Lufthansa, BASF, E.ON, Infineon, Lanxess May Move: German Equity Preview

(Bloomberg) -- The following stocks may rise or fall
in German markets. Stock symbols are in parentheses after the
company names and prices are from the Xetra close unless
otherwise stated.

DAX futures expiring in September tumbled 118, or 1.5
percent, to 7975.50 at 8:21 a.m. in Frankfurt. The DAX fell 0.8
percent to 8038.21 on the Xetra electronic-trading system.


Read more at Bloomberg Stocks News

GF Securities and BOCI Profits Both Soar After China Stock Trading Swells

(Bloomberg) -- GF Securities Co., China's fifth-
largest brokerage by assets, and BOC International (China) Ltd.
posted soaring first-half profits, buoyed by rising stock market
trading.

Net income at GF Securities rose to 3.14 billion yuan ($415
million) from 267 million yuan a year earlier, according to
documents seen by Bloomberg News. BOC International, Bank of
China's brokerage arm, boosted profit to 571.2 million yuan from
218.8 million yuan.


Read more at Bloomberg Emerging Markets News

Forecast Rain May Help Prospects for West Australian Grain Crop, CBH Says

(Bloomberg) -- Prospects for grain production in
Western Australia, which usually provides one third of the
nation's crops, may improve with rain forecast across all of the
state's growing areas, CBH Group said.

``We're really relying on those systems to keep the crop
going,'' said Michael Musgrave, operations manager at Perth-
based CBH, the biggest grain handler and marketer in the state.
``There are crops that badly need rain.''


Read more at Bloomberg Commodities News

British Airways, Imperial Tobacco, Sainsbury: U.K., Irish Equity Preview

(Bloomberg) -- The following stocks may rise or fall
in U.K. and Irish markets today. Stock symbols are in parentheses
and prices are from yesterday's market close.

The benchmark FTSE 100 Index fell 38.60, or 0.6 percent, to
close at 6659.10 in London. The FTSE All-Share Index declined
21.47, or 0.6 percent, to 3438.19.


Read more at Bloomberg Stocks News

Indonesia's Cotton Demand May Increase 8 Percent Next Year, Official Says

(Bloomberg) -- Indonesia's consumption of cotton may
increase as much as 8 percent next year, helped by orders for
promotional T-shirts for the country's 2009 presidential election,
an Industry Ministry official said.

``We expect our textile output to grow by 7 or 8 percent
next year, meaning cotton consumption would increase by that much
too,'' Ansari Bukhari, director general of metal, textile
machinery and miscellaneous industries, said in a telephone
interview in Jakarta yesterday.


Read more at Bloomberg Commodities News

Sinopec First-Half Oil Processing Rises 6.4 Percent on China's Fuel Demand

(Bloomberg) -- China Petroleum & Chemical Corp.,
Asia's largest oil refiner, processed 6.4 percent more crude in
the first half as China's economic growth boosted demand for
fuels to run power plants, cars and machinery.

Oil refining rose to 76.25 million metric tons in the first
six months, Sinopec, as Beijing-based China Petroleum is known,
said on its Web site today. Crude oil production increased 2.1
percent and natural gas output gained 11 percent.


Read more at Bloomberg Emerging Markets News

Australian Coal Group Wants Breakup of Queensland Rail to Cut Constraints

(Bloomberg) -- Coal mining companies in Australia's
Queensland state, which export A$18 billion ($16 billion) of the
fuel a year, want the state government to break up Queensland
Rail to reduce constraints on overseas shipments.

Mining companies may seek to buy parts of the rail network
to ease congestion between the railroad and ports, according to
e-mailed speech notes of Michael Roche, chief executive officer
of the Queensland Resources Council, who spoke today at a Sydney
conference.


Read more at Bloomberg Energy News

Santos Proposes Building $6.1 Billion LNG Plant to Serve Export Markets

(Bloomberg) -- Santos Ltd., Australia's third-
biggest oil and gas producer, proposes to build a liquefied
natural gas plant in Queensland state supplied by coal seam gas
to take advantage of higher export prices for the fuel.

The proposed Gladstone project will have a capacity of 3-4
million metric tons a year of LNG and may cost as much as A$7
billion ($6.1 billion), Adelaide-based Santos said today in a
statement to the Australian Stock Exchange. A final decision may be
made by the end of 2009 to allow deliveries to start in early 2014.


