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NAB gearing up for Northern Rock takeover: report
January 3, 2010 – 11:00 pm
NAB gearing up for Northern Rock takeover: report

National Australia Bank (NAB.AX) is gearing up for a takeover of nationalized British lender Northern Rock (NRKx.L) and has held a “beauty parade” of potential advisors on the deal, reported The Observer.

Brazil’s Itau may buy stakes in RBS, Lloyds: report
January 3, 2010 – 11:00 pm
Brazil’s Itau may buy stakes in RBS, Lloyds: report

Brazilian lender Itau Unibanco (ITUB4.SA)(ITUB.N) is considering buying stakes in one of the United Kingdom banks rescued by the government during the height of the global credit crisis of 2008, the U.K. Sunday Times reported on Sunday.

Kraft to raise Cadbury bid in next 2 weeks: report
January 3, 2010 – 11:00 pm
Kraft to raise Cadbury bid in next 2 weeks: report

Kraft Foods is preparing to sweeten its hostile 10 billion pound ($15.9 billion) takeover bid for British confectionery maker Cadbury, reported the Sunday Times.

Got a pet tarantula? Better protect your eyes
January 2, 2010 – 11:00 pm
Got a pet tarantula? Better protect your eyes

Here’s some advice stemming from the unusual case of a man who had spider hairs stuck in his cornea: Be sure to cover your eyes when hanging around with your pet tarantula.

McCluster-led Ole Miss beats OSU in Cotton Bowl
January 2, 2010 – 11:00 pm
McCluster-led Ole Miss beats OSU in Cotton Bowl

Dexter McCluster gave Mississippi fans a finale to remember, rushing for 182 yards and two touchdowns, including the go-ahead 2-yard run on a direct snap with 4:03 left as the Rebels beat No. 21 Oklahoma State 21-7 in the Cotton Bowl on Saturday.

Dixon runs UConn past South Carolina, 20-7
January 2, 2010 – 11:00 pm
Dixon runs UConn past South Carolina, 20-7

The Connecticut Huskies made a statement in the Southeastern Conference’s backyard, while Steve Spurrier and South Carolina left embarrassed by what the coach described as a “sad, sad effort.”

Pitt deals No. 5 Syracuse its first loss, 82-72
January 2, 2010 – 11:00 pm
Pitt deals No. 5 Syracuse its first loss, 82-72

Cross No. 5 Syracuse off the list of unbeatens. Ashton Gibbs scored 24 points and Jermaine Dixon added 21 to lead Pittsburgh to an 82-72 victory Saturday over the Orange.

Cal’s Jahvid Best to leave school to enter draft
January 2, 2010 – 11:00 pm
Cal’s Jahvid Best to leave school to enter draft

California star tailback Jahvid Best announced Saturday that he will skip his senior year and enter the NFL draft after a disappointing final college season cut short by injury.

Saints plan to rest Brees, start Brunell
January 2, 2010 – 11:00 pm
Saints plan to rest Brees, start Brunell

Drew Brees will get some rest in the New Orleans Saints’ regular-season finale at Carolina, likely keeping his NFL-record completion percentage intact.

Fox, Time Warner Cable reach deal to avoid blackout
January 2, 2010 – 11:00 pm
Fox, Time Warner Cable reach deal to avoid blackout

Time Warner Cable and Fox have reached a deal to keep carrying Fox Networks programing after the companies negotiated through New Year’s Day to avoid a blackout of TV shows like “The Simpsons” and college and NFL football games in 13 million U.S. homes.

A Minute With: Bryce Dallas Howard in “Teardrop”
January 2, 2010 – 11:00 pm
A Minute With: Bryce Dallas Howard in “Teardrop”

After starring opposite giant robots in the action movie “Terminator: Salvation,” Bryce Dallas Howard plays a debutante in 1920s Memphis in the film drama “The Loss of a Teardrop Diamond.”

Egypt committee rejects Orascom’s appeal on Mobinil bid
January 2, 2010 – 11:00 pm
Egypt committee rejects Orascom’s appeal on Mobinil bid

An Egyptian appeals committee has rejected a request by Orascom Telecom (ORTE.CA) that the regulator block France Telecom’s latest bid to buy all of Mobinil shares, the regulator said on Saturday.

Tokyo Stock Exchange to launch new trading system on Jan 4
January 2, 2010 – 11:00 pm
Tokyo Stock Exchange to launch new trading system on Jan 4

The Tokyo Stock Exchange, Asia’s largest equities bourse, said it would go ahead with the launch of its new trading system as planned on Monday after running final checks.

Ferrero discusses Cadbury with Hershey, private equity
January 2, 2010 – 11:00 pm
Ferrero discusses Cadbury with Hershey, private equity

Italian confectioner Ferrero has met with private equity firms as well as Hershey Co to discuss a possible bid for Britain’s Cadbury Plc, Il Sole 24 Ore daily reported on Saturday.