Mergers & Acquisitions

UPDATE 1-Stifel earnings, revenue sink in line with views

Feb 15 - Regional brokerage Stifel Financial Corp said difficult markets led, as expected, to lower fourth-quarter earnings and revenue, but that business so far this year is off to a stronger start as confidence and financial markets rebound.

UPDATE 2-Ontario report urges austerity to tame deficit

* Commission says health, education programs too expensive

UPDATE 1-Kinross results hit by Tasiast impairment charge

TORONTO, Feb 15 - Kinross Gold reported a quarterly loss on Wednesday, as its results were hurt by a large goodwill impairment charge related to its Tasiast gold mine in West Africa.

TEXT-S&P revises AmerCable watch to positive

-- U.S. electric cable manufacturer Amercable Inc. has agreed to be acquired by France-based cable manufacturer Nexans S.A. for approximately $275 million. -- We are revising our CreditWatch listing on Amercable's ratings to CreditWatch positive from CreditWatch negative, where we placed them on Jan. 26, 2012, based on the higher rating on Nexans. -- In resolving the CreditWatch listing, we will monitor the progress that the companies have made toward closing the transactio

Stifel earnings, revenue sink, in line with views

Feb 15 - U.S. regional brokerage Stifel Financial Corp said on Wednesday its fourth-quarter earnings and revenue fell, in line with expectations, but showed improvement since September because of stronger banking and corporate advisory income.

UPDATE 1-Massachusetts agrees to Northeast Utilities' NSTAR buy

Feb 15 - Northeast Utilities said regulators in Massachusetts have agreed to their $4.17 billion takeover of NSTAR and the combined utility will freeze rates for four years and provide a rebate of $21 million to customers.

Deals of the day -- mergers and acquisitions

Feb 15 - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Wednesday.

UPDATE 1-Salini raises Impregilo stake to 20 pct

MILAN, Feb 15 - Italian construction group Salini said on Wednesday it had raised its stake in rival Impregilo to 20.06 percent from 15 percent in less than two months , a move that could heat up the battle to control Italy's biggest builder.

UPDATE 3-Cisco appeals EU's okay of Microsoft/Skype deal

Feb 15 - Cisco Systems Inc has challenged EU clearance of Microsoft Corp's acquisition of Internet voice and video service Skype at Europe's second highest court, saying the commission should have put tougher conditions on the deal.

UPDATE 3-Cenovus profit soars as partner search extended

* Says still seeking strategic partner for Telephone Lake

Stocks, Markets, Earnings, Energy, 2:40pm EST
Deals

M&A ($B)

 
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