Saturday, 07 July 2007

"Losers club" sought to derail India deal-Vodafone

(Reuters) - Arun Sarin, the chief executive of global wireless operator
Vodafone Group Plc , called for greater transparency in
India's merger approval process to defeat backroom efforts by
vested interests to manipulate India's political bureaucracy.




"I really did not expect people -- the 'good and great' of
India -- to be calling cabinet secretaries, ministers, to say,
'You have to unwind this deal, because we want a piece of it,'"
Sarin told a conference of Indian business and academic leaders
taking place in Silicon Valley this weekend.


Read more at Reuters.com Government Filings News

France's Sarkozy wants Strauss-Kahn as IMF head

(Reuters) - "I want Dominique Strauss-Kahn to be France's candidate at the head of the IMF because he is the best suited to this post," Sarkozy was quoted as saying.




Read more at Reuters.com Business News

Friday, 06 July 2007

TD Ameritrade will not let funds inspect its books

(Reuters) - The funds have argued that any merger discussions by the
brokerage must be free of the influence of Toronto-Dominion
Bank , which owns 40 percent of TD Ameritrade.




Read more at Reuters.com Mergers News

REFILE-BancFirst sees $7.5 mln gain in Q3 from investment sale

(Reuters) - The gain will result in a net income of about $4.2 million,
or 26 cents per share, the financial services holding company
said in a statement.




BancFirst said regulatory approval and other conditions
could alter the amount of the expected gain.



Read more at Reuters.com Mergers News

Freightliner, striking Ore. machinists open talks

(Reuters) - The 670 union-represented machinists will remain on strike
until a new contract is ratified, he said, adding that
negotiations with management had re-started on Thursday night.




The union's current contract expired on June 30. Workers
rejected a tentative contract agreement on Monday in a dispute
that centers on retiree health benefits.


Read more at Reuters.com Bonds News

Immtech Pharma files for $50 million stock shelf

(Reuters) - Those purposes could include clinical trials, research and
development expenses, general and administrative expenses, and
working capital.




Under a shelf registration, a company may sell securities in
one or more separate offerings with the size, price and terms
to be determined at the time of sale.


Read more at Reuters.com Government Filings News

CBOT, Genzyme, Macy's, Mannatech, Parametric: U.S. Equity Movers Final

(Bloomberg) -- The following is a list of companies
whose shares had unusual price changes on U.S. exchanges. Stock
symbols are in parentheses after company names. Share prices are
as of 4 p.m. in New York.

CBOT Holdings Inc. (BOT US) rose $17.85, or 8.7 percent, to
$224. Chicago Mercantile Exchange Holdings Inc. (CME US) raised
its offer for the Chicago Board of Trade for a third time, to $11
billion, to fend off rival Intercontinental Exchange Inc. (ICE
US) and form the world's largest futures exchange. Chicago Merc
shares rose $19.11, or 3.4 percent, to $574.80, and
Intercontinental shares gained $4.28, or 2.8 percent, to $156.09.


Read more at Bloomberg Stocks News