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RIM's hiring of banker wouldn't signal sale: source

If Research In Motion Ltd were to hire an investment bank it would be to help it license its BlackBerry software or to negotiate a strategic investment, not to help it sell the company, a source close to RIM said on Thursday.

Spanish Debt Sale Holds Markets In Check

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German bond yields hovered near record lows and the euro held steady on Thursday ahead of bond auctions by Spain and France that are key to investor confidence in Europe's ability to tackle growing economic and fiscal problems.
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Starboard to AOL: Patent sale not enough

Activist hedge fund Starboard Value, dissatisfied with AOL's $1 billion deal to sell the majority of patents to Microsoft Corp , has filed with U.S. regulators for the nomination of three of its candidates to the board of the Internet firm.
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Icahn sues Amylin, pushes for sale

Carl Icahn sued Amylin Pharmaceuticals Inc to block enforcement of a bylaw that prevents the billionaire investor from launching a proxy fight that could lead to a sale of the maker of diabetes drugs.
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Wall Street down on stimulus doubts, Spain debt sale

Stocks fell for a second day on Wednesday as investors contemplated a world without monetary stimulus and a poorly received bond auction in Spain suggested the effects of Europe's funding operations were waning.
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Wall St down on stimulus doubts, Spain debt sale

Stocks fell for a second day on Wednesday as investors contemplated a world without monetary stimulus and a poorly received bond auction in Spain suggested the effects of Europe's funding operations were waning.
People are reflected on a portrait of U.S. artist Andy Warhol during an exhibition in Madrid

Andy Fields Purchases Genuine Andy Warhol Sketch Worth $2 Million for $5 at Garage Sale

Andy Fields, a businessman in England, claims he found Pop Art sketch drawn by a young Andy Warhol at a garage sale and purchased it for $5. Fields purchased the sketch in 2010 in Las Vegas for $5 from a man who claims his aunt cared for Warhol as a child. The drawing of Rudy Vallee in Pop Art style is signed by Warhol and dates back to the 1930's, when the infamous pop artist was just 10 or 11-years-old and is worth more than $2 million today.
A pelican flies as a drilling platform is pictured near Breton Island, Louisiana May 3, 2010.

Public Meetings Scheduled Ahead of Gulf Coast Oil Exploration

The Bureau of Ocean Energy Management, the U.S. authority issuing permits to drill for oil and gas, announced Monday it will be hosting a series of public meetings ahead of a new round of oil and natural gas development lease offerings in the Gulf of Mexico.
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Sino-Forest granted protection to start sale process

A Canadian court has granted Sino-Forest Corp protection from its creditors and has approved an agreement with some of its noteholders to start the process of selling the embattled Chinese forestry company.
BlackBerrys

RIM Shares Jump 7% On Takeover, Recovery Plays

Friday's surge may have been a reaction to RIM's new CEO, Thorsten Heins, who said he's conducting a strategic review of the company, indicating a sale of some or all of its assets is possible.
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Sino-Forest seeks approval for sale or restructure

Sino-Forest Corp has asked a Canadian bankruptcy court to approve an agreement providing for either the sale of the embattled Chinese forestry company to a third party, or a restructuring enabling note holders to acquire nearly all of its assets.
A dump truck at Rio Tinto's Pilbara operation in Australia

Rio Tinto Explores Sale Of Diamond Operations

Rio Tinto PLC said Tuesday it is mulling ways to sell off its diamond operations, as the world's third-largest mining company tries to divest mines it says may no longer fit its growth strategy.

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