Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them.
SandRidge expands board to allow two Icahn nominees
(Reuters) – SandRidge Energy said on Friday it would increase its board size to seven from five to allow investors to elect two of activist investor Carl Icahn’s nominees.
U.S. issues arrest warrant for former Volkswagen CEO but unlikely to face charges
(Reuters) – The U.S. Justice Department said on Friday that former Volkswagen Chief Executive Martin Winterkorn, indicted on four felony charges in Detroit in the company’s diesel emissions scandal, is a fugitive who faces a U.S. arrest warrant.
Glare on Southwest highlights tense relationship between management, mechanics
NEW YORK/WASHINGTON (Reuters) – Federal investigators were assigned last year to monitor Southwest Airlines’ maintenance operations, the Federal Aviation Administration said on Friday, after whistleblower complaints of mistreatment of mechanics raised…
Wells Fargo to pay $480 million to resolve lawsuit related to sales scandal
(Reuters) – Wells Fargo & Co said on Friday it will pay $480 million to resolve a securities fraud lawsuit related to a sales scandal that surfaced in 2016.
Deutsche Bank to shift NY headquarters from Wall Street
(Reuters) – Deutsche Bank AG said on Friday it will move its New York headquarters from Wall Street to a location midtown.
Qualcomm to depose Apple services chief Eddy Cue
(Reuters) – Qualcomm Inc can depose Apple Inc’s services chief Eddy Cue in addition to Chief Executive Tim Cook, a magistrate judge in the U.S. District Court for the Southern District of California ruled on Friday, part of the chipmaker’s effort to de…
Wall St. rallies as inflation fears ebb; Apple hits record high
NEW YORK (Reuters) – The three major U.S. stock indexes rose more than 1 percent on Friday after weaker-than-expected U.S. wage growth helped to calm investor fears about rising interest rates and inflation, though the S&P 500 and Dow Industrials still posted losses for the week.
Colgate names company veteran as chief financial officer
(Reuters) – Colgate-Palmolive Co said on Friday company veteran Dennis Hickey will step down as chief financial officer and would be succeeded by corporate controller Henning Jakobsen.
Exclusive: Redstone makes concessions on Viacom CEO in bid to clinch CBS deal – sources
(Reuters) – Shari Redstone, the media heiress whose family controls CBS Corp and Viacom Inc , has offered CBS CEO Leslie Moonves to drop her demands for Viacom CEO Bob Bakish to be his No. 2 following a merger, as long as Bakish sits on the combined c…
