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Uncategorized - October 9, 2007 14:00
AT&T to buy spectrum from Aloha for $2.5 billion
AT&T to buy spectrum from Aloha for $2.5 billion NEW YORK (Reuters) – AT&T Inc , the biggest U.S. mobile service, said on Tuesday that it would buy the wireless airwave licenses of privately held Aloha Partners LP for about $2.5 billion. Source: feeds.reuters.com Ford and Mazda to build Thai car plant BANGKOK/TOKYO (Reuters) – […]
Futures edge higher ahead of Alcoa results (Reuters)
Futures edge higher ahead of Alcoa results (Reuters) Reuters – Stock futures edged up on Tuesday before the start of the earnings reporting season, with investors looking for signs of the economy's health and companies' profit outlooks. Source: news.yahoo.com
B-School Profs Want to Know (BusinessWeek)
B-School Profs Want to Know (BusinessWeek)Can we cut consumer wait time? Are there incentives for garages to cheat on auto inspections? Why does Disney World remain so expensive?Source: biz.yahoo.com Coffee: The Generation Gap (BusinessWeek)Young adults drink less coffee than their parents, and they tend to drink it on the go. It’s a bitter change for […]
M&A flurry boosts FTSE
The FTSE jumped higher as mergers and acquisitions activity grabbed centre stage. SAB Miller rose amid a report on FT.com that the brewer was in advanced merger talks with Molson Coors of the US. Read More…
JP Morgan-led group pays $2.7 billion for Southern Water
SYDNEY (Reuters) – A group of infrastructure funds led by JPMorgan Chase & Co agreed to buy UK water company Southern Water from Royal Bank of Scotland for about 1.3 billion pounds ($2.7 billion). Read More…
Stock futures point to flat open (Reuters)
Reuters – Stock futures were little changed on Tuesday with market attention on aluminum company Alcoa , which kicks off the quarterly earnings season. Read More…
Oil Prices Lower in Asian Trade on Rising Supply, US Dollar
Extract not available. Read More…
FTSE steady as Northern Rock recovery continues
FTSE steady as Northern Rock recovery continuesLondon equities stayed flat with a small measure of momentum from oil companies countered by weakening mining companies as share prices traced commodities markets. Northern Rock continued to rise on news of an extentsion to the Bank of England’s guarantee to protect its savers’ depositsSource: www.ft.com
Sallie Mae sues to scrap takeover, collect $900 mln
NEW YORK (Reuters) – U.S. student lender Sallie Mae said on Monday it has filed a lawsuit, seeking damages of $900 million, against the consortium that agreed to buy it for $25 billion but then proposed to revise its offer. Read More…
Wheat import: TCP gets poor response from bidders
Wheat import: TCP gets poor response from bidders ): The Trader-Trading Corporation of Pakistan (TCP) has failed to attract bidders for the wheat import, as only two parties participated in the bidding process, sources said. The TCP, after the Federal government decision to import of 100,000 tonnes of Source: c.moreover.com
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