Bear Stearns Chairman sells $61.3 million of stock
The banks helped ensure the deal would be approved earlier this week when JPMorgan agreed to buy 95 million newly issued Bear Stearns shares, equal to a 39.5 percent stake in the company. Bear's board...
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Indonesia's PGN 2007 net profit fell 17 pct
JAKARTA, March 28 (Reuters) - Indonesia's gas distribution company, PT Perusahaan Gas Negara (PGN), on Friday reported a 16.9 percent fall in its 2007 net profit as the firm was hit by $55 million ...
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U.S. states urge FCC constraints on XM-Sirius deal
Attorneys general from 11 states including Ohio, Missouri, Connecticut and Iowa told the FCC they were "disappointed" by Justice Department antitrust regulators' decision on Monday to let the deal pro...
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Deal value slumps as credit crunch hits -- data
NEW YORK, March 27 (Reuters) - The value of deals struck in the United States slumped 56 percent to $195.8 billion in the first three months of this year as the credit crunch thwarted buyers' abili...
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Spring brings opportunities and big risks
LONDON (Reuters) - Investors are entering the second quarter of the year in two minds -- one says there are scary things going on, keep your money close; the other says it's time to buy.

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Tata drives onto global stage with Jaguar and Land Rover
MUMBAI (Reuters) - Indian business baron Ratan Tata has proved detractors wrong before, and needs to do it again as he parks luxury car brands Jaguar and Land Rover in an auto empire that includes the world's cheapest car.

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Santander UK fund starts buying banks
LONDON (Reuters) - Santander UK Growth Fund said it has dipped back into buying banks with a slight overweight as they are cheap at a time when liquidity injections by major central banks is helping alleviate short-term cash pressure.

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  • Apollo, Cerberus Seek Paper Profits With IPOs

    Extract not available.

  • Oman-India JV firm readies for IPO

    India's Bharat Oman Refineries, an equal joint venture between state-run Bharat Petroleum Corporation Limited (BPCL) and Oman Oil Company, has filed papers for an initial public offer, a senior company official said. 'We are coming to the market with a