Unstructured Finance

Major League Soccer turns to training clubs’ ticket sales staff

August 31, 2010

mls1With new teams on the way and attendance rising, Major League Soccer has turned to a league-funded program to train its clubs’ new sales staffers to help drive ticket demand.

Reliance Ind slips on EIH stake buy

August 31, 2010

INDIAShares in Reliance Industries closed 3 percent lower on Tuesday, a day after the company pushed ahead with its diversification plan by acquiring a stake in hotel chain EIH for $217.5 million.

Deals wrap: Is 3PAR a good deal?

August 31, 2010

File photo of a man inspecting a diamond at the Israel Diamond Exchange in Ramat Gan near Tel Aviv December 15, 2009. REUTERS/Gil Cohen Magen Dell is expected to soon give up its pursuit of 3PAR, either ceding to HP’s last offer of $30 per share or giving up at a few dollars higher, according to a Reuters survey of eight technology investors and analysts. * View article *Columnist Robert Cyran asks: Is 3PAR an overpriced bauble for HP?  * An MSN article makes the case that both Dell and HP are certifiable.

Trimming equities in the summer freeze…

August 31, 2010
Leading investors around the world barely changed their exposure to assets in August, trimming equities slightly in favour of bonds, where they loaded up on top-notch corporates, Reuters polls showed on Tuesday.

Leading investors around the world barely changed their exposure to assets in August, trimming equities slightly in favour of bonds, where they loaded up on top-notch corporates, Reuters polls showed on Tuesday.

Check Out Line: Surprise, surprise, a discount retailer is doing well

August 31, 2010

dg1Check out the strong quarterly profit at discount retailer Dollar General.

The company, which prices most of its merchandise below $10, posted a stronger-than-expected profit thanks to bargain-seeking consumers who spent more per visit. Company executives talked of building sales momentum during the quarter and sales results in the current three-month period were encouraging.

Starbucks adds spice to Via

August 30, 2010

schultzviaStarbucks is expanding its Via instant coffee line this autumn with cinnamon spice, vanilla, mocha and caramel flavors.

Check Out Line: Burkle tells Barnes & Noble board to grow a backbone

August 30, 2010

Check out the latest salvo in the nasty battle over struggling bookseller Barnes & Noble.

Deals wrap: Turning down Sanofi

August 30, 2010

A sign points the way to the headquarters of Genzyme in Cambridge, Massachusetts August 3, 2010.    REUTERS/Brian Snyder   Genzyme broke its five-week silence to reject an $18.5 billion takeover proposal by French drugmaker Sanofi-Aventis, dismissing it as opportunistic and too low. *View article *View Genzyme’s letter to Sanofi-Aventis

Tata Steel rises on sale agreement

August 30, 2010

TATASTEEL-RESULTS/Tata Steel ended 3.5 percent higher at 527 rupees after the company said on the weekend its unit Corus has reached an agreement with Thailands SSI on the potential $500 million sale of its mothballed Teesside plant.