Read more at Bloomberg Energy News

Australian Commodity Stocks Slip, Led by BHP, Woodside; David Jones Gains

(Bloomberg) -- Australian commodity stocks dropped,
led by BHP Billiton Ltd., Newcrest Mining Ltd. and Woodside
Petroleum Ltd., after copper, gold and oil prices fell in New York.

David Jones Ltd. gained after announcing second-half profit
would increase as much as 42 percent on accelerating sales.


Read more at Bloomberg Stocks News

Exporters, Retailers, Kookmin, KT&G, Posco: South Korea Equity Preview

(Bloomberg) -- The following shares may rise or
fall in South Korea. Prices refer to the July 16 close. This
preview includes news announced after markets shut. Stock
symbols are in brackets after the company names.

The Kospi index lost 0.7 percent to 1949.51. The Kosdaq
slid 0.7 percent to 819.91. Kospi 200 futures expiring in
September slid 1.5 percent to 248.80, while the underlying index
dropped 0.9 percent to 247.91. Korean markets were closed
yesterday for a holiday.


Read more at Bloomberg Stocks News

FACTBOX-Alitalia's spluttering bid process

(Reuters) - THE PROCESS




The government announced it was putting its Alitalia stake
up for sale in late December 2006.


Read more at Reuters.com Mergers News

UPDATE 1-US House Democrats to offer predatory lending bill

(Reuters) - WASHINGTON, July 17 - Several Democrats on
Wednesday will introduce a bill aimed at protecting consumers
by limiting finance charges for certain home mortgages, banning
prepayment penalties and verifying a borrower's ability to
repay a loan.




Rep. Keith Ellison of Minnesota, a member of the House
Financial Services Committee, said the legislation takes a
tough stand against predatory lending by state-regulated
mortgage brokers and is modeled after a new Minnesota law.


Read more at Reuters.com Government Filings News

UPDATE 1-Doral Financial shareholders approve buyout

(Reuters) - The buyout group offered $610 million for a 90 percent
stake, valuing Doral at 63 cents per share. Proceeds from the
buyout are to be used to help Doral repay $625 million of debt
due on July 20.




San Juan-based Doral expects the transaction to close on
July 19. It has said it would likely seek bankruptcy protection
if it did not close by the following day.


Read more at Reuters.com Bonds News

UPDATE 1-AMB Property second-quarter FFO down, shares fall

(Reuters) - Shares of the company fell more than 13 percent to $47.80
in late electronic trade, after closing at $55.33 Tuesday on
the New York Stock Exchange.




The San Francisco-based company reported second-quarter
funds from operations of $78.5 million, or 74 cents a
share, down from $82.4 million, or 87 cents per share, reported
in the year-ago period.


Read more at Reuters.com Market News

CSX posts lower second-quarter profit

(Reuters) - CSX said its earnings in the second quarter of 2006 had
been boosted by a 25 cent per share gain from insurance
recoveries related to Hurricane Katrina and the favorable
resolution of tax issues.




Read more at Reuters.com Market News

House votes to allow police, firefighter unions

(Reuters) - "The House has gone on record in favor of better wages, benefits and working conditions for men and women who keep watch over neighborhoods and protect our nation," House Speaker Nancy Pelosi of California told reporters.




Lawmakers said some 20 states do not allow public safety workers to discuss or negotiate workplace matters.


Read more at Reuters.com Bonds News

RIM launches dual-mode cellular, Wi-Fi BlackBerry

(Reuters) - "The BlackBerry 8820 complements our carrier partners' cellular networks with the added ability to stay connected via Wi-Fi at home, through hotspots and corporate campuses," RIM co-Chief Executive Mike Lazaridis said in a statement.




The new BlackBerry, like other recent RIM models, also comes with "latest media player enhancements," the company said.


Read more at Reuters.com Business News

Intel quarterly profit rises but margins miss

(Reuters) - For its second quarter, Intel posted net earnings of $1.3 billion, or 22 cents per share, compared with $885 million, or 15 cents per share, a year earlier.




Excluding a special gain of 3 cents per share related to a tax item, Intel's profit was 19 cents per share, in line with the average Wall Street expectation.


Read more at Reuters.com Market News

UPDATE 1-New York State sues Exxon over Brooklyn spill

(Reuters) - NEW YORK, July 17 - New York State sued Exxon
Mobil Corp. on Tuesday to force the cleanup of a
decades-old, 17 million gallon oil spill in New York City.




