Family Dollar adjourns shareholder meeting on Dollar Tree deal
(Reuters) – Family Dollar Inc shareholders voted not to proceed with a vote on an agreed takeover by Dollar Tree Inc in the face of a higher hostile bid from Dollar General Corp .
Standard Chartered replaces long-time advisor UBS with Bank of America
LONDON (Reuters) – Standard Chartered has replaced UBS as one of its corporate advisors as it attempts to improve its relationship with major shareholders.
Stock swings may signal bull run is in its last throes
LONDON (Reuters) – Stocks are showing the kind of volatility that preceded major falls in the past, suggesting to some that one of the most blistering U.S. rallies on record may be nearing its end.
ECB sets Volksbanken capital goal as ‘bad bank’ plan approved
VIENNA (Reuters) – The European Central Bank has told Austria’s Volksbanken group to strengthen its balance sheet by next July as it rushes to wind down its flagship unit and plug a capital hole exposed by this year’s health checks on euro zone banks.
SEC’s new investor watchdog lays out risky products for 2014
WASHINGTON (Reuters) – The U.S. securities investor watchdog office on Tuesday unveiled its list of the top products and practices that bedeviled mom and pop investors in 2014.
Bank dealmakers set for bonus cheer, bond traders not so much
LONDON (Reuters) – Investment bankers working on corporate takeovers and share issues can expect good news on bonuses when they return from the holidays after a buoyant year, but bond and currency traders face lower payouts.
France waves discreet goodbye to 75 percent super-tax
PARIS (Reuters) – When President Francois Hollande unveiled a “super-tax” on the rich in 2012, some feared an exodus of business, sporting and artistic talent. One adviser warned it was a Socialist step too far that would turn France into “Cuba without…
Argentina loses U.S. appeal over creditors’ subpoenas
NEW YORK (Reuters) – A U.S. appeals court on Tuesday rejected Argentina’s bid to reverse a decision requiring the country and various banks to provide holdout creditors with information about the country’s assets, including military equipment and diplo…
Informal capital controls arrest Russian ruble’s slide
MOSCOW (Reuters) – Russia’s rouble hit its highest levels in two weeks on Tuesday, shored up by informal capital control measures designed to head off a repeat of the inflation and protests that marked Russia’s 1998 financial crisis.
U.S. new home sales fall for second straight month in November
WASHINGTON, (Reuters) – Sales of new U.S. single-family homes fell for a second straight month in November, a sign that the housing market recovery remains fragile.
