  | | | Indexes post gains for a fifth week | | NEW YORK (Reuters) - Major U.S. stocks indexes notched a fifth straight week of gains on Friday as weak jobs data suggested to some investors there is little risk the Federal Reserve will speed up its plans to hike interest rates. | | |  | | | Alibaba expects IPO to be priced between $60 and $66 per share | | (Reuters) - Chinese e-commerce company Alibaba Group Holding Ltd [IPO-BABA.N] said its initial public offering is expected to be priced at between $60 and $66 per American Depository Share, valuing the company at about $162.69 billion at the top end. | | | |  | | | Family Dollar spurns Dollar General again | | (Reuters) - Family Dollar Stores Inc rejected Dollar General Corp's sweetened takeover bid, saying the offer still did not address antitrust concerns, raising the prospect that the No. 1 U.S. deep discount chain will go "hostile" with its offer. | | | |  | | | New fines may prompt BP to cut back in Russia, elsewhere | | LONDON (Reuters) - The prospect of up to $18 billion in new fines for the 2010 Gulf of Mexico oil spill could pressure BP to sell assets from the Americas to Asia and Russia, where its interests risk being dragged into a political standoff between Moscow and the West. | | | |  | | | In Herbalife's nutrition clubs, Ackman's attacks fail to resonate | | (Reuters) - New York hedge fund manager William Ackman says Herbalife is a pyramid scheme that exploits the poor. He has taken a $1 billion bet against the company's stock and spent millions on research to attack the nutritional supplements seller, including making a video showing former distributors who claim they were deceived and lost money trying to sell its products. | | | |  | | | Sprint expands rural roaming program, adding 15 new carriers | | WASHINGTON (Reuters) - Sprint Corp said on Friday it was adding 15 new rural and regional wireless providers to its U.S. roaming program, a move bolstering the company's efforts to cheaply expand its footprint as it fights to stay competitive as a national carrier. | | | |  | | | GM wins dismissal of lawsuit over its IPO | | NEW YORK (Reuters) - General Motors Co has won dismissal of a shareholder lawsuit accusing it of padding sales around the time of its November 2010 initial public offering by quietly unloading vehicle inventory on its dealers. | | | |  | | | Amazon.com's retail practices in India come under scrutiny: WSJ | | SAN FRANCISCO (Reuters) - Regulators in India are investigating whether Amazon.com Inc may have circumvented restrictions placed on foreign investors by selling directly to domestic consumers, The Wall Street Journal on Friday, citing unidentified sources. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | 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 | |
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