MGM expected to draw six bids by March 19
Published Wednesday, March 10, 2010
Six companies are expected to make binding offers for storied Hollywood studio Metro-Goldwyn-Mayer by a newly set March 19 deadline, a source familiar with the situation said on Tuesday. Read More |
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Barclays looking for U.S. retail bank to buy: report
Published Wednesday, March 10, 2010
British bank Barclays Plc is looking to buy a retail bank in the United States to extend its presence after buying Lehman Brothers North American operations in 2008, the Wall Street Journal reported on Tuesday, citing people close to the matter. Read More |
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Gold falls 1 pct as rally loses steam
Published Tuesday, March 9, 2010
Gold fell 1 percent on Monday on technical selling and liquidation by investors of positions added last week to cushion currency volatility from the Greek debt crisis.
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U.S. dollar down, markets eye Greece
Published Tuesday, March 9, 2010
The euro rose slightly against the U.S. dollar on Monday as concerns about Greece's indebtedness eased, while U.S. equities ended little changed after last week's rally.
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MetLife seals Alico deal after two-year quest
Published Tuesday, March 9, 2010
MetLife Inc (MET.N) pursued AIG's (AIG.N) foreign life insurance business for two years before finally clinching a $15.5 billion purchase that will give it beachheads in 47 nations from Peru to Bangladesh.
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AIG nears $15 billion deal to sell unit to MetLife: sources
Published Monday, March 8, 2010
American International Group Inc was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for about $15 billion, in a transaction that would ultimately leave AIG with more than 20 percent of MetLife, sources familiar with the situation said. Read More |
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Anglo seeing "strong interest" in its zinc assets
Published Monday, March 8, 2010
Global miner Anglo American said it had received "strong interest" in its zinc assets but would not confirm that Vedanta Resources and HudBay Minerals were the front-runners to acquire them. Read More |
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AbitibiBowater gets tentative deal with union
Published Monday, March 8, 2010
AbitibiBowater Inc has reached a tentative labor deal affecting about 4,000 workers, bringing the newsprint maker closer to emerging from bankruptcy protection, the company and union said on Sunday. Read More |
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Europe will stand by Greece, says Sarkozy
Published Monday, March 8, 2010
French President Nicolas Sarkozy promised Greece on Sunday that euro zone countries would help it overcome its financial problems and vowed a European crackdown on financial speculators Athens blames for its woes. Read More |
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A business ripe for the picking?
Published Sunday, March 7, 2010
Selena Cuffe is hoping to leverage the upcoming World Cup of soccer to promote the wines and stories of black-owned South African vineyards. Read More |
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