Business News

More

• UPDATE 2-Britain could face electricity shortfall - regulator Friday, 5 Oct 2012 | 7:32 AM ET

  LONDON, Oct 5- Britain faces a potential shortfall in electricity generation in the next three to four years, its power regulator said on Friday, due to the closure of coal and oil-fired plants to cut carbon emissions.

• BRIEF-Moody's:Announced merger of T-Mobile USA & MetroPCS Wireless Inc. is credit positive Friday, 5 Oct 2012 | 7:31 AM ET

  *Moody's has today said that it views as credit positive for Deutsche Telekom the announcement by the company and MetroPCS Communications Inc. that they plan to merge T-Mobile USA and MetroPCS Wireless Inc..

• BRIEF-Lizhan Environmental to delist itself from NASDAQ Friday, 5 Oct 2012 | 7:31 AM ET

  Oct 5- Lizhan Environmental Corp:. *Announces plan to voluntarily delist from NASDAQ stock market. Oct 5- Lizhan Environmental Corp:.

• TEXT-S&P summary: BSH Bosch und Siemens Hausgeraete GmbH Friday, 5 Oct 2012 | 7:30 AM ET

  Oct 05-=============================================================================== Summary analysis-- BSH Bosch und Siemens Hausgeraete GmbH-------- 05- Oct-2012============================================================================== CREDIT RATING: A/Stable/A-1 Country: Germany Primary SIC: Household appliances, nec=============================================================================== Credit Rating History: Local currency Foreign currency 16- Aug-2010 A/A-1 A/A-1 25- May-2004 A-/A-2 A-/A-2=============================================================================== Rationale.

• UPDATE 1-EuroChem files $800mln claim against Shaft Sinkers Friday, 5 Oct 2012 | 7:29 AM ET

  *Shares in Shaft Sinkers fall more than 7 percent. MOSCOW, Oct 5- EuroChem, Russia's largest mineral fertilizer producer, said on Friday it had filed an $800 million compensation claim against Shaft Sinkers for delays to the building of a lift shaft at one of its potash projects.

• New Issue-EIB adds 200 mln stg to 2016 bond Friday, 5 Oct 2012 | 7:27 AM ET

  October 05- Following are terms and conditions. of a bond increased on Friday.

• UPDATE 1-Telefonica reports solid demand for bond issue Friday, 5 Oct 2012 | 7:27 AM ET

  *Telefonica to raise 1.2 bln euros with 7- yr bond. MADRID, Oct 5- Debt-laden Spanish telecoms group Telefonica issued seven-year debt on Friday, IFR reported, in its second cash call in a month, taking advantage of ECB-backed credit improvements in struggling euro zone countries.

• US STOCKS-Futures edge up ahead of payrolls report Friday, 5 Oct 2012 | 7:26 AM ET

  NEW YORK, Oct 5- U.S. stock index futures were slightly higher in thin trading Friday, after four days of gains on the S&P 500, and ahead of a government payrolls report expected to show a tick up in hiring last month and a slight increase in the unemployment rate.

• UPDATE 1-EU watchdog blasts stagnant talks on insurer rules Friday, 5 Oct 2012 | 7:25 AM ET

  *EIOPA head writes strong letter to EU Commissioner. FRANKFURT, Oct 5- EU insurance watchdog EIOPA on Friday blasted "stagnation" in political talks to finalise new risk-capital rules for the insurance sector in a strongly worded letter to the EU Commissioner in charge of regulation, Michel Barnier.

• RESEARCH ALERT-Shore raises Matchtech to buy Friday, 5 Oct 2012 | 7:24 AM ET

  Oct 5- Matchtech Group PLC:. *Shore raises Matchtech to buy from sell For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

• RESEARCH ALERT-Wedbush cuts Informatica Corp price target Friday, 5 Oct 2012 | 7:24 AM ET

  *Wedbush cuts Informatica Corp price target to $31 from $40; rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

• RESEARCH ALERT-BMO raises New Flyer Industries target price Friday, 5 Oct 2012 | 7:24 AM ET

  Oct 5- New Flyer Industries Inc:. *BMO raises New Flyer Industries target price to C $8 from C $7.25;. Reuters Station users, click. 1568.

• RESEARCH ALERT-Wedbush raises Buffalo Wild Wings Inc to outperform Friday, 5 Oct 2012 | 7:23 AM ET

  Oct 5- Buffalo Wild Wings Inc:. *Wedbush raises Buffalo Wild Wings Inc to outperform from neutral;. Reuters Station users, click. 1568.

• RESEARCH ALERT-Wedbush cuts Zynga price target Friday, 5 Oct 2012 | 7:23 AM ET

  *Wedbush cuts Zynga Inc price target to $4 from $7; rating outperform. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

• RESEARCH ALERT-Stonecap starts Alexco Resource Corp with outperform Friday, 5 Oct 2012 | 7:23 AM ET

  Oct 5- Alexco Resource Corp:. *Stonecap starts Alexco Resource Corp with outperform rating. Reuters Station users, click. 1568.

• RESEARCH ALERT-Stonecap starts Midway Gold Corp with outperform rating Friday, 5 Oct 2012 | 7:23 AM ET

  Oct 5- Midway Gold Corp:. *Stonecap starts Midway Gold Corp with outperform rating. Reuters Station users, click. 1568.

• TEXT-Fitch: Smooth Georgia power shift positive, uncertainties arise Friday, 5 Oct 2012 | 7:23 AM ET

  Oct 05- A peaceful transfer of power following Georgia's parliamentary elections reflects positively on the country's institutions, Fitch Ratings says, but may be partly offset by an increase in policy uncertainty. The poll held 1 October was a test of Georgia's capacity to hold competitive elections.

• RESEARCH ALERT-BMO raises Raging River Exploration target price Friday, 5 Oct 2012 | 7:23 AM ET

  *BMO raises Raging River Exploration Inc target price to C $3.25 from. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

• RESEARCH ALERT-TD Securities raises Quebecor to action list buy Friday, 5 Oct 2012 | 7:22 AM ET

  *TD Securities raises Quebecor Inc price target to C $50 from C $47. *TD Securities raises Quebecor Inc to action list buy from buy. Reuters Station users, click. 1568.

• RESEARCH ALERT-BMO starts Marketaxess with market perform Friday, 5 Oct 2012 | 7:22 AM ET

  Oct 5- MarketAxess Holdings Inc:. *BMO starts Marketaxess with market perform rating; target price of $33. Reuters Station users, click. 1568.