| | Nasdaq slumps to worst day since July; S&P 500 dips | NEW YORK (Reuters) - U.S. stocks closed mixed on Monday as the tech sector dragged the Nasdaq to its worst day since July and kept the S&P 500 near the unchanged mark as investors cleared the decks for Alibaba's debut planned for later this week. | | | | | Alibaba will raise IPO range to $66 to $68: Wall Street Journal | SAN FRANCISCO (Reuters) - Alibaba Group Holding Ltd [IPO-BABA.N] is prepared to raise the price range on its initial public offering to $66 to $68 a share, from $60 to $66 previously, The Wall Street Journal reported on Monday, citing people familiar with the matter. | | | | | | Microsoft to buy Minecraft maker Mojang for $2.5 billion | STOCKHOLM/SEATTLE (Reuters) - Microsoft Corp has agreed to acquire the Stockholm-based developer of the wildly popular Minecraft video game for $2.5 billion, as it tries to lure a new and mostly young audience into its mobile world. | | | | | | GM to offer compensation for 19 deaths related to ignition switch | WASHINGTON (Reuters) - General Motors Co will pay compensation for 19 deaths linked to a faulty ignition switch, according to the lawyer overseeing the compensation process, more than the 13 deaths the automaker had previously admitted were caused by the now recalled part. | | | | | | Danaher to buy Nobel Biocare for $2.2 billion | ZURICH (Reuters) - U.S. healthcare group Danaher Corp is to buy Nobel Biocare Holding AG for an agreed $2.2 billion to become the world's biggest player in a dental implants market benefiting from growing demand for cosmetic dentistry. | | | | | | | | 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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