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Business Yahoo
Euronext rebuffs Deutsche Boerse merger approach
(Reuters)
 Reuters - Deutsche Boerse detailed a
proposal to merge with Euronext, trying on Friday to step up
pressure on the five-nation exchange to wrap up drawn-out talks
on its future, as Italy joined the global bourse merger frenzy.
Stocks rise on techs, oil; break week-long fall
(Reuters)
 Reuters - U.S. stocks rose on Friday, ending a
week-long tumble in a see-saw session, as strength in tech
stocks offset a slide in shares of some commodity-related
companies.
CDC report supports Bausch & Lomb product recall
(Reuters)
 Reuters - A report by the U.S. Centers for
Disease Control and Prevention issued on Friday backed the
decision by Bausch & Lomb Inc. to recall its ReNu with
MoistureLoc contact lens solution, which has been linked to
dozens of cases of a serious eye infection.
Falconbridge open to other bids, still favors Inco
(Reuters)
 Reuters - Takeover target Falconbridge (FALlv.TO)
is an undervalued jewel in Canadian mining, its chief executive
said on Friday, and he said he was open to new offers beyond
the two proposals already in the works.
Fed's Hoenig warns of rate overshoot risk: report
(Reuters)
Reuters - The Federal Reserve needs to take
into account the lags with which interest rate changes affect
the economy, Kansas City Fed Bank President Thomas Hoenig said
on Friday, noting inflation already looked set to slow.
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