Argentina Eases Bond Auction Rules in Aim to Lure More Dollars

Argentina's central bank unveiled a slew of measures Monday aimed at helping the South American nation amass more hard-currency reserves, firepower the country needs to defend the peso.
Officials said local currency bonds can now be purchased with US dollars and that the minimum time requirements for foreign investors to hold onto some Argentine bonds will be eliminated. The monetary authority also said it would unveil a second repurchase agreement with several international lenders, of as much as $2 billion, on June 11.

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UBS Boosts Hess (HES) Price Target, Keeps Buy Rating

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Statkraft to streamline operations, targeting $291m cost cuts and layoffs

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