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Miner Vedanta mulls spinoffs to boost value-report

LONDON, Jan 31 (Reuters) – London-listed mining group
Vedanta Resources is considering a spinoff of up to six
of its businesses to boost its overall market value, the
Independent newspaper reported, citing unnamed bankers.

[ More ] January 31st, 2010 | No Comments | Posted in Acquisitions, Mergers |

Northumbrian Water eyed by Canada pension fund-report

LONDON, Jan 31 (Reuters) – British utility Northumbrian
Water could receive a 1.7 billion pound takeover offer
from a Canadian pension fund, the Sunday Times reported, citing
unnamed sources.

[ More ] January 31st, 2010 | No Comments | Posted in Acquisitions, Mergers |
 

Furniture retailer DFS eyed by Permira – report

LONDON, Jan 31 (Reuters) – British buyout firm Permira has
teamed up with retail executive John Lovering to launch a bid
for furniture retailer DFS, the Sunday Times reported without
citing sources.

[ More ] January 31st, 2010 | No Comments | Posted in Private Equity, Sectors |

Harrison County surpasses state, nation in job growth

<ul><li>Jan. 31–FAIRMONT — According to a West Virginia University study, Harrison County is surpassing the state and nation in job growth. </li><li>The WVU College of Business and Economics’ Bureau of Business and Economic Re…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |
 

Manufacturing seems to be an afterthought in Washington

<ul><li>Jan. 31–President Barack Obama’s State of the Union address last week included the obligatory references to creating jobs. </li><li>The "Jobs for America" report provided a prescription for the nation’s beleag…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

City seeks sidewalk solution: Official: Rules not ?routinely’ enforced

<ul><li>Jan. 31–Morgantown officials use "common sense" to enforce a city law that requires property owners to repair their own sidewalks, City Manager Dan Boroff said. </li><li>The Dominion Post asked Boroff for the …

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |
 

2000 green energy jobs target in Fife ; MESSAGE BOARD

<ul><li>UP to 2000 green jobs could be headed to Fife if the region fulfils its potential to become a centre of excellence for renewable energy.</li><li>Fife Council claim firms in the area are ready to invest pounds 400million …

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

Commonwealth reworks report; loss widens $15M

<ul><li>Jan. 30–NORFOLK — Under pressure from regulators, the parent of Bank of the Commonwealth said Friday that it will restate its financial results for the nine months through Sept. 30 and increase its reserve for loan losses by more …

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

A Growing Share Of American’s Income Comes From The Government

While most eyes were focused on the better-than-expected gross domestic product data for last year’s fourth quarter, this week’s report from the Commerce Department’s Bureau of Economic Analysis also included details on U.S. personal income.

[ More ] January 30th, 2010 | No Comments | Posted in Stock Markets, Trading News |

UPI NewsTrack Business

<ul><li>Obama: Deficit reduction ‘critical’</li><li>WASHINGTON, Jan. 29 (UPI) — U.S. President Barack Obama Saturday said "it is critical that we rein in" budget deficits that put economic recovery at risk.</li>…

[ More ] January 30th, 2010 | No Comments | Posted in Stock Markets |