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Archive for August, 2010

Asia stocks gain as yen nears 15-year high

August 31st, 2010
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SINGAPORE (Reuters) – Asian stocks rose on Wednesday as investors cheered a manufacturing rebound in China and stronger-than-expected growth in Australia, while the yen inched up toward a 15-year peak against the dollar.



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financials

Burger King has been considering sale: source

August 31st, 2010
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NEW YORK (Reuters) – Burger King Holdings Inc , the No. 2 U.S. hamburger chain, has been considering a possible sale and has held talks with potential buyers, a source familiar with the situation said on Wednesday.



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China manufacturing picks up, India going strong

August 31st, 2010
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BEIJING (Reuters) – China’s manufacturing sector regained some momentum in August while India and Russia continued to power ahead, cheering investors in the face of signs that sputtering U.S. recovery was cooling global demand.



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financials

Burger King has been considering sale – source

August 31st, 2010
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NEW YORK, Sept 1 (Reuters) – Burger King Holdings Inc
, the No. 2 U.S. hamburger chain, has been considering a
possible sale and has held talks with potential buyers, a source
familiar with the situation said on Wednesday.


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financials

UPDATE 2-Burger King been considering sale -source

August 31st, 2010
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* Been considering sale, talked to potential buyers-source


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financials

Market Chatter — Corporate finance press digest

August 31st, 2010
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BANGALORE, Sept 1 (Reuters) – The following corporate
finance-related stories were reported by media on Wednesday:


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financials

Lazard buyout arm says sells D&B Australia

August 31st, 2010
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MELBOURNE, Sept 1 (Reuters) – Lazard Ltd’s
Australian private equity arm said on Wednesday it has sold the
credit monitoring business Dun & Bradstreet Australia for A$233
million ($209 million), deciding against an initial public
offering.


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financials

HK’s CKI says looking at over 10 potential projects

August 31st, 2010
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HONG KONG, Sept 1 (Reuters) – Cheung Kong Infrastructure
(CKI) said it was looking at more than 10 projects in
Europe, North America, Australia and New Zealand, after it struck
a $9 billion deal to buy Britain’s biggest power network.


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financials

China may probe BHP’s bid for Potash -paper

August 31st, 2010
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BEIJING, Sept 1 (Reuters) – China may launch an antimonopoly
probe into BHP Billiton’s $38.6 billion bid for
Canada’s Potash Corp , the China Business News said on
Wednesday, citing a source familiar with the matter.


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financials

UPDATE 1-China Strategic disappointed at AIG unit sale outcome

August 31st, 2010
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* Shares to remain suspended until decision made
(Adds company comment)


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financials