Icahn, Deason push Xerox to explore strategic options
(Reuters) – Investors Carl Icahn and Darwin Deason said on Monday that photocopier pioneer Xerox Corp should immediately start a process to explore strategic alternatives.
Nestle investor Third Point urges company to speed up disposals
LONDON (Reuters) – U.S. activist investor Third Point called on the board of Swiss company Nestle to clarify its corporate strategy and speed up the disposal of “ill-fitting businesses”, in a letter to investors seen by Reuters.
Stocks shrug off U.S. government shutdown, dollar dips
LONDON (Reuters) – World stocks and U.S. bond markets on Monday shrugged off a government shutdown in Washington, although the dollar pulled back and wallowed near three-year lows as the euro resumed its strong start to the year.
AIG to buy reinsurer Validus Holdings for $5.56 billion
(Reuters) – American International Group on Monday said it would buy Validus Holdings for $5.56 billion in cash to strengthen its reinsurance business, the company’s first deal under Chief Executive Brian Duperreault.
Stock futures slightly lower as U.S. shutdown enters third day
(Reuters) – Wall Street was set to start the week slightly lower as a U.S. government shutdown entered its third day, while investors mulled over a flurry of multi-billion corporate mergers.
Halliburton beats on fourth quarter profit, makes tax provision
(Reuters) – Halliburton Co posted a much bigger than expected quarterly profit in the fourth quarter, benefiting from a shale-driven surge in U.S. oil production towards 10 million barrels per day.
Euro schism reopens in central Europe as EU pushes reform
ESZTERGOM, Hungary/STUROVO, Slovakia (Reuters) – On the euro zone’s eastern flank, some Slovaks in the border town of Sturovo wish their country had never opted for the common currency and now head over the Danube to Hungary for the cheaper shopping.
Aston Martin hit by Daimler steering-column recall
PARIS (Reuters) – Aston Martin has become the latest carmaker to be caught up in a major recall of faulty Daimler steering-column components that can cause unintended airbag deployments.
Germany confirms Audi recall due to illicit emission-control device
BERLIN (Reuters) – Germany’s transport ministry confirmed a media report on Monday that the KBA automotive watchdog detected illicit emission-control software in Audi’s latest Euro-6 diesel models and ordered a recall of the vehicles.
Stocks shrug off U.S. shutdown, dollar dips
LONDON (Reuters) – World stocks and U.S. bond markets on Monday shrugged off a government shutdown in Washington, although the dollar pulled back as the euro continued its strong start to the year.
