Reuters - Asian stocks rose to a four-month high on Friday as some investors were inspired by positive U.S. and Japanese economic data to pick out bargains, with the shift to riskier assets weighing on the yen.
Casey's in buyout talks with 7-Eleven
(Reuters)
Reuters - Casey's General Stores Inc confirmed it was in buyout talks with convenience store operator 7-Eleven, which offered the company $40 per share in cash earlier this month.
Nokia says Microsoft's Elop to be new CEO
(Reuters)
Reuters - Nokia (NOK1V.HE), the world's top cellphone maker, said Stephen Elop, the head of Microsoft's Business Division, was to be its new chief executive, leading a renewed effort to compete in the smartphone market.
SEC says proposed Citi settlement is fair
(Reuters)
Reuters - The top securities regulator defended its proposed $75 million settlement with Citigroup , saying the penalty reasonably accounts for the seriousness of the bank's alleged misconduct, according to a document filed in court on Wednesday.
Irish bonds rebound, banks hold ground after Anglo
(AP)
AP - Investors welcomed Ireland's plan to split up its most debt-crippled bank, Anglo Irish, by bidding strongly Thursday for government bonds. Ireland's battered bank shares also held their ground.
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