, hired Samson Bélair/Deloitte & Touche financial advisers.

July 11 (Reuters) - Canada's Prestige Telecom Inc said it is exploring strategic alternatives, including a possible sale of the company.

Prestige, which helps telecom service providers with installation, upgradation and maintenance of Internet and wireless telecom equipment, hired Samson Bélair/Deloitte & Touche financial advisers.

The company appointed Alain Boucher as chief financial officer. Boucher was interim CFO of since late February.

Prestige, which has a market value of about C$6.50 million, had posted a third-quarter loss of 0.3 Canadian cents per share on revenue of C$36.9 million.

Shares of the Montreal, Quebec-based company closed at 5.5 Canadian cents on Friday on the Toronto Venture Exchange. (Reporting by Maneesha Tiwari in Bangalore; Editing by Gopakumar Warrier)

http://www.reuters.com/article/2011/07/11/prestige-idUSL3E7IB1IO20110711

China’s Sina Drop Most in a Month as Short Sale Interest Rises QBy Belinda Cao - document.write(dateFormat(new Date(1310399491000),"mmm d, yyyy h:MM TT Z")); Jul 11, 2011 8:51 AM PT

Sina Corp., the owner of China’s third-most visited website and the Twitter-like Weibo service, fell the most in a month in New York trading as short sale interest climbed.

The company’s shares declined 5.8 percent to $106.95 at 11:50 a.m. New York time. They earlier sank 9.1 percent, the biggest intraday slide since June 8.

Investors’ short sale interest in Sina increased to 10.3 percent of its total outstanding shares as of July 7, from 7.2 percent a week earlier, according to Data Explorers, a New York- based research firm.

To contact the reporter on this story: Belinda Cao in New York at [email protected]

To contact the editor responsible for this story: David Papadopoulos at [email protected]
http://www.bloomberg.com/news/2011-07-11/china-s-sina-drop-most-in-a-month-as-short-sale-interest-rises.html

News Corp investors attack Murdoch Rupert Murdoch accused of 'egregious' behaviour for using firm as 'family candy jar' in lawsuit that claims it is 'inconceivable' he was unaware of phone hacking at News of the World

Rupert Murdoch, who has been accused of 'nepotism and corporate governance failures'. The lawsuit says: 'These revelations … show a culture run amuck within News Corp and a board that provides no effective review'. Photograph: Sipa Press/Rex Features A powerful group of News Corp's shareholders have accused Rupert Murdoch of "egregious" behaviour and treating his media empire like a "family candy jar".

The shareholder group, which includes banks and pension funds, accused Murdoch of "rampant nepotism" and using News Corp resources for "his own personal and political objectives".http://www.guardian.co.uk/media/2011/jul/11/news-corp-shareholders-attack-murdoch