PRESS DIGEST - Wall Street Journal - June 29

(Reuters) - * UAL Corp. is struggling with a dispirited staff,
poor consumer ratings and mediocre service, 17 months after
leaving Chapter 11.




* Research In Motion Ltd.'s profit jumped
73 percent, helped by the BlackBerry maker's new lineup of
consumer devices. Rival Palm Inc. reported a 43
percent drop in earnings.


Read more at Reuters.com Bonds News

Palm Oil Price Rises in Malaysia as Investors Bet Recent Decline Excessive

(Bloomberg) -- Palm oil futures on the Malaysia
Derivatives Exchange, the global benchmark for the commodity,
climbed for the first day in five as some investors judged the
recent decline was overdone.

The price fell yesterday after Statistics Canada said
farmers in the country had planted a record 14.5 million acres
(5.9 million hectares) of canola, 17 percent more than in 2006.
Canola is used to make cooking oil, and competes with palm oil.


Read more at Bloomberg Commodities News

UPDATE 2-Colgate says fake toothpaste a low health risk

(Reuters) - NEW YORK, June 15 - Colgate-Palmolive Co.
said on Friday that counterfeit toothpaste that may contain a
toxic chemical, posed a low health risk, and that it was
picking up the suspected fakes from discount stores in four
U.S. states.




The company's assessment comes a day after it reported
finding phony "Colgate" toothpaste in discount stores in New
York, New Jersey, Pennsylvania and Maryland.


Read more at Reuters.com Bonds News

Palm Oil Futures Advance in Malaysia After China Reports Surge in Imports

(Bloomberg) -- Palm oil futures in Malaysia, which
trades the benchmark contract, rose after a report that China's
imports gained, indicating sustained demand for the world's most
consumed vegetable oil.

China imported 1.68 million tons in the first five months
of this year, 29 percent more than a year earlier, the customs
office said today. The palm oil price reached a record this
month on concern rising demand from China and India, the biggest
vegetable oil users, may strain supplies and deplete stockpiles.


Read more at Bloomberg Commodities News

UPDATE 1-Coeur says Bolnisi to extend due diligence period

(Reuters) - Last month, Coeur said it would buy Bolnisi Gold and
Palmarejo Silver and Gold Corp. in a deal worth $1.1
billion that would create the world's leading silver producer.




Palmarejo owns a major silver project in Chihuahua, Mexico,
that is expected to start production in late 2008 with an
annual rate of about 12 million ounces of silver and 110,000
ounces of gold.


Read more at Reuters.com Government Filings News

Malaysia Palm Oil Prices Decline as Recent Gains to Record Seen Excessive

(Bloomberg) -- Malaysia palm oil futures fell to a
five-day low on concern the recent record price is not justified
because higher global interest rates signal slower economic
growth and consumer demand.

Palm oil for August delivery, the most actively traded
contract on the Malaysia Derivatives Exchange, dropped as much
as 2.6 percent to 2,577 ringgit a ton and traded at 2,588
ringgit a ton at the end of the morning session. The commodity
reached a record 2,764 ringgit a ton on June 6.


Read more at Bloomberg Commodities News

Palm to sell stake to Elevation Partners: report

(Reuters) - Neither Palm nor Elevation immediately returned calls seeking comment.




Palm will pay $940 million in cash, or about $9 a share, to existing shareholders whose ownership of the company will drop to 75 percent under the deal's terms, the Journal reported, adding that the deal needs shareholder approval.


Read more at Reuters.com Business News

Palmer Quits as HSBC Capital Markets Head as Banking Push Fails to Deliver

(Bloomberg) -- Daniel Palmer, global head of capital
markets at HSBC Holdings Plc, resigned after three years with
Europe's biggest bank during which time its ranking in managing
stock sales slipped.

Under Palmer, HSBC fell to 19th globally last year in
underwriting equity and equity-linked sales from 14th in 2005,
according to data compiled by Bloomberg. The London-based bank was
the ninth-placed arranger of global bond sales last year, from
12th a year earlier. HSBC hired Palmer, 41, from Morgan Stanley.


Read more at Bloomberg Stocks News