United Tech says a deal with Honeywell would face major challenges
(Reuters) – United Technologies Corp on Monday disclosed merger talks with fellow aerospace component supplier Honeywell International Inc but said a deal would “face insurmountable regulatory obstacles.”
Fitbit’s weak profit forecast clouds healthy holiday beat
(Reuters) – Fitbit Inc’s current-quarter profit forecast missed Wall Street estimates by a wide margin, as the wearable fitness device maker aggressively invests in new products, sending its shares down more than 16 percent in after-hours trading.
As U.S. shale sinks, pipeline fight sends woes downstream
WILMINGTON, Del. (Reuters) – Within weeks, two low-profile legal disputes may determine whether an unprecedented wave of bankruptcies expected to hit U.S. oil and gas producers this year will imperil the $500 billion pipeline sector as well.
United orders 25 more Boeing 737s worth $2 billion: sources
PARIS (Reuters) – Boeing Co has won an order for 25 current-generation Boeing 737 aircraft from United Continental Holdings Inc , beating rivals including Canada’s Bombardier Inc for the second time in a month, two industry sources said on Monday.
Western Digital investor Alken pushes to cancel SanDisk deal
(Reuters) – Alken Asset Management, one of the biggest shareholders of hard-disk drive maker Western Digital Corp, has asked the company to consider cancelling its deal to buy SanDisk Corp, citing a high purchase price.
IBM inks deal with VMWare, tries to bolster cloud credentials
SAN FRANCISCO (Reuters) – Computing giant IBM has expanded its partnership with VMWare , one of several initiatives it plans to announce Monday as it works to carve out a bigger role in the fast-growing field of cloud computing.
Starbucks tightens rewards program rules
LOS ANGELES (Reuters) – Starbucks Corp on Monday announced changes to its loyalty program that will mean some customers will have to spend more money at the coffee chain to earn free food and drinks.
Allergan’s revenue beats on higher U.S. brand sales
(Reuters) – Allergan Plc reported better-than-expected quarterly revenue, helped by strong performance in its U.S. brands segment, and said it continues to expect its takeover by Pfizer Inc to close in the second half 2016.
Goldman scales back estimate of legal costs
(Reuters) – Goldman Sachs Group Inc has scaled back its estimate of the legal costs it may face, beyond what it has set aside, by more than half to $2 billion.
Vodafone CEO talks up benefits of going Dutch with Liberty
BARCELONA (Reuters) – The chief executive of Vodafone underlined the benefits of the company’s plan to work with Liberty Global in the Netherlands, an arrangement being closely watched by analysts and investors who hope the two firms will one day reach…
