(Reuters) - Analysts had expected the company to earn 21 cents a share,
according to Reuters Estimates.
Read more at Reuters.com Market News
according to Reuters Estimates.
Read more at Reuters.com Market News
Monday, July 23, 2007
UPDATE 2-Transocean to buy GlobalSantaFe
(Reuters) - The oil services sector has been rife with rumors of
link-ups in recent months, fueled by speculation that companies
would seek mergers to gain market share and take advantage of
the huge spending increases in the energy sector, particularly
for the development of offshore fields.
"This is the type of transaction shareholders have been
clamoring for," said Mark Urness, an analyst with Calyon
Securities.
Read more at Reuters.com Bonds News
link-ups in recent months, fueled by speculation that companies
would seek mergers to gain market share and take advantage of
the huge spending increases in the energy sector, particularly
for the development of offshore fields.
"This is the type of transaction shareholders have been
clamoring for," said Mark Urness, an analyst with Calyon
Securities.
Read more at Reuters.com Bonds News
Cameco, CN Rail and Southwestern Resources May Move: Canada Equity Preview
(Bloomberg) -- The following is a list of companies
whose shares may have unusual price changes in Canadian markets.
This preview includes news that broke after markets closed.
Symbols are in parentheses after company names and prices are
from the last close.
The Standard & Poor's/TSX Composite Index rose 42.89, or 0.3
percent, to 14,582.87.
Read more at Bloomberg Stocks News
whose shares may have unusual price changes in Canadian markets.
This preview includes news that broke after markets closed.
Symbols are in parentheses after company names and prices are
from the last close.
The Standard & Poor's/TSX Composite Index rose 42.89, or 0.3
percent, to 14,582.87.
Read more at Bloomberg Stocks News
Virgin Media asks suitors for first bids: sources
(Reuters) - Private equity firm Carlyle Group was behind the initial offer, sources familiar with the situation said at the time. Virgin Media's market capitalization is $9.1 billion and it has another $12 billion of long-term debt.
Since then about 10 other suitors have expressed an interest, some of whom are likely to team up with each other.
Read more at Reuters.com Mergers News
Since then about 10 other suitors have expressed an interest, some of whom are likely to team up with each other.
Read more at Reuters.com Mergers News
UPDATE 1-InterGen cuts bond size, ups yields -source
(Reuters) - The iTraxx Crossover index , the most closely
watched barometer of European credit sentiment, widened another
15 basis points to trade as high as 358 basis points on Monday,
after a steep 34 basis-point rise on Friday.
InterGen now plans to price $1.2 billion to $1.3 billion of
10-year bonds at 99.189 with a coupon of 9 percent to yield
9.125 percent; 175 to 200 million pounds of 10-year bonds at
99.209 with a coupon of 9.5 percent to yield 9.625 percent; and
160 to 185 million euros of 10-year bonds with a coupon of 8.5
percent to yield 8.625 percent, the source said.
Read more at Reuters.com Bonds News
watched barometer of European credit sentiment, widened another
15 basis points to trade as high as 358 basis points on Monday,
after a steep 34 basis-point rise on Friday.
InterGen now plans to price $1.2 billion to $1.3 billion of
10-year bonds at 99.189 with a coupon of 9 percent to yield
9.125 percent; 175 to 200 million pounds of 10-year bonds at
99.209 with a coupon of 9.5 percent to yield 9.625 percent; and
160 to 185 million euros of 10-year bonds with a coupon of 8.5
percent to yield 8.625 percent, the source said.
Read more at Reuters.com Bonds News
Dollar losses keep gold near 10-week high
(Reuters) - Spot gold stood at $683.05/683.65 a troy ounce at 1008 GMT compared with $682.90/$683.70 late in New York on Friday when it touched $686, the highest since May 9 and a gain of more than $20 since last Monday.
"All the indicators look positive, the weaker dollar against the euro and steady oil," said Robin Bhar, analyst at UBS.
Read more at Reuters.com Hot Stocks News
"All the indicators look positive, the weaker dollar against the euro and steady oil," said Robin Bhar, analyst at UBS.
Read more at Reuters.com Hot Stocks News
Barclays lifts ABN offer with China, Singapore help
(Reuters) - British bank Barclays has raised its bid for Dutch group ABN AMRO to 67.5 billion euros, helped by some of the biggest ever overseas investments by China and Singapore.
Barclays said on Monday its new bid was 42.7 billion euros in shares and 24.8 billion euros in cash, up from its previous all-stock offer of 65 billion euros but still below a rival 71 billion euro offer from a group of European banks led by Royal Bank of Scotland.
Read more at Reuters Africa
Barclays said on Monday its new bid was 42.7 billion euros in shares and 24.8 billion euros in cash, up from its previous all-stock offer of 65 billion euros but still below a rival 71 billion euro offer from a group of European banks led by Royal Bank of Scotland.
Read more at Reuters Africa
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