IPO News
EMC, Iomega Begin Merger Talks
EMC has increased its offer for Iomega, and the offer appears to be good enough to open merger talks between the two (see href="http://www.enterprisestorageforum.com/industrynews/article.php/3733116">...
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Renewable Energy files to withdraw IPO plans
March 17 (Reuters) - Renewable Energy Group Inc on Monday filed with U.S. regulators to withdraw a planned initial public offering of its common stock, citing current market conditions.
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Burned investors call their lawyers
Reuters’ Martha Graybow reports , but they are already exploring possible legal avenues, according plaintiffs’ lawyers who specialize in suing large corporations. “We’ve been ...
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FOREX-US dollar slumps in wake of Fed's emergency measures
NEW YORK, March 17 (Reuters) - The U.S. dollar tumbled to a 12-1/2 year low against the Japanese yen on Monday, and also saw record lows against the euro and the Swiss franc, as emergency liquidity...
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POLL-U.S. crude supply seen up again on imports
NEW YORK, March 17 (Reuters) - U.S. crude oil inventories likely rose 2.4 million barrels last week, lifted by another increase in imports, a preliminary poll of eight industry analysts showed on M...
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Euro stocks tank on finance fears
' onclick="javascript:this.select();" /> Mar. 17 - The "fire sale" of Bear Stearns at the weekend and the Bank of England's liquidity boost reinforced investor fears that more bank shocks were still...
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Banks need to raise more capital
WASHINGTON, March 17 (Reuters) - U.S. Senate Banking Committee Chairman Christopher Dodd on Monday said he agrees that banks need to raise more capital to cushion against financial shocks in light ...
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When you see the Fed relying on tools that haven't been used since the Depression, it's alarming.
The Fed made an emergency quarter-percentage-point cut to its discount rate to 3.25 percent on Sunday and expanded lending to a wider range of big financial firms, in the first such move since the ...
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USDA resists deep changes to meat, poultry rules
WASHINGTON (Reuters) - U.S. safeguards on the meat and poultry industry do not need a major overhaul, the Agriculture Department said on Monday, despite a record meat recall this year and lawmakers' g...
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Dannon CEO not worried about economy
CHICAGO (Reuters) - The slowing U.S. economy has not had any impact on Dannon Co Inc yogurt sales in the United States and its chief executive is unworried.
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Visa seen as IPO anomaly
All Associated Press news NEW YORK (AP) - As Visa Inc. readies for what promises to be the largest initial public offering in U.S. history on Wednesday, analysts generally feel it won't do much to jol...
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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...