Microsoft said it freed 4.7 million infected personal computers from control of cyber crooks in its most successful digital crime-busting operation.» Read More
NEW YORK— Real estate website operator Zillow is buying competitor Trulia in a $3.5 billion all-stock deal. Trulia's stock rose more than 16 percent in Monday premarket trading, while Zillow's stock fell more than 3 percent.
July 28- Shares of AcelRx Pharmaceuticals Inc plunged nearly 28 percent in premarket trading, after the U.S. Food and Drug Administration rejected its pain drug device, Zalviso, late on Friday. AcelRx said it would resubmit its marketing application for Zalviso by the end of the year, pending further discussions with the FDA.
NEW YORK— Virgin America's next destination is Wall Street. Virgin America Inc., which operates out of Los Angeles and San Francisco, flies to 22 airports in the United States and Mexico and has a fleet of 53 planes.
July 28- Canadian power company TransAlta Corp said it would build a A $570 million gas power station in South Hedland, Western Australia. The 150- megawatt power station will supply to customers of state-owned Horizon Power in the Pilbara region and to Fortescue Metals Group Ltd's port operations, TransAlta said on Monday.
LONDON, July 28- "The world of energy may have changed forever," according to Professor James Hamilton of the University of California. "Hundred dollar oil is here to stay." Hamilton, who is one of the most respected economists writing about oil, made his bold prediction in a paper on "The Changing Face of World Oil Markets", published on July 20.
Branson, whose investment in the airline is restricted by U.S. foreign investment rules, owns a 22 percent stake in Virgin America through the Virgin Group and a hedge fund.
BUENOS AIRES, July 28- Argentina will send a negotiation team to New York on Monday for further talks with a U.S. court-appointed mediator in a debt dispute with "holdout" investors, cabinet chief Jorge Capitanich said, with just three days to go to avert a default.
July 28- Tyson Foods Inc, the biggest U.S. meat processor, said it would sell its Mexican and Brazilian poultry businesses to JBS SA, the world's No. 1 meat producer, for $575 million. The company said it would use proceeds from the sale to pay down debt associated with its $7.7 billion acquisition of Hillshire Brands Co, which is expected to close in the current quarter.
ARGENTINA'S CABINET CHIEF SAYS OFFICIALS WILL TRAVEL ON MONDAY TO NEW YORK FOR DEBT TALKS.
SPRINGDALE, Ark.— Tyson Foods Inc. on Monday reported net income that rose by 4.4 percent in its fiscal third quarter, and fell short of analysts' expectations. The Springdale, Arkansas- based company said earnings increased to $260 million, or 73 cents per share, from $249 million, or 68 cents per share, in the same quarter a year earlier.
WASHINGTON, July 28- The U.S. federal agency regulating derivatives has fought just three trials since 2011, all against small-time fraudsters in Florida.
But Romania ranks as the European Union's second-poorest state and among the weakest in collecting taxes and fighting fraud, making it poorly equipped to manage the bitcoin.
SPRINGDALE, Ark.— Tyson Foods plans to sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt from its recently announced acquisition of Hillshire Brands. Tyson Foods Inc. said it expects the sale of its Mexico and Brazil operations to JBS SA will be completed by the end of the year.
July 28- Tyson Foods Inc, the biggest U.S. meat processor, said it would sell its Mexican and Brazilian poultry businesses to Pilgrims Pride Corp parent JBS SA for $575 million. Tyson, which also reported a 10.9 percent rise in quarterly sales, said it would use the sale proceeds to pay down debt associated with its $7.7 billion acquisition of Hillshire Brands Co..
NEW YORK— Dollar Tree is buying rival discount store Family Dollar in a cash-and-stock deal valued at about $8.5 billion. Stockholders of Family Dollar Stores will receive $59.60 in cash and the equivalent of $14.90 in shares of Dollar Tree for each share they own.
*China ops to come under direct control of U.S. headquarters. "This is my company and events like these have a personal toll... they simply don't represent the values I stand for or those of my company," Sheldon Lavin, the millionaire chairman, CEO and owner of Illinois- based OSI Group LLC told a news conference in Shanghai.
CHESAPEAKE, Va.— Dollar Tree to buy Family Dollar in deal worth about $9 B to create dollar-store giant.
SAN FRANCISCO, July 28- Amazon.com Inc will offer 3 D printing services that allow customers to customize and build earrings, bobble head toys and other items from third-party sellers using a new personalization option on its website.
SEOUL, South Korea— Samsung Electronics Co. said Monday it is delaying sales of its first Tizen-powered smartphone in the latest setback to the company's ambition to create a mobile platform to rival Google's Android or Apple's iOS.
The president of OSI Group, David G. McDonald, declined to give details of what the company has found at Shanghai Husi Food Co. A Shanghai TV station reported last week that Husi sold expired beef and chicken to restaurants including McDonald's and KFC.