Dish profit rises, chairman criticizes Comcast/TWC deal
(Reuters) – Satellite TV provider Dish Network Corp reported a 38 percent rise in fourth-quarter profit on Friday and the company’s chairman said he saw “nothing good” for competitors if U.S. regulators approve the merger of Comcast Corp and Time Warne…
Exclusive: Testing detente, U.S. firms move to sell jet parts to Iran
(Reuters) – U.S. aerospace companies are seeking permission to sell airliner parts to Iran for the first time in three decades, in a key test of the temporary relief on sanctions given under talks to curtail Iran’s nuclear activities.
Mexico media tycoon clash heats up, Slim attacked for Dish deal
MEXICO CITY (Reuters) – Mexican tycoon Carlos Slim is facing renewed accusations from rivals that he has skirted the law in a tie-up with pay-television provider Dish Mexico as a new telecommunications regulator prepares to issue a series of landmark a…
Exclusive: Fortress, others eye Citi’s OneMain consumer finance unit
NEW YORK (Reuters) – Citigroup Inc has been approached by Fortress Investment Group LLC and some other private equity firms about a potential deal for its consumer finance business, OneMain Financial, according to two people familiar with the situation…
Not a typo, monopsony in spotlight in U.S. cable deal
WASHINGTON (Reuters) – If U.S. antitrust enforcers decide to challenge the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, it may be because of an idea with a funny-sounding name that has been gaining currency in government offic…
Exclusive: Ally targets March IPO to raise up to $4.5 billion, government exit
(Reuters) – Ally Financial Inc is hoping for an initial public offering of as much as $4.5 billion next month, sources familiar with the matter said, in a deal that would allow the U.S. government to make a profit on its crisis-era bailout of the auto …
Coca-Cola moves toward bottling deals in Chicago, Central Florida
BOCA RATON, Florida (Reuters) – Coca-Cola Co on Friday announced deals to sell bottling operations in Greater Chicago and Central Florida, as it slowly undoes its 2010 purchase of its North American bottler.
Fannie Mae profits push taxpayers into black on housing bailout
WASHINGTON (Reuters) – Fannie Mae said on Friday it would soon send the U.S. Treasury a dividend of $7.2 billion that will make taxpayers whole for the 2008 bailout of the mortgage-financing giant and its sibling company Freddie Mac.
Daimler raises performance bar on profitability and pay
FRANKFURT (Reuters) – Daimler AG has toughened its performance standards by weeding out weaker rivals from a peer group used to calibrate profitability and senior managers’ pay, the German carmaker’s annual report showed.
U.S. leads pushback against emerging market angst at G20
SYDNEY (Reuters) – The world’s rich nations pushed back on Friday against emerging market complaints about the spillover effects of their monetary policies, saying they had to get their own houses in order and get with the agenda of boosting global gro…
