TREASURIES-Small price gains as stocks steal limelight

(Reuters) - NEW YORK, July 13 - U.S. government debt prices
showed modest gains on Friday, drawing some support from
surprisingly weak June retail sales but losing the competition
for investors' attention to a record-setting stock market.




"The focus on stocks with the market near all-time
highs," said Carl Lantz, U.S. interest rate strategist at
Credit Suisse in New York.


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Redstone expects Viacom to beat digital revenue target

(Reuters) - Redstone made the comment to reporters after arriving at the 25th annual Allen & Co. media conference in Sun Valley, Idaho.



When asked about acquisition targets in digital media, Redstone said, "Our goal is not to spend tons of money on stuff that has arrived." Viacom "is so strong we don't have to make a transformative deal," he said.


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SRA, ManTech eyeing deals at up to $500 mln - execs

(Reuters) - SRA is exploring deals in the $400 million to $500 million
range and ManTech is scouting for acquisitions of $100 million
to $500 million, top company officials said in interviews with
Reuters.




SRA Chief Executive Stanton Sloane, who joined SRA this
year from Lockheed Martin Corp. , said he plans to be
very aggressive about M&As.


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Chile stocks make cautious gains, peso firms

(Reuters) - Chile's central bank raised its monetary policy rate 25
basis points to 5.25 percent as expected on Thursday, the first
increase since July of last year, amid a rebound in both
inflation and economic growth.




The bank said further hikes this year were likely if the
current scenario holds.


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EMERGING FX VIEW-Investors may trade off BRIC for VISTA

(Reuters) - NEW YORK, July 13 - Move over BRIC. Here comes
VISTA.




As returns shrink on trades in BRIC economies -- Brazil,
Russia, China and India -- some emerging market investors are
targeting a new group labeled VISTA.


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Lawmakers question private equity media deals

(Reuters) - In a letter to the FCC, House Energy and Commerce Committee Chairman John Dingell and Rep. Ed Markey asked for the agency's opinion on how the public interest is affected by media and communications acquisitions by private equity firms.




"We are eager to obtain your views as to the implications that private equity ownership of entities subject to the commission's jurisdiction could have on commission regulations and the public interest," they wrote to FCC Chairman Kevin Martin.


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GLOBAL MARKETS-Dow hits record, dollar firms on sentiment data

(Reuters) - NEW YORK, July 13 - U.S. blue-chip stocks rose on
Friday, sending the Dow to a record for a second straight day,
and the dollar recovered from lows against the euro after a
stronger-than-expected U.S. consumer sentiment report tempered
worries about the economy's health.




The boost in the Reuters/University of Michigan July
consumer confidence survey offset an earlier report that showed
retail sales suffered their biggest monthly drop in nearly two
years in June as the housing market slump took its toll on
consumers.


Read more at Reuters.com Bonds News