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UPDATE 1-Market Chatter — Corporate finance press digest

BANGALORE, Feb 1 (Reuters) – The following corporate
finance-related stories were reported by media on Monday:

[ More ] February 1st, 2010 | No Comments | Posted in Private Equity, Sectors |

UPDATE 1-Kuwait’s KIA invested $750 mln in US firm BlackRock-TV

KUWAIT, Jan 31 (Reuters) – Kuwait Investment Authority (KIA)
invested about $750 million in U.S. asset manager BlackRock
last year, and eyes investments in Asia and Latin
America in 2010, KIA’s managing director told Al Arabiya TV.
“Last May we inve…

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

Bankers’ summit ; Update

<ul><li>INTERNATIONAL bankers and government officials met yesterday to discuss proposed financial reforms they feel are threatening economic recovery.</li><li>Duncan Niederauer, chief executive of stock exchange operator NYSE E…

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

UPDATE 3-U.S. electric carmaker Tesla files for IPO

* IPO timing capitalizes on environmental enthusiasm
(Recasts with investor interest, paragraph 1; adds details of
pay, private plane use, paragraphs 20-23)

[ More ] January 30th, 2010 | No Comments | Posted in Private Equity, Sectors |
 

PetroKamchatka Plc (TSXV: PKP) Provides Financial Results for the Second Quarter Ended November 30, 2009 and an Operations Update

<ul><li>/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ </li><li>CALGARY, Jan. 29 /CNW/ – PetroKamchatka Plc ("PetroKamchatka" or the "Corporation"), a Jersey …

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

Law on gas drilling still in flux, public told: A panel offers an update on legislation, which turns out to center on money.

<ul><li>Jan. 29–BENTON — With interest increasing in drilling for natural gas in the Marcellus Shale, there’s a whole swirl of legislation related to it being considered in Harrisburg, but much of it comes down to money. </li><li…

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

UPDATE: Bonanza Oil & Gas Announces Update

<ul><li>Bonanza Oil and Gas, Inc. a Nevada Corporation (OTCBB: BGOI) (the "Company"), an independent oil and gas company, is pleased to provide an update on the Company. </li><li>The Company is also pleased to announce…

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

UPDATE 1-BlackRock says Ken Wilson joins as vice chairman

NEW YORK, Jan 29 (Reuters) – BlackRock Inc said on
Friday that Kendrick Wilson, a former U.S. Treasury Department
adviser and veteran investment banker, will join the world’s
biggest asset manager as vice chairman and member of the
chairman’s office.

[ More ] January 30th, 2010 | No Comments | Posted in Acquisitions, Mergers |

Market Closing Update: Stocks Lower, Dow’s 3.5% January Decline is Biggest in 11 Months

Stock averages close lower and near the bottom of Friday’s range after a volatile session. The major averages shed between 0.5% and 1.5%. The blue-chip DJIA ends January down 3.5%, its biggest monthly decline in 11 months. The S&P 500 ends January …

[ More ] January 30th, 2010 | No Comments | Posted in Industries, Retail |

UPDATE 1-Camargo calls off Cimpor merger proposal

LISBON, Jan 29 (Reuters) – Brazilian construction group
Camargo Correa on Friday withdrew a proposal to merge its cement
operations with Portugal’s Cimpor , the target of a
takeover bid by Brazilian steelmaker CSN , but
indicated it was still intereste…

[ More ] January 29th, 2010 | No Comments | Posted in Acquisitions, Mergers |