News

Nigeria oil facility damaged, military says (AP)

AP - A Nigerian military spokesman says an oil facility in oil-rich southern Nigeria has been damaged by an attack.

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Nigeria oil facility damaged, military says
(AP)

Icahn launches hostile bid for Lions Gate (AP)

AP - Activist shareholder Carl Icahn raised the stakes in his battle with Lions Gate Entertainment Corp. on Friday, launching an all-out bid to take over the company.

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Icahn launches hostile bid for Lions Gate
(AP)

Stocks trading in narrow range (AP)

AP - Stocks traded in a narrow range Friday as investors shied away from major moves in the absence of any significant economic news.

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Stocks trading in narrow range
(AP)

EU’s Rehn calls for concrete Greek aid plan (Reuters)

Reuters - The European Union’s monetary affairs chief urged the bloc’s leaders on Friday to agree on a standby aid package for Greece next week after Athens said it could seek IMF help if it gets no firm promise of European aid.

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EU’s Rehn calls for concrete Greek aid plan
(Reuters)

EADS considering new bid for Pentagon tanker (AP)

AP - Airbus parent EADS says it is considering a new bid for a lucrative Pentagon contract for mid-air refueling tankers, but wants an extended deadline.

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EADS considering new bid for Pentagon tanker
(AP)

Daimler to keep stake in EADS (AP)

AP - Germany’s Daimler AG said Friday it doesn’t plan to exercise an option to sell its sizable stake in aerospace and defense contractor EADS N.V.

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Daimler to keep stake in EADS
(AP)

Boeing speeds up production of 747, 777 models (AP)

AP - Boeing will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines in a couple of years.

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Boeing speeds up production of 747, 777 models
(AP)

Allianz sees steady operating profit for 2010 (AP)

AP - German insurer Allianz SE expects its 2010 operating profit to be around last year’s level of euro7.2 billion ($9.7 billion) as the global economy comes out of a long downturn.

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Allianz sees steady operating profit for 2010
(AP)

Out-Frenching the French (BusinessWeek)

BusinessWeek - Ooh la la! Our family’s INSEAD MBA (INSEAD Full-Time MBA Profile) experience feels like one intense Twilight Zone episode. Time has lost all value, and it’s difficult to pinpoint when my husband, Mark, actually attended his first lecture. Was it four months ago or four days ago

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Out-Frenching the French
(BusinessWeek)

ECB’s Trichet warns of swaps misuse (AP)

AP - The European Central Bank’s chief warned Friday that credit default swaps “should not be misused in a speculative manner,” backing European leaders eager to curb market pressure on government debt.

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ECB’s Trichet warns of swaps misuse
(AP)

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