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Global Markets overview 09/03/2011

U.S. stocks ended higher on Tuesday, as oil prices eased to below $105 a barrel and financials rallied on upbeat profit forecast from the Bank of America.
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Tomotherapy Hi Art

TomoTherapy Shares Hit New High On Accuray Merger

Shares of TomoTherapy Inc. (NASDAQ: TOMO) touched a new 52-week high of $4.70 on Monday after it agreed to be acquired by Accuray Inc. (NASDAQ: ARAY) for $4.80 a share in cash and stock or a total of about $277 million.
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SEC may take administrative route in insider cases

NEW YORK, March 7 - When the Securities and Exchange Commission brought charges against former Goldman Sachs director Rajat Gupta in an administrative proceeding -- rather than in federal court -- it signaled a possible new front in the SEC's pursuit of insider-trading cases.
A couple sitting on a bench.

Women think men with low voices cheat more: study

Men with low voices cheat more, and women realize this fact, according to a study led by Jill O'Connor of McMaster University. The study appeared in Evolutionary Psychology and tackles the subject purely from an evolutionary perspective.
Iraq’s largest oil refinery, Baiji

Iraq stocks surge on strong pent-up demand

Pent-up demand has resulted in a surge in Iraqi stocks due to political gains and lifting of UN sanctions, says investment management company Global Capital Investments.
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EXFO Shares Hit New High

Shares of EXFO Inc (NASDAQ: EXFO) touched a new 52-week high of $12.86 on Friday. The company said it extends its optical transport network testing capabilities to qualify 100G/40G Ethernet client services.
Shanghai to set up insurance exchange -state media

Shanghai to set up insurance exchange -state media

China plans to set up an insurance exchange in Shanghai as part of efforts to build the city into an international financial centre, the state media said on Monday, citing top insurance regulator Wu Dingfu.
China Overseas Land says to focus on major cities

China Overseas Land says to focus on major cities

China Overseas Land and Investment Ltd (0688.HK), one of the country's biggest developers, will focus on business in affluent first- and second-tier cities in the future, Chairman Kong Qingping said over the weekend.
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Russia initiative to woo private equity: source

International private equity firms may be tempted to Russia by two potential initiatives -- a fund and a committee to look at investment in the country, a source briefed on the situation said on Sunday.
State parent says supports div cuts by Chinese banks

State parent says supports div cuts by Chinese banks

Central Huijin Investment Co, the domestic arm of China's $300 billion sovereign fund, will give its full backing to its banking units if they need to cut dividends or raise money to meet tougher capital rules, a senior Central Huijin executive said on Sunday.

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