The suit concerns a leak that was discovered in 1978 in
Newtown Creek, the waterway that separates the boroughs of
Queens and Brooklyn. It has formed an underground contamination
over 55-acres of the Greenpoint section of Brooklyn, New York
State Attorney General Andrew Cuomo said in a statement.


Read more at Reuters.com Bonds News

Chunghwa, Energi Mega, Singapore Telecom: Asia Ex-Japan Equity Preview

(Bloomberg) -- The following stocks may rise or fall
in Asian markets, excluding Japan. This preview includes news
that broke after markets closed. Prices are from the local
market's last close. Stock symbols are in parentheses after
company names.

China Petroleum & Chemical Corp. (386 HK): Sinopec Maoming
Petrochemical Corp., China's second-biggest refinery and a unit
of China Petroleum, will shut its crude distillation unit this
month and its catalytic unit in August for scheduled maintenance,
according to Cai Zhan, a company spokesman. China Petroleum,
known as Sinopec, fell 11 cents, or 1.3 percent, to HK$8.68.


Read more at Bloomberg Stocks News

Lam Research, Modine, Novellus, Orbital, Skechers: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 2:50 p.m. New York time.

American Express Co. (AXP US) rose $2.84, or 4.6 percent, to
$64.72. The No. 4 U.S. credit-card issuer was upgraded to ``buy''
from ``neutral'' at Goldman, Sachs & Co., which said its card-
network business was ``undervalued'' compared with its rivals.


Read more at Bloomberg Stocks News

TREASURIES-Bonds slip on stock gains, inflation worries

(Reuters) - NEW YORK, July 17 - U.S. government debt prices
fell on Tuesday as investors favored stocks over bonds on
strong company earnings and after data showing strength in
manufacturing and higher-than-expected core producer prices.




The decline in Treasury prices was mitigated by ongoing
worries about subprime mortgages and an industry report showing
the housing market is still stuck in a slump.


Read more at Reuters.com Bonds News

Basell to buy Lyondell for almost $13 billion

(Reuters) - Dutch-based Basell is owned by billionaire industrialist Len Blavatnik's Access Industries, which has been on the prowl for acquisitions in the chemical sector and recently lost out in bids to acquire Huntsman Corp. and General Electric Co.'s GE Plastics.




The all-cash deal for $48 a share offers shareholders of Lyondell a 19.6 percent premium to Monday's closing price of $40.12 and a 45 percent premium to Lyondell's closing price on May 10, when Access acquired the right to buy an 8 percent stake in Lyondell and said it might seek to buy the whole company.


Read more at Reuters.com Mergers News

UPDATE 1-Venezuela bills Conoco, Chevron $37.2 mln in taxes

(Reuters) - President Hugo Chavez decreed the takeover of four
foreign-run, joint venture heavy crude upgrader projects to
ensure the state oil company had at least a 60 percent stake in
each.




Chevron negotiated to stay on in its project, which is
known as Ameriven. But ConocoPhillips last month decided to
leave the OPEC nation and seek compensation for its loss of
assets.


Read more at Reuters.com Bonds News

Zimmer gets a lift from takeover talk

(Reuters) - Zimmer shares were up 2.6 percent to $88.21 in afternoon trading on the New York Stock Exchange after trading as high as $89.98 earlier in the session.




The maker of hip and knee implants could be an attractive candidate for a leveraged buyout because of its low debt load and strong cash flow, said an equity analyst who asked not to be named.


Read more at Reuters.com Hot Stocks News

Mexico's Bolsa Falls on Earnings Concern, Led by Cemex: Bancolombia Gains

(Bloomberg) -- Mexico's Bolsa index fell for a second
day on concern that second-quarter earnings reports will show
stocks are overvalued.

The Bolsa declined 248.71, or 0.8 percent, to 32,017.22 as of
1:01 p.m. New York time. Brazil's Bovespa index of most-traded
shares on the Sao Paulo exchange was little changed, rising 47.76,
or 0.1 percent, to 57,422.16.


Read more at Bloomberg Stocks News

US STOCKS-Dow tops 14,000, helped by American Express; S&P flat

(Reuters) - NEW YORK, July 17 - U.S. blue-chip stocks rose
on Tuesday, pushing the Dow past 14,000 for the first time,
helped by an upgrade of American Express, but the S&P 500
index was little changed on subprime worries and falling oil
stocks.




