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IMF Executive Board Initiates Selection Process For Next IMF Managing Director
Date 21/05/2011
The Dean of the Executive Board of the International Monetary Fund (IMF), Mr. Shakour Shaalan, made the following statement today:
“I am very pleased to announce that the Fund's Executive Board has adopted a procedure that allows the selection of the next Managing Director to take place in an open, merit-based, and transparent manner. There was broad support in the Executive Board for this procedure.”
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CBOE, C2, CFE, And CBSX Trading Schedule For Memorial Day Holiday
Date 20/05/2011
CBOE Holdings, Inc. (NASDAQ: CBOE) today announced the trading schedule for Chicago Board Options Exchange (CBOE), C2 Options Exchange (C2), CBOE Futures Exchange (CFE), and CBOE Stock Exchange (CBSX) in observance of the Memorial Day holiday.
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Green Mountain Coffee Roasters, Inc. To Join the NASDAQ-100 Index Beginning May 27, 2011
Date 20/05/2011
Green Mountain Coffee Roasters, Inc. (Nasdaq:GMCR) will become a component of the NASDAQ-100 Index® (Nasdaq:NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) and the NASDAQ-100 Ex-Tech Sector Index (Nasdaq:NDXX) prior to market open on Friday, May 27, 2011. Green Mountain Coffee Roasters, Inc. will replace Millicom International Cellular S.A. (Nasdaq:MICC).
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S&P To Assess The Credit Impact On Italian LRGs And Poste Italiane Of Its Outlook Change To Neg On Italy
Date 20/05/2011
Standard & Poor's Ratings Services revised its outlook on the Republic of Italy today to negative from stable, and affirmed its unsolicited 'A+/A-1+' credit ratings on the Italian sovereign (for further details about our sovereign action, see "Republic Of Italy Outlook Revised To Negative On Risk Of Persistent High Debt Ratio; 'A+/A-1+' Ratings Affirmed," published today on RatingsDirect on the Global Credit Portal).
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IMF Executive Board Approves An €26 Billion Extended Arrangement For Portugal
Date 20/05/2011
The Executive Board of the International Monetary Fund (IMF) today approved a three-year SDR 23.742 billion (about €26 billion) arrangement under the Extended Fund Facility for Portugal in support of the authorities’ economic adjustment and growth program. This front-loaded program makes SDR 5.6 billion (about €6.1 billion) immediately available to Portugal from the IMF. In 2011, total IMF financing will amount to about €12.6 billion and will be partnered with about €25.2 billion committed by the European Union.
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TMX Group Inc. Statement Regarding Maple Proposal
Date 20/05/2011
TMX Group Inc. responded today to the proposal provided by Maple Group Acquisition Corporation (“Maple”) on May 13, 2011. The TMX Group Board of Directors has considered Maple’s proposal and has determined, after consultation with its financial advisors and outside counsel, that for purposes of its merger agreement with London Stock Exchange Group plc (“LSEG”), the Maple proposal does not constitute a superior proposal nor could it reasonably be expected to result in a superior proposal.
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Component Changes Made To Dow Jones Germany Select Dividend 20 Index
Date 20/05/2011
Dow Jones Indexes, a leading global index provider, today announced that Gagfah S.A. (Germany, Real Estate, GFJ.XE) will be removed from the Dow Jones Germany Select Dividend 20 Index.
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SIFMA Market Close Recommendations For The US Memorial Day And UK Spring Bank Holidays
Date 20/05/2011
In observance of the US Memorial Day and UK Spring Bank Holidays, SIFMA made holiday recommendations for the U.S., the U.K., and Japan.
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Statement From The London Metal Exchange Annual General Meeting
Date 20/05/2011
The Annual General Meeting of LME Holdings Limited took place at the London Metal Exchange today and all resolutions were passed. These included a resolution to approve a final dividend of 35p per ordinary share to all ordinary shareholders on the register of members at the close of business on 28th April 2011. This is due to be paid on Monday 20th June 2011.
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U.S. Treasury Department Statement Regarding Leadership Of The International Monetary Fund
Date 20/05/2011
Today, the U.S. Department of the Treasury issued the following statement from Secretary Tim Geithner regarding leadership succession at the International Monetary Fund (IMF).
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