Exclusive: Advanced Micro Devices mulling breakup, spinoff: sources
(Reuters) – Chipmaker Advanced Micro Devices Inc is at the initial stage of reviewing whether to split itself in two or spin off a business, seeking to reverse its fortunes and take on rival Intel Corp, according to three people familiar with the matte…
Investors eye improvements in data for housing stocks
(Reuters) – Housing stocks rallied on Friday and the industry group should get more good news next week, though sustained and robust future gains may depend on wage growth and other signs of improving home affordability.
Exclusive: Advanced Micro Devices mulling breakup, spinoff – sources
(Reuters) – Chipmaker Advanced Micro Devices is at the initial stage of reviewing whether to split itself in two or spin off a business, seeking to reverse its fortunes and take on rival Intel Corp, according to three people familiar with the matter.
Investors eye improvements in data for housing stocks
(Reuters) – Housing stocks rallied on Friday and the industry group should get more good news next week, though sustained and robust future gains may depend on wage growth and other signs of improving home affordability.
Honda confirms eighth death linked to Takata airbags
(Reuters) – Honda Motor Co’s U.S. unit said on Friday it has linked the September 2014 death of a woman in Los Angeles, California, to the rupture of a Takata airbag inflator, bringing to eight the number of fatalities related to defective Takata airba…
Powerful Brazil CEO arrested in Petrobras graft probe
SAO PAULO (Reuters) – Brazilian police on Friday arrested Marcelo Odebrecht, the head of Latin America’s largest engineering and construction company Odebrecht SA, and accused his family-run conglomerate of spearheading a $2.1 billion bribery scheme at…
ECB boosts emergency funding as Greek banks bleed, Tsipras calm
ATHENS/LUXEMBOURG (Reuters) – The European Central Bank expanded emergency funding to keep Greece’s stricken banks on their feet as a steady flow of withdrawals continued on Friday ahead of a summit next week that could decide whether the country can s…
Fed’s Williams says wants stronger inflation data before hiking rates
SAN FRANCISCO (Reuters) – A top Federal Reserve policymaker signaled Friday that despite a “nearly healed” U.S. labor market, he will not support raising U.S. interest rates until he sees stronger signs of inflation.
Wall St falls as Greek deadline looms; indexes up for week
(Reuters) – U.S. stocks fell on Friday ahead of a summit next week that could decide whether Greece will need to print its own currency and ditch the euro.
Homing in: U.S. homebuilding M&A to get rolling after long lull
(Reuters) – A six-year lull in deal making among U.S. homebuilders may be drawing to an end as companies look to bulk up on ready-to-build land to feed a surge in demand from home buyers.
