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Vodafone and Liberty face battle for Kabel Deutschland
Reuters* Kabel Deutschland seeks binding bids in two weeks * Anti-trust authorities to study any Liberty Global deal * Liberty Global has bought UK's Virgin Media, Dutch stake * Vodafone leverage lower than telecom peers By Paul Sandle and Sophie Sassard...Tags: Deutsche Telekom AG, Antitrust Issues, Government, Finance, John Malone
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US high-yield market keeps careful eye on Fed
ReutersBy Rachelle Kakouris June 18 (IFR) - With the Fed starting its two-day meeting on Tuesday, the high-yield market is awaiting clues on when the central bank will wind down its bond-buying program - and that has meant an uninspiring session thus far today....Tags: Bonds, Finance, Morgan Stanley Dean Witter & Company, S&P 500, Rite Aid Corp.
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Jefferies profit slumps as fixed-income trading takes a hit
ReutersJune 18 (Reuters) - Investment bank Jefferies Group LLC, which is now part of Leucadia National Corp, reported a 34 percent drop in quarterly profit as uncertainty about the U.S. Federal Reserve's stimulus program hurt fixed-income trading. Net income...Tags: Real Estate Buyers, Leucadia National Corporation, Banking, Morgan Stanley Dean Witter & Company, Investment Service
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MOVES-Goldman Sachs, Willis Group, MilleniumAssociates
ReutersJune 18 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email to moves@thomsonreuters.com. GOLDMAN SACHS GROUP The investment bank appointed Ian Gilday as head of...Tags: Willis Group Holdings Ltd., Finance
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EXCLUSIVE-SunGard explores $2 bln data unit sale -sources
ReutersNEW YORK, June 18 (Reuters) - SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, several people familiar with the...Tags: Blackstone Group, L.P., Silver Lake (Staten Island, New York), Bain Capital, LLC
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Exclusive: SunGard explores $2 billion data unit sale - sources
ReutersNEW YORK (Reuters) - SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, several people familiar with the matter...Tags: Blackstone Group, L.P., Financing and Stock Offerings, Silver Lake (Staten Island, New York), Finance, Hurricane Katrina (2005)
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UAE revives bourse merger proposal after huge aluminium deal -sources
Reuters* Proposal has been discussed on and off for years * Now being looked at again as emirates seek efficiencies * Could boost turnover, attract foreign institutions * Aluminium merger showed emirates ready to cooperate * Goldman Sachs has been adviser...Tags: Thomson Corporation, Restructuring and Recapitalization, Dubai (United Arab Emirates), NASDAQ, Finance
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Japan's Nikkei rises, spurred by defensive buying,
ReutersTOKYO (Reuters) - The Nikkei share average edged higher on Monday as buying in defensive stocks reversed early losses. The Nikkei added 0.4 percent to 12,7329.85 after trading as low as 12,549.82 on the back of weak U.S. stocks on Friday. Monday's gain...Tags: Japan, Takeda Pharmaceutical Company Limited, Central Bank, Federal Reserve, Shinzo Abe
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GLOBAL MARKETS-Asian shares reverse losses, capped before Fed meeting
Reuters* MSCI Asia ex-Japan up 0.5 pct, Nikkei advances 1.2 pct * Dollar recovers vs yen, but stays near lows against major currencies * Copper rises on short covering after steep weekly losses By Chikako Mogi TOKYO, June 17 (Reuters) - Asian shares recouped...Tags: Thomson Corporation, Japan, Central Bank, Money and Monetary Policy, Weather Reports
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RPT-DEALTALK-Cheap foreign loans spur India's outbound M&A march
ReutersBy Sumeet Chatterjee and Denny Thomas MUMBAI/HONG KONG, June 17 (Reuters) - Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to Indian corporates hungry to expand beyond their home state. The...Tags: Thomson Corporation, Rentals, Money and Monetary Policy, Corus Group Plc, Bank of America Corp.
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Samsung analysts ask hard questions as S4 marketing charm wears off
Reuters* Marketing magic, Samsung's track record behind bullish forecasts * Analysts say time for Samsung to focus on mid-end smartphone segment * Samsung shares down 10 percent in one week By Miyoung Kim SEOUL, June 17 (Reuters) - Analysts fell under...Tags: Weather Reports, Earnings, Bank of America Corp., Marketing, Apple iPhone
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Cheap foreign loans spur India's outbound M&A march
ReutersMUMBAI/HONG KONG (Reuters) - Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to Indian corporates hungry to expand beyond their home state. The stream of financing offers from banks such as...Tags: Thomson Corporation, Rentals, Money and Monetary Policy, Corus Group Plc, Bank of America Corp.
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