Apple iPhone buyers gush as iWait ends

(Reuters) - NEW YORK




Grant Johnson, 41, an accountant from Brooklyn, managed to buy three after the girl in front of him in line bought him an extra one, as she only wanted one.


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Lundin raises, extends bid for Rio Narcea

(Reuters) - Lundin also extended the deadline for its offer to July 16
from June 29. It said it will not extend the bid again.




The company said it entered into lock-up agreements with
major shareholders holding about 30.9 percent of Rio Narcea's
shares. It said shareholders holding an additional 12.3 percent
of Rio Narcea have indicated their intention to tender their
shares to the amended offer.


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RLPC-UPDATE 1-Oreck Corp $200 mln refinancing loan pulled

(Reuters) - The loan was launched in April but failed to gather
interest from lenders. Investors have been reluctant to commit
to the deal as Oreck has already breached covenants under its
existing bank loan.




The deal consists of a $20 million revolver, a $130 million
first-lien term loan and a $50 million second-lien term loan.
The second-lien term loan has 102, 101 call protection.


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SEC sues company over alleged bogus takeover bids

(Reuters) - Besides Sony and Playboy, Roxford also made offers for
Zapata Corp. , Edgetech Services Inc. and PeopleSupport
Inc. , according to the complaint. The alleged scheme
took place between January 2003 and April 2007, it said.




"Roxford's intent in making the phony public tender offers
was to manipulate the price of the target company's stock," the
SEC alleged in the complaint. "Roxford and HRR did not intend
to complete the offers, and did not have the financial means to
do so."


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RPT-TREASURIES-Inflation dip sparks late rally in downbeat qtr

(Reuters) - By Pedro Nicolaci da Costa




NEW YORK, June 29 - U.S. Treasury debt rallied on
Friday as underlying inflation retreated, but the bond market
still posted its worst quarter in over a year.


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Commerce Bank CEO presided over innovation, scandal

(Reuters) - But New Jersey entrepreneur Vernon Hill applied lessons learned running Burger King outlets, about friendly service and convenient hours, to make Commerce Bancorp the fastest growing U.S. bank and a revolutionary force in retail banking.




The Commerce chairman and chief executive retired on Friday under pressure, at age 61, after years of questionable insider dealings at the bank triggered federal regulatory probes. His sudden departure from the bank he founded 34 years ago ends a career where he came to be regarded as a visionary and a great CEO, but also a maverick with little regard for the rules.


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Acuity Brands resolves federal environmental probe

(Reuters) - It added the U.S district court also placed ASP on
unsupervised probation for a term of three years.





Read more at Reuters.com Government Filings News