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Stocks

(most talked about stocks of the last 24 hours)

BALT - MCO - JPM - GS - UBS - BAC - MS - C - WMG - AAM - CRU - T

Top Stories

(most popular stories in the last 24 hours)

Netanyahu voices regret in settlement row with U.S.
2010/03/14 - 03:24PM EST
JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu voiced regret on Sunday for the announcement of a Jewish settlement plan that has strained ties with Washington and threatens the revival of Middle East peace talks.
Israel phasing out flechette tank shells
2010/03/14 - 03:16PM EST
TEL HASHOMER, Israel (Reuters) - Israel is phasing out a U.S.-made tank shell that sprays thousands of deadly darts over a wide area, in favor of a more precise round produced locally, a senior army officer said on Sunday.
Georgia opposition accuses gov't over TV "war" hoax
2010/03/14 - 02:13PM EST
TBILISI (Reuters) - Georgia's opposition accused the government on Sunday of being behind a fake primetime news report that Russian tanks had entered the capital at the call of the opposition, causing widespread panic.
U.S. to roll out major broadband policy
2010/03/14 - 02:05PM EST
T
WASHINGTON (Reuters) - U.S. regulators will announce a major Internet policy this week to revolutionize how Americans communicate and play, proposing a dramatic increase in broadband speeds that could let people download a high-definition film in minutes instead of hours.
Israel arrests top Hamas official in West Bank
2010/03/14 - 01:31PM EST
JERUSALEM (Reuters) - Israeli forces arrested a senior Hamas figure on Sunday after a raid in the town of Ramallah, the seat of the West Bank-based Palestinian government, the Israeli military said.
Student Eaton breaks heptathlon world record
2010/03/14 - 12:55PM EST
NEW YORK (Reuters) - College student Ashton Eaton upstaged the top multi-event competitors when he set an indoor world record in the men's heptathlon.
Healthcare overhaul will pass: Axelrod
2010/03/14 - 12:47PM EST
WASHINGTON (Reuters) - A senior White House adviser said on Sunday that President Barack Obama would get the votes necessary to pass a sweeping overhaul of the healthcare system.
Pakistani jets kill 16 militants: official
2010/03/14 - 12:01PM EST
PESHAWAR, Pakistan (Reuters) - Pakistani fighter planes bombed Taliban positions in the northwest on Sunday, killing 16 militants and destroying three hideouts, a government official said.
U.N. Iran sanctions may take until June: Kouchner
2010/03/14 - 11:54AM EST
SAARISELKA, Finland (Reuters) - A U.N. resolution on new sanctions against Iran may not be ready until June and if a vote on it fails, European states could take unilateral measures instead, French and Finnish ministers said on Sunday.
China's Wen says U.S. responsible for bad ties
2010/03/14 - 09:23AM EST
BEIJING (Reuters) - The United States is to blame for strains between Beijing and Washington and should take steps to repair ties, Chinese Premier Wen Jiabao said on Sunday, indicating the two powers have not overcome a recent rough patch.


All Stories

(news stories from the last 24 hours)

Market News

UPDATE 1-CNOOC to buy stake in Argentina's Bridas for $3.1 bln
2010/03/14 - 03:05PM EST
(Repeats to fix typographical error in spelling of 'Argentina'in paragraph 1)
Colombians vote in test for Uribe allies
2010/03/14 - 02:57PM EST
BOGOTA, March 14 (Reuters) - Colombians voted incongressional elections on Sunday in a harbinger of May'sballot to replace President Alvaro Uribe, who will step downafter two terms dominated by his war on leftist rebels.
German minister -"no need" for Greek aid decision
2010/03/14 - 02:41PM EST
BERLIN, March 14 (Reuters) - German Finance MinisterWolfgang Schaeuble said there was no reason for euro zonefinance ministers to make any decision on financial aid fordebt-ridden Greece when they meet on Monday.
BAY STREET-Canadian consumer firms keep tight grip on cash
2010/03/14 - 02:30PM EST
PJCA.TO SCC.TO THI.TO L.TO GIL.TO WN.TO
TORONTO, March 14 (Reuters) - "Cash is king" has become themantra for Canadian consumer companies looking to get throughthe coming year as they hold their purse strings tightly untilthe economic recovery becomes more firmly entrenched.
PREVIEW-U.S. to roll out major broadband policy
2010/03/14 - 02:00PM EST
T
WASHINGTON, March 14 (Reuters) - U.S. regulators willannounce a major Internet policy this week to revolutionize howAmericans communicate and play, proposing a dramatic increasein broadband speeds that could let people download ahigh-definition film in minutes instead of hours.
KKR and Warner Music eye EMI break-up bid -paper
2010/03/14 - 01:51PM EST
C WMG
LONDON, March 14 (Reuters) - Private equity firm KKR[KKR.UL] and Warner Music Group are in talks to launch abreak-up bid for Warner's indebted British rival EMI[LNDONE.UL], the Sunday Times newspaper said.
UPDATE 1-Novartis drugs fail to help high-risk patients
2010/03/14 - 01:37PM EST
* Neither drug cuts heart risk more than placebo in study
PREVIEW-Greek bailout tops EU finance ministers' agenda
2010/03/14 - 01:14PM EST
BRUSSELS, March 14 (Reuters) - Finance ministers fromcountries using the euro hope to agree on Monday on a way ofproviding heavily indebted Greece with financial aid, despiteFrench doubts that a deal will be reached.
UPDATE 1-BYD posts record Q4 profit on robust sales
2010/03/14 - 12:45PM EST
BRKA
* 2009 net profit 3.79 bln yuan vs forecast 3.23 bln yuan
UPDATE 1-Healthcare overhaul will pass - top W. House aide
2010/03/14 - 12:34PM EST
WASHINGTON, March 14 (Reuters) - A senior White Houseadviser said on Sunday that President Barack Obama would get thevotes necessary to pass a sweeping overhaul of the U.S.healthcare system.

