IPO News
Paris Court Rejects Bid To Delay Key Step In GDF-Suez Merger
Eric Dulon, secretary of the GDF works council and a member of the CGT union, had asked the court to delay a works council meeting on Monday, called to give an opinion on the merger. But the bid was...
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IPO market is stuck in neutral
NEW YORK (CNNMoney.com) -- The IPO market hasn't exactly been running at full throttle this year. And lately, it can't seem to get out of first gear.There were a flurry of initial public offerings fol...
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Fannie mae to sell $3.5 bln in bills on Wednesday
Research ), the largest U.S. home funding company, said on Friday it plans to sell $2.0 billion of three-month benchmark bills due Aug. 27, 2008, and $1.5 billion of six-month bills due Nov. 26, 20...
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Freddie Mac to sell $7 billion in bills next week
The bills will be sold over the Internet in a Dutch auction. In such uniform price auctions, successful bidders pay only the price of the lowest accepted bid rather than the actual price as in a co...
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UPDATE 1-FHLB sells $4 bln three-yr global bonds
NEW YORK, May 23 (Reuters) - The Federal Home Loan Bank System, the largest collective source of U.S. home funding, said on Friday it sold $4 billion in three-year global bonds.
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Candover, Goldman agree higher offer for UK
The independent directors of Expro said they recommended the cash offer. Earlier on Friday, Expro said that it had received a higher approach at 1,525p per share, worth 1.7 billion pounds ($3.37 billi...
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Grim economic outlook weighs on sterling vs euro
LONDON (Reuters) - Sterling failed to sustain an early push higher against a broadly weaker dollar and lost ground versus the euro on Friday as investors focused on an unhealthy combination of slowing...
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UPDATE 1-Private equity among bidders for Friends unit-source
LONDON, May 23 (Reuters) - A number of private equity (PE) companies are among the bidders for Lombard, the high-end insurance arm of Britain's Friends Provident (FP.L:
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FOREX-Dollar pares losses on April home sales data
NEW YORK, May 23 (Reuters) - The dollar pared losses against the yen on Friday after slightly better-than-expected U.S. existing home sales data for April.
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UPDATE 3-GTx prostate cancer drug needs more study; shares hit
Research ) prostate cancer drug did not yield promising results, potentially delaying its evaluation by U.S. health regulators and sending the biotechnology company's shares down as much as 14 perc...
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Tech execs plan for economic troubles ahead
Research ), the prepaid mobile phone service company, expects economic problems to last into the first half of next year for its mostly young customers.
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  • TriMas Corporation Reports Record Fourth Quarter and Full Year Sales (PR Newswire)

    TriMas Corporation today announced financial results for the fourth quarter and full year ended December 31, 2007. For the year, the Company reported record sales from continuing operations of $1,068.3 million, a 5.4% increase over 2006, and improved earnings performance, excluding the after-tax impact of non-cash goodwill and indefinite-lived intangible asset impairment charges of $159.9 million, one-time costs and expenses related to the use of initial public offering proceeds of $13.4 million and other special charges of $8.4 million.

  • Freddie Mac to sell $6 billion bills on Monday

    The bills will be sold over the Internet in a Dutch auction. In such uniform price auctions, successful bidders pay only the price of the lowest accepted bid rather than the actual price as in a co...