﻿<?xml version="1.0" encoding="utf-8"?><?xml-stylesheet type="text/xsl" href="/prwebFeeds.xsl"?><rss version="2.0"><channel><title>PRWeb.com Press Release Feed - PRWeb Press Release Account Feed</title><link>http://www.prweb.com</link><description>PRWeb.com Press Release Feed - Press Releases</description><language>en</language><managingEditor>xml@emediawire.com</managingEditor><webMaster>xml@emediawire.com</webMaster><lastBuildDate>Sat, 12 Mar 2011 17:20:38 GMT</lastBuildDate><ttl>30</ttl><item><title>Kmart-Sears Merge To Create Retail Giant</title><link>http://www.prweb.com/releases/2004/11/prweb179890.htm</link><pubDate>Fri, 19 Nov 2004 13:00:00 GMT</pubDate><description> <![CDATA[  <p>Sears, Roebuck &amp; Co., a U.S. department store operator, and discount retailer Kmart Holding Corp. agreed Wednesday to merge in a deal forming the U.S. third-largest retailer.</p><p>(PRWeb November 19, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/11/prweb179890.htm">http://www.prweb.com/releases/2004/11/prweb179890.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/11/prweb179890.htm</guid></item><item><title>Will Bush&#194;s reform of the retirement system crash the bond market?</title><link>http://www.prweb.com/releases/2004/11/prweb179885.htm</link><pubDate>Fri, 19 Nov 2004 08:00:00 GMT</pubDate><description> <![CDATA[  <p>George W. Bush recently announced his plan to overhaul the Social Security and Medicare systems. Like most industrial countries, US faces the huge gap that will soon open in the funding for its retirement system.</p><p>(PRWeb November 19, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/11/prweb179885.htm">http://www.prweb.com/releases/2004/11/prweb179885.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/11/prweb179885.htm</guid></item><item><title>Investment Banking Bonuses Decline as Revenue Falls</title><link>http://www.prweb.com/releases/2004/11/prweb177226.htm</link><pubDate>Fri, 12 Nov 2004 13:00:00 GMT</pubDate><description> <![CDATA[  <p>Europe investment banking bonuses will probably see no rise with the revenue impacted by rate hikes and stock trading slowdown, economists say.</p><p>(PRWeb November 12, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/11/prweb177226.htm">http://www.prweb.com/releases/2004/11/prweb177226.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/11/prweb177226.htm</guid></item><item><title>No Worry of the Housing Bubble - Shall We Trust Greenspan and the IMF</title><link>http://www.prweb.com/releases/2004/10/prweb170851.htm</link><pubDate>Sun, 24 Oct 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>The property market continues to be a pillar propping up the US economy considering the fact that the majority of homeowners have more wealth in their homes than in financial assets such as stocks and bonds.</p><p>(PRWeb October 24, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/10/prweb170851.htm">http://www.prweb.com/releases/2004/10/prweb170851.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/10/prweb170851.htm</guid></item><item><title>China Removes Some Obstacles From Investment Control</title><link>http://www.prweb.com/releases/2004/10/prweb168106.htm</link><pubDate>Sat, 16 Oct 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>China said it has an option to impose less control on foreign investment by local companies. It is also going to simplify application approval procedures for it.</p><p>(PRWeb October 16, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/10/prweb168106.htm">http://www.prweb.com/releases/2004/10/prweb168106.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/10/prweb168106.htm</guid></item><item><title>Finland On Top In Economic Competition</title><link>http://www.prweb.com/releases/2004/10/prweb168103.htm</link><pubDate>Sat, 16 Oct 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>According to the World Economic Forum&#194;s ranking, for the second straight year the most competitive economy is Finland&#194;s one.</p><p>(PRWeb October 16, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/10/prweb168103.htm">http://www.prweb.com/releases/2004/10/prweb168103.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/10/prweb168103.htm</guid></item><item><title>UK Pension Funds See Crisis - Report</title><link>http://www.prweb.com/releases/2004/10/prweb167326.htm</link><pubDate>Thu, 14 Oct 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>Tuesday&#194;s report is expected to show retirement savings to be reduced within prior estimations, analysts say.</p><p>(PRWeb October 14, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/10/prweb167326.htm">http://www.prweb.com/releases/2004/10/prweb167326.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/10/prweb167326.htm</guid></item><item><title>Lazard partners unanimous about IPO</title><link>http://www.prweb.com/releases/2004/10/prweb166208.htm</link><pubDate>Sun, 10 Oct 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>Bruce Wasserstein, the head of the world biggest bank Lazard, received the company partner&#194;s support to sell bank&#194;s shares on next year&#194;s initial public offering.