| Huawei-3Com deal threatens U.S. security: lawmakers ), saying a Chinese company's role in the $2.2 billion transaction "threatens the national security of the United States." Led by Florida Rep. Ileana Ros-Lehtinen, the House of Repr ...[more] |
| Olin to sell metals business for $400 mln ) said on Monday that it had agreed to sell its metals business to a subsidiary of Global Brass and Copper Holdings, Inc., an affiliate of KPS Capital Partners, LP, for $400 million. < ...[more] |
| Marathon-Western deal OK'd by Canada ) said on Monday that Canada's Minister of Industry approved the company's purchase of Western Oil Sands Inc WTO.TO. Marathon said in order to receive the approval it agreed to make ...[more] |
| MGM Energy takes first outside stake in Arctic pipe ) said on Monday it is booking space on a portion of the proposed C$16.2 billion ($16.7 billion) Mackenzie Valley natural gas pipeline, and taking an option to buy a stake in the Arctic line's gas- ...[more] |
| Biogen 'for sale' sign turns spotlight on Genzyme ) decision to put itself up for sale has cast the spotlight on cross-town rival Genzyme Corp (), whose shares rose as much as 7 percent on Monday amid speculation it will be the next to be acquired ...[more] |
| Genzyme stock soars on acquisition talk, drug data ) rose as much as 7 percent on Monday amid speculation the biotechnology company could be a takeover target after rival Biogen Idec Inc () put itself up for sale. Genzyme shares wer ...[more] |
| Banks set up fund to bail out investment vehicles The banks' pool, which a source said could be around $80 billion, is meant to stave off the risk that certain investment funds would have to dump assets at fire sale prices. Such forc ...[more] |
| Canada says US bank fund may ease market pressure "Early indications are that the plan may reduce selling pressure on structured asset markets and thereby limit the need for financial institutions to recognize mark-to-market losses and poten ...[more] |
| Banks get burned again and again by cheap funding The interplay between long-term assets and short-term funding can pose a fundamental problem for banks, said Steven Davidoff, a law professor at Wayne State University who writes about capita ...[more] |
| HSBC says has not joined talks for U.S. mortgage fund ), Europe's biggest bank, said on Monday it has not participated in talks with big U.S. banks forming an $80 billion fund to buy ailing mortgage securities and other assets, and added there are no ...[more] |
| FACTBOX: Facts about structured investment vehicles SIVs use short-term funding, such as asset-backed commercial paper to buy longer-term assets such as bank debt and asset-backed securities. The freeze in the commercial paper market this summ ...[more] |