The Nasdaq held modest gains, boosted by semiconductor
stocks, which rose after Novellus Systems Inc.
reported stronger-than-expected results,


Read more at Reuters.com Bonds News

Forest Labs quarterly profit up 34 pct

(Reuters) - But sales of its flagship Lexapro anti-depressant failed to climb as much as some analysts expected, and the company did not raise its full-year forecast despite the better-than-expected quarterly performance.




Forest shares fell as much as 2.9 percent in morning trade but recovered some of that ground by early afternoon.


Read more at Reuters.com Business News

US STOCKS-Earnings, upgrades send Dow above 14,000

(Reuters) - NEW YORK, July 17 - U.S. stocks gained on Tuesday
on higher-than-expected earnings, pushing the Dow above 14,000
for the first time and easing concern about the deteriorating
subprime mortgage market.




A brokerage upgrade of American Express Co. pushed
the credit card company's stock up nearly 5 percent, helping
the Dow average of 30 blue chips.


Read more at Reuters.com Bonds News

Rand stagnant versus dollar, lacks impetus

(Reuters) - The South African rand remained caught in tight ranges against the dollar on Tuesday amid a lack of market moving domestic economic data, traders said.

The local currency was at 6.9630 to the dollar at 1520 GMT, 0.2 percent firmer than Monday's close of 6.9750 after trading between 6.9570 and 6.9925 during the session.


Read more at Reuters Africa

Palamin Q2 copper concentrate output falls 22 pct

(Reuters) - South Africa's biggest copper miner, Palabora Mining Company (Palamin), posted a 22 percent fall in output of copper in concentrates to 17,600 tonnes in the second quarter compared to the previous quarter, the firm said on Tuesday.

The sharp fall was mainly due to the transfer of low-grade stock from the concentrator to the smelter for sale during the first quarter, the firm said in a statement.


Read more at Reuters Africa

UPDATE 1-Vodafone faces renewed criticism on strategy, pay

(Reuters) - Efficient Capital Structures , an activist investor
which has called on Vodafone to return up to 38 billion pounds
to shareholders by spinning off its 45 percent
stake in U.S. joint venture Verizon Wireless and issuing bonds,
said the company had no clear strategy in the United States.




It was responding to a report in the Financial Times
newspaper that Vodafone had considered buying its joint venture
partner, Verizon Communications .


Read more at Reuters.com Mergers News

Yen Approaches Record Low Versus Euro as Rising Stocks Spur Carry Trades

(Bloomberg) -- The yen dropped to near a record low
versus the euro and the weakest since 1992 against the pound as
concern eased that losses will mount in securities backed by
subprime mortgage loans.

Investors pushed the yen lower as U.S. stocks advanced on a
better-than-expected earnings report from Merrill Lynch & Co.,
cooling speculation that U.S. financial companies would be hurt
by losses in subprime debt. Rallying stocks encouraged buying of
risky assets funded by loans in Japan, a strategy known as the
carry trade. The yen also fell versus the dollar.


Read more at Bloomberg Currencies News

U.S. Stocks Advance, Dow Average Tops 14,000; American Express Shares Gain

(Bloomberg) -- U.S. stocks rose, sending the Dow
Jones Industrial Average past 14,000 for the first time, after
wholesale inflation unexpectedly declined and Goldman, Sachs &
Co. advised buying shares of American Express Co.

American Express, the fourth-biggest U.S. credit-card
issuer, led the Dow average to a fourth-straight record. Rohm &
Haas Co., the largest maker of acrylics for paints and plastics,
pushed a gauge of raw-materials producers to the steepest gain
in the Standard & Poor's 500 Index on its plan for a $2 billion
share buyback.


Read more at Bloomberg Stocks News

TREASURIES-Bonds slip on PPI jump, firmer Wall St

(Reuters) - NEW YORK, July 17 - U.S. Treasury debt prices
fell on Tuesday as a gauge of producer prices rose more than
forecast and stronger earnings raised the possibility of a
firmer open on Wall Street.




Industrial output also came in higher than estimates,
rising 0.5 percent and making any interest rate cut by the
Federal Reserve appear even less likely this year.


