Archive for February, 2008

Pixelworks Announces Preliminary Results of Its Modified Dutch Auction Tender Offer

Friday, February 29th, 2008

TUALATIN, Ore - Pixelworks, Inc. (NASDAQ:PXLW), an innovative provider of powerful video and pixel processing technology, today announced the preliminary results of its “Modified Dutch Auction” tender offer for a portion of its outstanding 1.75% convertible subordinated debentures due 2024. The offer expired at 5:00 p.m., New York City time, on Thursday, February 28, 2008.
In […]

Italian left demands Liechstenstein tax fraud list ahead of vote

Friday, February 29th, 2008

Several left-wing Italian political parties have called for the
publication of the names of politicians implicated in the Liechtenstein
tax fraud scandal ahead of elections in April.

Germany - Liechtenstein tax battle escalates

Thursday, February 28th, 2008

Liechtenstein has called for compromise with EU nations amid a tax fraud probe focused on its banks but said German agents who uncovered the scam committed a crime.

Liechtenstein seeks ‘reasonable compromise’ in fraud row: PM

Thursday, February 28th, 2008

Liechtenstein Prime Minister Otmar Hasler vowed Thursday to work for a “reasonable compromise” with EU nations seeking more tax transparency amid a fraud row that has spread to several countries.

Noise over Northern Rock nationalisation

Thursday, February 28th, 2008

LONDON, UK - The confusion over the Northern Rock nationalisation has increased following a decision of leaving 40bn of the bank’s best mortgages in a private offshore trust, Granite. The Offshore firm Granite holds half of the bank’s best secured mortgages and it is not being nationalised as part of the rescue package. The government […]

Germany urges joint EU action on Liechtenstein and tax

Thursday, February 28th, 2008

Germany is rallying European Union nations to force Liechtenstein to adhere to the bloc’s tax rules, Finance Minister Peer Steinbrueck said in an interview on Thursday.

Repsol reports annual profits edge up to 3.188 billion euros

Thursday, February 28th, 2008

Spain’s top oil group, Repsol, reported on Thursday that net profits for
2007 rose by 2.0 percent to 3.188 billion euros (4.813 billion dollars),
despite the sharp rise of the euro.

ABN Amro reveals profit leap and 1.561-billion-euro subprime hit

Thursday, February 28th, 2008

Dutch bank ABN Amro reported a profits leap for 2007 on Thursday owing
to special factors and despite a writedown of 1.561 billion euros (2.36
billion dollars) on account of the US subprime home-loan crisis.

Commission Communication on Financial Stability - guide

Wednesday, February 27th, 2008

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.

Sovereign wealth funds and financial stability - guide

Wednesday, February 27th, 2008

Latest news, background information and web links about Economic and Monetary Affairs policies in the European Union.