Monday, 16 July 2007

UPDATE 1-ValueClick to buy comparison shopping site operator

(Reuters) - The Westlake Village, California-based company said total
value of the deal could go up to about $352 million if certain
performance targets were met by Mezimedia.




ValueClick, which provides comparison shopping in Europe
under the PriceRunner brand, said it expects the deal to close
in August and add to its earnings per share.


Read more at Reuters.com Mergers News

Mexico's Aeromexico jumps on privatization talk

(Reuters) - Its shares were up 4.62 percent at 2.49 pesos.







Read more at Reuters.com Hot Stocks News

UPDATE 1-Barr challenges patents on Sepracor asthma drug

(Reuters) - Sepracor has filed suit in the U.S. District Court of
Delaware to prevent Barr from selling its generic, Barr said.




Xopenex, one of Sepracor's biggest-selling products, had
U.S. sales of about $610 million for the 12 months ended in
May, Barr said.


Read more at Reuters.com Government Filings News

EU Carbon Emission Permits Fall to Two-Month Low as Allocations Are Raised

(Bloomberg) -- European Union carbon dioxide permits
for 2008 fell to a two-month low after the European Commission
raised the allocation of emission allowances for Ireland and Latvia
in the five years through 2012, increasing supply.

The July 13 decision increases the total number of permits
allocated by 1.08 million metric tons of carbon dioxide a year.
Permits for December 2008 fell 89 cents, or 4.5 percent, to 19
euros ($26.19) a ton at 3:45 p.m. local time on the European
Climate Exchange in Amsterdam.


Read more at Bloomberg Energy News

Countrywide June loans rise, adds 5,800 jobs in '07

(Reuters) - The largest U.S. mortgage lender on Monday said it has added nearly 5,800 jobs this year, and boosted overall lending despite making fewer risky "subprime" loans as foreclosures more than double.




Calabasas, California-based Countrywide said it ended June with 60,427 employees, up from 59,011 in May and 54,655 at year end. It has added jobs every month this year.


Read more at Reuters.com Bonds News

Rio Prostitutes Take Cue From Athletes, Shape Up to Win at Pan Am Games

(Bloomberg) -- Rosa Silva went into training before
the Pan American Games, running 40 minutes each day and doing
200 sit-ups. She also got a full-body waxing and had her hair
straightened and highlighted.

Silva, 26, isn't one of the athletes competing for gold
medals. She's a prostitute.


Read more at Bloomberg Exclusive News

Gold Futures May Fall in New York as Euro's Rally Stalls; Silver Declines

(Bloomberg) -- Gold, little changed in New York,
may fall on speculation the euro's rally against the dollar will
stall, reducing the appeal of the precious metal as an
alternative investment. Silver fell.

Gold generally moves in tandem with the euro, which was
little changed after reaching a record against the dollar on
July 13. Before today, gold had gained 4.6 percent this year
while the euro had gained 4.4 percent against the dollar.


Read more at Bloomberg Commodities News