China iPhone sales boosts Apple; shares up modestly
(Reuters) – Apple Inc beat Wall Street’s revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its new Apple Watch.
Exclusive: Time Warner Cable open to merger talks with Charter – sources
(Reuters) – Time Warner Cable Inc is open to merger discussions with Charter Communications Inc following a failed $45 billion bid by Comcast Corp , according to people familiar with the matter.
Exclusive: Deutsche’s radical revamp foiled by ECB stress test
FRANKFURT (Reuters) – A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank concluded the model would not withstand a severe financial crisis, sources said. 
Microsoft phones infringe patents: U.S. International Trade Commission judge
NEW YORK (Reuters) – Microsoft Corp lost a round in a potentially costly patent battle when a U.S. International Trade Commission judge on Monday found that the software giant used InterDigital Inc’s technology in its mobile phones without permission.
Wall St. ends down as biotechs drop 4 percent
(Reuters) – U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen.
Time Warner Cable, Cox Communications deny report of merger talks
(Reuters) – Time Warner Cable Inc and Cox Communications Inc [COXC.UL] denied a Wall Street Journal report on Monday that Time Warner Cable had approached Cox Communications to discuss a potential merger.
Mylan says Teva offer too low; criticizes stock, growth prospects
(Reuters) – Mylan NV rejected Teva Pharmaceutical Industries Ltd’s $40 billion takeover offer on Monday, saying in a scathing letter that it grossly undervalued the company and that Mylan has no interest in payment in what it termed “high-risk” Teva st…
Applied Materials scraps Tokyo Electron takeover on U.S. antitrust concerns
TOKYO (Reuters) – U.S.-based Applied Materials Inc on Monday scrapped its $10 billion planned takeover of chip-making gear rival Tokyo Electron Ltd after the deal, a rare foreign bid for a Japanese firm, fell foul of U.S. anti-trust regulators.
French IT firm Cap Gemini to buy U.S. rival IGATE for $4 billion
PARIS (Reuters) – Cap Gemini SA , a French information technology services company, said it will buy U.S.-based rival IGATE Corp for $4 billion in a deal that would make North America into its biggest market and hand IGATE’s founders a $1 billion windf…
Investors question Deutsche Bank’s overhaul
FRANKFURT (Reuters) – Deutsche Bank’s biggest strategic overhaul under co-chief executives Anshu Jain and Juergen Fitschen got a thumbs down from investors on Monday who judged it too little too late.
