M2 EquityBites

-Canaccord Genuity Runs Colorado Resources Ipo

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - Canaccord Genuity Corp has served as agent for the initial public offering (IPO) of Colorado Resources Ltd for gross proceeds of USD2m (EUR1.4m), the Canadian mineral exploration firm said on Tuesday after the close of the transaction.

-Australian Amp Bank to Update Bond Investors This Week

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - Australian AMP Bank, part of wealth manager AMP, is hosting a "no-deal" roadshow this week, a fund manager in talks with the bank told Reuters today.

-Jefferies Issues Usd500m 2015 Notes

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - US investment bank and securities firm Jefferies Group Inc (NYSE:JEF) yesterday placed USD500m (EUR357m) five-year senior unsecured debt, shows data by Thomson Reuters service IFR.

-Deutsche, Jpmorgan, Rbc Run Williams Partners' Usd600m Notes Sale

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - Deutsche Bank Securities, JPMorgan (NYSE:JPM) and RBC Capital Markets have served as joint bookrunners of the USD600m (EUR427.5m) senior notes offering of Williams Partners LP (NYSE:WPZ), the US gas pipeline assets operator said on Tuesday.

-Flagstar Bancorp Sells Usd385.8m Stock, Usd474m Bad Loans

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - US bank holding company Flagstar Bancorp Inc (NYSE: FBC) said on Tuesday it had completed a public equity offering for net proceeds of USD385.8m (EUR274.9m) and had agreed to shed USD474m of non-insured non-performing residential first mortgage loans.

-Parkland Financial Advisors Help Gas Natural Sell Usd17.7m 2017 Notes

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - Parkland Financial Advisors has acted as placement agent for the USD17.7m (EUR12.6m) senior secured guaranteed notes sale of US gas utility Gas Natural Inc (AMEX:EGAS), the latter said on Tuesday.

-Yuhe Stock Offering Underwriters Use Greenshoe Option

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - Chinese broiler breeder Yuhe International Inc (NASDAQ:YUII) said on Tuesday it reaped gross proceeds to USD29m (EUR21m) from the public sale of 4.14m common stock, including the full use of the over-allotment option by the underwriters.

-Toronto-Dominion Bank Replaces Wealth Management Head

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - Toronto-Dominion Bank (TSE:TD) has appointed Mike Pedersen to lead its wealth management unit, spokesman Wojtek Dabrowski confirmed on Tuesday.

-Greek Geniki Bank Broadens Jan-Sep '10 Loss to Eur304m On Higher Credit Costs

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - Greek Geniki Bank, owned by French Societe Generale (EPA:GLE), said on Tuesday its nine-month 2010 loss widened to EUR304m (USD426m) from EUR51.4m in the same period of 2009 due to a surge in credit costs triggered by the economic deterioration.

-Italy's Credito Artigiano 9-Mo Profit Down 20% Y/Y to Eur16.6m

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - Italian bank Credito Artigiano SpA (BIT:CRA) on Tuesday reported a 20% yearly drop in its nine-month 2010 net profit of EUR16.6m (USD23.2m).

-S&P Ends Takefuji Ratings

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - S&P on Tuesday discontinued rating coverage on Japanese consumer lender Takefuji Corp (TYO:8564).

-Marc Sets Prelim Aaa(Bg) Rating On Boustead Mtns

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - MARC on Tuesday gave a provisional rating of AAA(bg) with a "stable" outlook to Boustead Holdings Berhad's ( KUL:BSTEAD) MYR1bn (USD324m/EUR231m) bank-guaranteed medium-term notes.

-Marc Upholds Tradewinds Capital's Sukuk Ijarah Ratings

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - MARC said on Tuesday it has maintained at AAAIS and AA+IS the respective ratings with "stable" outlooks on Tradewinds Plantation Capital's asset-backed MYR180m (USD58m/ EUR42m) class A and MYR30m Class B Sukuk Ijarah issues.

-Marc Rates Bank of East Asia at Aaa

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - Malaysian rating service MARC said on Tuesday it has rated at AAA with a "stable" outlook The Bank of East Asia (HKG:0023) reflecting its superior capacity to meet financial obligations relative to domestic peers.

Coopers Board Declares Usd0.27 Dividend

EQUITYBITES-(C)2010 M2 COMMUNICATIONS The board of directors of Cooper Industries plc (NYSE:CBE), an electrical products manufacturer, on Tuesday declared a regular quarterly dividend of USD0.27 on each share of its outstanding common stock.

Pratt & Whitney Ecopower Engine Wash Selected by Singapore Airlines Cargo

EQUITYBITES-(C)2010 M2 COMMUNICATIONS Singapore Airlines Cargo has signed a three-year agreement for Pratt & Whitney's environmentally friendly EcoPower engine wash service.

Pratt & Whitney Signs Engine Management Programme with Jordan Aviation

EQUITYBITES-(C)2010 M2 COMMUNICATIONS Jordan Aviation has selected Pratt & Whitney Global Service Partners (GSP) for a three-year Engine Management Programme agreement. Financial details of the agreement, announced on Tuesday, were not available.

-Westfield May Slip Down S&P Investment Grade On Demerger

EQUITYBITES-(C)2010 M2 COMMUNICATIONS 3 November 2010 - S&P today underscored the downside rating risk for Sydney-based shopping mall owner Westfield (ASX:WDC) stemming from its restructuring move.

Pratt & Whitney Receives Design Organization Approval From Civil Aviation Authority of Singapore

EQUITYBITES-(C)2010 M2 COMMUNICATIONS The Civil Aviation Authority of Singapore (CAAS) has awarded Pratt & Whitney Design Organisation Approval (DOA) in support of Pratt & Whitney's multi-year Fleet Technical Management Agreement with Singapore Airlines Cargo, Pratt & Whitney announced on Tuesday.

Clorox Posts Net Income of Usd140m in First Quarter of 2010

EQUITYBITES-(C)2010 M2 COMMUNICATIONS Manufacturer and marketer of consumer products The Clorox Company (NYSE:CLX) on Tuesday reported net earnings from continuing operations of USD140m or USD0.98 per diluted share for the first quarter of fiscal 2011, ended 30 September 2010.