</p><p>(PRWeb October 10, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/10/prweb166208.htm">http://www.prweb.com/releases/2004/10/prweb166208.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/10/prweb166208.htm</guid></item><item><title>Airbus row may lead to trade war between US and EU</title><link>http://www.prweb.com/releases/2004/10/prweb166207.htm</link><pubDate>Sun, 10 Oct 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>The U.S. strengthens its firm position on EU possible financing of Airbus. Specialists say the dispute may be both harmful for the U.S. and European Union.</p><p>(PRWeb October 10, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/10/prweb166207.htm">http://www.prweb.com/releases/2004/10/prweb166207.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/10/prweb166207.htm</guid></item><item><title>Top finance leaders met over weekend</title><link>http://www.prweb.com/releases/2004/10/prweb164511.htm</link><pubDate>Wed, 06 Oct 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>On Sunday, world finance officials met within the semi-annual IMF and World Bank meeting to discuss the world&#194;s top issues and find the ways to resolve.</p><p>(PRWeb October 06, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/10/prweb164511.htm">http://www.prweb.com/releases/2004/10/prweb164511.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/10/prweb164511.htm</guid></item><item><title>Fed lifted interest rate by 25 basis points</title><link>http://www.prweb.com/releases/2004/09/prweb160855.htm</link><pubDate>Fri, 24 Sep 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>On Tuesday, the U.S. Federal Reserve lifted its short-term interest rates by 25 basis points, showing the U.S. economy expands.</p><p>(PRWeb September 24, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/09/prweb160855.htm">http://www.prweb.com/releases/2004/09/prweb160855.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/09/prweb160855.htm</guid></item><item><title>YUKOS: bankruptcy evident?</title><link>http://www.prweb.com/releases/2004/09/prweb160851.htm</link><pubDate>Fri, 24 Sep 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>YUKOS, Russian biggest oil company, is now bewaring of its possible bankruptcy as its bank accounts frozen and it is unable to settle tax bill.</p><p>(PRWeb September 24, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/09/prweb160851.htm">http://www.prweb.com/releases/2004/09/prweb160851.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/09/prweb160851.htm</guid></item><item><title>Dollar rises, bonds fall. Traders expect Fed to lift rate</title><link>http://www.prweb.com/releases/2004/09/prweb160006.htm</link><pubDate>Wed, 22 Sep 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>On Tuesday, U.S. Federal Reserve is said to raise its short-term interest rates to 1.75% point from the previous record of 1.5%. This event will play first fiddle in further market functioning, analysts say.</p><p>(PRWeb September 22, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/09/prweb160006.htm">http://www.prweb.com/releases/2004/09/prweb160006.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/09/prweb160006.htm</guid></item><item><title>Ivan devastation hits U.S.</title><link>http://www.prweb.com/releases/2004/09/prweb159404.htm</link><pubDate>Sun, 19 Sep 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>Category 3 hurricane Ivan hit U.S. south-eastern coast on Thursday. The hurricane will strike people&#194;s lives and property with the killing impact on insurers, analysts say.</p><p>(PRWeb September 19, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/09/prweb159404.htm">http://www.prweb.com/releases/2004/09/prweb159404.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/09/prweb159404.htm</guid></item><item><title>Coca-Cola goes down, chairman smiles</title><link>http://www.prweb.com/releases/2004/09/prweb159028.htm</link><pubDate>Sat, 18 Sep 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>Coca-Cola, the world largest soft drink maker, said its trades in North America and Europe declined as wet weather plays first fiddle in the sales. Germany and France are its weakest points.</p><p>(PRWeb September 18, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/09/prweb159028.htm">http://www.prweb.com/releases/2004/09/prweb159028.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/09/prweb159028.htm</guid></item><item><title>HBOS has no option for Abbey</title><link>http://www.prweb.com/releases/2004/09/prweb158654.htm</link><pubDate>Fri, 17 Sep 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>HBOS, the UK No.4 bank, said it had no option to bid for Abbey National, the second-largest mortgage lender in Britain. Instead, takeover bid for Abbey is expected from Santander Central Hispano of Spain.</p><p>(PRWeb September 17, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/09/prweb158654.htm">http://www.prweb.com/releases/2004/09/prweb158654.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/09/prweb158654.htm</guid></item><item><title>Google&#194;s succeeds in market debut</title><link>http://www.prweb.com/releases/2004/08/prweb151306.htm</link><pubDate>Sun, 22 Aug 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>Shares of the No.1 Web engine Google rose 18 per cent in their stock market debut on Thursday having $1.67 billion IPO within 19.6 million shares sold.
