Morgan Stanley sells $2.25 billion notes - source
Research ) on Thursday sold $2.25 billion of 10-year senior notes through sole lead manager Morgan Stanley, said a source familiar with the transaction.
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Bear Stearns Chairman sells $61.3 million of stock
The banks helped ensure the deal would be approved earlier this week when JPMorgan agreed to buy 95 million newly issued Bear Stearns shares, equal to a 39.5 percent stake in the company. Bear's board...
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Indonesia's PGN 2007 net profit fell 17 pct
JAKARTA, March 28 (Reuters) - Indonesia's gas distribution company, PT Perusahaan Gas Negara (PGN), on Friday reported a 16.9 percent fall in its 2007 net profit as the firm was hit by $55 million ...
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U.S. states urge FCC constraints on XM-Sirius deal
Attorneys general from 11 states including Ohio, Missouri, Connecticut and Iowa told the FCC they were "disappointed" by Justice Department antitrust regulators' decision on Monday to let the deal pro...
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Deal value slumps as credit crunch hits -- data
NEW YORK, March 27 (Reuters) - The value of deals struck in the United States slumped 56 percent to $195.8 billion in the first three months of this year as the credit crunch thwarted buyers' abili...
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Spring brings opportunities and big risks
LONDON (Reuters) - Investors are entering the second quarter of the year in two minds -- one says there are scary things going on, keep your money close; the other says it's time to buy.

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Tata drives onto global stage with Jaguar and Land Rover
MUMBAI (Reuters) - Indian business baron Ratan Tata has proved detractors wrong before, and needs to do it again as he parks luxury car brands Jaguar and Land Rover in an auto empire that includes the world's cheapest car.

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  • UPDATE 1-Bristol-Myers to sell ConvaTec unit for $4.1 bln

    Research ) said on Friday it has agreed to sell its ConvaTec business unit to Nordic Capital Fund VII and Avista Capital Partners for $4.1 billion as part of its plan to unload non-core pharmaceuti...

  • Sony says develops cost-efficient solar cells

    Research ) said on Sunday it has developed dye-sensitized solar cells with an energy conversion efficiency of 10 percent, a level seen necessary for commercial use.