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  • Standard & Poor’s Announces Changes To The S&P Global 100 Index

    Date 14/07/2008

    Standard & Poor’s will make the following change in the S&P Global 100 Index effective after the close of trading on July 21, 2008. GDF Suez (France, SEDOL: B0C2CQ3, GICS Code: 55103010) will replace Suez (France, SEDOL: 7118047, GICS Code: 55103010) in the S&P Global 100, following the merger between Gaz de France and Suez. Shares in the merged entity, GDF Suez, are expected to begin trading on July 22 2008, subject to approval at shareholders meetings to be held on Jul

  • NYMEX To Change Margins for Sulfur Dioxide And Annual Nitrogen Oxide Emission Allowance Futures Contracts

    Date 14/07/2008

    The New York Mercantile Exchange, Inc. today announced margin changes for its sulfur dioxide and annual nitrogen oxide emission allowance futures contracts, beginning at the close of business on July 16.

  • Treatment Of The Merger Of Gaz De France And Suez In The S&P European Indices

    Date 14/07/2008

    Standard & Poor’s will make the following changes in the S&P Europe 350, S&P Euro Plus, S&P Euro and S&P United Kingdom indices, effective after the close of trading on Monday 21 July 2008: GDF Suez (France, SEDOL: B0C2CQ3, GICS: Utilities GICS Code: 55103010) will replace Suez (France, SEDOL: 7118047, GICS: Utilities, GICS Code: 55103010) in the S&P Europe 350, S&P Euro Plus and S&P Euro indices, following the merger between Gaz de France and Suez. Shares in the merged entity, GDF S

  • European High Yield Association Praises UK Shadow Chancellor’s Insolvency Reform Proposals - “Time For Insolvency To Reach Top Of Government’s Agenda”

    Date 14/07/2008

    The European High Yield Association (EHYA), an affiliate of the Securities Industry and Financial Markets Association (SIFMA), today praised the Insolvency Reform proposals issued by Shadow Chancellor George Osborne. The proposed reform would create a new fast track judicial process for distressed companies. This new formalised “rescue” framework closes a gap in the existing insolvency regime, which leaves company rescue to informal, ad hoc agreement among lenders and investors. The new framewor

  • SIFMA Comments On Treasury Action

    Date 14/07/2008

    The Securities Industry and Financial Markets Association (SIFMA) yesterday released the following statement by its president & CEO, Tim Ryan: "The bold action taken by Secretary Paulson should have a very positive impact on the mortgage and broader markets. This was an important step toward strengthening investor confidence."

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