Read more at Reuters.com Bonds News

State Street earnings top forecasts, outlook hiked

(Reuters) - Boston-based State Street, which also makes money by holding trillions of dollars in securities in custody and calculating the bulk of mutual fund prices printed in newspapers, said net income climbed to $366 million, or $1.07 per diluted share, in the second quarter.




That compares with $227 million, or 68 cents, a year earlier, when non-cash tax adjustments of 25 cents a share weighed on earnings.


Read more at Reuters.com Hot Stocks News

ICE says Winnipeg Commodity Exchange deal is binding

(Reuters) - In June, ICE had agreed to acquire Winnipeg Commodity
Exchange, known for canola futures contracts, from privately
held WCE Holdings Inc. for C$40 million.





Read more at Reuters.com Mergers News

UPDATE 2-U.S. Bancorp profit falls more than expected

(Reuters) - NEW YORK, July 17 - U.S. Bancorp , the
sixth-largest U.S. bank, posted a bigger-than-expected drop in
quarterly profit on Tuesday, as lower lending income and rising
expenses and credit losses more than offset an increase in
fees.




Second-quarter net income for the Minneapolis-based company
fell to $1.16 billion, or 65 cents per share, from $1.2
billion, or 66 cents, a year earlier. Revenue rose 1.5 percent
to $3.51 billion.


Read more at Reuters.com Market News

Treasuries Fall as Investors' Concern Over Subprime Mortgage Crisis Eases

(Bloomberg) -- Treasuries fell for the first time
in three days as concern ebbed about losses in securities backed
by subprime mortgage loans.

Investors sold government debt after Merrill Lynch & Co.,
the third-biggest U.S. securities firm, said second-quarter
profit rose 31 percent even as revenue declined in the unit that
includes its mortgage business.


Read more at Bloomberg Bonds News

Lumera forms new bioscience subsidiary

(Reuters) - Lumera said it has engaged Robert W. Baird & Co. Inc. to
assist it in evaluating partnering and financing alternatives
over the coming months.





Read more at Reuters.com Mergers News

US net capital inflows rise to $105.9 bln in May

(Reuters) - Net long-term capital inflows totaled $126.1 billion in May
from a revised $80.3 billion the previous month.




Read more at Reuters.com Economic News

Rio Tinto says to unwind Alcan hedgebook

(Reuters) - "Assuming we go through with the deal, it will all be wound
down," a Rio Tinto spokesman said on Monday.




Read more at Reuters.com Mergers News

GLOBAL MARKETS-Stocks, credit and dollar hit by subprime woes

(Reuters) - Turmoil in the U.S. subprime market, which caters to
borrowers with poor credit histories and represents around a
fifth of total U.S. annual mortgage lending, has haunted
investors intermittently since early this year.




The latest upset started after the benchmark ABX subprime
mortgage index, used by investors to insure against risks in the
sector, hit record lows on Monday.


Read more at Reuters.com Bonds News

Lead Rises to Record for Fifth Session in London After Doe Run Explosion

(Bloomberg) -- Lead rose to a record for a fifth
consecutive session on the London Metal Exchange after Doe Run
Resources Corp., the world's second-largest refiner of the
metal, said a U.S. smelter was damaged by an explosion.

The blast happened on July 13 at 11:40 p.m. local time, the
St. Louis-based company said in a July 14 statement posted on
its Web site. The incident was contained in the area where
finished metal is produced, it said. The rest of the Herculaneum
plant in Missouri is operating, Doe Run said.


Read more at Bloomberg Commodities News

Shoprite Holdings Full-Year Sales Rise 16 Percent on Consumer Spending

(Bloomberg) -- Shoprite Holdings Ltd., South Africa's
second-largest grocer, said annual sales gained 16 percent after
faster economic growth boosted consumer spending.

Sales in the 12 months through June 30 reached 38.9 billion
rand ($5.6 billion), compared with the year earlier, Cape Town-
based Shoprite said in a stock exchange statement today. Revenue at
the main Shoprite brand increased 14 percent while the Checkers
chain advanced 15 percent, the company said.


Read more at Bloomberg Emerging Markets News

KeyCorp net rises 8 percent on fee income growth

(Reuters) - NEW YORK, July 17 - KeyCorp , a large U.S. Midwest bank, on Tuesday said second-quarter profit rose 8 percent as an increase in fee income helped offset rising loan losses and declining lending margins.