Business News

"No need" for Greek bailout decision - German finance minister
2010/03/14 - 02:45PM EST
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said there was no reason for Euro zone finance ministers to make any decision on financial aid for debt-ridden Greece when they met on Monday.
KKR and Warner Music eye break-up bid for EMI: report
2010/03/14 - 01:56PM EST
C WMG
LONDON (Reuters) - Private equity firm KKR and U.S. music company Warner Music Group are in talks to launch a break-up bid for Warner's indebted British rival EMI , reported the Sunday Times.
Greece must work on issues before help: Nowotny
2010/03/14 - 01:08PM EST
VIENNA (Reuters) - Greece should show it has taken steps to get its public finances in order before external help can be given, European Central Bank Governing Council member Ewald Nowotny told Austrian television on Sunday.
BYD posts record Q4 profit on robust sales
2010/03/14 - 12:52PM EST
SHANGHAI/HONG KONG (Reuters) - BYD Co, the Chinese car and battery maker backed by U.S. billionaire Warren Buffett, posted a forecast-beating fourth-quarter result on Sunday, as Beijing's policy initiatives boosted demand in the world's largest car market.
China's Wen wraps populist agenda in poetry
2010/03/14 - 08:22AM EST
BEIJING (Reuters) - Chinese Premier Wen Jiabao displayed the showmanship and soft-edged populism on Sunday that has drawn both devotees and critics as he seeks to tame the nation's wild ride of industrial expansion.
Euro finance ministers to agree on Greek aid: source
2010/03/14 - 01:34AM EST
BRUSSELS (Reuters) - Euro zone finance ministers are likely to agree on Monday on a mechanism for aiding Greece financially, if it is required, but will leave out any sums until Athens asks for them, an EU source said on Saturday.
France's Lagarde not expecting decision on Greece
2010/03/14 - 01:26AM EST
GS
NEW YORK (Reuters) - French Economy Minister Christine Lagarde said on Saturday that she does not expect Euro zone finance ministers to make any decision on financial help for Greece when they meet next week.
France's Lagarde does not expect decision on Greece
2010/03/13 - 11:47PM EST
NEW YORK (Reuters) - French Economy Minister Christine Lagarde said on Saturday that she does not expect any decision to be made by Euro zone finance ministers next week on financial help for Greece.
Euro finance ministers to agree on Greek aid: source
2010/03/13 - 08:21PM EST
BRUSSELS (Reuters) - Euro zone finance ministers are likely to agree on Monday on a mechanism for aiding Greece financially, if it is required, but will leave out any sums until Athens asks for them, an EU source said on Saturday.
Ifo's Sinn warns EMF could endanger euro
2010/03/13 - 08:21PM EST
MUNICH, Germany (Reuters) - A European Monetary Fund risks skewing the incentives of debt-ridden euro zone countries thereby endangering the stability of the euro, the head of Ifo think tank told Reuters in an interview.

