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Archive July/2008


Printing a New Chapter

When James Grippando de­­­cided to write a children’s book, it was a drastic departure for the lawyer-turned-novelist. His crime and legal thrillers—many of which feature the exploits of fictional criminal

Mickey Sherman, Unplugged

With his regular gigs on several news networks, it’s easy to forget that talking legal head Mickey Sherman actually practices law for a living—his office is in Stamford, Conn. And

Merrill Nears Deal to Sell Bloomberg Stake: Report

NEW YORK (Reuters) - Merrill Lynch & Co <MER.N> may sell its 20 percent stake in financial news and data provider Bloomberg LP to a blind trust controlled by New

EU Opens In-depth Investigation of Rio-BHP Deal

BRUSSELS (Reuters) - The European Commission opened an in-depth investigation on Friday into BHP Billiton's <BHP.AX><BLT.L> $170 billion unsolicited bid for rival miner Rio Tinto <RIO.L>, with prices of iron

BCE Buyers Finalize Funding

TORONTO (Reuters) - The buyers of telecoms company BCE Inc are sticking to the agreed C$42.75 per-share purchase price and have delivered the funding documents needed for the deal to

BHP Last to Sign Iron Ore Price Pact With Baosteel

SYDNEY/HONG KONG (Reuters) - BHP Billiton Ltd/Plc <BHP.AX><BLT.L> has matched takeover target Rio Tinto Ltd/Plc <RIO.AX><RIO.L> with a near doubling in contract iron ore prices, ending months of talks and

Weak Dollar is Global Concern: EU’s Barroso

BRUSSELS (Reuters) - The dollar's fall is a source of global concern and the European Union wants a better balance between the U.S. unit and other major currencies, European Commission

European Banks Need to Raise 60-90 Billion Euros: Goldman

(Reuters) - Goldman Sachs said the European banks sector needs to raise about 60 billion to 90 billion euros ($94 to $141 billion), or withhold one year of dividends, to

Infineon Shares Up Over 5 Percent on Takeover Talk

FRANKFURT (Reuters) - Shares in German chipmaker Infineon <IFXGn.DE> rose more than 5 percent on Friday, with traders citing unspecified takeover rumors.

UK Bank B&B Ups Rights Issue Size After TPG Quits

LONDON (Reuters) - Bradford & Bingley <BB.L> plans to increase its rights issue to 400 million pounds ($794 million) after U.S. private equity firm TPG Capital pulled out of a