Spain May Re-Capitalize Bankia Without EU Money
Spain is considering pumping its own money into Bankia group to re-capitalize the country’s biggest nationalized lender rather than use the emergency portion of a 100 billion-euro ($125 billion) bailout from the European Union, two people with direct knowledge of the matter said.
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Caterpillar Cautions on 2017 as It Cuts Sales Forecast
00:19 - Caterpillar's third-quarter results saw the company cutting its sales forecast for a fourth time as low commodity prices impacted orders from miners and builders. Bloomberg Intelligence's Karen Ubelhart reports on "Bloomberg Daybreak: Americas." (Source: Bloomberg)