Archive for May 3rd, 2008

Microsoft raises offer for Yahoo above USD 31 per share

Saturday, May 3rd, 2008

Microsoft Corp finally dangled a higher takeover bid in front of Yahoo Inc, hoping to reach a friendly deal after weeks of saber rattling.The Redmond, Washington-based software maker upped its offer beyond the original value of USD 44.6 billion, or USD 31 per share, according to a person familiar with ...

Divine intervention to help king of Nepal?

Saturday, May 3rd, 2008

Kathmandu, May 3: King Gyanendra of Nepal is seeking divine blessings to halt the expected abolition of ...

Airbus talks on site sales may end -paper

Saturday, May 3rd, 2008

FRANKFURT, May 3 (Reuters) - European aircraft maker Airbus(EAD.PA: Quote, Profile, Research) may run into further problems on selling some of itsfactory sites and be forced to delay some deliveries on its A380superjumbo, according to German media reports. The divestment of ...

‘Inflation to fall in 3 months to 6%’

Saturday, May 3rd, 2008

Mumbai, May 3: Inflation is expected to reduce to 6 per cent in the next three months from ...

India close to clinching ASEAN free trade deal

Saturday, May 3rd, 2008

Nusa Dua, Indonesia, May 3: India is close to clinching a free trade deal with Southeast Asian nations, ...

D.Telekom eying possible Sprint buy: report

Saturday, May 3rd, 2008

FRANKFURT (Reuters) - Deutsche Telekom (DTEGn.DE: Quote, Profile, Research) is looking at a possible purchase of U.S. wireless company Sprint Nextel (S.N: Quote, Profile, Research), a German magazine said on Saturday. Managers at Deutsche Telekom were studying different options such as a takeover ...

SONIC Acquires Heavy Oil Upgrading Technology

Saturday, May 3rd, 2008

SONIC Technology Solutions Inc. announced that it has agreed to terms to acquire all of the issued and outstanding shares of Northern Oil Research Technologies Inc., an Alberta based oil process development company. NORT has developed and patented a low pressure and temperature chemical process for upgrading heavy crude oil ...

Anterra Announces Fourth Quarter, 2007 Year End Financial Results

Saturday, May 3rd, 2008

Anterra Energy Inc. released its financial and operating results for the three months and year ended December 31,2007.HIGHLIGHTS:- Revenue from oil and gas production increased 30.5% to $6,114,831 in 2007 compared to 2006. At $1,838,801, revenue for the fourth quarter more than doubled over the same period last year.- In ...

Mavrix Announces Lead Portfolio Management Responsibility Change

Saturday, May 3rd, 2008

Malvin Spooner, Chief Executive Officer and Chief Investment Officer of Mavrix Fund Management Inc. today announced the following streamlining initiatives to the Mutual Fund line-up.Ms. Jackee Pratt, Vice President & Portfolio Manager, will assume the lead management role for the Mavrix Income Fund. Ms. Pratt currently manages the Mavrix Canada ...

Aberdeen Asia-Pacific Announces Performance Data

Saturday, May 3rd, 2008

Aberdeen Asia-Pacific Income Investment Company Limited (TSX: FAP), a closed-end investment company trading on The Toronto Stock Exchange, today announced performance data and portfolio composition details as of March 31, 2008.As of March 31, 2008, the Company's net assets, including C$169.3 Million in bank borrowing, amounted to C$573.6 Million. The ...