Unstructured Finance

India stocks in 2010

December 31, 2010

The BSE Sensex rose more than 17 percent in 2010, to be among the best-performing major Asian markets this year. Most investors expecting the rally to continue.

Deals wrap: CVS’s $1.25 billion deal

December 31, 2010

A pedestrian walks past a CVS store in downtown Washington, February 8, 2010. REUTERS/Stelios VariasDrugstore chain CVS Caremark agreed to buy Universal American’s Medicare prescription drug business for about $1.25 billion, doubling the size of CVS Caremark’s business that provides prescription drug coverage under the U.S. government’s Medicare Part D program.

Deals wrap: Battle in the Arctic

December 30, 2010

A woman pushes a baby pram while walking along a dirt road at dusk in Iqaluit, Nunavut on Baffin Island in the Canadian Arctic August 16, 2009. REUTERS/Andy Clark Nunavut Iron Ore sweetened its hostile bid for control of Baffinland Iron Mines, extending a battle with steel giant ArcelorMittal for a vast iron ore deposit in the Canadian Arctic.

Morning Line-Up: insider trading, BP, 2011 outlook

December 30, 2010

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HUL shares end as top Sensex gainer

December 29, 2010

Shares in Hindustan Unilever jumped 3.5 percent on Wednesday to close at 304.55 rupees on a newspaper report in the Mint that the company had put a property in Mumbai for sale.

Deals wrap: Bank M&A hope in 2011

December 29, 2010

Bank of Montreal (BMO) Financial Group President and Chief Executive Officer Bill Downe addresses shareholders at the annual general meeting in Winnipeg, Manitoba March 23, 2010. REUTERS/Fred Greenslade The new year is offering hope to deal advisers, as U.S. bank M&As promise to return at a healthy clip after three years of gloom. The return of the mega transaction, however, is still some time away, writes Paritosh Bansal.

Morning Line-Up: BlackRock bullish, IPOs, Tower Australia

December 29, 2010

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Deals wrap: Dai-ichi’s $1.2 billion deal

December 28, 2010

A man walks past the sign of Dai-ichi Mutual Life Insurance at its headquarters in Tokyo March 19, 2010. REUTERS/Kim Kyung-HoonDai-ichi Life Insurance Co will take full control of Tower Australia Group Ltd for $1.2 billion in cash, the latest in overseas acquisitions by Japanese insurers keen to move away from a stagnant home market.

Deals wrap: Hon Hai and the LCD crown

December 27, 2010

A shopper looks at an Apple Inc iPad at an electronic shop in Tokyo December 27, 2010. Taiwan's Hon Hai Precision Industry Co will buy a majority stake in a Hitachi Ltd display unit for about $1.2 billion, making it the world's top ranked maker of small and medium sized LCDs, the Nikkei newspaper said on Monday. The venture, Hitachi Displays Ltd, will use the funds to build a factory in Japan that will supply Hon Hai, one of the biggest manufacturers of Apple Inc's iPhone and iPad, the newspaper said. REUTERS/Issei KatoA spokesman for Taiwan’s Hon Hai said he had not heard about a deal reported by the Nikkei newspaper that would see the manufacturer of Apple’s iPhone and iPad become the world’s top-ranked maker of small and medium sized LCDs in a majority stake, $1.2 billion buy of a Hitachi display unit.