a statement.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Real-time Equity news
For U.S. stock market report double-click
1050 ET 02July2009-Carnival offers London
listed shares, stock falls
Shares of Carnival Corp & Plc fell on Thursday, after the company said it was offering up to 25 million newly-issued common shares listed on the London Stock Exchange.
The cruise ship operator intends to use the proceeds from the offering to buy common stock of Carnival Corp, which is traded on the New York Stock Exchange, and for general corporate purposes.
For details, see
Shares of Carnival fell 3.4 percent to $25.40 on the New York Stock Exchange while peer company Royal Caribbean was off 4.6 percent to $13.59.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1040 ET 02July2009
MasterCard to prepay obligations under settlement
MasterCard Inc on Thursday agreed to prepay its obligations under a legal settlement with U.S. merchants. It will received a 16 percent discount.
The prepayment will be made on Sept. 30.
MasterCard will pay $335 million to settle obligations through 2012 totaling $400 million, the credit card company said on Thursday.
For details, see
Shares of MasterCard rose 0.5 percent to $166.58.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1037 ET 02July2009
Markets sink after jobs data
Major U.S. indexes dropped on Thursday, falling after payrolls data showed more Americans than expected lost their jobs in June, dimming hopes of a quick economic recovery.
Sentiment was also pressured as the price of crude oil fell.
For details, see
The Dow Jones industrial average fell 2 percent to 8,330.01 while the S&P 500 lost 2.2 percent to 903.51 and the Nasdaq was off 2.4 percent to 1,802.18.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1034 ET 02July2009
Coeur D'Alene lowers debt level by 37 pct in 2009
Silver miner Coeur D'Alene Mines on Thursday said it lowered its convertible debt by 37 percent, or $150 million, in the first half of 2009. The debt was lowered through a series of privately negotiated deals.
For details, see
Shares fell 4.5 percent to $12.36 on the New York Stock Exchange.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1026 ET 02July2009
Mortgage rates fall in latest week: Freddie Mac
Interest rates on U.S. 30-year fixed-rate mortgages dropped 0.10 percentage point in the latest week, a move that bodes well for the hard-hit U.S. housing market, according to a survey released on Thursday by home funding company Freddie Mac.
Interest rates on the 30-year fixed-rate mortgage averaged 5.32 percent, with an average 0.7 point, for the week ending July 2. That was down from the previous week's 5.42 percent, but significantly higher than the record low of 4.78 percent set the week ending April 2. Freddie Mac started the Primary Mortgage Market Survey in 1971.
'Lower mortgage rates are helping to support the housing market,' Frank Nothaft, Freddie Mac vice president and chief economist, said in a statement.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.