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Australian Pipeline to buy Allgas for assets International Herald Tribune
Australian Pipeline Trust, a pipeline owner seeking to fend off a hostile approach from Alinta, said Tuesday that it had agreed to buy the Allgas gas distribution business in Queensland for 521 million Australian dollars, or $390 million, as it seeks fast- growing assets.
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Alcan Plans to Buy Back Stock After Earnings Jump Update2 Bloomberg.com
Oct. 3 (Bloomberg) -- Alcan Inc., the world's second-largest aluminum producer, plans to buy back as much as 5 percent of its stock, valued at C$839.4 million ($748.8 million), after profit in the first half more than doubled.
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Great Portland Is in Talks to Buy London Merchant Update2 Bloomberg.com
Oct. 3 (Bloomberg) -- Great Portland Estates Plc, which owns properties in London's West End, home to the world's most expensive offices, said it may buy London Merchant Securities Plc, a real estate company that operates in the same part of the U.K. capital.
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Australian Pipeline to Buy Allgas for Asset Growth Update5 Bloomberg.com
Oct. 3 (Bloomberg) -- Australian Pipeline Trust, a pipeline owner seeking to fend off a hostile approach from Alinta Ltd., agreed to buy the Allgas gas distribution business in Queensland for A$521 million ($390 million) as it seeks fast-growing assets.
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Laettner in group trying to buy Memphis Grizzlies The Buffalo News
MEMPHIS, Tenn. - An investment group that includes Christian Laettner and his former Duke teammate Brian Davis has reached an agreement to buy 70 percent of the Memphis Grizzlies.
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Aluminum giant Alcan to buy back up to five per cent of stock Canadian Business
MONTREAL (CP) - Major aluminum producer Alcan Inc. (TSX:AL) said Tuesday it plans to buy back up to five per cent of its 376 million outstanding shares, citing expected solidity in its cash flow going forward.
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Gilead to buy Myogen for $2.5B cash AP via Yahoo! News
Gilead Sciences Inc., a drug research company, said Monday it plans to buy Myogen Inc. for about $2.5 billion in cash, giving Gilead access to Myogen's heart-drug candidates.
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Blackboard upgraded to "strong buy" New Ratings
Tuesday, October 03, 2006 10:36:51 AM ET Davenport & Co. NEW YORK, October 3 (newratings.com) - In a research note published yesterday, analyst Bennett Notman of Davenport & Company upgrades Blackboard Inc ( BBBB.NAS ) from "buy" to "strong buy." The target price has been raised from $30 to $36.
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Tis "buy," target price reduced New Ratings
LONDON, October 3 (newratings.com) - In a research note published yesterday, analysts at Deutsche Bank Securities maintain their "buy" rating on Tis Inc ( TOJ.MUN ), while reducing their estimates for the company. The target price has been reduced from ¥3,710 to ¥3,360.
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Helix Energy Solutions "buy," target price reduced New Ratings
NEW YORK, October 3 (newratings.com) - Analysts at Capital One Southcoast maintain their "buy" rating on Helix Energy Solutions (ticker: HLX), while reducing their estimates for the company. The target price has been reduced from $57 to $56.
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