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Shell shocks with Woodside share sale

SHELL has sold down a big chunk of its 34 per cent stake in Woodside, ending speculation it would launch another bid for the company.

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Stock Markets |

Synthes acquires U.S. surgical tools maker Anspach

ZURICH, Nov 8 (Reuters) – Swiss medical device maker Synthes
Inc acquired privately owned U.S. surgical tools maker
The Anspach Effort, Inc, for an undisclosed purchase price, the
Swiss group said…

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Mergers and Acquisitions, Stock Markets |
 

Market Chatter — Corporate finance press digest

BANGALORE, Nov 8 (Reuters) – The following corporate
finance-related stories were reported by media on Monday:

Doughty Hanson to buy Vue in 450 mln pound deal-FT

LONDON, Nov 8 (Reuters) – Private equity firm Doughty
Hanson [DOUHA.UL] is set to buy Vue Entertainment [VUENT.UL],
Britain’s third-biggest cinema chain, in a deal valuing the
business at about 450…

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Private Equity Trading, Stock Markets, Stock Markets By Sector |
 

Orica on the hunt for acquisitions

ORICA today forecast 2010-11 profit to rise as trading conditions continue to improve and says it is assessing acquisition opportunities.

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Stock Markets |

Chilean miner runs New York Marathon

<ul><li>Edison Pena, the so-called Running Miner who was among 33 Chilean miners who survived being trapped underground for 69 days, ran the New York Marathon Sunday.</li><li>Wearing a brace on his left knee, Pena finished the 2…

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

BP report finds Alaska pipelines in decay

<ul><li>Severe corrosion is rotting BP’s pipelines in Alaska, an internal company report says.</li><li>The document, obtained by ProPublica, shows that as of Oct. 1, at least 148 BP pipelines on the Arctic North Slope got an &qu…

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

StanChart: 98.5 percent take-up for $5.3 billion cashcall

LONDON (Reuters) – Standard Chartered said investors representing 98.5 percent of its shares signed up for its $5.3 billion rights issue, which will boost the Asia-focused bank’s capital ahead of…

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Finance, Stock Markets |

Stocks being buoyed by investor … pessimism?

If you’re already confused about what drives the stock market, try mulling this one over: The major indexes have climbed back to their spring highs, while we’ve grown more pessimistic.

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Public Interest, Stock Markets, Stock Trading, World |

Amazon to buy Diapers.com parent company: report

SAN FRANCISCO (Reuters) – Amazon.com Inc is expected to buy the parent company of Diapers.com for $540 million to $545 million, according to media reports.

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Finance, Internet, Stock Markets, Technology |

UDPATE 1-Amazon to buy Diapers.com parent company – report

SAN FRANCISCO, Nov 7 (Reuters) – Amazon.com Inc
is expected to buy the parent company of Diapers.com for $540
million to $545 million, according to media reports.

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Mergers and Acquisitions, Stock Markets |

More Discord Before Next G20 Meeting

Leading to next week’s G20 leaders in Seoul, the Asia-Pacific Economic Cooperation (APEC) finance ministers held their own conference in Kyoto, where they largely repeated the same statement as released couple of weeks ago in Gyeongju….

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

Insider Weekends – November 05, 2010

Welcome to edition twenty two of Insider Weekends. Insider buying increased significantly last week with insiders purchasing $32.8 million of their stock when compared to $3.42 million in the week prior. Selling also increased with insiders selling $3….

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

Parks Canada and Canadian Pacific celebrate Canadian unity on the 125th anniversary of the driving of the last spike

Parks Canada and Canadian Pacific celebrate Canadian unity on the 125th anniversary of the driving of the last spike[More...]

[ More ] November 7th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

Equinox Q3-10 Results Generate Operating Profit of $166.4 million and Operating Cash Flow of $112.9 million

Equinox Q3-10 Results Generate Operating Profit of $166.4 million and Operating Cash Flow of $112.9 million[More...]

[ More ] November 7th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |
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