REGULATION D 504 & 506 PPM DEBT AND EQUITY OFFERING FOR TEMPLATES

Asia Stocks to Watch: Shanghai denies easing housing curbs

scgadmin — Thu, 23 Feb 2012 08:14:40 +0000

Shanghai officials deny reports that the city is easing restrictions on home purchases, though a fresh report surfaces about loosening housing rules elsewhere in China.

Telstra lodges undertaking with ACCC for NBN deal

scgadmin — Thu, 23 Feb 2012 08:14:38 +0000

MELBOURNE -(MarketWatch)- Australian telecommunications giant Telstra Corp. TLS.AU said Thursday it has lodged a revised Structural Separation Undertaking with the competition regulator. The undertaking is a key part of an 11 billion Australian dollar (US$11.7 billion) agreement between Telstra and NBN Co., the government owned company rolling out Australia’s A$36 billion high speed internet network, and requires approval from the Australian Competition and Consumer Commission.

Deutsche Telekom sees profit down further in 2012

scgadmin — Thu, 23 Feb 2012 08:14:36 +0000

BONN, Germany (MarketWatch) — Deutsche Telekom AG (DTE.XE) said Thursday it expects operating profit to drop further this year after reporting more customer losses in the U.S. and as the tough economy in many parts of Europe continues to hurt the German telecom giant’s business.

RBS loss widens; investment bank profit down

scgadmin — Thu, 23 Feb 2012 08:14:31 +0000

LONDON (MarketWatch) — Royal Bank of Scotland Group PLC (RBS) said Thursday that it slumped to a 2011 full-year net loss of nearly GBP2 billion as the euro-zone crisis continued to weigh on its investment banking division and Greek debt write-downs hurt the U.K. bank’s bottom line.

Argentina import crackdown targets services

scgadmin — Thu, 23 Feb 2012 01:58:27 +0000

BUENOS AIRES (MarketWatch) — Argentina will require residents to get government approval before offering or paying for offshore services that cost $100,000 or more, according to a resolution published Wednesday in the Official Bulletin.

Australian mortgage standards remain high: RBA

scgadmin — Thu, 23 Feb 2012 01:58:24 +0000

SYDNEY (MarketWatch) — Mortgage lending standards in Australia are currently high, but vigilance must be maintained at all times, Luci Ellis, head of financial stability at the Reserve Bank of Australia said Thursday.

France Telecom sees tough ’12, OKs midterm targets

scgadmin — Wed, 22 Feb 2012 17:37:15 +0000

– Says future dividend payout will be aligned with operating cash flow generation — Targets EUR8 billion operational cash flow in 2012 — Confirms medium-term targets (Updates with detail, background, comment, new share price.) France Telecom FTE.FR Wednesday posted a drop in its net profit for 2011 and said it will be forced to lower its dividend this year to reflect rising competitive pressures, more stringent regulations and higher taxes.

Partner Communications net off; may book charge

scgadmin — Wed, 22 Feb 2012 17:37:12 +0000

Partner Communications Co. PTNR warned it may take a fourth-quarter impairment charge on its fixed-line assets as it reviews current Internet-service-provider market conditions. The Israeli mobile-communications operator had said in November it was preparing for the changes in the telecommunication market and would adjust its work force to an appropriate level, though it didn’t provide further details at the time.

T-Mobile asks FCC to block Verizon deal

scgadmin — Wed, 22 Feb 2012 17:37:09 +0000

BOSTON (MarketWatch) — Deutsche Telekom AG’s T-Mobile USA unit has asked the Federal Communications Commission to block Verizon’s plan to buy certain wireless-spectrum assets from Comcast Corp. , Time Warner Cable Inc. , Bright House Networks, and Cox Communications, the Associated Press reported Wednesday. Additional spectrum would give Verizon the ability to raise download speeds for such high-data devices as laptops and smartphones. Last month, T-Mobile told regulators that it needs additional spectrum in order to compete with other wireless providers. In December, AT&T dropped its planned bid to acquire T-Mobile after facing months of opposition from the U.S. Justice Department over anti-trust concerns.

Fitch lowers Wynn outlook to stable

scgadmin — Wed, 22 Feb 2012 17:37:07 +0000

Fitch Ratings lowered its outlook on Wynn Resorts Ltd. WYNN to stable from positive, the second ratings firm this week to revise its stance on the casino giant. Like fellow credit rater Standard & Poor’s Ratings Services, Fitch pointed to a dispute between Wynn and Japanese gambling tycoon Kazuo Okada as cause for its reduced outlook.