Economic News

Ukraine is not on the verge of default - FinMin
2010/03/14 - 12:04AM EST
KYEV, March 13 (Reuters) - Ukraine is not on the verge ofdefault despite severe budget holes, newly appointed FinanceMinister Fedir Yaroshenko said on Saturday.
DIARY-Federal Reserve Events
2010/03/12 - 09:44PM EST
Tuesday, March 23 ***PRAGUE, Czech Republic - Federal Reserve Bank ofPhiladelphia President Charles Plosser speaks on "Benefits ofPolicy Rules in an Uncertain Economic Environment before the"Central Banking: Cornerstone of Stability" panel of the 2010European Banking and Financial Forum, 0600 EDT/1000 GMT (1100Prague time). Audience and media Q&As expected. Czech NationalBank Congress Center. RSVP online/information:http://www.ebff.cz/registration.htm
UPDATE 2-Argentina Feb inflation highest in nearly 4 years
2010/03/12 - 09:33PM EST
* February figures take 12-month inflation to 9.1 pct (Adds analyst, details)
WRAPUP 5-US retail sales rise as shoppers fight winter blues
2010/03/12 - 09:31PM EST
* Consumer sentiment eases in March (Updates with closing market action)
DIARY - Today in Washington - March 15
2010/03/12 - 08:56PM EST
---------------------------------------------------------
UPDATE 3-Gloomy outlook weighs on Greek budget goals
2010/03/12 - 05:31PM EST
* Central bank head sees GDP contracting 2.0 pct this year
Yellen a leading contender for Fed vice chair-official
2010/03/12 - 05:17PM EST
WASHINGTON, March 12 (Reuters) - San Francisco FederalReserve Bank President Janet Yellen is a leading contender tobe nominated by President Barack Obama as vice chair of thecentral bank, a senior administration official said on Friday.
UPDATE 2-US consumer sentiment dipped in early March-survey
2010/03/12 - 04:01PM EST
NEW YORK, March 12 (Reuters) - U.S. consumer sentimentdeclined slightly in early March, with Americans less positiveabout the job outlook, a survey released on Friday showed.
RPT-UPDATE 4-Canada posts firm job growth; currency rallies
2010/03/12 - 04:00PM EST
* Flaherty calls report positive, downplays soft spots (Adds comments by finance minister, analyst)
US yearly econ growth continues to ease -ECRI
2010/03/12 - 03:34PM EST
NEW YORK, March 12 (Reuters) - A gauge of future U.S.economic growth rose slightly in the latest week while itsyearly growth index continued to fall to a 31-week low,upholding expectations the economy will likely deceleratestarting mid-year, a research group said on Friday.


Funds News

KKR and Warner Music eye EMI break-up bid -paper
2010/03/14 - 01:51PM EST
C WMG
LONDON, March 14 (Reuters) - Private equity firm KKR[KKR.UL] and Warner Music Group are in talks to launch abreak-up bid for Warner's indebted British rival EMI[LNDONE.UL], the Sunday Times newspaper said.
PRESS DIGEST - British Business Press - March 13
2010/03/13 - 02:28AM EST
Liberty , the London department store, is in talkswith private equity and real estate investors about a takeoverthat could value the retail business at more than 35 millionpounds. BlueGen Capital, the private equity firm headed byformer Merrill Lynch banker Marco Capello, is thought to be thefront-runner. Richard Balfour-Lynn, chief executive of Liberty'scontrolling shareholder MWB Group , said that he waspleased by the interest of investors, which he attribute
UPDATE 4-Two main Galleon defendants seek separate trials
2010/03/13 - 12:43AM EST
MCO
NEW YORK, March 12 (Reuters) - Accused Galleon fund founderRaj Rajaratnam and his main co-defendant want separate trialson charges they were involved in what prosecutors describe asthe biggest hedge fund insider-trading case ever in the UnitedStates.
UPDATE 1-Wall St Week Ahead: Data, Fed to test if rally has legs
2010/03/13 - 12:42AM EST
AIG FDX BAC C
(Updates column with U.S. stock indexes' gains for the week)
Lehman balance sheet massaging may not be unusual
2010/03/13 - 12:28AM EST
MS FRE GS
NEW YORK, March 12 (Reuters) - On Wall Street, massagingthe balance sheet is a time-honored practice.
BofA to disclose political donations on Web site
2010/03/12 - 11:54PM EST
BAC
CHARLOTTE, N.C., March 12 (Reuters) - Bank of America Corp will publish details of its political donations on thecompany's Web site, the New York City comptroller announced onFriday.
UPDATE 2-Sirius XM sells $800 mln in notes to repay debt
2010/03/12 - 11:53PM EST
JPM
* Proceeds to pay down 2012 and 2013 debt (Updates total offering, adds details on interest rate,Liberty Media Corp buy and JP Morgan involvement)
UPDATE 3-Two main Galleon defendants seek separate trials
2010/03/12 - 11:49PM EST
MCO
*Evidence gathered using wiretaps (Adds quotes from court papers on cooperating witness)
UPDATE 2-MOVES-Gordon Brothers Group, The Roth Law Firm
2010/03/12 - 11:20PM EST
BAC UBS MMC
(Adds Gordon Brothers Group, The Roth Law Firm, SidneyAustin, Gibson, Dunn & Crutcher, PricewaterhouseCoopers, TownCentre Securities)
Stuyvesant Town tenants hire investment banker
2010/03/12 - 11:13PM EST
NEW YORK, March 12 (Reuters) - The Stuyvesant Town/PeterCooper Village Tenants Association said on Friday it retainedMoelis & Company as its financial advisor in its pursuit to buythe massive Manhattan apartment complex.

