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- Babcock Infrastructure to Sell 50% of Powerco to QIC (Update2) (Bloomberg)
Nov. 4 (Bloomberg) -- Babcock & Brown Infrastructure Group , owner of ports and energy transmission lines in Australia, Europe and the U.S., agreed to sell 50 percent of Powerco Ltd.'s New Zealand operations as it seeks to reduce debt. www.bloomberg.com
- EDITORIAL: Require big change for Big Three - TradingMarkets.com
If it doesn't -- if Congress hands over $25 billion in loans or equity with little more than a pat on the back -- then expect the carmakers to be back next spring asking for tens of billions more. Detroit needs excruciating change to survive. To ... www.tradingmarkets.com
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