Wendy's to consider sale

(Reuters) - JP Morgan, as lead adviser, and Lehman Brothers Inc. as co-adviser, will conduct the sale exploration process, the company said, adding no specific timetable for the process was set.




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Nigerian unions to begin general strike Weds

(Reuters) - Nigerian unions will start an indefinite general strike in Africa's top oil producer on Wednesday to protest against rising prices and privatisations, the umbrella union body said on Monday.

The Nigeria Labour Congress's (NLC) top committee set the strike start after the expiry on Monday of an ultimatum to the government to reverse a fuel price increase, a doubling of value-added tax and the sale of two big oil refineries.


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JP Morgan says Boeing 787 up to 4 months late

(Reuters) - The head of Boeing's commercial airplane unit, Scott
Carson, said earlier on Monday that the plane was still on
schedule for roll out in July and test flight in August or
September. He said it would be delivered on time to the first
customer in May 2008.




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Italy's S&P/MIB Index Falls for First Time in Four Days, Paced by Alitalia

(Bloomberg) -- Italian stocks dropped for the first
day in four, led by shares of Unione di Banche Italiane Scpa and
Alitalia SpA.

The S&P/MIB dropped 185, or 0.4 percent, to 42914 at
10:44 a.m. in Milan, as 23 of its 40 members fell. Futures expiring
in September rose 111, or 0.3 percent, to 43,360.


Read more at Bloomberg Stocks News

Oil falls from 10-month high, supply risks support

(Reuters) - Oil fell below $71 a barrel on Monday after rising to a 10-month high last week on concern about low fuel supplies in top fuel consumer the United States.

Threats to oil supplies in Nigeria, the world's eighth-largest oil exporter, were likely to limit the decline for prices, analysts said. A general strike is due to start in Nigeria on Wednesday.


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Finish Line to acquire Genesco for $1.5 billion in cash

(Reuters) - The deal is expected to generate about $15 million to $20 million in annual cost savings beginning in the first full year of operations, the company added.




Read more at Reuters.com Mergers News

Embraer Wins $3.1 Billion in MId-Size Jet Orders From Lufthansa, Japan Air

(Bloomberg) -- Empresa Brasileira de Aeronautica SA,
a maker of jetliners for regional airlines, won orders worth as
much as $3.1 billion from Deutsche Lufthansa AG and Japan Airlines
Corp.

Lufthansa, Europe's second-largest carrier, ordered 30
Embraer 190 E-Jets and Japan Airlines ordered 10 170 E-Jets with
options on an additional five, the Sao Jose Dos Campos, Brazil-
based airline said today at the Paris Air Show.


Read more at Bloomberg Emerging Markets News