| Leighton awarded $409m Hong Kong contract LEIGHTON Holdings has been awarded a $409 million contract to build tunnel sections of a Hong Kong rail link. news.com.au |
Glut of Pending I.P.O.’s, but the Market Mood Is Iffy Some 161 companies are seeking to raise more than $56 billion through initial public offerings, the largest volume on record for pent-up I.P.O.’s. nytimes.com |
Wall Street slips after 4-week rally, M&A active [Reuters] - U.S. stocks fell on Monday amid a flurry of proposed acquisitions as investors paused following four straight weeks of gains on Wall Street. finance.yahoo.com |
US STOCKS-Dow, S&P 500 slip as Fed minutes on tap * King Pharma soars on Pfizer takeover deal * Fed minutes due at 2 p.m. EDT * Dow off 0.3 pct, S&P off 0.2 pct, Nasdaq up 0.2 pct * For up-to-the-minute market news see us.rd.yahoo.com |
Australia Post in profit plunge AUSTRALIA Post has more than halved its annual net profit in 2009/10, but says its parcel business is benefiting from the high dollar and business direct mail volumes are returning to pre-crisis levels. news.com.au |