Business Today: Hewlett-Packard to split into two public companies

		Click to View in Browser 10/6/2014 Hewlett-Packard to split into two public companies (Reuters) - Hewlett-Packard Co said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations. Small biotech stocks plummet in premarket NEW YORK (Reuters) - Sunesis Pharmaceuticals and Alcobra Ltd were both sharply lower in premarket trading on Monday, with both names tumbling on heavy volume after reporting the results of late-stage drug trials. Strong U.S. jobs lift European stocks, dollar rally pauses LONDON (Reuters) - European equities advanced while the dollar paused after a sharp rally last week as forecast-beating U.S. jobs data eased concerns about global economic growth. Walt Disney rescues Euro Disney with $1.3 billion funding deal LONDON/PARIS (Reuters) - Walt Disney Co has come to the rescue of its loss-making subsidiary Euro Disney with a 1 billion-euro ($1.3 billion) funding deal announced on Monday, which could give the U.S. group total control over Europe's biggest tourist attraction. Japan listings get bullish sign as Recruit sets IPO price TOKYO (Reuters) - Japan's largest recruitment company Recruit Holdings Co Ltd priced its $2 billion initial public offering at 3,100 yen, the top of its bookbuilding range, raising expectations of strong demand that could break a run of flops among big Tokyo listings. Exclusive: Herbalife hires former U.S. regulator to head compliance team WASHINGTON (Reuters) - Herbalife Ltd, the marketer of weight-management products, energy drinks and nutrition supplements that has come under investigation by the Federal Trade Commission as well as other agencies, has hired a former FTC official as its chief compliance officer. In digital push, Bertelsmann buys rest of G+J FRANKFURT (Reuters) - Bertelsmann is taking full ownership of Gruner + Jahr, publisher of magazines including Stern and Brigitte, as Europe's largest media group looks to make up ground after being slow to expand online. Britain's Virgin Atlantic scraps domestic short-haul service LONDON (Reuters) - Britain's Virgin Atlantic said its domestic short-haul unit, Little Red, would cease operations in 2015, just over two years after it was launched. Exclusive: Iberdrola hires JPMorgan for asset sales to fund U.S. buy MADRID/FRANKFURT (Reuters) - Spanish power firm Iberdrola has hired JPMorgan Chase & Co to sell some foreign renewable assets which could raise up to 2 billion euros to help fund an acquisition in the fast-growing U.S. market, three sources with knowledge of the matter said. Bill Gross told rival Gundlach: 'I am Kobe, you are LeBron' NEW YORK (Reuters) - It was one of the most extraordinary meetings in the history of the bond market. Two of the biggest-ever names in fixed-income investing, Bill Gross and Jeffrey Gundlach, fierce rivals who had never previously talked, held a secret meeting over glasses of lemonade, water, and plates of crudites about whether to join forces. Related Video Breakingviews: The tide of disinflation Markets bet on Brazil rebound post-election Economic News EU likely to reject France's 2015 budget, ask for tighter one Euro zone sentiment falls in Oct to lowest level since May 2013 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 - 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 Friend us on Facebook Forward to a friend