Western Digital says resubmitted bid with KKR for Toshiba's chip unit
TOKYO, June 27 Western Digital Corp said it and private equity firm KKR & Co LP had resubmitted a bid for Toshiba Corp's prized flash memory chip unit.
LONDON, March 28 A sale of two-year German government bonds on Tuesday was the first technically failed auction of its maturity since last November, Germany's debt management agency said.
Just over 3 billion euros of bids were received for Germany's two-year auction earlier on Tuesday, below the 4 billion euro target.
That makes it the first technical failure at an auction of two-year bonds since November, a spokeswoman for Germany's debt management office told Reuters.
She said the last failed auction for a German bond of any maturity was a five-year bond sale earlier this month. (Reporting by Dhara Ranasinghe)
* Stada shares drop 6.5 pct in pre-market trade (Adds share price, trader comment, changes dateline)
LONDON, June 26 If central banks have learned anything from the Great Financial Crisis, the worst since the 1930s, it is that you don't need runaway inflation to raise interest rates. Financial market bubbles should be enough.