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By Chuck Mikolajczak NEW YORK, Dec 8 (Reuters) - U.S. stocks rose on Monday as investors bet that President-elect Barack Obama's plan to launch a massive infrastructure program will help lift the flagging economy. Companies associated with large construction projects, such as Dow component Caterpillar and Terex Corp, were among the top gainers. Shares in energy and engineering companies a ...

Dec 8 (Reuters) - Chesapeake Energy Corp: CEO EXPECTS COMPANY DEBT TO BE RATED INVESTMENT GRADE IN 2009 OR 2010 CEO SAID STOCK SHOULD BE TRADING "WELL NORTH" OF $30 PER SHARE CEO SAYS COMPANY HAS "ZERO" PLANS TO TAP CAPITAL MARKETS IN 2009, 2010 CEO HOPES TO STRIKE A JV DEAL FOR PERMIAN BASIN ASSETS WITH INT'L COMPANY (Reporting by Anna Driver in Houston) (anna.driver@ ...

TEL AVIV, Dec 8 (Reuters) - Prime Minister Ehud Olmert on Monday unveiled a long-awaited plan to provide a safety net for battered Israeli pension savings. The plan, which was drawn up by a working team from the finance ministry, the Bank of Israel and the prime minister's office, will cover retirement savings for those aged 57 and over, Olmert told a news conference. The finance m ...

OTTAWA, Dec 8 (Reuters) - The embattled leader of Canada's opposition Liberal Party, Stephane Dion, will announce his resignation on Monday afternoon, five months earlier than planned, CBC television reported. In the Oct. 14 election the Liberals under Dion received their lowest share of the popular vote since Canada's became a country in 1867. He had pledged to turn over the party ...

By Tom Bergin LONDON, Dec 8 (Reuters) - Indian state oil company ONGC failed to delay its $2.6 billion takeover of Russia-focussed oil explorer Imperial Energy, threatening to tarnish India's reputation as a reliable buyer of assets overseas. British regulator The Takeover Panel said ONGC Videsh, ONGC's overseas arm, applied for an extension in the time by which it must post its offer do ...

Dec 8 (Reuters) - JPMorgan Chase & Co: LADENBURG THALMANN RAISES JPMORGAN CHASE & CO TO BUY FROM NEUTRAL LADENBURG THALMANN RAISES JPMORGAN CHASE & CO PRICE TARGET TO $43 from $37 LADENBURG THALMANN'S BOVE SAYS JPMORGAN FACES TOUGH FOURTH QUARTER; CUTS 2008 EPS view to $1.41 per share from $1.80 per share LADENBURG THALMANN RAISES JPMORGAN 2009 EPS VIEW TO $2.85 P ...

Dec 8 (Reuters) - Monsanto Co: DECLARES QUARTERLY DIVIDEND SETS QUARTERLY COMMON STOCK DIVIDEND OF $0.24 PER SHARE ((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar ...

NEW YORK, Dec 8 (Reuters) - Constellation Energy Group Inc said on Monday it would begin discussions with Electricite de France SA, whose offer to buy some of the company's assets could break up a planned takeover by Warren Buffett's MidAmerican Energy Holdings Co. U.S. power company Constellation said it has not withdrawn, modified or qualified its recommendation that its shareholders vo ...

By Mike Peacock and Daniel Trotta LONDON/NEW YORK (Reuters) - Chinese and European leaders plotted their next steps on Monday to steer the world economy out of recession, while bold stimulus promises from U.S. President-elect Barack Obama and progress on a U.S. auto rescue propelled stock markets higher. The U.S. Senate was set to reconvene as White House and congressional Democrats  ...

By Dominic Lau LONDON, Dec 8 (Reuters) - Britain's top share index rallied 6.2 percent on Monday on hopes that a big U.S. economic stimulus package would soften the blow of a recession and might lift demand for raw materials, sending heavyweight commodity stocks higher. The FTSE 100 was up 250.69 points at 4,300.06, while European shares also finished the day sharply higher and U.S. stocks rose  ...