The shares closed trade at $100.34, up $15.34 (or 18 percent). The company now is valued at $27.2 billion with founders&#39; stakes at $4.35 billion. Trade varied from $104.06 down to $95.96. </p><p>(PRWeb August 22, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/08/prweb151306.htm">http://www.prweb.com/releases/2004/08/prweb151306.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/08/prweb151306.htm</guid></item><item><title>Google&#194;s IPO delayed</title><link>http://www.prweb.com/releases/2004/08/prweb150675.htm</link><pubDate>Fri, 20 Aug 2004 07:00:00 GMT</pubDate><description> <![CDATA[  <p>U.S. Securities and Exchange Commission did not approve Google&#194;s request on pricing its initial public offering by Tuesday 4 p.m. This IPO could be the largest U.S. initial public offering of an Internet company.</p><p>(PRWeb August 20, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/08/prweb150675.htm">http://www.prweb.com/releases/2004/08/prweb150675.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/08/prweb150675.htm</guid></item><item><title>Google resolves Yahoo&#194;s shares case</title><link>http://www.prweb.com/releases/2004/08/prweb148524.htm</link><pubDate>Thu, 12 Aug 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>On Monday Google has agreed to hand Yahoo 2.7m of its shares equivalent to about 1 per cent of the company and worth about $330m based on the mid-point of its estimate of what the shares are worth to end the case.</p><p>(PRWeb August 12, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/08/prweb148524.htm">http://www.prweb.com/releases/2004/08/prweb148524.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/08/prweb148524.htm</guid></item><item><title>Oil prices remain high at $44</title><link>http://www.prweb.com/releases/2004/08/prweb148165.htm</link><pubDate>Wed, 11 Aug 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>U.S. oil prices remained not far off $44 a barrel. U.S. light crude fell 28 cents to $43.67 a barrel, a little over $1 shy of Friday&#39;s record of $44.77, the highest price since the New York Mercantile Exchange launched oil futures in 1983.</p><p>(PRWeb August 11, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/08/prweb148165.htm">http://www.prweb.com/releases/2004/08/prweb148165.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/08/prweb148165.htm</guid></item><item><title>Google will attempt to raise $3 billion in IPO next week</title><link>http://www.prweb.com/releases/2004/08/prweb147503.htm</link><pubDate>Sun, 08 Aug 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>Next week Google Inc. will attempt to raise $3 billion in its offering. As for this week a number of IPOs are either being delayed as U.S. stock markets continued to be hardly pressured by rising oil prices and concerns over corporate profits.</p><p>(PRWeb August 08, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/08/prweb147503.htm">http://www.prweb.com/releases/2004/08/prweb147503.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/08/prweb147503.htm</guid></item><item><title>Global Price War in Banking Sector has begun!</title><link>http://www.prweb.com/releases/2004/08/prweb146842.htm</link><pubDate>Fri, 06 Aug 2004 07:00:00 GMT</pubDate><description> <![CDATA[  <p>Sir John Bond, chairman of HSBC, warned on global price war in the banking sector as the world&#39;s largest banks use their growing surplus capital to undercut rivals. He estimated that over the next two years, the world&#39;s five largest banks would generate about $60bn of surplus capital, which could be used to launch a price war.</p><p>(PRWeb August 06, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/08/prweb146842.htm">http://www.prweb.com/releases/2004/08/prweb146842.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/08/prweb146842.htm</guid></item><item><title>Euro-zone economic tomorrow </title><link>http://www.prweb.com/releases/2004/07/prweb145042.htm</link><pubDate>Fri, 30 Jul 2004 12:00:00 GMT</pubDate><description> <![CDATA[  <p>On Tuesday the Organization for Economic Cooperation and Development announced that the European Central Bank should remain cutting interest rates if there is any evidence of weakening euro-zone economic growth. </p><p>(PRWeb July 30, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/07/prweb145042.htm">http://www.prweb.com/releases/2004/07/prweb145042.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/07/prweb145042.htm</guid></item><item><title>Foreign investments in U.S. government-papers shrieked for more than 25%.</title><link>http://www.prweb.com/releases/2004/07/prweb145005.htm</link><pubDate>Fri, 30 Jul 2004 07:00:00 GMT</pubDate><description> <![CDATA[  <p>In May foreign investors spent on U.S. government-papers $56, 4 billion (26% less than in April) - the lowest result in the last seven months.</p><p>(PRWeb July 30, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/07/prweb145005.htm">http://www.prweb.com/releases/2004/07/prweb145005.