Alibaba weighs appeal against HK panel ruling that healthcare deal broke takeover code
HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd said it’s considering whether to launch an appeal against a Hong Kong regulator’s finding that it breached takeover rules by buying an effective majority stake in a healthcare fi…
Japan transport minister: Mitsubishi Motors expected to submit data Tuesday
TOKYO (Reuters) – Japan’s transport minister said he expects Mitsubishi Motors Corp to submit information related to its falsification of fuel economy data on Tuesday, within the deadline set by the ministry.
SunEdison yieldcos name Peter Blackmore interim CEO
(Reuters) – Bankrupt solar company SunEdison Inc’s yieldcos, TerraForm Power Inc and TerraForm Global Inc, on Monday named Peter Blackmore as their interim chief executive, effective April 21.
Citadel tops list of private U.S. trading venues: report
NEW YORK (Reuters) – Citadel Securities, one of the top market makers in U.S. stocks and listed stock options, runs one of the largest stock trading venues in the country, according to a report released on Monday aimed at providing transparency into wh…
Gannett bids on Tribune Publishing, wants an answer
(Reuters) – Tribune Publishing Co is reviewing an unsolicited and possibly unwelcome $815 million takeover bid from Gannett Co Inc, a move by Gannett to gain scale as the newspaper industry continues to consolidate.
Tilton’s Patriarch Partners sued by the Zohar funds she created
(Reuters) – Patriarch Partners, the private equity firm of flamboyant investor Lynn Tilton, is being sued for allegedly refusing to provide financial records to the new manager of the Zohar funds that she controlled until earlier this year.
U.S. approves Charter’s Time Warner Cable buy with conditions
WASHINGTON (Reuters) – The U.S. Justice Department on Monday gave antitrust approval to Charter Communications Inc’s proposed purchase of Time Warner Cable Inc and Bright House networks, which would create the second-largest U.S. broadband provider a…
Chipotle’s troubles might help Panera as both serve up reports
SAN FRANCISCO (Reuters) – Wall Street expects little from Chipotle Mexican Grill Inc’s first-quarter results late on Tuesday as the burrito chain struggles to recover from a string of food-borne illness outbreaks. But its loss might be rival Panera Br…
Valeant names Papa CEO after he resigns from Perrigo
(Reuters) – Former Perrigo Co Plc head Joseph Papa was named Chief Executive Officer at Valeant Pharmaceuticals International on Monday, a role in which investors said he should focus on returning the company to growth.
Wall St. ends slightly lower on energy, earnings
(Reuters) – Energy shares dragged Wall Street slightly lower on Monday, tracking a decline in oil prices, while earnings and guidance from companies including Perrigo and Xerox also weighed on U.S. stocks.
