The stock was one of the top percentage gainers on Nasdaq
June 16, 2010 by admin
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The stock was one of the top percentage gainers on Nasdaq.(Reporting by Amitha Rajan; Editing by Mike Miller) Asian Markets. NEW YORK, June 19 (Reuters) – Freddie Mac (FRE.N) saidFriday it plans to sell $3.0 billion of reference bills onMonday. Stocks | Bonds The scheduled offerings are: — $1.0 billion of one-month bills due July 20, 2009 to besold Monday and settle Tuesday; — $1.0 billion of three-month bills due Sept. 21, 2009 tobe sold Monday and settle Tuesday; and — $1.0 billion of six-month bills due Dec 21 2009 to besold Monday and settle Tuesday The bills will be sold over the Internet in a Dutchauction. In such uniform price auctions, successful bidders payonly the price of the lowest accepted bid rather than theactual price as in a conventional multiple-price auction Bids will be accepted from authorized dealers from 8:00a.m (1200 GMT) until 9:45 a.m.
(Reporting by Caryn Trokie; Editing by James Dalgleish) Stocks Bonds. LJUBLJANA, June 19 (Reuters) – Slovenia gave stateguarantees worth 60 million euros ($83.5 million) to two localunits of Italian banks for loans to companies to help improvefinancial liquidity, the finance ministry said on Friday. France | Italy Banka Koper, a unit of Intesa Sanpaolo (ISP.MI), and theSlovenian unit of Unicredit Bank (CRDI.MI) were chosen from 14banks who participated in the first auction of state guaranteesfor bank loans to local firms. “We hope that credit activity will flow faster now, weexpect the credit crunch … to ease,” Finance Minister FranceKrizanic told reporters after the auction. He said the next auction, for guarantees worth 150 millioneuros, will be held on Wednesday. The government had said it would offer guarantees with atotal value of 1.2 billion euros for bank loans to companies ina scheme that was approved by the European Commission last week.
Krizanic said the state guarantees given on Friday were madefor loans with a value of 150 million euros, meaning the statewill guarantee 40 percent of those loans. Slovenia, which was the fastest growing euro zone memberover the past two years, has been badly hit by the global crisisand expects its economy to shrink by 4 percent this year. Economy Minister Matej Lahovnik said earlier this week poorliquidity was still stifling local economy although orders tocompanies have increased in the past two months. ($1=.7183 Euro) (Reporting by Manca Ulcar, writing by Marja Novak; Editingby Victoria Bryan) France Italy. PCCD collaborates withthe Governor’s office, state and local elected officials, victim serviceagencies, juvenile and criminal justice agencies, community-basedorganizations and others.To learn more about how the federal Recovery Act will benefit Pennsylvania,visit Tara Mead(717) 265-8470SOURCEPennsylvania Commission on Crime and DelinquencyTara Mead of PA Commission on Crime and Delinquency, +1-717-265-8470.