CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. Christmas is this week and retailers are hoping for a big Super Saturday.» Read More
Italy has stepped up a campaign against French buy-outs of Italian companies, drawing up a bill aimed at thwarting unwanted foreign takeovers and opening a tax probe into two deals, the Financial Times reports.
Stocks ended after after an afternoon rally as materials and retail stocks rose, despite ongoing conflicts in the Middle East, and uncertainty about the outcome of the nuclear disaster in Japan. Alcoa rose, while BofA fell.
Since almost all regulation of merger and acquisition activity entrenches management and hurts shareholders, it’s not too surprising that the 172-page consultation document released by the U.K.’s takeover panel recommends a host of measures that will make it harder to oust bad executives through corporate takeovers.
Stocks climbed in mid-afternoon trading Wednesday as materials and retail stocks rose, despite ongoing conflicts in the Middle East, and uncertainty about the outcome of the nuclear disaster in Japan. Alcoa rose, while Bank of America fell.
A source close to Nasdaq tells CNBC that discussions with the ICE about a competitive bid for the NYSE ongoing, and that the U.S. exchange operator sees a potential deal as an "opportunity" rather than a necessity.
Stocks extended losses Wednesday amid a plunge in new home sales, news of a bus explosion in Jerusalem, and as the crisis at the tsunami-hit nuclear power plant north of Tokyo continued. BofA skidded, while Alcoa gained.
Stock index futures slumped ahead of the open Wednesday after Tokyo stocks once again tumbled and the crisis at the tsunami-hit nuclear power plant north of Tokyo appeared far from over.
Dan Hesse, CEO of Sprint Nextel, explains why he thinks the proposed merger is concerning.
The mega-deal is back, but it turns out you don't have to be a mega-bank to play. Boutique banks have infiltrated the ranks, grabbing assignments on four of the five biggest deals announced this year.
Stocks ended down, after trading in a narrow range throughout much of the session Tuesday, as investors took a breather from a three-day rally amid rising oil prices and ongoing turmoil in Libya and the Middle East. Bank of America and GE fell, while Verizon rose.
Stocks traded slightly lower, and in a narrow range throughout much of the session Tuesday, as investors took a breather from a three-day rally as oil prices rose amid ongoing turmoil in Libya and the Middle East. GE and Bank of America fell, while Verizon gained.
Just two days after JP Morgan lent AT&T $20 billion to help cement its plan to purchase Deutsche Telekom’s T-Mobile unit, JP Morgan is already scheduling meetings with other banks to discuss syndicating the loan, say people familiar with the matter.
Which companies are vulnerable to hostile takeover bids? There’s no way to know, for sure. But some companies stick out more than others. Using a screen created on AnalytixInsight’s database, I came up with three interesting possibilities.
Stocks turned lower as oil prices gained amid continuing unrest in the Middle East and North Africa. Verizon and Boeing rose, w hile Bank of America fell.
Stock index futures were slightly higher ahead of the open Tuesday as investors kept a wary eye on events still developing in Japan and Libya.
Deutsche Telekom’s announcement over the weekend to sell its American wireless unit, T-Mobile USA, to AT&T for $39 billion ended a decade-long foray into the American market that was undermined, in part, by one big event: the advent of the iPhone. The NYT reports.
Barclays is among a group of investors weighing a rival bid for a portfolio of mortgage-backed securities that has already drawn a $15.7 billion offer from AIG, people familiar with the matter said.
Here's what you should be watching Tuesday, March 22.
The bears are bound to soon knock stocks down, Cramer said. How to position yourself now.
Stocks finished up 1.5 percent or higher, sending the Dow back above 12,000, lifted by AT&T's $39 billion planned purchase of Deutsche Telecom's T-Mobile USA and investors who found buying opportunities in stocks they viewed as oversold. Boeing and Alcoa led Dow gainers, while Pfizer fell.
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