Private Equity

KKR and Warner Music eye EMI break-up bid -paper
2010/03/14 - 01:51PM EST
C WMG
LONDON, March 14 (Reuters) - Private equity firm KKR[KKR.UL] and Warner Music Group are in talks to launch abreak-up bid for Warner's indebted British rival EMI[LNDONE.UL], the Sunday Times newspaper said.
RPT-Egypt's Citadel invests $183 mln in river ports
2010/03/14 - 09:14AM EST
CAIRO, March 14 (Reuters) - Egyptian private equity firmCitadel Capital has invested 1 billion Egyptianpounds ($183 million) in three Nile river ports and wants toinvest in two more in the country, the daily al-Mal reported onSunday.
PRESS DIGEST - Financial Times - March 13
2010/03/13 - 03:41AM EST
Tim O'Toole, former managing director of London Underground,could soon become chief executive of one of the privatecontractors he strongly criticised while in office. O'Toole hasheld preliminary talks with Tube Lines regarding the role, lessthan a year after he retired to spend more time with his family.The appointment would go some way to alleviating tension betweenthe two groups, following disputes over the contractor's fundingand delays to Jubilee line work.
PRESS DIGEST - British Business Press - March 13
2010/03/13 - 02:28AM EST
Liberty , the London department store, is in talkswith private equity and real estate investors about a takeoverthat could value the retail business at more than 35 millionpounds. BlueGen Capital, the private equity firm headed byformer Merrill Lynch banker Marco Capello, is thought to be thefront-runner. Richard Balfour-Lynn, chief executive of Liberty'scontrolling shareholder MWB Group , said that he waspleased by the interest of investors, which he attribute
Stuyvesant Town tenants hire investment banker
2010/03/12 - 11:13PM EST
NEW YORK, March 12 (Reuters) - The Stuyvesant Town/PeterCooper Village Tenants Association said on Friday it retainedMoelis & Company as its financial advisor in its pursuit to buythe massive Manhattan apartment complex.
UPDATE 4-KKR files for long-awaited NYSE listing
2010/03/12 - 07:57PM EST
KKR DG BX
* Private equity giant has long sought an NYSE listing (Adds details in paragraph 3)
RLPC-Gala's junior lenders poised to take control -investors
2010/03/12 - 05:47PM EST
LONDON, March 12 (Reuters) - UK gaming group Gala Coralmoved closer to agreeing a debt restructuring on Friday thatwill see junior lenders inject 200 million pounds ($303 million)of fresh capital and take control of the company, investorssaid.
UPDATE 2-Softbank to invest in Willcom to expand network
2010/03/12 - 11:09AM EST
* Softbank, Advantage to invest 8 bln yen in next-gen unit
CVC sells Paperbox Holdings to Japan's Oji
2010/03/12 - 10:13AM EST
HONG KONG, March 12 (Reuters) - Private equity fund CVCPartners [CVC.UL] has agreed to sell Paperbox Holdings Ltd toJapan's Oji Paper Co Ltd for an undisclosed amount, Ojisaid on Friday.
UPDATE 1-UBS Taiwan plans $312 mln China,Russia equities fund
2010/03/12 - 10:03AM EST
UBS
* Sees Russia, China attractive, cheapest among BRIC markets

Bonds News

Colombians vote in test for Uribe allies
2010/03/14 - 02:57PM EST
BOGOTA, March 14 (Reuters) - Colombians voted incongressional elections on Sunday in a harbinger of May'sballot to replace President Alvaro Uribe, who will step downafter two terms dominated by his war on leftist rebels.
German minister -"no need" for Greek aid decision
2010/03/14 - 02:41PM EST
BERLIN, March 14 (Reuters) - German Finance MinisterWolfgang Schaeuble said there was no reason for euro zonefinance ministers to make any decision on financial aid fordebt-ridden Greece when they meet on Monday.
PREVIEW-U.S. to roll out major broadband policy
2010/03/14 - 02:00PM EST
T
WASHINGTON, March 14 (Reuters) - U.S. regulators willannounce a major Internet policy this week to revolutionize howAmericans communicate and play, proposing a dramatic increasein broadband speeds that could let people download ahigh-definition film in minutes instead of hours.
KKR and Warner Music eye EMI break-up bid -paper
2010/03/14 - 01:51PM EST
C WMG
LONDON, March 14 (Reuters) - Private equity firm KKR[KKR.UL] and Warner Music Group are in talks to launch abreak-up bid for Warner's indebted British rival EMI[LNDONE.UL], the Sunday Times newspaper said.
PREVIEW-Greek bailout tops EU finance ministers' agenda
2010/03/14 - 01:14PM EST
BRUSSELS, March 14 (Reuters) - Finance ministers fromcountries using the euro hope to agree on Monday on a way ofproviding heavily indebted Greece with financial aid, despiteFrench doubts that a deal will be reached.
UPDATE 1-Healthcare overhaul will pass - top W. House aide
2010/03/14 - 12:34PM EST
WASHINGTON, March 14 (Reuters) - A senior White Houseadviser said on Sunday that President Barack Obama would get thevotes necessary to pass a sweeping overhaul of the U.S.healthcare system.
Healthcare overhaul will pass - top W. House aide
2010/03/14 - 12:11PM EST
WASHINGTON, March 14 (Reuters) - A senior White Houseadviser said on Sunday that President Barack Obama would get thevotes necessary to pass a sweeping overhaul of the U.S.healthcare system.
Chinese Feb inflation higher than expected-c bank chief
2010/03/14 - 01:18AM EST
BEIJING, March 14 (Reuters) - China's inflation in Februarywas higher than expected, but not by enough to force a changein strategy, central bank governor Zhou Xiaochuan said onSunday.
UPDATE 1-France's Lagarde not expecting decision on Greece
2010/03/14 - 01:02AM EST
GS
* Lagarde says Greece "has delivered enormously" (Updates with comments, background)
Two new British polls point to indecisive result
2010/03/14 - 12:53AM EST
* Poll shows voters think Conservatives would tax, cut more

