03/01/13 COMPREHENSIVE REAL-TIME NEWS FEED FOR FINANCIAL SERVICES.

• Duke Energy won't be repaid $10M in credit for DNC _{2013-03-01, 01:59 am}
  Duke Energy won’t be repaid the $10 million line of credit it guaranteed for Charlotte to host last year’s Democratic National Convention, the company confirmed Thursday.
• Boot up: BlackBerry PIN fears, iCloud's deletion?, Google's FTC gift and more _{2013-03-01, 01:30 am}
  Plus companies weigh in on FTC and SEPs, the judge offering advice for Samsung, and Note 2's copy/paste problem fixed - finally OTTAWA - The federal department charged with overseeing cyber-security has warned its workers to think twice before sending a BlackBerry message, suggesting that the device believed to be the most secure in the world is ... (more)
• Update 1-Russian govt proposes that BP Ceo Dudley join Rosneft board _{2013-03-01, 01:54 am}
  Russia has offered BP CEO Bob Dudley a seat on the board of directors of state-controlled oil company Rosneft, in which BP is soon to raise its stake, a decree signed by Prime Minister Dmitry Medvedev showed on Friday.
• Rugby: Injury rules Ferris out of Lions tour _{2013-03-01, 01:54 am}
  IRELAND flanker Stephen Ferris is likely to miss this year's British and Irish Lions' tour of Australia starting in June after his club Ulster said last night he would be out of action for another three months with the ankle injury that has wrecked his season.
• Asia Markets: China Stocks Sag After Data, But Japan Rises _{2013-03-01, 01:53 am}
  Stock markets in China and Australia traded lower Friday to start the new month on a downbeat note after a pair of lackluster Chinese manufacturing surveys, but Japanese shares managed to find some buyers.
• As Washington frets, markets take spending cuts in stride _{2013-03-01, 01:53 am}
  Broad spending cuts designed to slam most U.S. government programs with all the subtlety of a sledgehammer were set to begin taking effect on Friday, yet investors have so far barely batted an eyelash.
• Comdata Grows New Healthcare Vertical's Executive Leadership Team _{2013-03-01, 01:53 am}
  We are pleased to announce the expansion of Comdata Health's executive leadership team.
• Press Digest - Wall Street Journal - March 1 _{2013-03-01, 01:48 am}
  The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
• Australia shares slip 0.4 pct on profit-taking; cyclicals hit _{2013-03-01, 01:47 am}
  Australian shares closed 0.4 percent lower on Friday, dragged down by a sell-off in cyclical stocks as investors took profits from a recent rally.
• UPDATE 1-BoC HK extends yuan deposits to promote redback's rise _{2013-03-01, 01:44 am}
  Bank of China Hong Kong , the yuan clearing bank in Hong Kong, has offered yuan time deposit rates with tenors of up to three months to participant banks, in a move to broaden the banks' yuan investment channels.
• UPDATE 1-Market Chatter-Corporate finance press digest _{2013-03-01, 01:42 am}
  * Executives at large European banks said they were at risk of losing key traders and managers to the US and other international rivals after the European Union provisionally agreed on a 1:1 bonus-to-salary ratio, the Financial Times reported.
• RPS Group Rating Reiterated by Panmure Gordon _{2013-03-01, 01:38 am}
  's stock had its "hold" rating restated by equities researchers at Panmure Gordon in a report issued on Thursday.
• J.C. Penney's sales continue to lag _{2013-03-01, 01:35 am}
  J.C. Penney Chief Executive Officer Ron Johnson is facing mounting pressure after the first year of his turnaround plan resulted in the company's lowest annual sales in more than two decades.
• Nelson makes pitch for World Cup games _{2013-03-01, 01:31 am}
  IMPRESSED: Nelson City Council acting executive manager of community services, Roger Ball, left, with ICC events manager Chris Tetley and Nelson Cricket general manager Ed Shuttleworth during the ICC inspection visit to Saxton Oval yesterday.
• Citibank vows to boost local credit card business _{2013-03-01, 01:31 am}
  Citigroup Inc, the New York-based financial giant, will make development of its credit business a top priority in the Chinese market this year.
• Canadian stock market rises on strong bank earnings _{2013-03-01, 01:30 am}
  The Canadian stock market ended higher on Thursday as some of the country's largest financial institutions reported better-than-expected quarterly results.
• Paulson: Urbanization key to China's development _{2013-03-01, 01:30 am}
  Founder of the Paulson Institution Henry M. Paulson, Jr., who is also former U.S. Secretary of the Treasury and chief executive of Goldman Sachs, receieved an exculsive interview from the People's Daily, in which he shared his views about the challeges China faces in the process of urbanization.
• Aust shares finished 0.4% lower _{2013-03-01, 01:28 am}
  At the close on Friday, the benchmark S&P/ASX200 index was 18 points, or 0.35 per cent, lower at 5,086.1 while the broader All Ordinaries index was down 19.5 points, or 0.38 per cent, at 5,100.9. On the ASX 24, the March share price index futures contract was 10 points weaker at 5,075 with 26,006 contracts traded.
• Foreign land ownership limits in Wisconsin may cha... _{2013-03-01, 01:28 am}
  Wisconsin lawmakers are being asked to let foreigners own large amounts of land for the first time in 126 years.
• Rio Tinto Looks to Sell Canadian Ore Assets _{2013-03-01, 01:28 am}
  Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com Rio Tinto PLC has put up for sale its iron-ore operations in Canada, which could fetch more ...