Home » July 31st, 2011 Entries posted on “July, 2011”

Validus urges takeover target Transatlantic to talk (Reuters)

Reuters – Reinsurer Validus Holdings Ltd on Sunday urged target Transatlantic Holdings Inc to enter into discussions over its proposed takeover and said its offer is superior to one from Allied World Assurance Co .

July 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Validus urges takeover target Transatlantic to talk (Reuters)

Reuters – Reinsurer Validus Holdings Ltd on Sunday urged target Transatlantic Holdings Inc to enter into discussions over its proposed takeover and said its offer is superior to one from Allied World Assurance Co .

July 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Lawmakers close to deal to avoid default (Reuters)

Reuters – Lawmakers were close to a last-ditch $3 trillion deal on Sunday to raise the U.S. borrowing limit and assure jittery financial markets that the United States will avoid a potentially catastrophic default.

July 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Futures bounce as investors sense debt deal (Reuters)

Reuters – U.S. stock index futures jumped at the start of electronic trading on Sunday evening as investors bet that lawmakers in Washington were set to reach a deal on raising the country’s debt limit.

July 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Commercial Metals sets rights plan after Icahn buy (Reuters)

Reuters – Commercial Metals Co said on Sunday it has adopted a stockholder rights plan, making it harder for activist investor Carl Icahn to take a bigger stake in the steel maker.

July 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Commercial Metals sets rights plan after Icahn buy (Reuters)

Reuters – Commercial Metals Co said on Sunday it has adopted a stockholder rights plan, making it harder for activist investor Carl Icahn to take a bigger stake in the steel maker.

July 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Deal or no deal? Markets bracing for Monday (AP)

July 31st, 2011 | Posted in Finance,Stock Market | Read More »

Default cloud hangs over U.S. job market (Reuters)

Reuters – The terrifying prospect of a U.S. debt default has left a cloud over businesses already reeling from the economy’s tepid performance, and likely left them reluctant to ramp up hiring in July.

July 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Default cloud hangs over U.S. job market (Reuters)

Reuters – The terrifying prospect of a U.S. debt default has left a cloud over businesses already reeling from the economy’s tepid performance, and likely left them reluctant to ramp up hiring in July.

July 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Default cloud hangs over U.S. job market (Reuters)

Reuters – The terrifying prospect of a U.S. debt default has left a cloud over businesses already reeling from the economy’s tepid performance, and likely left them reluctant to ramp up hiring in July.

July 31st, 2011 | Posted in Finance,Latest Business News | Read More »