New Issues News

IPO VIEW-Brazilian billionaire's IPO is bet on oil growth
2010/03/13 - 12:36AM EST
AAM CRU BALT
SAO PAULO/NEW YORK, March 12 (Reuters) - OSX Brasil, a Brazilian shipbuilding and oil services companyowned by billionaire Eike Batista, doesn't look like much onpaper.
UPDATE 1-SS&C Technologies files for up to $150 mln IPO
2010/03/12 - 11:38PM EST
* Co to offer 8.2 mln shrs, holders to offer 2.5 mln shrs
WRAPUP 2-Crude Carriers, AVEO shares slip in debuts
2010/03/12 - 11:29PM EST
MRK BALT CRU
* AVEO shares close down 1 cent (Updates with closing prices)
US CREDIT-First Data bonds may gain on IPO speculation
2010/03/12 - 09:45PM EST
A
NEW YORK, March 12 (Reuters) - First Data Corp's bonds maybe good value for longer-term investors as the company benefitsfrom a lack of near-term debt maturities, an improving outlookand a possible initial public offering in the intermediateterm, proceeds of which could be used to repay debt.
UPDATE 1-Direct Edge wins SEC ok to run exchanges
2010/03/12 - 09:17PM EST
GS JPM NYX
NEW YORK, March 12 (Reuters) - Direct Edge said on Fridayit has received approval from the U.S. Securities and ExchangeCommission to operate two stock exchanges, making the companythe fourth U.S. equities exchange operator.
UPDATE 4-KKR files for long-awaited NYSE listing
2010/03/12 - 07:57PM EST
KKR DG BX
* Private equity giant has long sought an NYSE listing (Adds details in paragraph 3)
UPDATE 1-Alma Maritime files for $207.9 mln US IPO
2010/03/12 - 03:19PM EST
AAM
March 12 (Reuters) - Shipping company Alma Maritime filedwith U.S. regulators to go public through a $207.9 millionoffering Friday.
UPDATE 3-Auto parts company Sensata's shares rise in debut
2010/03/12 - 12:48AM EST
MS GS F ST
NEW YORK, March 11 (Reuters) - Hopes for a recovering autoindustry buoyed car parts maker Sensata Technologies Holding in its market debut on Thursday, sending its shares upas much as 5.6 percent.
Crude Carriers IPO prices at bottom of range
2010/03/11 - 11:27PM EST
CRU
NEW YORK, March 11 (Reuters) - Shipping company CrudeCarriers Corp priced shares in its initial publicoffering on Thursday at the bottom of the expected range,according to an underwriter. The company sold 13.5 millionshares for $19 each, raising about $256.5 million.
Aveo prices IPO in range, sells more shares
2010/03/11 - 11:16PM EST
NEW YORK, March 11 (Reuters) - Cancer therapy company AVEOPharmaceuticals Inc priced shares in its initialpublic offering at the bottom of a reduced range on Thursday,according to an underwriter.

