Wednesday, May 16, 2007

Commvault Systems, Limited Brands, Nuvelo, Virgin: U.S. Equity Preview

(Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in U.S. exchanges today. This preview includes news that broke after exchanges closed. Stock symbols are in parentheses after company names. Share prices are as of 8:10 a.m. New York time.

Aecom Technology Corp. (ACM US) gained $1.50, or 7.1 percent, to $22.50 in trading before U.S. exchanges opened. The architectural and engineering company was recommended by CNBC host Jim Cramer, who said the stock should go ``much higher'' after last week's initial offering.


Read more at Bloomberg Stocks News

Federated posts quarterly profit

(Reuters) - Excluding merger integration costs, profit from continuing operations was 16 cents a share, up from 1 cent a year ago.




Read more at Reuters.com Market News

Bausch & Lomb in $3.67 bln deal with Warburg Pincus

(Reuters) - The total value of the deal, including debt, is $4.5 billion.




Read more at Reuters.com Bonds News

Canada's Dollar Falls From 11-Month High as Prices of Commodities Decline

(Bloomberg) -- Canada's dollar fell for the first time in four days as prices of the nation's commodity exports declined, reducing the currency's appeal.

The currency dropped from an 11-month high after trading above 91 cents yesterday for the first time since May 2006. The Canadian dollar fell to 90.86 U.S. cents at 7:42 a.m. in Toronto. One U.S. dollar buys C$1.1006.


Read more at Bloomberg Currencies News

European Two-Year Bond Yields Hold Near 5-Year High After Inflation Report

(Bloomberg) -- European two-year bond yields held near the highest in almost five years after a report showed inflation in the euro region kept close to the European Central Bank's 2 percent ceiling.

Yields have risen 34 basis points this year on speculation robust economic growth will fan inflation and prompt higher interest rates. Futures trading shows investors are raising bets on how high policy makers will lift interest rates. Bonds were little changed after an auction of French government debt, the first following the election of Nicolas Sarkozy as President.


Read more at Bloomberg Bonds News

FACTBOX-Five facts about French President Nicolas Sarkozy

(Reuters) -

* Scion of a minor Hungarian nobleman, Sarkozy becomes the first son of an immigrant to rule modern France. The right-wing former interior minister won 53 percent in a May 6 run-off ballot, having dominated the campaign.


Read more at Reuters.com Bonds News

Dynegy Planning to Sell $1.1 Billion of Debt: U.S. Corporate Bond Alert

(Bloomberg) -- Dynegy Inc., an owner of power plants in 14 U.S. states, plans to sell at least $1.1 billion of senior unsecured notes to repay debt.

Houston-based Dynegy and the Province of Ontario are among borrowers planning to sell at least $15.2 billion of bonds in the U.S., data compiled by Bloomberg show. Borrowers have sold $11.6 billion of debt this week, compared with $10.7 billion at the same point last week. Sales year-to-date total $464.4 billion, up from $410.4 billion a year ago.


Read more at Bloomberg Bonds News