| Percussion group far from booked, River Campus official says
The street-percussion extravaganza "STOMP" may not be part of the 2007-2008 season at the River Campus despite prior reports in the Southeast Missourian indicating that it would be. On March 28 the Southeast Missourian reported "STOMP" would be part of the schedule after a speech to the Tri-State Advertising and Marketing Professionals delivered by Robert Cerchio, assistant director of the Southeast Missouri State University School of Visual and Performing Arts, who books acts for the River Campus. The Southeast Missourian also printed an editorial Wednesday that included "STOMP" in its discussion of River Campus offerings. However "STOMP" is far from booked, Cerchio said Wednesday. A season ticket brochure that will be going out to potentially season ticket buyers soon will not include "STOMP," but that doesn't mean the show will not come to the River Campus, Cerchio said.
Wedding bells ringing for Jet-Sahara
The Jet-Sahara saga, is set to unfold its final chapter today. After 10 months of haggling and finally with a discount of Rs 750 crore discount, Jet may finally get Sahara cheaper, reports CNBC-TV18. "We cannot comment anything. The matter is before the arbitration panel," says Naresh Goyal, Chairman, Jet Airways. But Naresh Goyal's smile gave everything away. The Jet Airways chief heaving a sigh of relief, finally sealing a compromise with Sahara after a bitter, 10 month legal battle. According to sources, Jet will pay a total of Rs 1,450 crores for Sahara; of that Rs 500 was paid last year. Rs 400 crores will be paid when the agreement is signed and the balance Rs 550 crores will be payable in 4 equal, annual, interest free installments starting March 08. Meanwhile sources say the over Rs 500 crore losses made by Sahara since the deal broke, will be borne by Sahara's promoters themselves.
FTA talks with Japan set to begin
Australia and Japan begin negotiations for a Free Trade Agreement (FTA) next week - a treaty that could benefit Australia by up to $40 billion over the next 20 years. The first meetings of the two sides over Monday and Tuesday will set the framework and schedule for the negotiations, rather than getting into specific details of the FTA, a senior official from the FTA task force told a media briefing. "All products and issues will be on the table from the beginning of the negotiations," the official said. "I'm sure there will be tricky issues as we go down the path and we expect agriculture will be a difficult aspect of the negotiations." Japan's powerful agriculture sector has lobbied hard to be left off the negotiation table, but initial research conducted by the Department of Foreign Affairs and Trade found that in some cases Japan would gain 100 per cent from entering an FTA with Australia.
FSA removes 151 small firms from approval
The Financial Services Authority (FSA) has removed regulatory approval from 151 small financial firms and individuals during 2006/07. Most were removed for failing to submit their Retail Mediation Activities Returns (RMAR), part of the FSA's electronic reporting system, despite reminders. ‘Ensuring that firms implement and maintain these conditions is a priority for us,' said director of small firms at the FSA, Stephen Bland. ‘The action we take against firms who do not comply with our minimum standards and our tough stance on firms' continued failure to submit the RMAR is working. ‘In other cases we removed firms' permissions to carry out regulated business as they either could not or would not make the necessary changes to comply.' next page... .
PYR Energy Reports Revised Tender Offer From Samson Acquisition ...
(RTTNews) - PYR Energy Corp. (PYR | charts | news | PowerRating), an independent oil and gas company, on Wednesday reported that Samson Acquisition Corp., a subsidiary of Samson Investment Company, has agreed in principle to make a revised tender offer to purchase all of the outstanding shares of the common stock of the company for $1.30 per share in cash. The agreement is subject to the negotiation and execution of a definitive merger agreement. Samson Acquisition Corp. had earlier commenced an unsolicited tender offer, which is expected to be extended. The Board of Directors of PYR Energy will recommend, subject to the successful negotiation of a definitive merger agreement and the receipt of a fairness opinion from its financial advisor, that the company's shareholders accept the revised offer made by Samson Acquisition.
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