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  • BSkyB to unveil "Sky Europe" deal on Friday Thursday, 24 Jul 2014 | 12:30 PM ET

    *BSkyB to buy Sky Italia and 57 pct of Sky Deutschland. LONDON, July 24- Britain's pay-TV group BSkyB will on Friday unveil its multi-billion euro deal to buy Rupert Murdoch's assets in Italy and Germany, sealing a plan to create a pan-European giant with almost 20 million customers.

  • Energy Future seeks longer bankruptcy as it scraps plan Thursday, 24 Jul 2014 | 12:08 PM ET

    July 24- Energy Future Holdings, the largest power company in Texas, asked a judge to extend the period in which it controls its Chapter 11 bankruptcy and said it is scrapping its original debt-cutting plan in favor of an auction of its Oncor unit.

  • July 24- Hikma Pharmaceuticals Plc. *Agreed with Ben Venue Laboratories, Inc., part of Boehringer Ingelheim Group of companies, to acquire their generic injectables manufacturing site in Bedford, Ohio. *No incremental consideration is payable in relation to Hikma acquiring Ben Venue manufacturing site.

  • NEW YORK, July 23- A hedge fund with over $400 million in Puerto Rico bonds has joined a legal challenge against a law that allows the U.S. New York- based BlueMountain Capital Management filed a lawsuit in the district court of Puerto Rico on Tuesday, claiming that the new law, known as the Recovery Act, runs counter to both the Puerto Rican and U.S. constitutions.

  • Seifi Ghasemi, who successfully executed a number of deals as CEO of Rockwood Holdings Inc, was appointed to the top position at Air Products last month and analysts expect him to divest some of the company's businesses.

  • NEW YORK, July 23- A hedge fund with over $400 million in Puerto Rico bonds has joined a legal challenge against a law that allows the U.S. New York- based BlueMountain Capital Management filed a lawsuit in the district court of Puerto Rico on Tuesday, claiming that the new law, known as the Recovery Act, runs counter to both the Puerto Rican and U.S. constitutions.

  • US hedge fund files suit against Puerto Rico gov Wednesday, 23 Jul 2014 | 9:34 AM ET

    SAN JUAN, Puerto Rico— The government of Puerto Rico is now facing a second lawsuit in response to a new law that would allow certain public corporations in the U.S. territory to restructure their debt if needed. The Electric Power Authority holds some $9 billion in debt.

  • July 23- Momentum is building toward a deal that would make painful losses inevitable for investors holding about $20 billion in bonds issued by Puerto Rico's highway, water and electricity authorities even as some big U.S. mutual funds launch a legal battle to squelch a new law that authorizes a restructuring.

  • GateHouse Media parent to buy Providence Journal Tuesday, 22 Jul 2014 | 7:01 PM ET

    PROVIDENCE, R.I.— The parent company of Gatehouse Media LLC on Tuesday announced an agreement to buy The Providence Journal and related print and digital assets from A.H. Belo Corp. for $46 million cash.

  • SAN FRANCISCO, July 22- Broadcom Corp said on Tuesday it is winding down its money-losing cellular baseband chip business and cutting one-fifth of its total workforce, instead of selling the unit.

  • NEW YORK, July 22- A U.S. judge overseeing Argentina's debt restructuring case on Tuesday ordered negotiators for the country and holdout investors to meet with a court-appointed mediator until a settlement is reached, as time runs short before a potential default. Argentina has been pushed to the brink of a fresh debt default by U.S. court decisions.

  • Documents filed in U.S. Bankruptcy Court show the city's current and retired police and fire employees, along with other active and retired city workers, will accept benefit cuts to help Detroit shed some of its $18 billion of debt in the largest-ever U.S. municipal bankruptcy case.

  • Crocs rises on solid performance in 2nd quarter Tuesday, 22 Jul 2014 | 11:03 AM ET

    Crocs Inc. also detailed a restructuring plan that includes cutting 183 jobs, closing or converting about 75 to 100 stores globally and streamlining its product portfolio. The Niwot, Colorado, company anticipates the job cuts will result in $4 million in cost savings this year and $10 million in savings in 2015..

