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October 31, 2007

US BioEnergy Fall Despite ‘Buy’ Upgrade

Shares of ethanol producer US BioEnergy Corp. fell Tuesday, even though a UBS analyst had upgraded the stock, saying it was trading at a discount to rivals like VeraSun Energy Corp.

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NYSE boosts Euronext bid to $10.2 bil

The New York Stock Exchange ratcheted up its fight to become the world's first trans-Atlantic stock trading center Monday, making a $10.2 billion cash-and-stock bid for European exchange operator Euronext NV. Euronext called it the best offer on the table.

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India's Rupee Gains After Stock Index Rises Most in Two Weeks

Oct. 29 (Bloomberg) -- India's rupee advanced for a second day after the local benchmark stock index climbed by the most in two weeks at a special one-hour trading session yesterday to mark a Hindu festival. Link to original article

Valent under informal SEC inquiry

Valeant Pharmaceuticals International is now under an informal investigation from the Securities and Exchange Commission regarding stock trading, and release of data from its first late stage trial of its hepatitis C treatment drug Viramidine.

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