(Bloomberg) -- Turkish stocks rose after the country's highest court annulled the first round of presidential voting and the government called for early parliamentary elections.
Shares of Eregli Demir & Celik Fabrikalari TAS, the country's largest steelmaker, and Anadolu Efes Biracilik & Malt Sanayii AS paced the advance.
Read more at Bloomberg Stocks News
Wednesday, May 2, 2007
Mexico's OMA posts 6 percent rise in 1st-qtr net
(Reuters) - Revenues in the first quarter rose 10 percent to 436 million pesos.
Read more at Reuters.com Market News
Read more at Reuters.com Market News
US March factory orders rise surprising 3.1 pct
(Reuters) - Aside from transportation orders, factory orders rose 1.9 percent after being unchanged in February. February orders excluding transportation were first reported as a 0.4 percent decline.
Orders for durable goods, items meant to least three years or longer, also rose a bigger-than-expected 3.7 percent in March. Analysts were expecting durables orders to gain 3.3 percent.
Read more at Reuters.com Economic News
Orders for durable goods, items meant to least three years or longer, also rose a bigger-than-expected 3.7 percent in March. Analysts were expecting durables orders to gain 3.3 percent.
Read more at Reuters.com Economic News
Cablevision says to go private in deal with Dolans
(Reuters) - The Dolans will contribute approximately $2.1 billion in equity to the transaction through reinvestment of their current shares in a new company. Merrill Lynch & Co., Bear, Stearns & Co. Inc., and Bank of America will provide another $15.5 billion in debt financing.
Read more at Reuters.com Bonds News
Read more at Reuters.com Bonds News
Sweden to Sell 8 Percent of TeliaSonera, Worth $2.9 Billion, to Investors
(Bloomberg) -- Sweden will sell a 19.7 billion-krona ($2.9 billion) stake in telephone company TeliaSonera AB to institutional investors in the new government's first asset sale.
Deutsche Bank AG and UBS AG will manage the disposal of 8 percent of the Stockholm-based company, the biggest Swedish share sale in almost five years. Sweden will remain TeliaSonera's largest shareholder with a 37.3 percent stake.
Read more at Bloomberg Stocks News
Deutsche Bank AG and UBS AG will manage the disposal of 8 percent of the Stockholm-based company, the biggest Swedish share sale in almost five years. Sweden will remain TeliaSonera's largest shareholder with a 37.3 percent stake.
Read more at Bloomberg Stocks News
Teva Pharma raises 2007 EPS forecast to $2.20-$2.30
(Reuters) - Analysts, on average, were expecting Teva to earn $2.11 on a GAAP basis and $2.12 before items, according to Reuters Estimates.
Read more at Reuters.com Market News
Read more at Reuters.com Market News
Saudi Arabia Denies Oil Minister Al-Naimi Said Prices Are in a `Bubble'
(Bloomberg) -- Saudi Arabia's Oil Minister Ali al- Naimi didn't describe oil prices as being in a ``bubble,'' according to an oil ministry official who declined to be identified by name.
Earlier, South Korea's energy ministry quoted al-Naimi in a statement as saying there's ``a bubble in current prices.''
Read more at Bloomberg Energy News
Earlier, South Korea's energy ministry quoted al-Naimi in a statement as saying there's ``a bubble in current prices.''
Read more at Bloomberg Energy News
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