Archive for May 2nd, 2008
Friday, May 2nd, 2008
(Adds earnings details, international business, share price) NEW YORK, May 2 (Reuters) - Power company Duke Energy Corp(DUK.N: Quote, Profile, Research) on Friday posted a 30 percent rise in first-quarterprofit, beating Wall Street forecasts on gains in its wholesalepower business. ...
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Friday, May 2nd, 2008
LONDON, May 2 (Reuters) - London-listed Ceramic Fuel CellsLtd (CFU.L: Quote, Profile, Research) said on Friday it planned to raise around 7 millionpounds ($13.9 million) in a placing of 35 million new shares. The new shares will be issued at 20 ...
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Friday, May 2nd, 2008
FRANKFURT, May 2 (Reuters) - Private bank Sal. Oppenheim hasjoined private equity company Kohlberg Kravis Roberts & Co (KKR)[KKR.UL] to bid for a stake in German conglomerate EvonikIndustries [RUHR.UL], sources familiar with the matter said. They said on Friday KKR would ...
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Friday, May 2nd, 2008
(Adds details, background, share movement) May 2 (Reuters) - Piper Jaffary upgraded MedAssets Inc(MDAS.O: Quote, Profile, Research), a provider of cost management services to healthcarecompanies, to "buy" from "neutral," citing valuation and thecompany's recent acquisition of Accuro Healthcare Solutions. ...
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Friday, May 2nd, 2008
LONDON, May 2 (Reuters) - The financial backing for the saleof French power conversion firm Converteam is taking shape,banking sources said on Friday. Converteam, which could fetch over 1 billion euros ($1.6billion), is being sold by Barclays (BARC.L: Quote, Profile, Research) ...
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Friday, May 2nd, 2008
TORONTO, May 2 (Reuters) - A court hearing to considerapproval of a restructuring plan for Canada's asset backedcommercial paper market has been rescheduled tentatively to May12 and May 13, a Canadian judge said on Friday. Ontario Superior Court Justice Colin Campbell ...
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Friday, May 2nd, 2008
BOSTON, May 2 (Reuters) - General Electric Co (GE.N: Quote, Profile, Research) saidon Friday it has received approval from the U.S. Food and DrugAssociation to resume manufacturing at an X-ray machine factorylocated in Salt Lake City, Utah, that has been closed for morethan 20 months ...
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Friday, May 2nd, 2008
WINNIPEG, Manitoba, May 2 (Reuters) - Canada's transportregulator said it has dismissed a request from a group of grainshippers to order Canadian National Railway (CNR.TO: Quote, Profile, Research) to stopusing a new system to distribute rail cars. The railway's new program ...
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Friday, May 2nd, 2008
NEW YORK, May 2 (Reuters) - Fresh off its strongest monthin nearly a year, the dollar looks set to extend its rally nextweek on signs the Federal Reserve is on hold after seven monthsof aggressive interest rate reductions that drove the U.Scurrency to record lows. ...
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Friday, May 2nd, 2008
By Eric Onstad LONDON, May 2 (Reuters) - Miner BHP Billiton (BLT.L: Quote, Profile, Research)continues to be in discussions with EU competition officialsbefore filing a submission about its planned takeover of rivalRio Tinto (RIO.L: Quote, Profile, Research), a BHP spokesman said ...
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