Archive for May, 2010

Russian IPOs Leave Chinese Buyers Cold as Deripaska Seeks Sales

Monday, May 31st, 2010

Billionaire Oleg Deripaska, who listed his United Co. Rusal in Hong Kong this year, says the city is Russia’s best chance to tap into Asian economic growth. Investors, who have watched debt-laden Rusal slump, are yet to be persuaded. Find more info about Russian IPOs Leave Chinese Buyers Cold as Deripaska ...

Health Law Having Effect On Managed-Care Firms, Medical Suppliers

Monday, May 31st, 2010

Managed-care firms may be positioned for a rebound on the stock market, The Wall Street Journal reports. "Over the past two years, the Standard & Poor's 500 managed-care index has fallen about 19%, weighed down by the health overhaul bill, weak economy and specific industry issues. But now that the ...

Trichet Says ECB ‘Fiercely Independent,’ Stable Prices Mandate

Monday, May 31st, 2010

European Central Bank President Jean- Claude Trichet said the ECB is fiercely independent and took the decision to purchase bonds without any government influence. Find more info about Trichet Says ECB ‘Fiercely Independent,’ Stable Prices Mandate photos videos pictures. read more

Zell Sees Bargain in Brazil Property on Strong Growth (Update2)

Monday, May 31st, 2010

Gafisa SA, Brazil’s second-biggest homebuilder by revenue, is trading at the lowest level relative to earnings in 14 months after the shares slid 24 percent this year. Guilherme Reboucas, a money manager at Itau Unibanco Holding SA, said the stock is too cheap to pass up. Find more info about Zell ...

Sebelius: Employers Should Quickly Offer Coverage To Workers’ Children Up To Age 26

Monday, May 31st, 2010

Health and Human Services Secretary Kathleen Sebelius Thursday urged employers to extend health insurance to children of their employees up to age 26 before a provision in the new law requiring them to do so takes effect later this year, The New York Times reports. Many insurers have already made ...