UPDATE 1-TNK-BP says fully resolves shareholders' dispute - Reuters

UPDATE 1-TNK-BP says fully resolves shareholders' dispute - Reuters
MOSCOW, Oct 3 (Reuters) - Russia's No. 3 oil firm, TNK-BP, half owned equally by oil major BP (BP.L: Quote , Profile , Research , Stock Buzz ) and a quartet of Russia-connected billionaires, said on Friday it had fully resolved its shareholders

Toronto stock index drops 6 percent as fertilizers dive - Reuters Canada
TORONTO (Reuters) - The Toronto Stock Exchange's main index sank more than 700 points on Thursday afternoon as fertilizer companies Potash Corp and Agrium plunged after a ratings downgrade, while oil and gold prices also tumbled. The S&P/TSX

SGX says to remain profitable - Straits Times
SINGAPORE Exchange (SGX), Asia's second-largest listed stock exchange, said on Friday it was confident of remaining profitable this fiscal year despite the sharp drop in share prices and trading volume. SGX's Chief Financial Officer Seck Wai Kwong

Thain to join senior ranks of BofA managers after takeover - Financial Times
John Thain, chief executive of Merrill Lynch, plans to stay at Bank of America after the two merge next year, it was announced yesterday, raising speculation that he could end up running the larger group. Ken Lewis, BofA chief executive, said Mr

Stocks tumble as fears of economic slump rise - Los Angeles Times
NEW YORK -- It's still the economy, stupid. That was the message from the raw-nerved stock market Thursday as immediate economic concerns overtook the fate of the government rescue package in investors' minds. The bailout saga had dominated the

India Hot Stocks:Spice Comm falls on report it lost subscribers - Reuters India
MUMBAI, Oct 3 (Reuters) - The following stocks were on the move at the BSE on Friday. At 10.49 a.m. the benchmark 30-share BSE index was down 1.23 percent at 12,895.32 points. The 50-share National Stock Exchange Index was down 1.23 percent at 3,902

Tokyo shares slide on US bailout, economy worries - International Herald Tribune
TOKYO : Tokyo share prices plunged Friday to their lowest level in more than three years on growing fears that even a passage of the proposed U.S. financial bailout package cannot stop the American economy from slipping into a recession. A spate of

Constellation deal still on - Baltimore Sun
Warren E. Buffett 's MidAmerican Energy Holdings Co. said yesterday that it is moving forward with a planned $4.7 billion acquisition of Baltimore-based Constellation Energy Group after completing a review of the BGE parent's retail and wholesale

BHP Leads Commodity Stocks Lower on Recession Concern (Update2) - Bloomberg
Oct. 3 (Bloomberg) -- BHP Billiton Ltd. , the world's biggest mining company, and Incitec Pivot Ltd. led drops in commodity stocks on concern looming recessions in the U.S., Europe and parts of Asia will further cut raw-material prices and demand