Robert W. Baird downgraded its rating on shares of RSC Holdings Inc. (NYSE: RRR) to neutral from outperform following United Rentals Inc.'s (NYSE: URI) intention to buy RSC Holdings for $18 per share.
Balasubramanyam Seshan
Dec 19, 2011
Regus specializes in short-term, flexible office leasing. The company has expanded to over 92 countries with 1,200 locations, and with the soft economy, it is poised to continue growth.
Roland Li
Dec 14, 2011
Mwana Africa reported a narrower first-half loss, driven mainly by a jump in production at its Freda Rebecca gold mine in Zimbabwe, and said it continued to be in talks with the government there about the issue of turning over a 51 percent stake to locals.
Mike Obel
Dec 12, 2011
Gold miner Polyus Gold's plans for a premium listing on the London Stock Exchange have been delayed, after an investment committee chaired by prime minister Vladimir Putin said it would not consider approval for the move until 2012.
Mike Obel
Nov 28, 2011
Jefferies downgraded its rating on shares of Logica Plc (London Stock Exchange: LOG) to underperform from hold and lowered its price target to 60 pence from 85 pence.
Balasubramanyam Seshan
Nov 23, 2011
Exchanges Deutsche Boerse AG and NYSE Euronext will sell some businesses and give rivals access to a major derivatives clearing house in concessions aimed at winning support from antitrust regulators for their $9 billion merger.
IBT Staff Reporter
Nov 18, 2011
Gold producer Centamin Egypt Ltd said it plans to set up a new parent company, to be redomiciled in Jersey, that it hopes will attract further international investor interest.
Mike Obel
Nov 11, 2011
The operator of Canada's largest stock market has thrown its support behind a C$3.8 billion ($3.8 billion) takeover offer from a group of banks and pension funds, embracing the deal four months after a failed attempt to merge with the London Stock Exchange.
IBT Staff Reporter
Oct 31, 2011
Russian miner Polymetal's placement book for its London listing is more than 50 percent subscribed after the company opened it a day before, two sources close to the deal told Reuters on Tuesday.
Mike Obel
Oct 25, 2011
Demonstrators have been camped outside the beloved church since Saturday, presenting health and safety concerns.
Palash Ghosh
Oct 21, 2011
As Occupy Wall Street has grown to be one-month-old national and international movement, the movement's economic impact has been undeniable - at least in the form of donations.
IBT Staff Reporter
Oct 19, 2011
Those attending the London protests appeared to be students, unemployed college graduates, elderly pensioners and even passing tourists.
Palash Ghosh
Oct 15, 2011
Russian gold and silver miner Polymetal has secured a $100 million investment from Moscow investment bank VTB Capital as part of its planned listing on the London Stock Exchange, the company's deal prospectus showed on Friday.
Mike Obel
Oct 14, 2011
Tahrir Square in Cairo, Green Square in Tripoli, Syntagma Square in Athens and now Zuccotti Park in New York -- popular anger against entrenching power elites is spreading around the world.
IBT Staff Reporter
Oct 11, 2011
In a large, high-ceilinged office adorned with dark damask wallpaper, 59-year-old Chris Gilbert sits below two opulent chandeliers, talking with enthusiasm about the marble producing company he set up at the start of the year.
IBT Staff Reporter
Oct 07, 2011
Russian precious metals miner Polymetal is seeking a premium listing on the London Stock Exchange, raising about $500 million in a move it hopes will catapult it into the FTSE 100 bluechip index and hand it currency for acquisitions.
Mike Obel
Sep 30, 2011
The Singapore Stock Exchange Ltd is tying up with London's main bourse to make a joint bid for the London Metal Exchange, a source told Reuters on Friday, as the world's largest metal market seeks a suitor in a deal that could be worth 1 billion pounds ($1.57 billion).
IBT Staff Reporter
Sep 30, 2011
Interest in the London Metal Exchange as a takeover target has snowballed and the number of suitors has risen to double digits because business is booming with volumes at record levels, its chief executive Martin Abbott said.
IBT Staff Reporter
Sep 28, 2011
Shares of Ivanhoe Mines fell more than 12 percent on Monday after Mongolia said it plans to renegotiate a landmark deal related to the development of the huge Oyu Tolgoi copper-gold project.
Mike Obel
Sep 26, 2011
Gold will continue to serve as a hedge against risk on a longer-term basis despite recent falls, given the lack of other safe-haven assets to protect investors against global economic uncertainty, a manager at Stenham Asset Management said.
Mike Obel
Sep 26, 2011
Copper slumped to a 14-month low on Monday, adding to sharp falls from the last three weeks, as fears of a Greek debt default and the threat of a global recession sparked heightened concerns about demand for industrial metals.
Mike Obel
Sep 26, 2011
Hewlett-Packard has extended the deadline for its $11.2 billion takeover of British software company Autonomy, with analysts predicting the U.S. firm is on course to succeed.
IBT Staff Reporter
Sep 13, 2011