Wells Fargo waives October mortgage fees for late payers
NEW YORK (Reuters)p – If you are late on your mortgage payment to Wells Fargo Corp this month, the bank is giving you a break.
Dow Chemical raises asset sale target to $3 billion-$4 billion
(Reuters) – Dow Chemical Co said it now expects to raise between $3 billion and $4 billion from asset sales in the next 18 to 24 months, at least double its earlier target, as it looks to shed businesses exposed to commodity price swings.
Tesla hires Apple VP to lead vehicle development
DETROIT (Reuters) – Tesla Motors Inc , maker of the Model S electric car, hired a former Apple Inc executive to lead development of the electric carmaker’s new vehicles.
Analysis: T-Mobile strategy could eat into business of AT&T, Verizon
NEW YORK (Reuters) – T-Mobile US Inc is expected to post stronger subscriber growth than its larger rival AT&T Inc for the second straight quarter, suggesting the upstart carrier’s bold new customer policies could shake up the U.S. mobile market.
Exclusive: Apax nears One Call deal for more than $2 billion – sources
NEW YORK (Reuters) – Apax Partners LLP is in advanced talks to acquire medical cost containment services company One Call Care Management Inc from Odyssey Investment Partners LLC for more than $2 billion, three people familiar with the matter said on T…
Icahn bumps up Apple stake, pushes Cook again on buyback
(Reuters) – Billionaire investor Carl Icahn fired his latest salvo at Apple Inc Chief Executive Tim Cook on Thursday, urging the iPhone maker again to initiate a $150 billion buyback through a tender offer – but pledging to keep his own stock out of it…
Goldcorp delays, ups cost estimate on Argentina project
(Reuters) – Goldcorp Inc on Thursday raised its estimate for building a gold mine at its Cerro Negro site in Argentina by up to a third, and said first production at the project, which is one of the company’s three big mining developments, would be del…
Kering’s Gucci posts weakest sales growth in four years
PARIS (Reuters) – Gucci still has more work to do to become a more exclusive brand, parent Kering said on Thursday after the leather goods maker posted its weakest sales growth in four years.
Prospect Capital has size, diversification and a few Clydesdales
NEW YORK, Oct 24 (RLPC) – Prospect Capital Corp , the second-largest actively managed business development company (BDC), is banking on its heft and diverse strategy in an increasingly competitive middle market lending business.
G4S chief for Britain resigns from security group
LONDON (Reuters) – G4S , the world’s biggest security services firm, said its UK chief executive Richard Morris had resigned and been replaced by the group’s chief operating officer Eddie Ashton.
