Ackman asks for Allergan’s stockholder list
BOSTON (Reuters) – William Ackman plans to communicate with other Allergan shareholders after the Botox maker on Monday rebuffed a bid to be bought by the billionaire investor and Valeant Pharmaceuticals.
Aston Martin expects to be profitable after 2016: CFO
MILLBROOK, England (Reuters) – Loss-making British luxury sports carmaker Aston Martin expects to make a significant return to profitability after 2016, its finance officer said on Monday.
UniCredit returns to profit as bad loans fall
MILAN (Reuters) – UniCredit returned to profit in the first quarter of the year and said bad loans had fallen for the first time since 2008 as the Italian economy shows the first signs of recovery.
Monte Paschi says to meet LTRO reimbursement deadline
MILAN (Reuters) – Italy’s bailed-out bank Monte dei Paschi di Siena expects to meet a February 2015 deadline to fully pay back 29 billion euros ($40 billion) in cheap loans it took from the European Central Bank, according to slides posted on its websi…
Chrysler posts first-quarter loss, begins shipping 200 midsize
DETROIT (Reuters) – Chrysler Group LLC expects increased vehicle shipments linked to the new Chrysler 200 midsize sedan will not have a great effect on earnings until the third quarter, its chief financial officer said on Monday.
Safety debate eyes taming Bakken crude before it hits rails
HOUSTON (Reuters) – After a spate of fiery derailments, the scramble to make North Dakota’s Bakken crude oil safer when it’s being transported on trains has focused on better tracks, slower speeds, and reinforced railcars that bypass urban areas.
Lawmakers pressure Credit Suisse boss Dougan to resign
ZURICH (Reuters) – Credit Suisse boss Brady Dougan is under pressure from lawmakers to resign over the Swiss bank’s role in helping wealthy Americans dodge taxes, a legal headache that could cost the bank as much as $1.6 billion to resolve.
SocGen appeals Euribor fine
PARIS (Reuters) – French bank Societe Generale has appealed against the 445.9 million euro ($613.4 million) fine it paid last year for manipulating benchmark interest rates, saying regulators had miscalculated it.
Head of Dutch KPMG quits after investigations
AMSTERDAM (Reuters) – The head of KPMG in the Netherlands resigned on Monday, the accounting firm said, less than a month after authorities launched a criminal investigation into alleged tax fraud at a venture it set up to build a new Dutch headquarter…
BSkyB in talks to unite Murdoch’s pay-TV businesses in Europe
LONDON/FRANKFURT (Reuters) – Britain’s largest pay-TV company BSkyB is in talks to buy Sky Deutschland and Sky Italia, a 10 billion euro deal that would realize Rupert Murdoch’s long-held ambition to combine his European TV interests in a single busine…
