IPO News
UPDATE 1-FAA to check safety compliance at all US airlines
WASHINGTON, March 18 (Reuters) - U.S. aviation inspectors were ordered on Tuesday to review maintenance records at all domestic airlines to ensure that carriers have complied with safety orders and...
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Unilever sees no effect from U.S. slowdown
"We have not witnessed it yet, our business is still strong," said Bauke Rouwers, Unilever's senior vice president of foods for its Americas region, when asked if he had seen the U.S. slowdown affecti...
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Peet's says back in market for coffee beans
Research ) Chief Executive Patrick O'Dea on Tuesday said the premium coffee seller is back in the market for beans as prices have fallen from last month's record highs.
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MGIC to offer $350 million in stock
All Associated Press news MILWAUKEE (AP) - The nation's largest mortgage insurer, MGIC Investment Corp., said Tuesday it will offer $350 million in common stock to help it raise capital.The Milwaukee-...
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Buckeye to offer 2.3 million units
All Associated Press news BREINIGSVILLE, Pa. (AP) - Buckeye Partners LP, an oil transport and storage company, said Tuesday it will offer 2.3 million limited partnership units in a registered offering...
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MGIC to sell shares to raise capital
All Associated Press news MILWAUKEE, Wis. (AP) - Troubled mortgage insurer MGIC Investment Corp. said Tuesday it will sell $350 million in shares to boost the capital base of its Mortgage Guaranty Ins...
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Alexandria to sell $250M in stock
All Associated Press news PASADENA, Calif. (AP) - Alexandria Real Estate Equities Inc. plans to sell $250 million in stock to raise money to pay off debt, the landlord said Tuesday.In a sale managed b...
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Analysts got Bear Stearns wrong
WASHINGTON (Reuters) - Relying on Wall Street research analysts to warn about the meltdown of Bear Stearns Cos was a losing proposition.

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CDS market adds to banks' risks
LONDON (Reuters) - The $45 trillion credit derivatives market, created as a way for banks to hedge their lending, is now also contributing to the risks that banks will fail.

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Northern Rock shrinks lending book
LONDON (Reuters) - Northern Rock plans to cut 2,000 jobs and shrink its lending book by 50 billion pounds as it seeks to comply with European rules for its state rescue and repay billions of pounds of taxpayers' money.

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CardioNet cuts IPO to 3.4 mln shares at $18-$20 each
March 18 (Reuters) - CardioNet Inc on Tuesday cut its initial public offering size to 3.4 million common shares and lowered the estimated price range of the offering to $18 to $20 a share.
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  • EU criticises Russia over entry visa red tape

    MOSCOW, April 8 (Reuters) - Russian immigration red tape is so cumbersome many Europeans are leaving rather than trying to comply, European Union embassies have told the government in the latest ro...

  • Peru police, indigenous group clash at Pluspetrol

    LIMA, March 22 (Reuters) - One police officer was killed and five others wounded in a clash with indigenous workers who took over a plant of the Argentine energy company Pluspetrol in Peru's Amazon...