Analysis: What’s in your small-cap fund? Try Boeing or Pfizer
NEW YORK (Reuters) – Investors in small-cap funds may be in for a big surprise.
Dell committee and buyout group close to a deal: source
(Reuters) – Dell Inc’s special committee and the buyout group led by company founder and Chief Executive Michael Dell are nearing a deal that would include an offer price of $13.75 per share and a special dividend of 13 cents, a source familiar with th…
Insight: Carrefour in the trenches of the hypermarket war
PARIS (Reuters) – Fifty years ago, on June 15, 1963, two French families opened Europe’s first hypermarket in Sainte-Genevieve-des-Bois near Paris. Stocking 5,000 products over 2,500 square meters, it was three times the size of most grocery stores.
Toyota cautious on outlook after near-record quarterly profit
TOKYO (Reuters) – Toyota Motor Corp took a cautious stance on its profit outlook, worried over currency moves and a slowdown in Thailand and other emerging markets, even as healthy earnings on overseas sales lifted it to a near-record quarterly profit….
Dell committee and buyout group close to a deal: WSJ
(Reuters) – Dell Inc’s special committee and the buyout group led by the company’s founder and chief executive, Michael Dell, are close to a deal, the Wall Street Journal reported, citing sources.
New RBS boss McEwan tasked with restoring bank to health
LONDON (Reuters) – New Zealander Ross McEwan was confirmed as boss of Royal Bank of Scotland on Friday, tasked with laying the foundations for Britain to start selling its 81 percent stake in the bank.
Cross-border M&A falls to lowest since 2009
LONDON (Reuters) – Cross-border merger and acquisition deal volumes are down by almost a third so far this year from 2012 levels, making this the slowest year to date for international transactions since 2009, Thomson Reuters data showed on Friday.
U.S. jobs data may show strength, prompt stimulus end
LONDON (Reuters) – Investors positioned for a strong U.S. jobs report on Friday, balancing the likelihood it will confirm the economy is recovering with wariness it might prompt the Federal Reserve to end its stimulus earlier.
Japan says GDP growth could slow to 1 percent after sales tax hike
TOKYO (Reuters) – Japan’s economic growth will slow to 1.0 percent in fiscal 2014/15, less than half the pace expected this year, as a planned sales tax hike weighs temporarily on consumption, government forecasts showed.
Kabel Deutschland board formally recommends Vodafone offer
FRANKFURT (Reuters) – The supervisory and management boards of Kabel Deutschland have formally recommended a 7.7 billion euro ($10.2 billion) bid from Vodafone, they said in a statement on Friday.
