Business news for Fri, 21 Dec 2007 & with words deal+francisco. 3 news.

SAN FRANCISCO (MarketWatch) - A rally on Wall Street and a multibillion deal involving Russia's OAO Vimpel Communications fueled Friday's gains in a broad reading of U.S.-listed shares of overseas companies.

SAN FRANCISCO (MarketWatch) -- Embattled loan guarantor MBIA Inc. said Friday that it is confident that it will regain its stable rating outlook with Fitch Rating which Thursday put several of MBIA's ratings on Rating Watch Negative. The downgrade was prompted by the bond insurer's exposure to structured finance collateralized debt obligations partly backed by subprime mortgage collateral. The company also reiterated that a $1-billion investment from Warburg Pincus won't be adversely affected by Fitch's announcement and that the deal will close in a "timely manner."

SAN FRANCISCO (MarketWatch) -- Dell Inc. said Friday that it struck a deal to sell computers at U.K. retailer Tesco. The agreement calls for Tesco to carry Dell's XPS and Inspiron desktop and notebook computers at about 500 stores in the U.K., Ireland, Poland, the Czech Republic and Slovakia. Separately, Dell said it acquired Networked Storage, a small U.K.-based data-storage consulting company.