KDB ends talks with Goldman on Daewoo sale
(Reuters)
Reuters - A top shareholder in Daewoo Shipbuilding
and Marine Engineering Co Ltd (042660.KS) said on Sunday it had
withdrawn from talks to have Goldman Sachs manage the
sale of the South Korean shipbuilder.
Reuters - Westpac Banking Corp Ltd , which
has bid $17.6 billion for St George Bank in the
biggest banking takeover ever in Australia, is bracing for
rival offers to emerge that could push the price tag even
higher.
Reuters - U.S. exports have been helped by a
weaker dollar and this is providing a boost to an otherwise
weak economy, Federal Reserve Bank of Atlanta President Dennis
Lockhart said on Saturday.
Reuters - Stocks finished little changed on
Friday as surging oil prices lifted energy shares and offset
data that showed consumer confidence sank to its lowest in 28
years.
Reuters - U.S. consumer confidence tumbled to a
28-year low this month as rising prices strained household
finances, while another drop in single-family housing starts
underscored problems still plaguing the economy.
AP - Treasury Secretary Henry Paulson said Friday that financial markets are "considerably calmer" now than they were two months ago. He predicted the economy will be rebounding by the second half of this year.
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AFP - A deadline for Take-Two Interactive Software shareholders to agree to a buyout by video game giant Electronic Arts has passed with neither firm commenting on the takeover bid's fate.
Compuware 2.0 set as rebirth of company
(InfoWorld)
InfoWorld - Looking to sharpen its business focus, Compuware this week launched its "Compuware 2.0" campaign, which is being characterized by the 35-year-old software tools vendor as a rebirth of the company.