JPMorgan CEO Dimon’s new pay package similar to year before: WSJ
(Reuters) – JPMorgan Chase & Co Chief Executive Officer Jamie Dimon is expected to receive a total pay package for 2014 that is similar to the $20 million he was given the year before, the Wall Street Journal reported, citing people familiar with the matter.
GM bets $300 million to upgrade plant for new Cadillac CT6 sedan
DETROIT (Reuters) – General Motors Co has invested $300 million to upgrade and heavily automate its Detroit-Hamtramck plant ahead of this year’s launch of the 2016 Cadillac CT6 luxury sedan, a company executive said Thursday.
ECB agrees landmark sovereign bond-buy plan
FRANKFURT (Reuters) – The European Central Bank agreed on Thursday to embark on a quantitative easing (QE) programme, which together with its existing schemes will pump 60 billion euros a month into the euro zone economy from this March until September…
United Airlines bullish on first quarter from lower fuel costs
(Reuters) – United Continental Holdings Inc provided a bullish outlook for the coming year on Thursday in part because of lower fuel costs, sending shares up even though its fourth-quarter profit fell short of expectations.
European shares hit seven-year high
LONDON (Reuters) – European shares were at a seven-year high and the euro sat near an 11-year low on Thursday as the European Central Bank prepared to take the plunge into full-scale quantitative easing.
Hyundai Motor’s biggest-ever dividend greeted with outlook concern
SEOUL (Reuters) – Hyundai Motor Co announced its biggest-ever dividend on Thursday to appease shareholders angered by a $10 billion property buy, but the payout failed to distract investors from growth prospects clouded by declines in the rouble and ye…
EBay’s breakup plans may open door for e-commerce M&A
SAN FRANCISCO (Reuters) – EBay Inc’s plans to break up into three different companies could accommodate would-be suitors, signaling a potential merger fight after the breakup.
Johnson & Johnson’s $7.2 billion claim against Boston Scientific now with U.S. judge
NEW YORK (Reuters) – For more than eight years, Johnson & Johnson has pursued billions of dollars in damages against Boston Scientific Corp after the latter won a controversial – and ultimately ill-fated – bidding war for device maker Guidant.
At least six U.S. states expect to miss revenue targets: report
WASHINGTON (Reuters) – Most U.S. states expect to hit their revenue targets this fiscal year, but at least six states say they could fall short, the National Conference of State Legislatures said on Wednesday.
Kinder Morgan entering Bakken with $3 billion deal
HOUSTON (Reuters) – Leading U.S. pipeline Kinder Morgan Inc said on Wednesday it will enter North Dakota’s Bakken shale with a $3 billion acquisition of Hiland Partners, a pipeline and logistics company founded by Continental Resources Chief Executive …
