IPO News
UBS says to publish watchdog subprime probe
Research ) said it would soon publish the outcome of a probe by the Swiss bank watchdog into its subprime losses, striking a deal with a shareholder group that had threatened to go to court over th...
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Shire climbs on talk of Pfizer bid interest
LONDON (Reuters) - Shares in British drug maker Shire leapt as much as 10 percent on Friday, as traders reported talk of bid interest from U.S. rival Pfizer.
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UPDATE 3-Ping An in final talks on Fortis unit stake-sources
The sources told Reuters Ping An and Fortis were unlikely to reach final agreement before the end of the month or in early April, adding that Ping An would not unveil a deal when it holds a news co...
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RAB Capital dividend up but assets drop
LONDON (Reuters) - Hedge fund RAB Capital raised its 2007 dividend by 50 percent, sending its shares up nearly 7 percent despite news that assets under management fell 4.7 percent in the first two mon...
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UPDATE 1-India says not considering banning BlackBerry
"There is no question of banning at this point," Telecoms Secretary Siddhartha Behura told reporters on the sidelines of an industry conference.
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China says to ease limits on rural banks this year
BEIJING, March 14 (Reuters) - China plans to relax a series of restrictions on its rural banks this year, including caps on investment in them, as part of efforts to bolster the fledgling sector, t...
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FOREX-Dlr claws up from record lows, faces more pressure
LONDON, March 14 (Reuters) - The dollar edged back from a record low against the euro and a basket of major currencies on Friday, but investors braced for more losses as worry over U.S. economic he...
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TAKE A LOOK-Islamic summit in Senegal's capital Dakar
Heads of state and representatives from 57 Muslim nations are meeting in Senegal's capital Dakar on March 13-14 for a summit of the Organisation of the Islamic Conference (OIC).
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Microsoft and Yahoo! in 'informal' merger talks
"); Microsoft and Yahoo! are holding informal merger discussions, marking a shift from the "radio silence" that previously existed between the two companies, according to a source familiar with the ...
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Evraz to buy Canada plate, pipe unit for $2.3 billion
Evraz said it had agreed to buy IPSCO's Tubulars business for $4.025 billion and to sell on IPSCO's U.S. tubular and seamless business to Russian pipe maker TMK (TRMKq.L:
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UPDATE 1-Reinsurer Paris Re Q4 profit falls, to return capital
Research ) on Friday reported lower fourth quarter profit which it said reflected lower pricing in the sector and writing fewer contracts, but proposed to return capital to its shareholders.
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  • Epocrates plans initial public offering, no terms disclosed (AP)

    Epocrates Inc., a provider of electronic medical information to health care professionals, said Thursday it plans an initial public offering of common stock but did not disclose any terms in its filing with the Securities and Exchange Commission.

  • Climate change warms Arctic, cools Antarctica

    WASHINGTON, May 2 (Reuters) - The Arctic and Antarctica are poles apart when it comes to the effects of human-fueled climate change, scientists said on Friday: in the north, it is melting sea ice, ...