Reuters Business News: Oil dips back below $61 - MSN Money

Reuters Business News: Oil dips back below $61 - MSN Money
U.S. light sweet crude for December slipped 34 cents to $60.82 a barrel by 0811 GMT eroding part of Thursday’s more than 2 percent gains. London Brent crude fell 36 cents to $60.96 a barrel.

Reuters Business News: Scottish Re posts loss; sale deal possible in weeks - MSN Money

Reuters Business News: Scottish Re posts loss; sale deal possible in weeks - MSN Money
It posted a net loss of $30.5 million or 54 cents a share compared with net income of $31.9 million or 66 cents a share in the year-ago quarter. The company cited one-off expenses and an “unusually high tax expense for the quarter” for the latest quarter.

Reuters Business News: Clear Channel bids due in coming days: sources - MSN Money

Reuters Business News: Clear Channel bids due in coming days: sources - MSN Money
Clear Channel which has about 1 150 stations said last month in response to reports that it was considering offers to be taken private that it had hired investment bank Goldman Sachs & Co. to help it evaluate strategic alternatives.