RefBan

Referral Banners

Thursday, February 14, 2013

Business Today: Stock futures dip on Europe, Japan growth data; Cisco weighs

Click to View in Browser
02/14/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Stock futures dip on Europe, Japan growth data; Cisco weighs
NEW YORK (Reuters) - Stock futures fell on Thursday in the wake of weaker-than-expected growth data from Europe and Japan and a disappointing outlook from technology bellwether Cisco Systems .
Berkshire Hathaway, 3G Capital to buy Heinz for $23 billion cash
(Reuters) - Warren Buffett's Berkshire Hathaway Inc and 3G Capital will buy ketchup maker H.J. Heinz Co for $72.50 a share, or $23.2 billion in cash, Heinz said on Thursday.
Jobless claims drop exceeds expectations
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a continued steady improvement in labor market conditions.
PepsiCo profit beats Street; 2013 in line with goals
(Reuters) - PepsiCo Inc reported a higher-than-expected fourth-quarter profit on Thursday, helped by increases in sales volume and prices, and gave a 2013 forecast consistent with its ongoing turnaround plan.
GM profit misses estimates; losses in Europe deepen
DETROIT (Reuters) - General Motors Co reported a weaker-than-expected fourth-quarter profit on Thursday, citing wider losses in Europe and lower vehicle prices in its core North American market.
American Airlines, US Airways unveil $11 billion merger
(Reuters) - American Airlines and US Airways Group said they plan to merge to form the world's biggest airline with a combined equity value of $11 billion.
Cardinal Health to buy medical supplier AssuraMed for $2.07 billion
(Reuters) - U.S. drug wholesaler Cardinal Health Inc said it plans to acquire AssuraMed, a privately held direct-to-home medical supply distributor, for about $2.07 billion.
Apple challenges loss of iPhone trademark in Brazil
RIO DE JANEIRO (Reuters) - Apple Inc, which lost the rights to its iPhone trademark in Brazil on Wednesday, is challenging the ruling by Brazil's copyright regulator to prevent local firm Gradiente Eletronica SA from using the "iphone" brand name.
Merck to pay $688 million to settle Enhance lawsuits
(Reuters) - Merck & Co on Thursday said it has agreed to pay $688 million to settle two U.S. investor lawsuits over disclosures of the results of a clinical trial involving the anti-cholesterol drug Vytorin.
AB InBev revises Modelo deal to meet U.S. objections
BRUSSELS (Reuters) - Anheuser-Busch InBev , the world's largest brewer, has revised the terms of its $20.1 billion takeover of Mexican brewer Grupo Modelo to overcome U.S. government objections that it would have restricted competition.
Related Video
Markets' Italy election plea: no Silvio, no gridlock
U.S. Morning Call: AMR, U.S. Airways unveil $11bln merger
Economic News
Jobless claims drop exceeds expectations
Treasury nominee wins over critics, says tax reform top priority
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Counterparties
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Money
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments: