Reuters Business News: Equity Office says Blackstone raises bid - MSN Money
Equity Office the top U.S. office landlord and object of the largest-ever takeover battle in the real estate investment trust sector said its board unanimously approved the amended all-cash offer from the private equity firm and recommended that shareholders approve it over Vornado’s $56 per-share offer which includes part cash and part stock.

February 6, 2007 @ 9:59 AM · Filed under Uncategorized
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Reuters Business News: NEC cuts cellphone shipment forecast by 8 pct - MSN Money
NEC also said it now expects to post a loss of less than 40 billion yen ($333 million) in the cellphone business in 2006/07 an improvement over its previous estimate of a loss of 50 billion yen. .

February 6, 2007 @ 9:59 AM · Filed under Uncategorized
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Reuters Business News: BP’s Q4 profit falls cuts growth targets - MSN Money
The world’s third-largest fully publicly traded oil company by market value said in a statement its fourth-quarter replacement cost net profit which strips out changes in the value of inventories was $3.895 billion. Full-year profit was up 15 percent at $22.3 billion.

February 6, 2007 @ 9:58 AM · Filed under Uncategorized
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