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Europe Day Ahead: RBS next in line for Libor fine?

Thursday, November 01, 2012 - 03:13

Nov. 1 - RBS is seen on track for a turnaround, but also for a Libor fine. Alcatel Lucent also reports, while Nokia hopes for a boost from releasing its Lumia 920 phone in the U.S.

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-- of the day ahead coming up but first a quick rundown of the headlines Thursday off the noon. Electoral healing Obama gets a boost -- station shows the economy adding jobs at its fastest pace in nine months. Exxon's profits hole but these expectations. On improving refinery margins. And a special report on Starbucks -- his investigation of the company's German and French accountant Sherron reports losses to the taxman. While posting healthy cash flows to investments. Looking ahead to Friday now and earnings the standout event of a relatively quiet day for them risks specifically. Royal Bank of Scotland. CEO Stephen Hester is on track to achieve his fight yet turnaround plan by its 2013 deadline. Chairman senate Thompson told Roy is two weeks ago that the state controlled bank is preparing for the government to stop selling it says. In the bank in two years Spain sometime that dramatically pulled out of its one point 65 billion pound deal to buy 316. RBS branches. More bad news could be on the way with -- obvious expected to be next in line to be hit with a fine for alleged libel manipulation. -- party chief market analyst James Hughes says he wants to see underlying strength from the results. What we don't want to say he's strong earnings on the bank of heavy heavy cost -- we want to see. Strong Manning's it because there is going to be an area in the company which is performing that that bit better -- was a little bit different had cost cutting. But it hostess at the financial position was. Was strong old getting stronger I never really dead then the on the times we wanna hear from RBS tomorrow as well we want to hit. The fact that. -- Qaeda might be some problems. A growing the company but when you dig down deep by the financial position is actually al-Qaeda and -- when he comes to these banks we want to see. Then -- a must come out you get -- -- these -- come out in Iran and you want to see them. To be deciding -- not worse than the one previously. Alcatel isn't also releasing results the telecoms equipment maker is planning to acts 5490. Jobs worldwide. With more than a quarter of the cuts coming in -- unions are planning to fight the plan. Creating a headache for Francois all loans government as it tries to tackle joblessness. And a thirteen year high. Nokia hoping to give it some often come back a boost when it releases its union 920 with windows ace in the US. AT&T says it'll be the only US carrier to -- and initially. Bridges releases its monthly FX majors pole tomorrow here's a quick look at the results of the latest of the last month's poll for reference. And finally Mexicans. Are preparing to mark the traditional Day of The Dead holiday tomorrow the festival combines -- And Mayan rituals with Catholic -- It has its roots in ancient beliefs that the departed who were -- each year to visit their loved ones. After CN -- warning -- that the day's significance is being lost by encroaching Halloween traditions. From the US. That's Soledad a Friday that some problems is religious.

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Europe Day Ahead: RBS next in line for Libor fine?

Thursday, November 01, 2012 - 03:13