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subject cash plans
Ready Cash Could Reward Wall Street Bulls By Kenneth Barry NEW YORK (Reuters) - Stocks have gained little headway this year but could get a lift over the next couple months from an infusion of cash poised to come into the market from corporations and individuals, Wall Street experts say. This year the Dow Jones industrial average has risen less than 1 percent. The Standard & Poor's 500 an... : Ready Cash Could Reward Wall Street Bulls
Washington Mutual to buy Providian NEW YORK (Reuters) - Washington Mutual Inc. (WM.N: Quote , Profile , Research ) , the largest U.S. savings and loan, on Monday said it agreed to buy Providian Financial Corp. (PVN.N: Quote , Profile , Research ) for $6.45 billion, expanding its focus on middle-market consumers. Providian shareholders will receive 0.45 of a Washington Mutual share for each of their shares. The transaction values Providian at $18.71 per share, a 4.2 percent premium over Providian's $17.9... : Washington Mutual to buy Providian
IAC to Pay $1.85 Billion for Ask Jeeves PHILADELPHIA (Reuters) - Internet conglomerate IAC/InterActiveCorp (IACI.O: Quote , Profile , Research ) on Monday said it would buy Web search engine Ask Jeeves Inc. (ASKJ.O: Quote , Profile , Research ) for $1.85 billion in stock as it seeks to capitalize on growth in the Internet advertising and search markets. The purchase will pit media mogul B... : IAC to Pay $1.85 Billion for Ask Jeeves
Calpine warns of cash challenges NEW YORK (Reuters) - Power producer Calpine Corp. (CPN.N: Quote , Profile , Research ) on Wednesday warned its cash needs over the next year would exceed cash from operations and those on hand, and that maintaining sufficient liquidity depended on the success of a program to raise money from selling assets. Shares of Calpine were down 12 cents, or mor... : Calpine warns of cash challenges
MCI Says Won't Lower Takeover Guard PHILADELPHIA (Reuters) - MCI Inc. said on Monday it had no plan to amend a poison pill that helps thwart unwanted takeovers, and reaffirmed its aim to get the best takeover deal for all shareholders despite a lucrative private pact forged by its largest shareholder. Verizon Communications Inc. (VZ.N: Quote , Profile , Research ) , which plans to buy MCI (MCIP.O: Quote , Profile , Research ) ... : MCI Says Won't Lower Takeover Guard
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