Fitch has assigned a rating of ‘BB+’ to Interoceanica IV Finance Limited, a Peruvian securitization of government payment obligations in connection with parts of the IIRSA Sur toll road concession. The total aggregate amount of $562,437,825, issued in two zero-coupon series(2007-1 and 2007-2), will be indirectly used to cover the costs of expansion and improvements [...]

Leading NBFC Sundaram Finance Ltd., which has over 2.5 lakh depositers, has announced that it has increased the interest rates by 150 basis points for 2 and 3 year Fixed Deposits (FD). The interest rates on 1 year FDs are up 100 basis points.
The revised interest rates are 9.5% for 1 year deposits, 10% for [...]

Robust demand for Windows Vista and the 2007 Microsoft Office system drives 72% growth in earnings per share
Microsoft Corp. today announced revenue of $14.40 billion for the quarter ended March 31, 2007, a 32% increase over the same period of the prior year. This revenue drove record profits with operating income of $6.59 billion and [...]

Navigant Consulting, Inc. (NYSE:NCI):
First quarter 2007 revenues increased 10 percent, year over year, from $166.3 million to $183.3 million, and increased from $179.2 million in the fourth quarter of 2006.
EBITDA for the first quarter of 2007 was $27.9 million, compared to $30.7 million in the first quarter of 2006 and $36.0 million in the fourth [...]

The Board of Directors of CBRE Realty Finance, Inc. (NYSE: CBF) today announced that Keith Gollenberg will leave the positions of Chief Executive Officer and President and resign as a Director effective immediately. Ray Wirta, Chairman, will assume the additional responsibilities of Executive Chairman and interim CEO and President while the Company recruits a permanent [...]

Research and Markets (http://www.researchandmarkets.com/reports/c54999) has announced the addition of “Islamic Finance: The Regulatory Challenge” to their offering.
“Islamic Finance: The Regulatory Challenge…is therefore timely and a truly welcome addition to the growing literature on this subject…I congratulate the two professors for their fine contribution to the evolving art and science of the regulation of Islamic finance.”–Dr. [...]

MarkMonitor®, the global leader in enterprise brand protection, today announced that Online Channel Protection™ from MarkMonitor is the first brand protection solution to provide a direct reporting interface to eBay Inc.’s (eBay) Verified Rights Owner (VeRO) program. This direct interface offers real-time reporting of copyright and trademark infringement including counterfeit protection for brand owners. The [...]

REVShare’s time-tested TV advertising model solves recent challenges of automated spot trading while satisfying both the needs of advertisers and media. The hybrid model incorporates direct response (DRTV), cost-per-action (CPA), and traditional audience measurement. REVShare’s technology, CPA Metrics™, provides advertisers with impressions and rating points equivalency, as well as daypart and DMA delivery of CPA [...]

AstraZeneca Plc, struggling to develop new medicines, agreed to buy U.S. biotechnology company MedImmune Inc. for $15.2 billion in cash to gain flu vaccines and an antiviral treatment for babies.
Investors in MedImmune will get $58 a share, AstraZeneca said today. That’s 21 percent more than MedImmune’s April 20 closing price of $48.01. MedImmune, based in [...]

The auction for Alliance Boots could have further to run. Terra Firma believes it will be able to submit a firm £10.9bn ($21.8bn) offer but will then face a higher counterbid from Kohlberg Kravis Roberts, its rival private equity s
Competing bids from a consortium of KKR and Stefano Pessina, executive deputy chairman of Alliance Boots, [...]