Panamericano Extends Gain, Climbs 5% Amid Speculation of BMG Takeover

Panamericano Extends Gain, Climbs 5% Amid Speculation of BMG Takeover
Banco Panamericano SA, the Brazilian bank under investigation by the central bank and prosecutors amid allegations of fraud, extended gains in Sao Paulo trading to climb more than 5 percent after O Estado de S. Paulo columnist Sonia Racy reported on the newspaper’s online edition that Banco BMG SA may buy the lender.
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A Busy MMA Weekend in Rio
RIO DE JANEIRO -- The final weeks of 2010 will be very busy for Brazilian MMA with major events in Rio de Janeiro, Sao Paulo, Belo Horizonte, Belem and Salvador. This past weekend was a hectic one in Rio, a great warm-up for the wild weeks to come.
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Batista's MMX, LLX Advance After Signing Iron-Ore Agreements With Usiminas
MMX rose 2 percent to 14.13 reais and LLX added 2 percent to 9.36 reais at 11:14 a.m. New York time in Sao Paulo trading, making the stocks among the biggest gainers on the Bovespa benchmark index. The measure fell 1.6 percent to 69,231.79.
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City Manager Resigns Amid Money Spending Questions

City Manager Resigns Amid Money Spending Questions
The City Manager of Lacy Lakeview resigned Tuesday atfer concerns about how he was spending city money.
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City wants site clean
The city of Winston-Salem is ordering a company formerly owned and managed by Forsyth County Commissioner-elect Bill Whiteheart to clean up its site in the northeastern part of the city where junked truck trailers sit amid high grass.
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City approves payment plan for illegal Natomas home permits
The city of Sacramento has a 0,000 fix to the series of illegal home permits issued last year in
Read more on The Sacramento Bee