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Archive for » April, 2006 «

Take a look at William Aldinger’s Household International from 1999 through 2002.

From March 9, 1999 — The Board of Directors of
Household International, Inc. (NYSE:HI) today authorized the
repurchase of up to $2 billion worth of the company’s outstanding
common shares. At current prices, this would represent over
10 percent of the company’s outstanding shares. Purchases will
occur in the open market, from time to time over the next 24
months, depending upon market conditions.

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London-based HSBC bank noted that success in 2005 was attributable to the escalating growth in the emerging credit card markets including India, Indonesia, Malaysia and the Philippines. It stated that over 2005 credit card spending in the Philippines grew at 82% while in India it grew by 62%. In terms of credit card receivables, the Philippines and India reported growth of 89% and 77% respectively.

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Pay day will be coming late for thousands of workers this month after computing problems at the world’s third-largest bank, HSBC.
Employees at 1,900 UK companies have been affected and will receive their money on Tuesday rather than Friday.

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(Buffalo News, The (NY) (KRT) Via Thomson Dialog NewsEdge) Apr. 26–No, HSBC isn’t running an airport. But it might start to look that way in New York City. In a first-of-its-kind arrangement in North America, HSBC Holdings Plc will put its name and advertisements on the interior and exterior of the 108 jetbridges at John F. Kennedy International Airport in Queens.

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Wednesday, April 26, 2006 - BOCA RATON — When thousands of dollars in high-end jewelry started disappearing from display cases in Saks Fifth Avenue, Vincent Ognibene was assigned to investigate. Ognibene, an asset protection detective at the store at the Town Center mall, monitored the daily inventory counts and reviewed surveillance tapes, but he never could catch the culprit. Then a luxury John Hardy bracelet went missing, and another store detective found it being auctioned on eBay.

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