Friday, August 20, 2010
U.S. stocks decline as economic woes linger
U.S. STOCKS DECLINE AS ECONOMIC LINGER
U.S. stocks fall, paced by companies with strong international
exposure, as the euro sinks to a one-month low and the dollar surges.
POTASH REPORTEDLY SEEKS NEW OFFER TO COUNTER BHP
Canada's Potash is reportedly considering alliances with global
companies that could put together a competing offer to
Anglo-Australian miner BHP Billiton's hostile $38.6 billion bid for
the fertilizer giant.
KNOC LAUNCHES $2.9 BILLION HOSTILE BID FOR DANA
Korea National Oil Corp. goes hostile with its acquisition bid for the
U.K.'s Dana Petroleum, whose board rejected an earlier approach.
MCAFEE HAS WHAT INTEL WANTS: A RISING STOCK
Before you can fix something, you first have to recognize that it's
broken, writes Tomi Kilgore. That might be the best thing about Intel
Corp.'s bid to buy McAfee Inc.
TREASURY YIELDS FALL TO NEW LOWS ON SAFE-HAVEN BID
Treasury prices stake out fresh gains as yields shrink further,
playing off falling global stocks and U.S. equity futures as well as
selling in the euro against the dollar.
