Argentine banker says could buy YPF stake in '08

(Reuters) - "If it's done, it will be next year. This is a long
process," Eskenazi said.





Read more at Reuters.com Mergers News

General Mills 4th-quarter profit rises

(Reuters) - Analysts, on average, forecast 63 cents a share, according to Reuters Estimates.




Sales rose 7 percent to $3.06 billion. Analysts, on average, forecast $2.99 billion, according to Reuters estimates.


Read more at Reuters.com Business News

DealTalk: New-look infrastructure assets spice up auctions

(Reuters) - Infrastructure funds have built a following for buying low-risk, stable cash flow businesses, but some of the assets recently billed as infrastructure are more volatile, and risk leaving investors with headaches down the line.




Traditional infrastructure assets include privatized, regulated monopolies such as utilities and toll roads, necessities less susceptible to economic cycles and not as vulnerable to technological advances.


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Mentor to buy French medical device company

(Reuters) - The deal is not expected to materially add or hurt adjusted
earnings per share for fiscal 2008, the company added.








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Rite Aid posts higher quarterly profit

(Reuters) - Analysts, on average, expected the Camp Hill,
Pennsylvania-based retailer to post a loss of 1 cent per share,
according to Reuters Estimates.




Rite Aid bought the U.S. Brooks and Eckerd drugstore chains
from Canada's Jean Coutu Group Inc. on June 4,
just after the quarter ended.


Read more at Reuters.com Market News

Treasuries Are Little Changed as Fed Policy Makers Meet on Interest Rates

(Bloomberg) -- U.S. Treasuries were little changed
ahead of the Federal Reserve's interest-rate decision.

All 113 economists surveyed by Bloomberg News predict the
Fed will keep its key rate at 5.25 percent for an eighth time,
leaving Treasury yields below the central bank's benchmark.


Read more at Bloomberg Bonds News

UPDATE 1-Constellation Brands profit falls; affirms outlook

(Reuters) - The owner of Robert Mondavi, Vendage and Ravenswood wines
posted net income of $29.8 million, or 13 cents per share, for
the fiscal first quarter that ended May 31, compared with $85.5
million, or 36 cents per share, a year ago.




Excluding the impact of realigning its business and the
inventory actions, Constellation said it earned 21 cents per
share.


Read more at Reuters.com Market News