* To retire $1.5 bln-plus in debt if no acquisition arises * Has hired bankers to sell British Columbia shale * Shares down 0.8 pct as analysts trim view Read Original Post Here
(For more Reuters DEALTALKS, click ) * Network gearmakers eye Bridgewater, Redknee, Sandvine * Multi-platform compatibility of cos lure possible buyers Read Original Post Here
Reuters - U.S. Senate Republicans blocked a $30-billion plan to help community banks boost lending to small businesses, dealing a blow to President Barack Obama’s election-year battle to reduce unemployment. Read Original Post Here
AFP - The United States risks “Japanese-style” economic stagnation like that seen in the Asian giant’s “lost decade,” top Federal Reserve official James Bullard warned in a gloomy paper published Thursday.
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AFP - The euro soared past the 1.31-dollar mark Thursday, its best showing since early May, on reports of strengthening eurozone confidence and an improvement in Germany’s employment picture.
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Reuters - The Federal Reserve should consider buying more Treasury securities, instead of promising an extended period of low rates to support recovery, should inflation drift lower, a top Fed official said. Read Original Post Here
Reuters - New claims for unemployment benefits slipped last week, but stayed at a stubbornly high level that underscored the labor market recovery was having trouble gaining traction.
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AP - A Federal Reserve official says the central bank should revive a crisis-era program to buy government debt if the country seems headed toward a bout with deflation. Read Original Post Here
AP - Challenging civil rights organizations and teachers’ unions that have criticized his education policies, President Barack Obama said Thursday that minority students have the most to gain from overhauling the nation’s schools.
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AP - Vehicle parts maker Federal-Mogul Corp. reported a $49 million profit for the second quarter on Thursday as the company capitalized on its global restructuring while the auto industry continued to recover from the recession. Read Original Post Here