Boeing shares could fall 15 percent if sales slow: Barron’s
(Reuters) – Boeing Co’s stock could fall as much as 15 percent if sales of its aircraft fall on weakening demand, according to a report on Sunday in the financial publication Barron’s.
First Data shares could rise more than 70 percent: Barron’s
(Reuters) – First Data Corp shares could rise as much as 70 percent if the company’s performance continues to improve, according to a report on Sunday from the financial publication Barron’s.
Anthem, Cigna merger squabbles could delay antitrust approval: WSJ
WASHINGTON (Reuters) – Quarrels have broken out behind the scenes of Anthem Inc’s proposed acquisition of Cigna Corp , as the health insurers seek regulatory approval for their landmark deal, the Wall Street Journal reported on Sunday.
How old-school factories stay alive in China’s south
SHILING, China (Reuters) – Squeezed by high costs and unpredictable demand, some factories in southern China’s manufacturing heartland are turning to a new strategy to survive: hiring workers by the day.
H&M says working to improve labor conditions in India, Cambodia factories
NEW DELHI (Thomson Reuters Foundation) – Swedish fashion retailer Hennes & Mauritz (H&M) said it was collaborating with trade unions, government as well as the U.N. to improve workers’ conditions after a study found violations in supplying garment factories in India and Cambodia.
Viacom says its board has not had access to Redstone
NEW YORK (Reuters) – Viacom Inc said on Saturday its board members have been unable to meet with controlling shareholder Sumner Redstone because his daughter Shari is blocking access to the media mogul.
Creditors of Puerto Rico government bank revive lawsuit over debt moratorium
SAN JUAN (Reuters) – Hedge funds who own debt at Puerto Rico’s Government Development Bank are accusing the bank and the island’s governor of giving preferential treatment to local creditors under a law designed to restructure GDB’s debt, signaling a b…
U.S., Japan disagreement on yen moves overshadows G7 meeting
SENDAI, Japan (Reuters) – The United States issued a fresh warning to Japan against intervening in currency markets on Saturday as the two countries’ differences over foreign exchange overshadowed a Group of 7 finance leaders’ gathering in the Asian na…
Sumner Redstone removes Viacom CEO and board member from trust
(Reuters) – Media mogul Sumner Redstone has removed Viacom CEO Philippe Dauman and Viacom board member George Abrams from the seven-person trust that will determine the fate of both Viacom and CBS in the event of his incapacitation or death, two peop…
Dean Foods’ Davis said he threw phone in creek to hinder FBI
NEW YORK (Reuters) – Dean Foods Co’s former chairman Thomas Davis said he threw his cellphone into a Dallas creek to hide his role in an insider-trading scheme after FBI agents visited his home, according to a transcript of his guilty plea.