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/07/prweb145005.htm</guid></item><item><title>Abbey agrees on merger with Santander</title><link>http://www.prweb.com/releases/2004/07/prweb144684.htm</link><pubDate>Thu, 29 Jul 2004 07:00:00 GMT</pubDate><description> <![CDATA[  <p>On Monday Abbey of the UK and Spain&#39;s Santander Central Hispano agreed an &#194;&#163;8.5bn ($15.6bn) merger to create Europe&#39;s largest cross-border retail banking deal.</p><p>(PRWeb July 29, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/07/prweb144684.htm">http://www.prweb.com/releases/2004/07/prweb144684.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/07/prweb144684.htm</guid></item><item><title>U.S. Housing Bubble</title><link>http://www.prweb.com/releases/2004/07/prweb144670.htm</link><pubDate>Thu, 29 Jul 2004 07:00:00 GMT</pubDate><description> <![CDATA[  <p>According to the US National Association of Realtors, sales and prices of existing homes hit record highs in June </p><p>(PRWeb July 29, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/07/prweb144670.htm">http://www.prweb.com/releases/2004/07/prweb144670.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/07/prweb144670.htm</guid></item><item><title>US adjustable mortgages &#39;time bomb&#39;</title><link>http://www.prweb.com/releases/2004/07/prweb144354.htm</link><pubDate>Wed, 28 Jul 2004 07:00:00 GMT</pubDate><description> <![CDATA[  <p>Increasing numbers of US homebuyers are facing the challenge with financially stretched mortgages in the present state of hot housing market and higher interest rates.</p><p>(PRWeb July 28, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/07/prweb144354.htm">http://www.prweb.com/releases/2004/07/prweb144354.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/07/prweb144354.htm</guid></item><item><title>MPC freezes rates</title><link>http://www.prweb.com/releases/2004/07/prweb143781.htm</link><pubDate>Sun, 25 Jul 2004 07:00:00 GMT</pubDate><description> <![CDATA[  <p>According to the Bank of England&#39;s Monetary Policy Committee&#39;s July minutes, MPC&#194;s members voted unanimously against a third successive rate rise.</p><p>(PRWeb July 25, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/07/prweb143781.htm">http://www.prweb.com/releases/2004/07/prweb143781.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/07/prweb143781.htm</guid></item><item><title>Yukos may file for bankruptcy</title><link>http://www.prweb.com/releases/2004/07/prweb143536.htm</link><pubDate>Sat, 24 Jul 2004 07:00:00 GMT</pubDate><description> <![CDATA[  <p>OAO Yukos Oil Co., Russia&#39;s biggest oil exporter may file for bankruptcy unless the management board contrives to obtain extra funds to help settle a $3.4 billion tax bill. </p><p>(PRWeb July 24, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/07/prweb143536.htm">http://www.prweb.com/releases/2004/07/prweb143536.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/07/prweb143536.htm</guid></item><item><title>Yukos&#194; bad debts and high hopes</title><link>http://www.prweb.com/releases/2004/07/prweb143266.htm</link><pubDate>Fri, 23 Jul 2004 07:00:00 GMT</pubDate><description> <![CDATA[  <p>On Tuesday Russian authorities said on OAO Yukos that they plan to sell its main crude oil-production unit Yuganskneftegaz to pay its tax debt. The statement has raised fears among foreign investors (who hold an estimated 20 per cent of the holding company&#39;s shares) and left them wondering whether their investment was finally come to nothing.
</p><p>(PRWeb July 23, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/07/prweb143266.htm">http://www.prweb.com/releases/2004/07/prweb143266.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/07/prweb143266.htm</guid></item><item><title>Deutsche B&#195;&#182;rse aims at universal importance</title><link>http://www.prweb.com/releases/2004/07/prweb143168.htm</link><pubDate>Fri, 23 Jul 2004 07:00:00 GMT</pubDate><description> <![CDATA[  <p>Financial world saw a new sign of European bourses consolidation when Deutsche B&#195;&#182;rse announced it has &quot;invited&quot; the Swiss Stock Exchange to discuss what it called &quot;expanding our existing co-operation&quot;.</p><p>(PRWeb July 23, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/07/prweb143168.htm">http://www.prweb.com/releases/2004/07/prweb143168.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/07/prweb143168.htm</guid></item><item><title>Up or down: chip industry earnings</title><link>http://www.prweb.com/releases/2004/07/prweb142813.htm</link><pubDate>Thu, 22 Jul 2004 07:00:00 GMT</pubDate><description> <![CDATA[  <p>Four of the largest semiconductor companies -  issued their quarterly earnings this week &#194; it seems that industry heading into a downturn. Forecasts are, at the least, foggy. </p><p>(PRWeb July 22, 2004)</p><p>Read the full story at <a href="http://www.prweb.com/releases/2004/07/prweb142813.htm">http://www.prweb.com/releases/2004/07/prweb142813.htm</a></p>]]></description><guid isPermaLink="true">http://www.prweb.com/releases/2004/07/prweb142813.htm</guid></item></channel></rss>