IBT Staff Reporter

Natixis raised ATP Oil & Gas Corp to buy from hold and increased its price target, saying Telemark project in Gulf of Mexico is expected to more than double the company's 2009 average production rate.

British confectioner Cadbury said on Monday it would post a formal response to Kraft's $16 billion takeover offer on Dec. 14.

U.S. and British funds are interested in Italian utility A2A's asset disposal plan as well as direct investments, a spokesman said on Monday.

Dubai ring-fenced prized assets such as Emirates airline from the $26 billion debt restructuring of Dubai World, denting fragile investor sentiment and raising questions on slated assets.

Native Americans in Alaska are more likely to be hospitalized with swine flu than whites in the state and the lack of running water in some areas may be a factor, researchers have found.

U.S. drug regulators asked on Friday for manufacturers of prescription pain medications to provide more specifics on an industry plan to curb growing abuse of morphine, methadone, oxycodone and other opioid drugs.

Alexa Ray Joel, 23, the daughter of singer Billy Joel was released from a hospital and is at her father's house following an overdose, People Maazine reported..

Digital China, a Hong Kong-listed information technology company, is to distribute Research In Motion's Blackberry handsets, accelerating RIM's effort to expand into mainland China.

A study involving 128 South African families has identified genetic traits that may protect some people from tuberculosis in a finding that could help lead to a new TB vaccine, scientists said on Saturday.

An HIV genetic stowaway that may have come from a related cat virus could help the AIDS virus transmit and replicate in people, U.S. researchers reported on Sunday.

An advocacy group on lung health plans to work with health authorities in 12 countries from 2010 to reduce indoor fuel burning, which causes respiratory diseases and lung cancer and kills 2 million people a year.

Saturday Night Live featured a skit about Tiger Woods in the wake of his marital problems after a series of reports that the world's top golfer had affairs with several women.

Wall Street was poised for a soft open on Monday on growing sentiment U.S. interest rates could rise sooner than had been anticipated following last week's surprisingly optimistic jobs report.

The number of prostate cancers diagnosed in UK men each year would jump from 30,000 to 160,000 if the country introduced population-wide screening for the disease, new research shows. However, many of those cancers are low-risk and may not lead to death.

U.S. drug reviewers recommended that regulators further study the effects in children of a group of medicines known as atypical antipsychotics, a report released on Friday said.

More than 80 percent of U.S. children severely ill with H1N1 flu have been treated swiftly with antiviral drugs, a trend that could be saving lives, U.S. health officials said on Friday.

World stocks slipped on Monday from last week's 14-month high while the dollar hit a five-week peak as investors grew convinced U.S. interest rates could rise soon after the previous session's robust jobs report.

Stock index futures were lower on Monday on growing sentiment U.S. interest rates could rise sooner than had been anticipated following last week's surprisingly optimistic jobs report.

Senator Christopher Dodd chairman of the Senate Banking Committee, is ready to push through a controversial financial regulation reform bill with or without Republican support, senior aides said, just days before the House of Representatives votes on its own reform legislation.

U.S. lawmakers are looking at ways to limit the damage that large banks, insurers and funds can wreak on the financial system, but breaking up healthy companies is unlikely to be part of the mix because it is too difficult to implement.

Ratings agency Moody's said on Monday it did not expect to take any ratings actions against U.S. insurance companies because of Dubai World's $26 billion restructuring.

News, details on corporate bond issues in the European markets on Monday:

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.62 percent, Dow Jones futures down 0.53 percent and Nasdaq 100 futures down 0.52 percent, at 3:40 a.m. EST.

Gold prices fell 2 percent to session lows in Europe on Monday, on selling prompted by the dollar's rise to a five-week high versus the euro following above-consensus jobs data in the previous session.

The dollar hit a five-week high against a currency basket on Monday, extending its rally from Friday when strong U.S. jobs data fueled speculation the Federal Reserve may consider winding down its stimulus measures.

Oil prices dropped to $75 a barrel on Monday reacting to a rising dollar and tracking weak European equities as investors became more risk averse.

British confectioner Cadbury said on Monday it would post a formal response to Kraft's $16 billion takeover offer on December 14.

Kuwait's sovereign wealth fund said on Sunday it had sold its stake in Citigroup Inc for a profit of $1.1 billion, becoming the latest Gulf investor to sell foreign shares as markets improve.

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.62 percent, Dow Jones futures down 0.53 percent and Nasdaq 100 futures down 0.52 percent, at 0840 GMT (3:40 a.m. EST).