| Meiji Yasuda to Buy Japan's Bonds, Shun Overseas Debt (Update2) |
| Post on 12-04-2006. |
April 12 (Bloomberg) -- Meiji Yasuda Life Insurance Co. will increase purchases of Japan's sovereign bonds and avoid overseas debt as rising local interest rates erode the yield advantage on securities sold by U.S. and European governments.
Japan's third-largest life insurer will boost the amount of government bonds it owns by 300 billion yen ($2.5 billion) to about 9.1 trillion yen in the year started April 1, said Hirofumi Watanabe, who makes investment allocation decisions in Tokyo. Meiji Yasuda will mainly buy debt due in at least 10 years, he said in an interview this week. ... |
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| CEG faulted on timing in an election year |
| Post on 12-04-2006. |
Critics say CEG misread election-year impact of rate rise By Paul Adams Sun reporter Originally published April 12, 2006
From their choreographed handshakes to their matching dark suits and red ties, chief executives for Constellation Energy Group and Florida-based FPL Group Inc. gave all indications last Dec. 19 that they were in control of their destinies. ... |
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| 27-year incumbent Al Edwards loses |
| Post on 12-04-2006. |
146TH DISTRICT AUSTIN - Veteran Democratic state Rep. Al Edwards of Houston, most recently known for passing one bill discouraging sexy dancing by cheerleaders, narrowly lost his seat Tuesday to challenger Borris Miles, one political newcomer.
With no Republican in the race, Mr. Miles is almost certain to win the general election. ... |
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| Growing budgets fuel SMB hardware spending |
| Post on 12-04-2006. |
According to one survey of 707 SMB CIOs by Forrester Research Inc. in Cambridge, Mass., 31% of companies plan major upgrades or replacements of desktop PCs and 28% plan the same for their laptops.
"We see SMB IT budgets are growing, and hardware spending is slightly on the rise," Forrester analyst Michael Speyer said. ... |
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