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Alcan Plans to Buy Back Stock After Earnings Jump Update4 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$823.3 million ($733.5 million), after profit in the first half more than doubled. 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. 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. 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. CareFirst to give individuals option to buy health savings account Washington Business Journal Health insurer CareFirst BlueCross BlueShield said Tuesday it is offering a new health savings account insurance plan for people who have to buy coverage for themselves. Buy-out groups levying more debt Financial Times Buy-out groups levied near record amounts of debt on European companies they bought or refinanced in the third quarter, according to research from S&P’s Leveraged Commentary and Data. 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 strength in its cash flow going forward. Georgian tycoon plans to buy telecom assets Reuters via Yahoo! Asia News TBILISI, Oct 3 (Reuters) - Georgian businessman Badri Patarkatsishvili, an associate of exiled Russian tycoon Boris Berezovsky, plans to buy stakes in local telecom companies, his private equity firm Salford Georgia said on Tuesday. Skyworks Solutions upgraded to "buy" New Ratings NEW YORK, October 3 (newratings.com) - Analysts at Stifel Nicolaus & Company upgrade Skyworks Solutions Inc ( SWKS.NAS ) from "hold" to "buy." The target price is set to $10. Grayd Resource "speculative buy," target price reduced New Ratings NEW YORK, October 3 (newratings.com) - Analysts at Canaccord Adams maintain their "speculative buy" rating on Grayd Resource Corp (ticker: GYD). The target price has been reduced from C$2.10 to C$1.40.
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