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Wednesday, December 2, 2009

ABG Shipyard exits race for Great Offshore

ABG Shipyard Ltd has informed that ABG Shipyard Ltd (ABG) and Eleventh Land Developers Pvt. Ltd. (ELDPL) (a wholly owned subsidiary of ABG), on December 02, 2009, have announced the sale of 30,78,000 shares of Great Offshore Ltd. (being approximately 8.27% of current paid up shareholding of Great Offshore Ltd.) through a stock market sale ("Transaction"). Consequent to this Transaction, the cumulative shareholding of ABG and ELDPL in Great Offshore Ltd. is 571 shares.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Jun 11
18:00 Consumer Price Index ex Food & Energy (MoM) 3 0.1% 0.3% 0.2%
18:00 Building Permits (MoM) 1 -6.6% 2.2% -5.3% Revised from -4.1%
20:00 EIA Crude Oil Stocks Change 1 -3.644M 0.100M -4.304M
22:30 10-Year Note Auction 1 4.421% 4.342%
23:30 Monthly Budget Statement 2 $-316B $-325B $258B
Thursday, Jun 12
04:15 Electronic Card Retail Sales (YoY) 1 -0.3% -0.3%
04:15 Electronic Card Retail Sales (MoM) 1 0%
04:31 RICS Housing Price Balance 1 -3% -3%
06:30 Consumer Inflation Expectations 2 4.1%
11:30 Industrial Production (YoY) 1 -0.2% -0.7%
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