Pfizer hikes U.S. prices for over 100 drugs on January 1
(Reuters) – Pfizer Inc , which plans a $160-billion merger with Ireland-based Allergan Plc to slash its U.S. tax bill, on Jan. 1 raised U.S. prices for more than 100 of its drugs, some by as much as 20 percent, according to statistics compiled by globa…
Wall Street has worst start to year ever
(Reuters) – U.S. stocks closed lower on Friday, ending a volatile week with their worst five-day start to a year ever, as sliding oil prices and lingering worries about the global economy offset upbeat U.S. job growth.
Japan’s Asahi to submit bid next week for SABMiller’s Grolsch and Peroni: Yomiuri
TOKYO (Reuters) – Japanese beverage maker Asahi Group Holdings Ltd will submit a bid as early as next week to buy SABMiller PLC’s Grolsch and Peroni beer brands for as much as 400 billion yen ($3.41 billion), the daily Yomiuri reported.
Bank of NY Mellon is dealt setback in Sentinel bankruptcy
(Reuters) – A federal appeals court on Friday set back Bank of New York Mellon Corp’s effort to recoup $312 million it lent to Sentinel Management Group Inc, a money manager that collapsed in 2007 and whose former chief is now in prison for fraud.
Exclusive: Viacom to allow vote on expanding shareholder rights
BOSTON (Reuters) – Viacom Inc will allow investors to vote in March on a proposal to extend voting rights to all shareholders, though the measure is certain to fail as it is opposed by executive chairman Sumner Redstone’s holding company.
Chipotle sued for misleading investors over food safety
CHICAGO (Reuters) – Chipotle Mexican Grill , under scrutiny for months over outbreaks of foodborne illness linked to its restaurants across several U.S. states, was sued on Friday for allegedly misleading investors about its food safety controls.
Pfizer hikes U.S. prices for over 100 drugs on January 1
(Reuters) – Pfizer Inc , which plans a $160 billion merger with Ireland-based Allergan Plc to slash its U.S. tax bill, on Jan. 1 raised U.S. prices for more than 100 of its drugs, some by as much as 20 percent, according to statistics compiled by globa…
Wall Street has worst start to year ever
(Reuters) – U.S. stocks closed lower on Friday, ending a volatile week with their worst five-day start to a year ever, as sliding oil prices and lingering worries about the global economy offset upbeat U.S. job growth.
Billionaire Cohen settles with SEC, could soon manage outside money
(Reuters) – The hedge fund billionaire Steven A. Cohen has resolved U.S. charges related to insider trading, in an accord that clears the way for one of Wall Street’s top investors to soon manage outside money even after his former firm pleaded guilty …
Texas Instruments, Analog Devices drop potential Maxim bid – Bloomberg
(Reuters) – Chipmakers Texas Instruments Inc and Analog Devices Inc have decided not to pursue an acquisition of Maxim Integrated Products Inc at this time, Bloomberg reported, citing people familiar with the matter.
