Sunday, June 3, 2007

BP, Whitbread, Glaxo, Anglo American May Move: U.K., Irish Equity Preview

(Bloomberg) -- The following stocks may rise or fall
in U.K. and Irish markets today. Stock symbols are in parentheses
and prices are from the previous market close.

The benchmark FTSE 100 Index rose 55.3, or 0.8 percent, to
6676.7 in London. The FTSE All-Share Index gained 27.82, or 0.8
percent, to 3466.52. Ireland's ISEQ Index increased 108.58, or
1.1 percent, to 9963.44.


Read more at Bloomberg Stocks News

European Energy Stocks, Shell May Rise; Daimler, Peugeot Might Fall

(Bloomberg) -- European energy stocks may advance
after Citigroup Inc. raised its forecast for Brent crude this
year and upgraded shares of Royal Dutch Shell Plc, the region's
biggest oil company.

DaimlerChrysler AG and PSA Peugeot Citroen may decline after
their U.S.-traded securities dropped.


Read more at Bloomberg Stocks News

Roche says cancer drug MabThera extends survival

(Reuters) - Non-Hodgkin's lymphoma affects 1 million people worldwide.
It is estimated that 360,000 people die each year from the
disease.




Click on [nL04158021] for the company statement.


Read more at Reuters.com Government Filings News

GM's relations with suppliers improving: study

(Reuters) - Toyota Motor Corp. and Honda Motor Co. Ltd.
were rated first and second respectively and held
broad leads over others as automakers that North American auto
parts suppliers most want to do business with, it found.




Nissan Motor Co. Ltd. finished third and
DaimlerChrysler AG fourth in the study.


Read more at Reuters.com Business News

O Canada, Four-Month Currency Rally Reveals `Glorious and Free' Days Ahead

(Bloomberg) -- In 1976, Montreal hosted the summer
Olympics, Toronto's CN Tower became the world's tallest
structure, a Gordon Lightfoot single reached No. 2 on the pop
charts and Canada's currency was worth about one U.S. dollar.

Thanks to growing exports of oil, copper and lumber, the
Canadian dollar may reach that rate of exchange for the first
time in 31 years, according to former Canadian Finance Minister
John Manley. Canadian Imperial Bank of Commerce, National Bank
of Canada and State Street Corp. say the currency may become as
valuable as the U.S. dollar within 12 months.


Read more at Bloomberg Currencies News

Ping An Insurance Will Broaden Overseas Investments Once China Rules Allow

(Bloomberg) -- Ping An Insurance (Group) Co., China's
second-biggest insurer, plans to buy into emerging-market
financial companies and infrastructure after the government
broadens the scope for overseas investment by insurers.

``We want to diversify risk away from our China portfolio,''
Chief Operating Officer Louis Cheung said at a press briefing in
Hong Kong on June 1. ``Investment channels like long-term
corporate bonds are underdeveloped in China, so putting more
money into overseas holdings will help cover our long-term
liabilities.''


Read more at Bloomberg Emerging Markets News

U.S. Treasury Yields Hold Near Highest Since August on Outlook for Growth

(Bloomberg) -- U.S. 10-year Treasury yields held at
their highest since August on speculation economic growth will
quicken as hiring and manufacturing pick up.

Inflation expectations among traders rose to the highest in
three weeks, judging by yields. Ten-year Treasury inflation
protected securities yielded 2.39 percentage points more than
conventional notes, the widest spread since May 8. The
difference represents the rate of inflation investors expect
over the life of the securities.


Read more at Bloomberg Bonds News