AT&T rules out Vodafone bid for now
LONDON (Reuters) – AT&T on Monday ruled out a bid for Britain’s Vodafone after Britain’s takeover watchdog asked the U.S. phone company to clarify its position following reports that it had sounded out European regulators on the prospects of a merger.
Comcast, Charter near pact on Time Warner Cable deal: report
NEW YORK (Reuters) – Charter Communications Inc has agreed in principle to sell Time Warner Cable Inc’s New York, North Caroline and New England assets to Comcast Corp , if it succeeds in buying Time Warner Cable, according to a Bloomberg report on Mon…
Caterpillar tops estimate, sees gains in 2014; stock up
(Reuters) – Caterpillar Inc posted a stronger-than-expected quarterly profit on Monday as cost cuts and an uptick in demand for its building equipment offset continued weak sales to the mining industry.
SAC’s Cohen wins partial dismissal of ex-wife’s fraud lawsuit
NEW YORK (Reuters) – Steven A. Cohen’s ex-wife, who accused the billionaire hedge fund founder of hiding $5.5 million during their 1990 divorce, can pursue fraud claims against him but cannot go after him for racketeering, a federal judge ruled on Mond…
Analysis: Emerging markets as vulnerable to contagion as ever
LONDON/NEW YORK/SINGAPORE (Reuters) – Emerging markets may be unrecognizable from the small and fragile economies that fell like dominoes 15 years ago, but they are just as vulnerable today to the same sort of indiscriminate selling when investor panic…
New home sales fall, but private sector expands
WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell more than expected in December, but lean inventories and steady price gains suggested the housing market recovery remained intact.
Swatch loses to Bloomberg over analyst call: U.S. court
NEW YORK (Reuters) – In a victory for financial news media, a U.S. appeals court said Bloomberg LP acted lawfully when it secretly obtained a recording of a conference call between Swatch Group SA and securities analysts and published a transcript.
Lion Air to cancel order for five Boeing 787s
BATAM, Indonesia/OSLO (Reuters) – Indonesian budget airline Lion Air said on Monday it planned to cancel an order for five Boeing Co 787 Dreamliner aircraft and replace them with smaller 737 models.
Germany to feel brunt of 5,291 Airbus job cuts: source
PARIS (Reuters) – Airbus Group has told its unions it will shed the equivalent of 5,291 jobs as part of a restructuring of its defense and space activities, with the axe falling most heavily in Germany, a union source said on Monday.
China’s top diplomat wants free-trade deal with Europe
BRUSSELS (Reuters) – Beijing’s top diplomat called on Monday for China and the European Union to consider a multi-billion-dollar free-trade deal, a once unthinkable step that shows a big improvement in relations between two of the world’s largest marke…
