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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, Apr 09
22:30 10-Year Note Auction 1 4.435% 4.310%
23:30 FOMC Minutes 3
Thursday, Apr 10
02:20 Fed's Hammack speech 2
03:00 Fed's Kashkari speech 2
04:31 RICS Housing Price Balance 1 2% 8% 11%
15:30 RBA Governor Bullock speech 3
18:00 Initial Jobless Claims 4-week average 1 223K
18:00 Initial Jobless Claims 2 223K 219K
18:00 Continuing Jobless Claims 1 1.880M 1.903M
18:00 Building Permits (MoM) 1 -0.8% -3.2%
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