ATLANTA— Birch Communications Inc. is buying technology and communications equipment provider Cbeyond for about $323 million. Cbeyond announced in November that it was considering its strategic options. Cbeyond Inc. stockholders will receive between $9.97 and $10 per share.» Read More
Nov 27- Researchers have found a higher rate of dangerous blood clots in patients who received Thoratec Corp's HeartMate II heart pump than had been seen in clinical trials or prior experience, according to a study published on Wednesday. The findings were reported in the New England Journal of Medicine.
BUENOS AIRES, Nov 27- The compensation deal being negotiated between Argentina's YPF and Spain's Repsol will open opportunities for foreign companies to invest in the South American country's vast untapped oil and natural gas resources, the head of YPF, Miguel Galuccio, told Reuters on Wednesday.
TOKYO, Nov 28- Asian shares held steady early on Thursday, although Japanese stocks look set to head back towards a 5-1/ 2 year peak reached in May after the yen fell sharply on the back of relatively positive U.S. economic data.
*Trading light with U.S. markets shut for Thanksgiving on Thursday. SYDNEY, Nov 28- The yen languished at fresh lows against the euro and dollar early in Asia on Thursday on track for one of its worst monthly performance this year, while sterling climbed on more evidence of a stronger economic recovery at home.
*Citigroup accuses Guy Hands of "legal tourism". NEW YORK, Nov 27- British financier Guy Hands is engaging in "legal tourism" by pursuing a U.S. lawsuit accusing Citigroup Inc bankers of defrauding him into overpaying for music company EMI Group Ltd, and his case should be dismissed because it does not belong in the United States, the bank said on Wednesday.
Nov 27- U.S. oil and gas producer W&T Offshore Inc said it had recently received notices from U.S. government regulators related to environmental issues that could affect some of its operations on federal oil and gas leases in the Gulf of Mexico.
BRASILIA, Nov 27- Brazil raised interest rates on Wednesday for the sixth straight time, ending a short-lived era of single-digit borrowing costs that failed to reignite Latin America's largest economy and instead fed inflation.
Nov 27- Researchers have found a higher rate of dangerous blood clots forming in patients who received Thoratec Corp's HeartMate II heart pump than had been seen in clinical trials or prior experience, according to a study published on Wednesday.
CHICAGO, Nov 27- A month ago, Steve Walk was on the brink of deals to sell two big oil refiners some of his company's specialized oil pumps, which serve up fuel that is 85 percent ethanol, a biofuel made mostly from corn.
*HP, Apple lead tech sector's rally. NEW YORK, Nov 27- The Dow and the S&P 500 closed at record highs on Wednesday, led by Hewlett-Packard's jump a day after the personal computer maker's earnings, while the Nasdaq finished at a 13- year high.
NEW YORK, Nov 27- A former analyst testified on Wednesday that SAC Capital Advisors portfolio manager Michael Steinberg pushed him to obtain "edgy" information about technology companies after he had made money-losing recommendations.
Nov 27- President Barack Obama signed a bill into law on Wednesday that gives U.S. health regulators greater oversight of bulk pharmaceutical compounding and strengthens their ability to track drugs through the distribution pipeline.
CHICAGO, Nov 27- U.S. manufacturers are pumping money into domestic operations again, according to government figures. The figures on so-called "capex" spending from the U.S. Commerce Department's Bureau of Economic Analysis offer a glimpse of the investment priorities of a sector that some argue is poised for growth after decades of contraction.
WASHINGTON, Nov 27- The Obama administration says it is on target to make its problematic health insurance website work smoothly for the "vast majority" of users by this weekend, but some Americans who want coverage by Jan. 1 may not be able to get it- even if they successfully navigate the portal and sign up for a plan.
Nov 27- Solid-state hard drive maker OCZ Technology Group Inc said it had received an offer from Toshiba Corp to buy the company in a planned bankruptcy proceeding. OCZ, which has a market capitalization of $43 million, said it had "substantially completed" negotiations with Toshiba on an asset purchase agreement.
NEW YORK, Nov 27- U.S. stocks advanced on Wednesday, pushing the Dow and the S&P 500 to records and the Nasdaq finished at a 13- year high after earnings from Hewlett-Packard helped lift the technology sector. The Dow Jones industrial average rose 24.53 points or 0.15 percent, to end unofficially at 16,097.33.
SYDNEY, Nov 27- Archer Daniels Midland Co will invest A $200 million in agricultural infrastructure should it win approval for its A $2.8 billion takeover of Australia's GrainCorp, the U.S. agribusiness said, in a move seen as a sweetener for farmers ahead of a regulatory deadline.
NEW YORK, Nov 27- U.S. crude oil futures tumbled on Wednesday as a higher-than-expected build in inventories weighed down prices, while unrest in Libya propped up Brent.
The settlements end a federal fraud lawsuit begun in February 2008 by the Humane Society of the United States, which had obtained a video that appeared to show inhumane cattle treatment and improper inspections of sick cattle at a Chino, California, plant run by Westland Meat Co. and Hallmark Meat Co..
NEW DELHI/ SHIRDHON, India, Nov 28- Pandurang Ghorpade has the weather to thank as he hands out celebratory sweets to neighbours eager for a ride on his prized new possession, a gleaming red tractor bought in anticipation of a bumper harvest.