Forex News

Colombians vote in test for Uribe allies
2010/03/14 - 02:57PM EST
BOGOTA, March 14 (Reuters) - Colombians voted incongressional elections on Sunday in a harbinger of May'sballot to replace President Alvaro Uribe, who will step downafter two terms dominated by his war on leftist rebels.
German minister -"no need" for Greek aid decision
2010/03/14 - 02:41PM EST
BERLIN, March 14 (Reuters) - German Finance MinisterWolfgang Schaeuble said there was no reason for euro zonefinance ministers to make any decision on financial aid fordebt-ridden Greece when they meet on Monday.
PREVIEW-Greek bailout tops EU finance ministers' agenda
2010/03/14 - 01:14PM EST
BRUSSELS, March 14 (Reuters) - Finance ministers fromcountries using the euro hope to agree on Monday on a way ofproviding heavily indebted Greece with financial aid, despiteFrench doubts that a deal will be reached.
REFILE-Crew strike threatens BA's future-UK minister
2010/03/14 - 12:25PM EST
LONDON, March 14 (Reuters) - British Transport SecretaryAndrew Adonis urged cabin crew at British Airways onSunday to call off their planned strikes this month, saying itthreatened the company's very existence.
WRAPUP 3-China's Wen pushes back against yuan rise calls
2010/03/14 - 07:28AM EST
* Wen sees possibility of global double dip recession (Adds Wen's comments on China-U.S. relations, dollar)
UPDATE 1-China's Wen says U.S. responsible for bad ties
2010/03/14 - 05:17AM EST
BEIJING, March 14 (Reuters) - The United States is to blamefor strains between Beijing and Washington and should takesteps to repair ties, Chinese Premier Wen Jiabao said onSunday, indicating the two powers have not overcome a recentrough patch.
HIGHLIGHTS-China's Premier Wen says will keep yuan stable
2010/03/14 - 04:42AM EST
BEIJING, March 14 (Reuters) - Chinese Premier Wen Jiabaospoke to reporters at a news conference to mark the end ofChina's annual parliament meeting.
UPDATE 1-France's Lagarde not expecting decision on Greece
2010/03/14 - 01:02AM EST
GS
* Lagarde says Greece "has delivered enormously" (Updates with comments, background)
Two new British polls point to indecisive result
2010/03/14 - 12:53AM EST
* Poll shows voters think Conservatives would tax, cut more
France's Lagarde does not expect decision on Greece
2010/03/13 - 11:41PM EST
NEW YORK, March 13 (Reuters) - French Economy MinisterChristine Lagarde said on Saturday that she does not expect anydecision to be made by Euro zone finance ministers next week onfinancial help for Greece.

ETF News

KKR and Warner Music eye EMI break-up bid -paper
2010/03/14 - 01:51PM EST
C WMG
LONDON, March 14 (Reuters) - Private equity firm KKR[KKR.UL] and Warner Music Group are in talks to launch abreak-up bid for Warner's indebted British rival EMI[LNDONE.UL], the Sunday Times newspaper said.
PRESS DIGEST - British Business Press - March 13
2010/03/13 - 02:28AM EST
Liberty , the London department store, is in talkswith private equity and real estate investors about a takeoverthat could value the retail business at more than 35 millionpounds. BlueGen Capital, the private equity firm headed byformer Merrill Lynch banker Marco Capello, is thought to be thefront-runner. Richard Balfour-Lynn, chief executive of Liberty'scontrolling shareholder MWB Group , said that he waspleased by the interest of investors, which he attribute
UPDATE 4-Two main Galleon defendants seek separate trials
2010/03/13 - 12:43AM EST
MCO
NEW YORK, March 12 (Reuters) - Accused Galleon fund founderRaj Rajaratnam and his main co-defendant want separate trialson charges they were involved in what prosecutors describe asthe biggest hedge fund insider-trading case ever in the UnitedStates.
UPDATE 1-Wall St Week Ahead: Data, Fed to test if rally has legs
2010/03/13 - 12:42AM EST
AIG FDX BAC C
(Updates column with U.S. stock indexes' gains for the week)
Lehman balance sheet massaging may not be unusual
2010/03/13 - 12:28AM EST
MS FRE GS
NEW YORK, March 12 (Reuters) - On Wall Street, massagingthe balance sheet is a time-honored practice.
BofA to disclose political donations on Web site
2010/03/12 - 11:54PM EST
BAC
CHARLOTTE, N.C., March 12 (Reuters) - Bank of America Corp will publish details of its political donations on thecompany's Web site, the New York City comptroller announced onFriday.
UPDATE 2-Sirius XM sells $800 mln in notes to repay debt
2010/03/12 - 11:53PM EST
JPM
* Proceeds to pay down 2012 and 2013 debt (Updates total offering, adds details on interest rate,Liberty Media Corp buy and JP Morgan involvement)
UPDATE 3-Two main Galleon defendants seek separate trials
2010/03/12 - 11:49PM EST
MCO
*Evidence gathered using wiretaps (Adds quotes from court papers on cooperating witness)
UPDATE 2-MOVES-Gordon Brothers Group, The Roth Law Firm
2010/03/12 - 11:20PM EST
BAC UBS MMC
(Adds Gordon Brothers Group, The Roth Law Firm, SidneyAustin, Gibson, Dunn & Crutcher, PricewaterhouseCoopers, TownCentre Securities)
Stuyvesant Town tenants hire investment banker
2010/03/12 - 11:13PM EST
NEW YORK, March 12 (Reuters) - The Stuyvesant Town/PeterCooper Village Tenants Association said on Friday it retainedMoelis & Company as its financial advisor in its pursuit to buythe massive Manhattan apartment complex.