Net income for the Cleveland-based company rose to $334 million, or 84 cents per share, from $308 million, or 75 cents, a year earlier.


Read more at Reuters.com Market News

Futures fall as inflation data, earnings loom

(Reuters) - Among earnings reports due later on Tuesday are Merrill Lynch & Co. , SLM Corp. , U.S. Bancorp and Wells Fargo .




Year-to-date, financial stocks are the worst performers of the ten major S&P industry groups and the sole sector with losses for that period.


Read more at Reuters.com Hot Stocks News

Gold slips ahead of US Federal Reserve minutes

(Reuters) - Gold erased overnight gains to slip on Tuesday, with dealers avoiding big moves ahead of testimony by U.S. Federal Reserve Chairman Ben Bernanke later in the week.

The metal has struggled to breach key technical levels after hitting a five-week high last week, but might get support from firm oil prices and the dollar, which stayed near record lows against the euro.


Read more at Reuters Africa

Russian Stocks Fall After U.K. Expels Diplomats; Gazprom Lead the Decline

(Bloomberg) -- Russian stocks dropped for the first
time in five days after the U.K. expelled four Russian
diplomats, adding to political tensions between the two
countries. OAO Gazprom led the retreat.

``Politics is certainly affecting sentiment this morning,''
said Julian Rimmer, head of sales trading at UralSib Financial
Corp. in London.


Read more at Bloomberg Emerging Markets News

TD Bank to put capital into BCE deal: report

(Reuters) - Under the terms of the deal, Teachers will own 52 percent of BCE, while Providence Equity Partners and Madison Dearborn Partners will together have about 41 percent.




The Globe said TD's plan is to sell-off its equity stake to other large Canadian investors once the deal is approved.


Read more at Reuters.com Mergers News

Electrolux CEO says Europe launches done by Q3

(Reuters) - Delays to the group's most extensive launch of new products ever in Europe stung earnings during the second quarter.



"Step by step we will get through this and the way things look right now the launches will be carried out during the third quarter," Chief Executive Hans Straberg told Reuters.


Read more at Reuters.com Market News

Private equity donations favor Republicans-report

(Reuters) - But newly-released campaign finance reports for the 2008
presidential contest may signal a reversal of that trend, the
Journal said.




The reports show former New York City Mayor Rudy Giuliani,
former Massachusetts Gov. Mitt Romney and Arizona Sen. John
McCain received a total of $262,000 in contributions from
employees of private-equity companies since January, the
newspaper said.


Read more at Reuters.com Mergers News

U.K. FTSE 100 Benchmark Declines, Paced by BHP; Rolls-Royce, Kelda Slip

(Bloomberg) -- U.K. stocks fell for a second day,
paced by BHP Billiton Ltd. after Deutsche Bank AG downgraded the
shares and metal prices retreated. Anglo American Plc and
Antofagasta Plc also declined.

Rolls-Royce Group Plc, Kelda Group Plc and Schroders Plc
slid as brokerages lowered their recommendations for the
companies' stocks. Reed Elsevier Plc dropped after it agreed to
sell Harcourt Education for $4 billion.


Read more at Bloomberg Stocks News

U.S. Producer Prices Probably Rose in June at Slowest Pace in Five Months

(Bloomberg) -- Prices paid to U.S. producers
probably rose in June at the slowest pace in five months as fuel
costs dropped, economists said before a government report today.

The 0.2 percent gain, according to the median estimate in a
Bloomberg News survey of 72 economists, would be the smallest
since January and follow a 0.9 percent increase in May. Core
prices, which exclude food and energy, probably rose 0.2 percent
for a second month.


Read more at Bloomberg Currencies News

European Stocks Fall for First Time in Four Days; Total, BHP Pace Declines

(Bloomberg) -- European stocks dropped for the first
time in four days, led by oil companies after ING Groep NV cut its
recommendation on shares of Repsol YPF, Statoil ASA and Total SA.

BHP Billiton Ltd., the world's biggest mining company,
dropped after Deutsche Bank AG downgraded the stock. Tate & Lyle
Plc, the maker of the sweetener Splenda, climbed after Goldman,
Sachs & Co. advised investors to buy the shares.


Read more at Bloomberg Stocks News

EADS could make buys to improve business balance

(Reuters) - Gallois added that EADS still needed new shareholders even
though the group did not need to raise fresh capital.




Read more at Reuters.com Mergers News