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India`s Sterlite in $1.1 bln deal for Asarco
NEW DELHI, March 7 (Reuters) - India's Sterlite IndustriesLtd will buy bankrupt U.S. copper miner Asarco LLCfor $1.1 billion in cash and $600 million in notes, the latterpaid over a period of nine years, the Indian firm said onSaturday.
Reuters

Brower Piven Encourages Investors Who Have Losses in Excess of $1,000,000 From Investment in General Electric Co. to Inquire About the Lead Plaintiff Position in Securities Fraud Class Action Lawsuit Before the May 4, 2009 Lead Plaintiff Deadline
BALTIMORE, MD--(Marketwire - March 6, 2009) - Brower Piven, A Professional Corporationannounces that a class action lawsuit has been commenced in the UnitedStates District Court for the Southern District of New York on behalf ofpurchasers of the common stock of General Electric Co. ('GE' or the'Company') (NYSE: GE) during the period between January 23, 2009 andFebruary 27, 2009, inclusive (the 'Class Period').No class has yet been certified in the above action. Members of the Classwill be represented by the lead plaintiff and counsel chosen by the leadplaintiff. If you wish to choose counsel to represent you and the Class,you must apply to be appointed lead plaintiff no later than May 4, 2009 andbe selected by the Court. The lead plaintiff will direct the litigationand participate in important decisions including whether to accept asettlement and how much of a settlement to accept for the Class in thea
Market Wire

Energy Tax Cut Boosts Feb. Sales at WalMart
WalMart Stores reported net sales for the fourweek period ending Feb. 27, 2009...
Mr. Swing

Brower Piven Announces the Filing of a Class Action Lawsuit Against Oppenheimer Champion Income Fund Expanding the Class Period to Include August 7, 2006 Through December 9, 2008 and Encourages Investors Who Have Losses in Excess of $100,000 From Inv
BALTIMORE, MD--(Marketwire - March 6, 2009) - Brower Piven, A Professional Corporationannounces that a class action lawsuit has been commenced in the UnitedStates District Court for the Southern District of New York on behalf ofall purchasers who purchased or held shares of the Oppenheimer ChampionIncome Fund ('Champion Fund' or the 'Fund') (NASDAQ: OPCHX) (NASDAQ: OCHBX)(NASDAQ: OCHCX) (NASDAQ: OCHNX) (NASDAQ: OCHYX) offered byOppenheimerFunds, Inc. ('OppenheimerFunds, Inc.') during the period betweenAugust 7, 2006 and December 9, 2008, inclusive (the 'Class Period'),including in connection with its January 26, 2007 and January 25, 2008offerings ('Offer
Market Wire

EnerVest Energy and Oil Sands Total Return Trust Announces Taxation of Distributions Declared in 2008
CALGARY, ALBERTA--(Marketwire - March 6, 2009) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE united states OF AMERICA.EnerVest Oil Sands Management Inc. (TSX:EOS.UN) announced today that for the period ended December 31, 2008, distributions to Canadian resident unitholders of EnerVest Energy and Oil Sands Total Return Trust ('EnerVest') are to be treated for income tax purposes as follows:1. 0.88196% of the distributions received are taxable as 'other taxable income' (Investment Income);
Marketwire

Alert - 17:20 (CET) - EurUsd profit taking, after decline in Wall Street
The EurUsd is trading at 1.2643 , ranging between 1.2533 and 1.2754 , over yesterday's close at 1.2540 . Checking the hourly graphics, the Exponential Mobile Averages ( EMA ) have crossed the 200 period EMA , which explains the recent weakness in the major. As the price broke the support at 1.2800 (December 9th low), the traders are challenging the next at 1.2628 ...
Alerts Feed

Market & Research Corp. : MTRE Issues Corporate Update and 2009 Outlook
ROWAYTON, CT (MARKET WIRE) Market & Research Corp. (the 'Company') (OTCBB: MTRE): Gary Stein, President of Market & Research, commented, 'Following the conclusion of the quiet period, we felt it was important to update our shareholders, reminding them of accomplishments to date and the steps in which we are currently engaged as we move through this difficult period in our country's economy. We continue to move forward pursuant to the steps we initially outlined nearly 18 months ago. However, each day poses new challenges.
Marketwire.com

Alert - 16:30 (CET) - GbpJpy
The GbpJpy is trading at 139.70 yens, ranging between 137.33 and 140.15 and over yesterday's close at 138.48 . Checking the hourly graphics, the 20 and 50 period EMA are over the 200 period EMA , showing the rebound of the pair. The resistances are set at 140.00 (key), 141.51 (March 5th high) and 143.00 . The supports are set at 137.40 (March 4th high), 135.57 (March...
Alerts Feed

Meltdown 101: Unemployment By the Numbers
How tough is it to find a job these days? The number of job seekers looking for work for six months or longer more than doubled from a year ago, while the average search for all unemployed workers increased by a month during the same period. More than 2.9...
San Francisco Chronicle

Alert - 14:50 (CET) - UsdJpy rebounds after the US payrolls were in line with expectations
The UsdJpy is trading at 99.39 , ranging between 98.90 and 99.68 , over yesterday's closing price at 99.15 . Checking the hourly graphics, the 20 ( 99.24 ) and 50 ( 98.83 ) period Exponential Mobile Averages ( EMA ) are over the 200-day ( 97.18 ) EMA , which explains the current advance of the pair. After the US payrolls in line with expectations, the major is...
Alerts Feed

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