Business

Stock Futures Climb After Selloff, JPMorgan Results

U.S. stock index futures advanced on Tuesday, a day after the S&P 500 suffered its biggest drop in two months, as investors digested earnings from JPMorgan and Wells Fargo and prepared for retail sales data. The benchmark S&P index .SPX...

Charter Takes Rejected Time Warner Cable Bid To Investors

Charter Communications Inc on Monday formally offered to acquire larger rival Time Warner Cable for $37.3 billion, sparking what is likely to be a contentious battle for control of the No. 2 U.S. cable operator. Charter, the No. 4 cable...

Earnings Worries Dent Global Stocks

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Global shares fell on Tuesday as weak earnings pre-announcements in the United States fuelled worries that the upcoming reporting season may disappoint, leaving some indexes looking expensive after a bumper 2013. The dollar steadied against a basket of six major...

Google Gains Entry To Home And Prized Team With $3.2 Billion Nest Deal

Google Inc took its biggest step to go deeper into consumers' homes, announcing a $3.2 billion deal to buy smart thermostat and smoke alarm-maker Nest Labs Inc, scooping up a promising line of products and a prized design team...

2014: Dangote Cement To Complete Plants Across Africa

BEVERLY HILLS, CA, January 13, (THEWILL) –  In furtherance of Dangote Group’s pan-African expansion drive, not less than five cement plants belonging to Dangote Cement and spread across five countries in Africa will be completed this year, the Company...

Europe Banks Cheer Easing In Leverage Rules, Shares Rally

Deutsche Bank (DBKGn.DE) and Barclays (BARC.L) led European bank stocks on Monday to their highest for nearly three years after regulators watered down new rules aimed at strengthening banks but which could have limited their ability to lend. Sunday's decision...

Japan’s Suntory To Buy U.S. Drinks Group Beam In $16 Billion Deal

Suntory Holdings Ltd SUNTH.UL said on Monday it plans to buy Beam Inc (BEAM.N), paying $13.6 billion in cash for the shares to make the Japanese company the world's third-largest maker of distilled drinks. Including the assumption of Beam's debt,...

BMW Keeps Luxury Sales Crown As Audi, Mercedes Catch Up

BMW (BMWG.DE) posted the smallest gain in December sales of Germany's top three premium-car brands as the battle with Audi and Mercedes-Benz DAIGM.UL for the luxury-sales crown is heating up. Deliveries at the luxury-sales champion rose 2.3 percent last month...

New Acer CEO Disappoints With Lack Of Detail On Future Plans

Investors looking for specifics as to the future of Acer Inc, the world's No.4 PC vendor, came away disappointed when the new CEO spent more time delivering a history of the company's past mistakes than on where it was...

Exclusive: U.S. Investigating Honeywell Over Export, Import Controls

The U.S. Justice Department is investigating export and import procedures at Honeywell International Inc after the firm included Chinese parts in equipment it built for the F-35 fighter jet, three sources familiar with the matter said. Reuters last week reported...