Teck Cominco says still in hunt for acquisitions

(Reuters) - "There are a number of opportunities that we have been
looking at but unable to conclude a deal at this
point," Don Lindsay, Teck's president and CEO, told a
conference call.




"We don't want to telegraph any moves in advance ... but we
are committed to diversification."


Read more at Reuters.com Mergers News

Doosan to buy Ingersoll units for $4.9 billion

(Reuters) - Ingersoll signed a definitive agreement to sell Bobcat, the
world's top compact construction equipment firm, and its
utility equipment and attachment businesses, which in 2006
together generated $2.6 billion in sales and $370 million in
operating profits.




"The sale of Bobcat, Utility Equipment and Attachments
represents the last major auction to transform our business
portfolio to reposition Ingersoll Rand as a diversified
industrial company," CEO Herbert Henkel said in a statement.


Read more at Reuters.com Business News

Ryder CEO - truck rental prices reached bottom

(Reuters) - Ryder has responded to that decline by cutting its rental
fleet by 10 percent and moving more trucks to leasing contracts
where pricing is firmer.




Swienton also said the company's conservative outlook for
the second half of this year - the CEO said earlier in the day
during a conference call with analysts that he expected
continued weakness in the U.S. economy during the second half
of 2007 - was based on the "reality of what we've been hearing
from our customers."


Read more at Reuters.com Market News

Algeco parent to buy Williams Scotsman

(Reuters) - It said Gerry Holthaus, currently chairman and chief
executive of Williams Scotsman, is expected to remain CEO and
become chairman and CEO of Ristretto, Algeco's parent company.





Read more at Reuters.com Bonds News