Archive for July 3rd, 2008

Valero shut leaking pipe in Ca. - filing

Thursday, July 3rd, 2008

NEW YORK, July 3 (Reuters) - Valero Energy Corp (VLO.N: Quote, Profile, Research, Stock Buzz) shut anunderground pipe near its 139,000 barrel per day refinery in Wilmington,California, according to a filing with state environmental regulators. About six barrels of raffinate, an ...

UPDATE 1-Poland postpones IPO of power group Enea

Thursday, July 3rd, 2008

(Adds details) WARSAW, July 3 (Reuters) - Poland has delayed the listing ofpower group Enea, the largest initial public offering plannedfor the Warsaw bourse this year, a deputy treasury minister toldReuters on Thursday. "The debut was postponed ...

BA deal with American and Iberia seen possible soon

Thursday, July 3rd, 2008

LONDON (Reuters) - British Airways (BAY.L: Quote, Profile, Research, Stock Buzz), American Airlines and Spain's Iberia (IBLA.MC: Quote, Profile, Research, Stock Buzz) could secure a transatlantic joint venture and seek antitrust immunity within a week, a source briefed on the matter said on Thursday. ...

UPDATE 1-Hedge fund swindler Israel denied bail, jailed

Thursday, July 3rd, 2008

(Adds details of hearing, description of Israel) NEW YORK, July 3 (Reuters) - Hedge fund swindler SamuelIsrael III faced a fresh charge of bail jumping on Thursday andwas ordered to jail immediately, one day after his motherconvinced him to end a ...

CORRECTED - UPDATE 1-US in period of slow growth amid job losses-W.House

Thursday, July 3rd, 2008

(Corrects day of week in 4th paragraph)) WASHINGTON, July 3 (Reuters) - The White House said onThursday a report showing a sixth straight month of job lossesin June was another sign of slower U.S. economic growth. "The ...

Ask.com closes acquisition of Dictionary.com

Thursday, July 3rd, 2008

SAN FRANCISCO, July 3 (Reuters) - Ask.com, the Web searchunit of IAC/InterActiveCorp (IACI.O: Quote, Profile, Research, Stock Buzz), has closed an all-cashdeal to acquire Lexico Publishing Group LLC, the owner ofpopular reference sites Dictionary.com and Thesaurus.com. Lexico of Long Beach, California, ...

US copper slides after weak US jobs, ECB rate talk

Thursday, July 3rd, 2008

NEW YORK, July 3 (Reuters) - U.S. copper futures gave up a large chunkof their steep day-earlier gains following Thursday's release of gloomyU.S. employment data and ECB president Trichet's comments suggestingEuropean interest rates would hold steady, which boosted the dollar,traders said. ...

BA, American, Iberia deal possible soon-source

Thursday, July 3rd, 2008

LONDON, July 3 (Reuters) - British Airways (BAY.L: Quote, Profile, Research, Stock Buzz), AmericanAirlines and Spain's Iberia (IBLA.MC: Quote, Profile, Research, Stock Buzz) could secure atransatlantic joint venture and seek antitrust immunity within aweek, a source briefed on the matter said on Thursday. ...

UPDATE 1-US 30-, 15-year mortgage rates fall in latest week

Thursday, July 3rd, 2008

(Adds quotes, background) WASHINGTON, July 3 (Reuters) - U.S. 30- and 15-yearmortgage rates fell in the latest week, according to a surveyreleased on Thursday by home funding company Freddie Mac. U.S. 30-year mortgage rates inched lower to ...

Canada IPOs plunge in quarter; no summer lift seen

Thursday, July 3rd, 2008

TORONTO, July 3 (Reuters) - The value of initial publicofferings on Canadian stock exchanges fell 16 percent in thesecond quarter to a record low, and the IPO market appearsheaded for its worst year this decade, according to a regularsurvey released on Thursday by PricewaterhouseCoopers. ...