Canada lets slip one reason for blocking BHP bid
OTTAWA/TORONTO (Reuters) – Canada’s farm minister offered one reason that Canada blocked the proposed takeover of Potash Corp on Thursday, but markets will have to wait a month for all the details to…
Wrong ASX decision will condemn us
THE Australian securities market risks being marginalised if the proposed $8.4 billion takeover of ASX by the SGX does not go through.
CBA boss takes swing at populism
A DEFIANT Ralph Norris has warned that "short-term populism" is damaging the country’s reputation among foreign investors.
Launch of Discovery delayed until Friday
<ul><li>Forecasters are predicting a 60 percent chance of "go" conditions for a Friday launch of shuttle Discovery after storms canceled its scheduled Thursday launch.</li><li>Mission managers called off Discovery’s la…
UPDATE 1-Fortress third-quarter earnings beat estimates
NEW YORK, Nov 5 (Reuters) – Fortress Investment Group
reported third-quarter earnings above analysts’
expectations on Friday, as a strong performance in its credit
products and hedge funds boosted…
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November 5th, 2010 | Comments Off | Posted in Business, Private Equity Trading, Stock Markets, Stock Markets By Sector |
Reverse Engineering.com’s 2011 Software Speeds Up Scanning Tasks on 64-bit Windows 7 Operating Systems
Reverse Engineering.com’s 2011 Software Speeds Up Scanning Tasks on 64-bit Windows 7 Operating Systems[More...]
Shares jump to seven-month high
STOCKS climbed more than 1 per cent to a seven-month high today as investors snapped up resources stocks amid higher metals prices.
CBA boss shrugs off rate rise backlash
RALPH Norris today said he was not running Commonwealth Bank to be popular, as he responded to stinging criticism of its latest rate hike.
Missing student’s body found after 9 years
<ul><li>The bones of a California college student were found after a man who has been a suspect for nine years identified her burial place, police said Thursday.</li><li>Christopher McAmis, 31, of Whittier has been charged with …
Berry Plastics Corporation Announces Tender Offers and Consent Solicitations for Certain of Its Outstanding Notes
Berry Plastics Corporation Announces Tender Offers and Consent Solicitations for Certain of Its Outstanding Notes[More...]
AMP resumes talks over $10 billion AXA-Asia Pacific bid
SYDNEY (Reuters) – Australian wealth manager AMP has resumed $10 billion-plus talks to buy AXA Asia Pacific, the target company confirmed on Friday, although a source said both sides were a long way…
Inflation, $A may cap rates, RBA flags
THE RBA today flagged that a surging Australian dollar and soft inflation outlook would likely keep interest rates on hold till 2011.
Australia’s Westfield institutional offer fully subscribed
SYDNEY, Nov 5 (Reuters) – Westfield , the world’s
biggest shopping mall landlord, said the institutional
component of a capital raising to fund a restructure had closed
fully subscribed, the company…
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November 5th, 2010 | Comments Off | Posted in Business, Mergers and Acquisitions, Stock Markets |
Xstrata faces rival for iron ore miner Sphere
SYDNEY (Reuters) – Mining giant Xstrata’s $522 million offer for Australia-listed iron ore prospector Sphere Minerals could be at risk after a Chinese investment group said on Friday it was…
Sandler O’Neill to sell about 40 pct stake: source
NEW YORK (Reuters) – Sandler O’Neill, an investment bank focused on financial services, is selling nearly a 40 percent stake worth close to $250 million to private equity firms Carlyle Group and…