Italy’s Monte dei Paschi considers bigger cash call
MILAN/ROME (Reuters) – Italy’s loss-making Banca Monte dei Paschi di Siena is considering increasing the size of its planned share sale to help it pass a Europe-wide bank health check and repay state aid this year.
Washington Post editorial backs Comcast-TWC merger with conditions
WASHINGTON (Reuters) – U.S. regulators should approve the proposed $45.2 billion merger of two biggest U.S. cable providers Comcast Corp and Time Warner Cable Inc, but set “clear conditions,” Washington Post’s editorial board said on Tuesday.
N.Y. Attorney General probing Herbalife: report
(Reuters) – New York Attorney General Eric Schneiderman is investigating nutrition and weight loss company Herbalife Ltd over claims it is a pyramid scheme, the New York Post reported late Monday.
Barclays’ boss treads fine line in investment bank review
LONDON (Reuters) – Barclays’ Chief Executive Antony Jenkins is facing a high-wire act to overhaul the firm’s investment bank without undermining a division that contributes about half of group profits.
Zebra Tech to buy Motorola Solutions’ enterprise business
(Reuters) – Barcode printer maker Zebra Technologies Corp said it would buy Motorola Solutions Inc’s enterprise business, which makes rugged mobile computers, tablets and barcode scanners, for $3.45 billion in cash.
U.S. home builder sentiment edges up in April, still gloomy
NEW YORK (Reuters) – U.S. homebuilder sentiment edged up in April but remained mostly dour on lingering concerns about stiff credit conditions for buyers and tight supply of building lots and labor, the National Association of Home Builders said on Tue…
Yellen prepares Wall Street for more wholesale funding rules from Fed
NEW YORK/ATLANTA (Reuters) – The U.S. Federal Reserve is considering adopting yet more measures to address the remaining stability risks in the short-term wholesale funding markets that seized during the 2008 financial crisis, Fed Chair Janet Yellen sa…
Ford Europe sales up 12 percent in March on Germany, U.K. demand
BERLIN (Reuters) – Ford said European car sales increased 12 percent in March, the tenth straight monthly gain, as customers snapped up small vehicles and compact SUVs.
BlackBerry buys minority stake in healthcare IT firm
TORONTO (Reuters) – BlackBerry Ltd said on Tuesday it bought a minority stake in privately held healthcare IT firm NantHealth, a move that offers a glimpse into the type of niche markets the smartphone maker is targeting as it attempts to engineer a tu…
Ukraine, weak updates hit shares; bonds rise
LONDON (Reuters) – Crisis in Ukraine, weak trading updates from European companies and worries over China’s economy turned investors sour on riskier assets on Tuesday, driving shares lower and bond prices higher.
