Unstructured Finance

Auto stocks gain

May 31, 2010

Shares in auto companies posted decent gains on Monday on hopes of strong sales in May.

Gulf closed, Shell points to shale

May 28, 2010

While Royal Dutch Shell could well have been working on its $4.7 billion cash deal to buy privately held East Resources before the BP blowout on April 20, the deal could become a beacon for others looking trying to figure out how to expand away from sucking crude through deepwater rigs and towards natural gas and solid land.

Amtek India rises on open offer

May 28, 2010

INDIA-STOCKS/
Shares in Amtek India pared early gains of over 10 percent on Friday to close 3.5 percent up.

Check Out Line: Wanna own a piece of Toys “R” Us, again?

May 28, 2010

TOYSCheck out Toys R Us’ IPO filing.

After months of speculation, Toys R Us finally filed its application to go public again in an offering of as much as $800 million, which makes it one of the largest deals in the U.S. IPO pipeline.

Tata Steel climbs after early losses

May 27, 2010

INDIA/

Tata Steel’s warning on profit growth saw its shares drop nearly 2 percent in early trade on Thursday, but the counter pared losses lateto close 1.7 percent up.

Results revive Man

May 27, 2010

Some good news for Man Group this morning as its shares soared 6.5 percent on this morning’s full-year results.

Mahindra gaining focus on Auto front

May 26, 2010

REVA
Mahindra & Mahindra rose over 2.5 percent after the vehicles and tractor maker said on Wednesday it would buy a 55.2 percent stake in Reva Electric Car Company.

Pru gets an earful over AIA deal

May 26, 2010

RiskMetrics has weighed in against Pru buying AIG’s AIA Asian assets, saying $35.5 billion is too much. The risk advisory firm joins a chorus of analysts chirping away from Singapore to London about problems with a deal that would pay off a huge chunk of AIG’s debt to Uncle Sam while transforming Pru into an Asian powerhouse.