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London stocks finish volatile session flat
London's equities market finished a volatile session with a 0.2 per cent loss, as insurers retraced recent gains after Legal & General halved its final dividend to 2.05p
FT

Rio may sell more assets if Chinalco deal fails - Reuters - Guardian Unlimited
Under a proposed deal, China&os;s top aluminium company will pay $12.3 billion for stakes in Rio&os;s iron ore, copper and aluminium assets and $7.2 billion for convertible bonds that would double its equity stake in Rio to 18 percent.
Feed Digest

Chirac adviser to take Wendel post
Frédéric Lemoine is set to take the reins at Wendel Investments, after the family controlled private equity group parted company with its chief executive
FT

Surge in short selling clouds rally prospects
Short interest on the new york stock exchange rose to its highest level since the collapse of Lehman during the month to mid-March and at its highest rate in more than a year as hedge funds increased their bets against the rally in US equities during that period
FT

Smiths Group drops 14 percent
Most European equities markets were higher Wednesday, but London's FTSE 100 and FTSE 250 both saw declines on the session.The 100 was down 0.29 percent to 3,900.25 while the 250 dropped 0.51 percent to 6,371.11.Engineering company Smiths Group (LSE: SMN) turned in the worst performance on the 100 as it dropped 14.36 percent.The FTSE Eurofirst [...]
Finance Markets

Oil rises as equity gains spur thoughts of recovery
INTERNATIONAL. Crude oil rose in New York on expectations fuel demand will recover after equity markets climbed on signs the global economy is stabilising.
Business Intelligence Middle East

Insurers hit FTSE after L&G cuts dividend
Gains on London's equities market were limited by insurers on Wednesday, after Legal & General became the latest insurer to cut its dividend.
FT

View of the Day: Oil as an index for stocks
Rising crude prices underscore the durability of the recent rally for US equities, says Nicholas Colas, strategist at BNY ConvergEx
FT

WallStSense.com: WallStSense.com Initiates Free Analyst Coverage on ATI, TEF, VOD and IFX
NEW DELHI, INDIA (MARKET WIRE) WallStSense.com is an online community with a dedicated team of analysts who are providing free in-depth research on North American equities. We at www.wallstsense.com have initiated coverage on the following four companies and encourage investors to sign up to our complimentary service to access these reports. Click here http://www.wallstsense.com/index.php?id=78 to sign up and receive our report on Allegheny Technologies (NYSE: ATI), Telefonica S.A. (NYSE: TEF), Vodafone Group Plc (NYSE: VOD) and Infineon Technologies AG (NYSE: IFX).
Market Wire

WallStSense.com: WallStSense.com Initiates Free Analyst Coverage on PLD, FITB, EXPD and SIRI
NEW DELHI, INDIA (MARKET WIRE) WallStSense.com is an online community with a dedicated team of analysts who are providing free in-depth research on North American equities. We at www.wallstsense.com have initiated coverage on the following four companies and encourage investors to sign up to our complimentary service to access these reports. Click here http://www.wallstsense.com/index.php?id=78 to sign up and receive our report on ProLogis (NYSE: PLD), Fifth Third Bancorp (NASDAQ: FITB), Expeditors International of Washington Inc. (NASDAQ: EXPD) and Sirius XM Radio Inc (NASDAQ: SIRI).
Market Wire

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