LME Receives a Number of Proposals That May Lead to Takeover

By Agnieszka Troszkiewicz – May 8, 2012 The London Metal Exchange, the world’s biggest metals bourse, received multiple proposals that may lead to a takeover. The proposals will be considered by the board, the LME said in a statement today. They were from companies that had been shortlisted after assistance from Moelis & Co., the LME’s adviser, according to the

U.S. Manufacturing Grows at Fastest Pace in a Year

By Alex Kowalski – May 1, 2012 Manufacturing grew in April at the fastest pace in almost a year, propelled by a pickup in orders that signaled factories will remain a source of strength for the U.S. expansion. The Institute for Supply Management’s factory index climbed to 54.8 last month, exceeding the most optimistic forecast in a Bloomberg News survey and

China Manufacturing Improvement Signals Growth Rebound

By Bloomberg News – May 2, 2012 A Chinese manufacturing index rose in April, signaling that a rebound in the world’s second-biggest economy may help to offset constraints on global growth from austerity measures in Europe. The 49.3 final reading of a purchasing managers’ index from HSBC Holdings Plc (HSBA) and Markit Economics today compares with a preliminary 49.1 reported April

Copper Advances in London on Demand Outlook: LME Preview

By Maria Kolesnikova – Mar 26, 2012 Copper climbed for a second day on speculation demand from China and the U.S., the world’s biggest consumers of industrial metals, remains robust, and after hedge funds boosted bets on a rally to the highest since August. Metal Prices: – Copper rose 0.3 percent to $8,400 a metric ton by 7:39 a.m.

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