Financial Services and Real Estate

UPDATE 1-Chongqing Water Shanghai IPO to raise up to $511 mln
2010/03/14 - 03:24PM EST
* IPO price range 6.48-6.98 yuan, could raise 3.49 bln yuan
UAE NBAD to raise up to $1 bln with new bond-executive
2010/03/14 - 02:47PM EST
ABU DHABI, March 14 (Reuters) - National Bank of Abu Dhabi, the United Arab Emirate's second biggest bank byassets, will tap markets to raise up to $1 billion, an executiveat the bank said on Sunday.
China Merchants Bank rights issue take-up 98.6%
2010/03/14 - 01:59PM EST
SHANGHAI, March 14 (Reuters) - China Merchants Bank said on Sunday that investors bought 98.6percent of the shares on offer in its rights issue ofyuan-denominated A shares, worth 17.76 billion yuan ($2.60billion), attracting strong demand as expected.
KKR and Warner Music eye EMI break-up bid -paper
2010/03/14 - 01:51PM EST
C WMG
LONDON, March 14 (Reuters) - Private equity firm KKR[KKR.UL] and Warner Music Group are in talks to launch abreak-up bid for Warner's indebted British rival EMI[LNDONE.UL], the Sunday Times newspaper said.
CORRECTED - MOVES-UAE's Shuaa Capital names Deards as new CFO
2010/03/14 - 11:45AM EST
(Removes reference to period spent at previous firm inparagraph two)
UPDATE 1-Egypt's Beltone signs merger deal with Pioneers
2010/03/14 - 11:23AM EST
* Beltone's Saba to be MD, firm to be called Beltone Holding
Saudi to launch index funds for foreigners-report
2010/03/14 - 09:38AM EST
RIYADH, March 14 (Reuters) - Saudi Arabia plans to launchstock market index funds accessible to foreigners by the end ofMarch in a bid to open up the Arab world's biggest bourse, themarket regulator's chief said in remarks published on Sunday.
UPDATE 1-Kuwait bank CBK swings to Q4 profit, eyes H2 growth
2010/03/14 - 09:32AM EST
KUWAIT, March 14 (Reuters) - Commercial Bank of Kuwait (CBK) swung back into profit in the fourth quarter onan improvement in retail banking and other businesses, itschairman said on Sunday.
RPT-Egypt's Citadel invests $183 mln in river ports
2010/03/14 - 09:14AM EST
CAIRO, March 14 (Reuters) - Egyptian private equity firmCitadel Capital has invested 1 billion Egyptianpounds ($183 million) in three Nile river ports and wants toinvest in two more in the country, the daily al-Mal reported onSunday.
Egypt's Beltone signs merger deal with Pioneers
2010/03/14 - 09:01AM EST
CAIRO, March 14 (Reuters) - Egypt's Beltone Financial hassigned a deal to complete a share swap in its merger withPioneers Holding , Beltone said on Sunday.

