Cemex says offer for Australia's Rinker unconditional

(Reuters) - Cemex, the world's No. 3 cement maker, said in a statement it had support from owners of 50.34 percent of Rinker shares.



Cemex had extended the deadline for its offer to June 22 from June 8. Last month it lowered the level of acceptances needed for a successful bid from 90 percent to 50 percent.


Read more at Reuters.com Mergers News

Miners, Vodafone lift FTSE, BoE rate decision eyed

(Reuters) - The FTSE 100 of Britain's leading shares edged up 0.3 percent on Thursday as miners and Vodafone boosted the market ahead of the Bank of England's interest rate verdict at 1100 GMT.

Economists expected rates to remain steady at 5.5 percent, although a hike to 5.75 percent is widely expected this year.


Read more at Reuters Africa

Olkiluoto-2 Nuclear Reactor in Finland Halted This Morning, Operator Says

(Bloomberg) -- Teollisuuden Voima Oy, a Finnish
power producer, halted production at its Olkiluoto-2 reactor.

The 860-megawatt unit at Olkiluoto was stopped at 8:55 a.m.
local time today, the plant's operator said in a note
distributed by the Nord Pool ASA power exchange. No further
details were provided.


Read more at Bloomberg Energy News

European Stocks Erase Advance as Ericsson Declines; BBVA, UBS Decline

(Bloomberg) -- European stocks erased gains as
Ericsson AB declined. Banco Bilbao Vizcaya Argentaria SA and UBS
AG led banking shares lower.

The Dow Jones Stoxx 600 Index lost 0.2 percent to 389.32 as
of 8:49 a.m. in London. The Stoxx 50 was little changed at
3886.87, while the Euro Stoxx 50, a measure for the 13 nations
sharing the euro, slid 0.2 percent.


Read more at Bloomberg Stocks News

CORRECTED-UTi Worldwide 1st-quarter net falls

(Reuters) - The Rancho Dominguez, California-based company reported net income of $18.1 million or 18 cents a share for its fiscal 2008 first quarter ending April 30 compared with $19.3 million or 20 cents a share a year earlier.



Wall Street analysts had on average expected earnings per share for the quarter of 16 cents, according to Reuters Estimates.


Read more at Reuters.com Market News

FTSE 100 Stocks Advance, Led by Vodafone; BHP Billiton, DSG Shares Rise

(Bloomberg) -- U.K. stocks advanced, led by
Vodafone Group Plc, the world's largest mobile-phone company.

BHP Billiton paced an increase in shares of mining
companies. DSG International Plc also gained.


Read more at Bloomberg Stocks News

Ahold says looking at small, not big acqusitions

(Reuters) - "We are always looking at small, fill-in acquisitions,"
Moberg told reporters on a conference call, adding that a large
acquisition was not a priority for the retailer.




Belgium's Delhaize , has been cited by analysts as
a potential merger partner for Ahold.


Read more at Reuters.com Market News