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Oil drops in Asia as stock markets extend slide

<ul><li>BANGKOK – Oil prices extended losses Monday in Asia as stock markets fell and hopes faded for a sudden revival in energy demand.</li><li>Benchmark crude for March delivery was down 23 cents at $72.66 a barrel by early af…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |

Citi plans sale of private equity unit – Bloomberg

NEW YORK, Jan 31 (Reuters) – Citigroup Inc plans to
sell or spin-off its $10 billion Citi Private Equity unit in
order to cut its debt, Bloomberg reported on Sunday, citing
people familiar with the matter.

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

Apple’s own approach to iPad e-books could confuse

<ul><li>NEW YORK – Even as Apple’s iPad will likely energize electronic reading, the new device is undermining a painstakingly constructed effort by the publishing industry to make it possible to move e-books between different electronic re…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |

Disney looking to sell Miramax unit-NY Times

NEW YORK, Jan 31 (Reuters) – Walt Disney Co is looking to sell what is
left of its Miramax film unit, which could bring in more than $700 million, The New
York Times reported on Sunday, citing a mergers and acquisitions expert with knowledge
of the pr…

[ More ] February 1st, 2010 | No Comments | Posted in Acquisitions, Mergers |
 

Apple’s own approach to iPad e-books could confuse

<ul><li>NEW YORK – Even as Apple’s iPad will likely energize electronic reading, the new device is undermining a painstakingly constructed effort by the publishing industry to make it possible to move e-books between different electronic re…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |

Porn crash killer

<ul><li>A truck driver was watching pornographic films on his laptop computer when he ran into a car in New York, killing the driver. </li><li>Thomas Wallace has been charged with manslaughter.</li><li>(c) 2010 Daily…

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

Fortress founder eyes healthcare, transportation

NEW YORK, Jan 29 (Reuters) – Fortress Investment Group Inc
is looking for healthcare and transportation
opportunities, areas where it already has significant
investments, founder and Co-Chairman Wesley Edens said on
Friday.

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

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 |

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 29th, 2010 | No Comments | Posted in Acquisitions, Mergers |

Solar energy initiative aired: Power Authority plan entails 100 megawatts produced across state

<ul><li>Jan. 29–NIAGARA FALLS Â… </li><li>All kinds of public buildings under the sun, from schools to libraries to city halls, will be targeted as installation sites under a new state initiative to develop solar energy….

[ More ] January 29th, 2010 | No Comments | Posted in Stock Markets |