Blackstone, Goldman Among Nine Buyers for UTI Stake, Mint Says
By Subramaniam Sharma
Feb. 23 (Bloomberg) — Blackstone Group LP, Goldman Sachs
Group Inc., Shinsei Bank Ltd. are among nine investors chosen by
UTI Asset Management Co. for selling 16 million shares, or [...]
Accentures Work in Saying Whom to Fire Buoys Shares (Update3)
By Matthew R. Miller
Feb. 22 (Bloomberg) — T. Rowe Price Associates Inc. is
betting more than $800 million that Accenture Ltd., the worlds
second-largest management-consulting company, will thrive as the
global economy slows. [...]
Australia Stocks: Ceramic Fuel, Henderson, Leighton, Suncorp
By Emma OBrien
Feb. 28 (Bloomberg) — Australias benchmark S%26amp;P/ASX 200
declined 58.70 or 1.1 percent to 5,703.70 as at 10:45 a.m. in
Sydney, snapping a three-day gain. The broader All Ordinaries index
lost 1 percent to [...]
Australian Stocks Drop, Led by Banks on Rates, Credit Concerns
By Emma OBrien
Feb. 28 (Bloomberg) — Australias S%26amp;P/ASX 200 index snapped a
three-day rise, led by financial stocks after Suncorp Metway Ltd.
reported a slide in profit and Goldman Sachs JBWere Ltd. [...]
Liberty Group 2007 Net Rises on Stanlib, Life Sales (Update1)
By Vernon Wessels
Feb. 28 (Bloomberg) — Liberty Group Ltd., South Africas
third-largest insurer, said full-year profit advanced 5.6
percent, helped by the acquisition of Stanlib Ltd. and
rejuvenated life-policy sales. [...]
Hong Kong Stocks Climb for Third Day; Developers Lead Advance
By Hanny Wan
Feb. 28 (Bloomberg) — Hong Kong stocks rose for a third
day, led by real-estate companies, as comments from the U.S.
Federal Reserves chairman fueled speculation the central bank
will cut [...]
Australias Business Investment Rebounds on China (Update3)
By Jacob Greber
Feb. 28 (Bloomberg) — Australian business investment
rebounded in the fourth quarter, after falling the most in eight
years, as mining companies such as Rio Tinto Group expanded to
meet Chinese demand for iron [...]
At Fannie Mae, Mind the Fair Value, not the GAAP: Jonathan Weil
Commentary by Jonathan Weil
Feb. 28 (Bloomberg) — Fannie Mae, the government-sponsored
mortgage company, yesterday reported a net loss of $3.55 billion
for the fourth quarter and a $2.05 billion net [...]
Vulture Fund Deals With Delinquent Homeowners Lost by Subprime
By Kambiz Foroohar
Feb. 28 (Bloomberg) — A muddy gravel road winds uphill
through a redwood forest to Jake Terhunes $985,000 home just
outside of Geyserville, in the heart of Californias Sonoma
County wine region. [...]
Latvia, Croatia, Caixa Geral to Sell Debt: European Bond Alert
By Shelley Smith
Feb. 28 (Bloomberg) — Croatia is among borrowers seeking
to raise the equivalent of at least 3.5 billion euros ($5.2
billion) from sales of bonds in euros and pounds, according [...]
