IPO News
UPDATE 2-Maguire agrees to sell California office property
Stock Buzz ) said on Tuesday it would sell Main Plaza, an office property in Orange County, California, to Shorenstein Properties LLC for about $211 million.
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FOREX-Dollar gains as Bernanke soothes financial markets
NEW YORK, July 8 (Reuters) - The dollar rebounded on Tuesday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank may keep an emergency lending facility open beyond the end of the...
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Toronto stock index drops 100 points on lower oil
TORONTO, July 8 (Reuters) - The Toronto Stock Exchange's main index opened down 100 points on Tuesday, extending the previous session's tumble, as falling oil prices weighed on the resource-laden m...
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UPDATE 1-FDA OKs Invitrogen genetic test for breast cancer
"When used with other clinical information and laboratory tests, this test can provide health care professionals with additional insight on treatment decisions for patients with breast cancer," Dr....
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Global merger & acquisition meltdown
The global market for mergers and acquisitions remained depressed during the first half of 2008. M&A volume dropped 36 percent to $1.6 trillion, compared with the record-breaking first half of 20...
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UK building society Skipton mulled B&B bid-report
"Skipton considered bidding for Bradford & Bingley," John Goodfellow, chief executive of Britain's sixth-biggest building society said in the article. He said B&B customers would have supp...
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FOREX-Risk averse investors sweep yen, Swiss franc higher
LONDON, July 8 (Reuters) - The low-yielding Japanese yen rose against the euro and dollar on Tuesday and the Swiss franc also benefitted broadly as global economic jitters hobbled world stock marke...
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UPDATE 3-Gold firms as equities slip, dollar eases
LONDON, July 8 (Reuters) - Gold climbed in Europe on Tuesday as the dollar softened, oil steadied and a slide in equities sparked buying of the metal as an alternative investment.
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Fiat to work with BMW on small car platform-report
Earlier on Tuesday, Fiat Chief Executive Officer Sergio Marchionne had told journalists the company would sign an industrial alliance on cars on Wednesday, without giving any further details.
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Speculative debt defaults rise in 2nd qtr -Moody
LONDON, July 8 (Reuters) - The rate of defaults in speculative-grade debt rose to 2.0 percent in June from 1.5 percent at the end of the first quarter, as the credit crunch means companies struggle...
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TAKE A LOOK-India communists withdraw support for government
The communist parties that have provided the Indian government with a parliamentary majority for four years have said they are withdrawing their support to protest a civilian nuclear deal with the ...
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  • BinckBank trading unit completes management buyout

    The trading unit, called Accion and spun off from the online broker last October, had 250,000 euros ($389,800) in yearly costs before tax and is no longer reported as part of BinckBank&#039;s operations...

  • Bharti-MTN set to close merger talks

    MUMBAI: India&#039;s Bharti Airtel Limited and South African telecoms operator MTN Group are very close to completing their merger talks, reports said yesterday. Bharti is the leading mobile phone operato...