Mexico's 5year peso bond yield dropped to 7

(Writes through, adds detail from statement, background) LONDON, Jan 6 (Reuters) - British investment firm EvolveCapital (EVOLV.L) called for an extraordinary shareholdermeeting to oust the directors of takeover target Blue OarBLUE.L, the small cap investment bank. Evolve said it wanted to remove the directors because theirinvolvement in a potential management buy out of Blue Oar'sstockbroking arm, Blue Oar Securities, had created a potentialconflict of interest. "Initially, Evolve wished to retain the current executivedirectors on the Blue Oar board but now feels that, after theirpublic announcement of their involvement in the potential MBOand the potential conflict of interest that is implicit makesthis stance untenable," Evolve said in a statement. Evolve added that negotiations to appoint its own nomineesto the Blue Oar board had been fruitless.

Evolve controls 54.2 percent of Blue Oar after launching ahostile takeover bid for the firm late last year and Blue Oarinvestors who have not accepted its all-share offer have untilJan 13 to do so. The Blue Oar directors Evolve wants to remove are ChiefExecutive Andrew Monk, Finance Director Peter Joy, ExecutiveDirector Mark Brumby and Non-Executive Director Gordon Lawson (Reporting by Myles Neligan; Editing by David Holmes). (Adds detail on yields, background) Bonds MEXICO CITY, Jan 6 (Reuters) - The yield on Mexico'sone-month Cetes fell at Tuesday's auction as investors bet thecentral bank could lower borrowing costs as soon as next weekto boost the flagging economy. The yield on 28-day Cetes, or T-Bills, dropped 6 basispoints to 7.91 percent, while yields on longer-term Cetes werealso lower.

With inflation at its highest in more than seven years,Mexico's central bank has been reluctant to cut interest ratesto boost the economy as the country suffers from the recessionin its chief trading partner, the United States. But analysts expect the central bank will begin to cut itskey interest rate from 8.25 percent during the first quarter asa sharp decline in commodity prices during recent months coolsglobal inflation. Some economists think policy-makers could make their firstinterest rate cut at the central bank's first monthly policymeeting of the year on Jan 15. Yields on the three-month T-bill yield fell 1 basis pointto 8.14 percent.

Mexico's 5-year peso bond yield dropped to 7.70 percent,down 58 basis points from its previous auction on Dec 9. (Reporting by Jason Lange, Editing by Chizu Nomiyama) Bonds. NEW YORK (Reuters) - Honda Motor Co (7267.T) has decided to delay the launch of a car plant in Argentina by six months or more from the originally scheduled second half of this year, the Nikkei financial daily reported.The plant, with an estimated cost of about $106 million, is designed to produce 30,000 subcompact cars a year.The plant's site in the central state of Buenos Aires has been developed, but construction has not started, the Nikkei said without citing sources.Japan's No.2 automaker last month slashed its operating profit forecast by two-thirds to 180 billion yen for the business year to March 31, dragged down by an estimated currency loss of twice that amount.(Reporting by Ted Kerr;). LIMOGES, France(Business Wire)Regulatory News: Legrand (Paris:LR) informs its shareholders that as at December 31, 2008, itsshare capital is divided into 262,815,128 shares for 422,978,591 voting rights. The variation of the total number of shares since the latest release offinancial statements is reminded below: Total number of shares as at September 30, 2008262,815,128 Exercise of stock options- Total number of shares as at October 31, 2008262,815,128 Exercise of stock options- Total number of shares as at November 30, 2008 262,815,128 Exercise of stock options- Total number of shares as at December 31, 2008 262,815,128Key dates 2008 full-year results: February 11, 2009 2009 first-quarter results: May 6, 2009 General Meeting of Shareholders: May 26, 2009ABOUT LEGRANDLegrand is the global specialist in products and systems for electricalinstallations and information networks where people live and work. Itscomprehensive offering of solutions for use in commercial, industrial andresidential markets makes it a benchmark for suppliers worldwide.