Deals du jour
State Street is selling $2 billion of stock, Morgan Stanley expects more listed company share sales and billionaire Kirk Kerkorian strikes his latest deal, and more. Here are the latest deal-related stories:
State Street sells stock, takes $3.7 billion charge
Morgan Stanley exec sees more follow-ons
Kerkorian buys MGM Mirage shares, stake now 42 percent
Fujitsu eyes more M&A to boost software operations
Lehman seeks OK to probe Barclays payment
Kona Grill shareholder offers to take company private
Morgan Stanley to sell remaining stake in MSCI
And in the morning papers:
The U.S. Treasury has preliminarily granted BlackRock Inc a second-recond interview to buy toxic assets from U.S. banks, using taxpayer money, the Wall Street Journal said on its website.
German retailer Arcandor AG‘s Chief Executive, Karl-Gerhard Eick, said he opposed Metro AG‘s proposal to combine the two companies’ department store chain, Sueddeutsche Zeitung reported. Reuters story here.
The European covered bond market is showing strong signs of recovery due to the European Central Bank’s decision to buy the securities, reported the Financial Times. Here’s how Reuters reported the ECB’s move earlier this month.