Consumer Goods And Retail News

Richemont in bid for Net-a-Porter - papers
2010/03/14 - 03:08PM EST
LONDON, March 14 (Reuters) - Swiss luxury goods groupRichemont has bid to acquire Net-a-Porter in a dealwhich values the UK online fashion retailer at about 350 millionpounds ($531 million), newspapers said on Sunday.
Blockbuster puts European arm up for sale - paper
2010/03/14 - 02:35PM EST
BBI
LONDON, March 14 (Reuters) - Film rental chain Blockbuster has put its European arm up for sale, the Sunday Timesnewspaper said.
UPDATE 1-Net profit dips 15 pct at Egypt's Olympic Group
2010/03/14 - 10:15AM EST
CAIRO, March 14 (Reuters) - Egyptian appliance maker OlympicGroup has posted a 15 percent drop in net profit for2009 to 156 million Egyptian pounds ($28.5 million), the stockexchange said on Sunday, falling short of an analyst's forecast.
Egypt's Olympic posts 15 pct drop in 2009 net profit
2010/03/14 - 09:26AM EST
CAIRO, March 14 (Reuters) - Egyptian appliance maker OlympicGroup posted a 15 percent drop in 2009 net profit to156 million Egyptian pounds ($28.50 million), the stock exchangesaid on Sunday.
PRESS DIGEST - British Business Sunday - March 14
2010/03/14 - 03:14AM EST
Chancellor Alistair Darling is expected to claim next weekthat his government's investment in jobs programmes has savedthe UK about 12 billion pounds during the recession. In lastyear's budget, the government predicted unemployment could reach2.09 million at the end of 2009 and 2.44 million in 2010, but inDecember last year the government revised its estimates down to1.72 million for 2009 and 1.91 million for 2010. Darling willsay the lower number of claimants alone will save 10 billion
India's Godrej Consumer Products buys Nigeria's Tura
2010/03/13 - 11:23AM EST
MUMBAI, March 13 (Reuters) - India's Godrej ConsumerProducts (GCP) on Saturday said it has agreed to buypersonal care company Tura from Nigeria's Tura Group.
India's Mahindra to invest 50 bln rupees in new plant
2010/03/13 - 10:18AM EST
MUMBAI, March 13 (Reuters) - Mahindra & Mahindra ,India's largest utility vehicles and tractor maker, is investing50 billion rupees ($1.1 billion) on Phase 1 of its new plant inChakan near the western Indian city of Pune, a senior officialsaid on Saturday.
Shanghai GM recalls 2,000 imported Captivas -gov't
2010/03/13 - 07:56AM EST
SHANGHAI, March 13 (Reuters) - Shanghai GM, a venturebetween General Motors Corp [GM.UL] and China's SAIC Motor Corp, is recalling 2,065 Chevrolet Captivas importedfrom South Korea, China's quality supervision agency said.
India's Bosch withdraws lockout notice at plant-paper
2010/03/13 - 04:42AM EST
MUMBAI, March 13 (Reuters) - Auto parts maker Bosch Ltd has withdrawn its notice of a lockout at its mainplant in Bangalore, the Business Standard reported on Saturday,citing unnamed company sources.
UK's Whitbread buys out Indian JV partner - paper
2010/03/13 - 04:11AM EST
MUMBAI, March 13 (Reuters) - Whitbread , Britain'sbiggest hotel and coffee shop operator, has bought out itsIndian joint venture partner Emaar MGF, the Economic Timesreported on Saturday, citing a Whitbread statement.

Energy News

UPDATE 1-CNOOC to buy stake in Argentina's Bridas for $3.1 bln
2010/03/14 - 03:05PM EST
(Repeats to fix typographical error in spelling of 'Argentina'in paragraph 1)
CNOOC to buy into SAmerica's Bridas for $3.1 bln
2010/03/14 - 11:39AM EST
HONG KONG, March 14 (Reuters) - China National Offshore OilCorp plans a joint venture with Argentina's BridasEnergy Holdings, paying $3.1 billion to take a 50 percent stakein Bridas Corporation, the company said on Sunday.
Ukraine is not on the verge of default - FinMin
2010/03/14 - 12:04AM EST
KYEV, March 13 (Reuters) - Ukraine is not on the verge ofdefault despite severe budget holes, newly appointed FinanceMinister Fedir Yaroshenko said on Saturday.
India Bharati Shipyard buys more of Great Offshore-paper
2010/03/13 - 05:07AM EST
MUMBAI, March 13 (Reuters) - India's Bharati Shipyard has bought a 3 percent stake in Great Offshore from ABG Shipyard for 537 million rupees($12 milion), the Business Standard reported on Saturday,citing Bharati.
WRAPUP 2-Crude Carriers, AVEO shares slip in debuts
2010/03/12 - 11:29PM EST
MRK BALT CRU
* AVEO shares close down 1 cent (Updates with closing prices)
Conoco Rodeo, California, refinery restarts unit
2010/03/12 - 11:00PM EST
COP
HOUSTON, March 12 (Reuters) - ConocoPhillips reported flaring due a unit restart at its 120,000 barrel perday (bpd) Rodeo, California, refinery on Friday, according to anotice filed with California pollution regulators.
Gabon opens 42 offshore oil blocks to exploration
2010/03/12 - 10:25PM EST
LIBREVILLE, March 12 (Reuters) - Gabon, Africa's seventhlargest oil producer, is offering 42 additional offshoredeepwater and ultra-deepwater oil blocks for exploration, thegovernment said on Friday.
Brazilian stocks slide on mixed U.S. indicators
2010/03/12 - 09:57PM EST
SAO PAULO, March 12 (Reuters) - Brazilian stocks fell onFriday after mixed economic data from the United Statesprompted wariness and subsequent profit-taking amonginvestors.
CANADA STOCKS-Potash stocks help drive TSX higher
2010/03/12 - 09:40PM EST
AGU.TO POT.TO
* Canada jobs data boosts investor sentiment (Adds details, quote)
US natural gas rig count up for 11th straight week
2010/03/12 - 07:26PM EST
NEW YORK, March 12 (Reuters) - The number of rigs drillingfor natural gas in the United States rose by one this week to afresh one-year high of 927, according to a report on Friday byoil services firm Baker Hughes in Houston.


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