China IPO market resumes after four-month hiatus, brokers to rue break
SHANGHAI/HONG KONG (Reuters) – The reopening of mainland China’s IPO market with seven new listings announced on Tuesday is good news for investors, although analysts said brokerages could be forced to slash their earnings forecasts after a four-month …
Microsoft to cooperate with Qihoo 360 amid security concerns in China: Xinhua
BEIJING (Reuters) – Microsoft Corp will work with Chinese Internet security specialist Qihoo 360 Technology Co on mobile Internet and artificial intelligence technology, state media reported, as the U.S. software giant fights security concerns in the c…
Asia stocks hit three-year high
TOKYO, June 10 (Reuters) – Asia stocks nudged three-year highs on Tuesday on rising optimism over global growth prospects and a record-run on Wall Street, helping lift Treasury yields and the dollar.
AT&T settles U.S. lawsuit with broadcaster Al Jazeera
(Reuters) – AT&T Inc settled a lawsuit over its refusal to carry the U.S. news channel of Qatar-based broadcaster Al Jazeera, according to records in Delaware’s Court of Chancery.
Dow, S&P 500 extend string of record closes
NEW YORK (Reuters) – The Dow and S&P 500 ended at record highs again on Monday as more deal news raised enthusiasm for stocks, though Wall Street’s fear gauge advanced.
Two GM lawyers, quality control executive among those pushed out over switch
DETROIT (Reuters) – Two product litigation attorneys and a quality control executive are among the 15 employees who have been forced out by General Motors Co over the company’s poor handling of a defective ignition switch linked to at least 13 deaths, …
Dow, S&P 500 extend string of record closes
NEW YORK (Reuters) – The Dow and S&P 500 ended at record highs again on Monday as more deal news raised enthusiasm for stocks, though Wall Street’s fear gauge advanced.
If Sprint buys T-Mobile, it may have to slash prices: analysts
WASHINGTON (Reuters) – If Sprint Corp acquires T-Mobile US Inc, it could save up to $6.6 billion on network, equipment and operating costs, but it will have to slash its prices to match the target company’s steep discounts, analysts said on Monday.
Family Dollar adopts poison pill after Icahn sparks sales talk
(Reuters) – Family Dollar Stores Inc adopted a poison pill to buy time to consider any possible deal that activist investor Carl Icahn could push for after becoming its largest shareholder.
Exclusive: Icahn – Family Dollar poison pill puts damper on ‘friendly dialogue’
(Reuters) – Billionaire shareholder activist Carl Icahn told Reuters on Monday that the Family Dollar Stores Inc poison pill is a “quintessential example” of attorneys “simply earning fees.”
