LONDON (Reuters) – Takeda Pharma agreed to buy London-listed Shire for 46 billion pounds ($62.42 billion) on Tuesday after the Japanese company raised the amount of cash in its offer to $30.33 to secure a recommendation.
(Reuters) – Carl Icahn and Darwin Deason, shareholders in Xerox Corp who oppose an agreed deal with Fujifilm Holdings , said they would consider an all-cash bid of at least $40 per share – a 43 percent premium to the Japanese firm’s offer.
TOKYO/SHANGHAI (Reuters) – Oil prices eased slightly on Tuesday, a day after hitting 3-1/2 year highs, as investors braced for President Donald Trump’s decision on whether to withdraw the United States from the Iran nuclear deal, a move that could disrupt global oil supply.
BEIJING (Reuters) – China’s trade surplus with the United States widened to $22.19 billion (16.4 billion pounds) in April, from $15.43 billion in March, customs data showed on Tuesday. For January-April, … …read more […]
SEOUL/SINGAPORE (Reuters) – Investors in global chipmakers have had a rocky ride in the last few months on worries about a slowing smartphone market, but a clamor for more video content from consumers is underpinning buoyant sales for memory-chip makers.
This statement from CEO Brian Krzanich about the company’s competitive positioning appears to be inaccurate. …read more […]
These companies offer growth at reasonable prices. …read more […]
TOKYO (Reuters) – Oil prices stood near their highest since late 2014 on Tuesday, ahead of an announcement by U.S. President Donald Trump on whether he would withdraw from a landmark nuclear deal with Iran, which fueled concerns about crude supply.
(Reuters) – Activist investing firm ValueAct Capital Partners invested $1.2 billion in Citigroup Inc, citing the U.S. bank’s low risk and reliable revenue and not calling for major changes, according to a letter seen by Reuters on Monday.
Amal Clooney and Rita Ora were among the early arrivals to this year’s religion-themed Met Gala, the annual fundraising fete in New York that brings out Hollywood’s elite for an evening of fashion and charity. Clooney, one of the evening’s co-chairs, arrived early in a striking silver corseted top, matched with black slacks and a cascading metallic, rose-patterned skirt. The ensemble, from designer Richard Quinn, made a crinkling sound all the way the Met’s iconic steps. …read more […]
BOSTON (Reuters) – Massachusetts’ gambling regulator on Monday said it will allow Wynn Resorts Ltd to remove founder Steve Wynn’s name from its license for a planned $2.5 billion casino following allegations that Wynn subjected women who worked for him to unwanted sexual advances.
(Reuters) – Snapchat-owner Snap Inc said Tim Stone, an Amazon.com Inc veteran who had led the integration of the online retailer’s $13.7-billion Whole Foods acquisition, would replace Andrew Vollero as chief financial officer.
MUMBAI/BENGALURU (Reuters) – Walmart is likely to announce its much-anticipated deal to buy a controlling stake in Indian e-commerce player Flipkart before the end of this week, two sources said, in what is likely to be the U.S. retail giant’s biggest acquisition of a business.
Bank of America Corporation (NYSE:BAC) received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to $32.84 at one point, andRead More… …read more […]
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