DrStockPick.com Stock Report!

Tuesday August 4, 2009

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Iron Mountain Incorporated (NYSE: IRM), the global leader in information protection and storage services, announced today that it has joined the PCI Security Standards Council as a participating organization. Iron Mountain will now work with the Council to evolve the PCI Data Security Standard (DSS) and other payment card data protection standards. Iron Mountain has been PCI compliant for its offsite data protection, records management and secure shredding solutions for the last three years.

Ariba, Inc. (NASDAQ:ARBA), the leading spend management solutions provider, today announced that it has signed an agreement with The Carphone Warehouse, the world’s largest independent mobile phone retailer. Under the terms of the

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Financial NewsJason Corcoran in Moscow 13 October 2008 Many holdings are up for saleOligarchs on opposing sides of the cash crisis are set to trigger a boom in merger and acquisition activity in Russia and the Commonwealth of Independent States.Cash-tight tycoons are being forced to sell holdings to meet pending margin calls while their rouble-wealthy counterparts are sizing up distressed assets affected by the liquidity crunch.Oligarch Oleg Deripaska had to sell a stake in Canadian auto parts maker Magna to meet a $1bn (€734m) margin call while Ukrainian billionaire Kostyantin Zhevago was forced to sell a large stake in Swiss-based ore miner Ferrexpo worth $180 in order to meet a margin call by JP Morgan.Analysts are predicting Deripaska, who has $28bn, may have to divest further holdings in his Basic Element investment vehicle to shore up his finances….

GAZ, the automaker owned by Oleg Deripaska, will buy 50% of VM Motori, already 50% owned by GM Motors. President Dmitry Medvedev has ordered the construction of a $1 billion suspension bridge to link the Far East city of Vladivostok to Russky Island in time for the 2012 APEC summit. The criminal investigations made into mobile phone retailer Yevroset could be an attempt to undermine the possibility of it selling its shares. The IMF wants sovereign wealth funds to be run according to a code of conduct to avoid a “protectionist backlash”.

“Moscow's current economic dilemma is that the old sources of growth will soon be exhausted.” Law enforcement officers have raided the Moscow headquarters of mobile phone retailer Yevroset. Mechel, Russia’s biggest coking coal producer, is seeking approval to acquire indirect control of German metals trader HBL Holding. BP’s Baku-Supsa pipeline, which transports crude from Azerbaijan to Georgia's Black Sea coast, is "undamaged", but closed for security reasons.