"The stock is correct in going higher" in response to the deal, says CNBC's Jim Cramer.» Read More
*Deal will also let Energen fund Permian basin drilling. *Energen shares up as much as 4 pct, Laclede falls as much as 3 pct. April 7- Energen Corp will sell its 150- year old natural gas utility Alabama Gas Corp to Laclede Group Inc for $1.28 billion in cash, helping it repay debt and fund drilling for oil and gas in the Permian basin.
*Bouygues, Iliad fall; Numericable spikes on SFR deal. LONDON, April 7- European equities retreated on Monday after a three-week rally, led down by French companies Iliad and Bouygues on expectations that a failed acquisition bid by Bouygues would hurt the earnings of both.
April 7- Vocus Inc, a provider of cloud-based marketing and public relations software, said it would be bought by private equity firm GTCR Valor Merger Sub Inc for about $446.5 million. Shares of Beltsville, Maryland- based Vocus rose 47 percent to $17.90 on the Nasdaq in early trading on Monday.
NEW YORK, April 7- U.S. stocks opened lower on Monday, with the S&P 500 on track for its third straight decline, as weakness in some of the market's recent high-flying names continued. Yahoo Inc fell 2 percent to $33.58, Biogen lost 2.2 percent to $282 and Gilead Sciences Inc fell 1.3 percent to $71.04.
*Holcim will hold 53 pct of merged entity. PARIS, April 7- Switzerland's Holcim unveiled an all-share deal to buy France's Lafarge on Monday to create the world's biggest cement maker with combined sales of 32 billion euros. Shares in Lafarge rose 4 percent at the open, the top gainer on France's blue-chip CAC 40 index, while shares in Holcim were up 5.4 percent.
HONG KONG, April 7- Hong Kong shares ended lower on Monday, pulled down by index heavyweight Tencent as the Internet firm tracked a slide in tech stocks on Wall Street, while casino operators also fell. Shares in Chinese Internet company Tencent slipped 4.5 percent to its lowest close since Jan. 27, while software firm Kingsoft fell 6.2 percent.
*Nikkei tripped by higher yen, Wall St tech retreat. SYDNEY, April 7- Japanese shares were slugged on Monday by a one-two combination of a higher yen and a selloff in the tech sector, while the euro struggled with speculation of more policy easing at home.
*Nikkei drops on higher yen, Wall St tech retreat. SYDNEY, April 7- Japanese shares were slugged on Monday by a one-two combination of a higher yen and a selloff in the tech sector, while the euro struggled with speculation of more policy easing at home.
SYDNEY, April 7- Asian markets were torn two ways on Monday, some following Wall Street lower but others encouraged by U.S. jobs data that hit the sweet spot for many investors-- firm enough to soothe concerns about the health of the U.S. recovery but not so strong as to hasten the end of policy stimulus.
The "Shareholder Spring" continues to weigh on U.K. companies, with CEO bonuses falling for a third consecutive year in 2013, according to a PwC report published on Tuesday, as investors keep a watchful eye on corporate excess.
Symantec fired CEO Steve Bennett as the company struggles to revive growth amid eroding PC sales.
Darden, the nation's largest full-service restaurant company, also owns Olive Garden and LongHorn Steakhouse.
Cerberus struck a $9 billion-plus deal to buy grocery giant Safeway—a tie-up that should be a win for the consumer.
The huge price tag for Facebook's acquisition of messaging service WhatsApp is hard to justify, but there is clearly value in the app's 450 million users, Blackstone told CNBC.
Dealmaking has kicked off again, with the level of mergers and acquisitions activity in 2014 almost at the pre-financial crisis levels of 2007.
Radio frequency chipmakers RF Micro Devices will buy peer TriQuint Semiconductor for about $1.6 billion in an all-stock deal to create a company that could better compete in selling chips to mobile-handset makers.
BlackBerry shares rose after investor Daniel Loeb's Third Point hedge fund disclosed it had bought 10 million shares in the smart phone maker.
Global miner Rio Tinto reported a 45 percent jump in second-half profit on Thursday, beating market forecasts.
Comcast Chairman and CEO Brian Roberts said he's confident the deal to acquire Time Warner Cable will be approved.
The CEO of French advertising agency Publicis has described the expected tie-up between Comcast and Time Warner Cable, as the "sensible" thing to do.