  • Puerto Rico seeks dismissal of US funds' lawsuit Tuesday, 22 Jul 2014 | 10:40 AM ET

    SAN JUAN, Puerto Rico— Puerto Rico's justice secretary has asked a judge to dismiss a lawsuit filed by two U.S. investment funds seeking to undo a new law that would allow some of the island's public corporations to restructure their debt. Cesar Miranda says the law does not interfere with federal bankruptcy laws, as the suit claims.

  • KUALA LUMPUR, July 22- A plan to restructure Malaysian Airlines could be announced as early as the end of August, two sources with knowledge of the matter said, after one of its planes crashed in Ukraine in the second disaster to hit the carrier this year.

  • AP Top Extended Financial Headlines At 3:36 a.m. EDT Tuesday, 22 Jul 2014 | 3:36 AM ET

    Asian shares shrug off gloom over Ukraine while China property measures boost HK shares Netflix's 2nd- quarter earnings more than double as video service hits 50 million subscribers Hit by US tax case, Credit Suisse posts $779 million loss in second quarter China launches national probe of supplier accused of selling expired meat to McDonald's, KFC US stocks are falling to start the week as big companies post mixed quarterly results A Star Wars Car, a Doomsday doll highlight some of Mattel's creations for Comic-Con Chipotle's sales surge as higher prices fail to deter customers Judge says FDA can't use advisory panel's 2011 report on menthol cigarettes, citing conflicts Florida smoker's widow: $23 B damages is a message to Big Tobacco, even if verdict won't stand Allergan to cut 13 pct of global workforce, eliminate vacancies as part of restructuring

  • AP Top Financial News At 3:36 a.m. EDT Tuesday, 22 Jul 2014 | 3:36 AM ET

    Asia shares rise as Ukraine plane tensions ease Netflix tops 50 M subscribers as 2 Q earnings soar Credit Suisse has $779 M loss in 2 Q due US tax case China orders nationwide probe of meat supplier US stock slip to start the week; Six Flags sinks Star Wars Car, a Doomsday doll: Toys of Comic-Con Chipotle's sales surge despite price hikes Judge: FDA can't use tobacco panel menthol report Widow: Jury sent tobacco company a $23 B message Allergan to cut 1,500 employees in restructuring

  • AP Top Extended Financial Headlines At 2:41 a.m. EDT Tuesday, 22 Jul 2014 | 2:41 AM ET

    Asian shares shrug off gloom over Ukraine while China property measures boost HK shares Netflix's 2nd- quarter earnings more than double as video service hits 50 million subscribers China launches national probe of supplier accused of selling expired meat to McDonald's, KFC US stocks are falling to start the week as big companies post mixed quarterly results A Star Wars Car, a Doomsday doll highlight some of Mattel's creations for Comic-Con Chipotle's sales surge as higher prices fail to deter customers Judge says FDA can't use advisory panel's 2011 report on menthol cigarettes, citing conflicts Florida smoker's widow: $23 B damages is a message to Big Tobacco, even if verdict won't stand Allergan to cut 13 pct of global workforce, eliminate vacancies as part of restructuring US airlines slowly adding jobs; employment up for 6th straight month despite United cuts

  • AP Top Extended Financial Headlines At 12:32 a.m. EDT Tuesday, 22 Jul 2014 | 12:32 AM ET

    Asian shares shrug off gloom over Ukraine while China property measures boost HK shares Netflix's 2nd- quarter earnings more than double as video service hits 50 million subscribers China launches national probe of supplier accused of selling expired meat to McDonald's, KFC US stocks are falling to start the week as big companies post mixed quarterly results A Star Wars Car, a Doomsday doll highlight some of Mattel's creations for Comic-Con Chipotle's sales surge as higher prices fail to deter customers Judge says FDA can't use advisory panel's 2011 report on menthol cigarettes, citing conflicts Florida smoker's widow: $23 B damages is a message to Big Tobacco, even if verdict won't stand Allergan to cut 13 pct of global workforce, eliminate vacancies as part of restructuring US airlines slowly adding jobs; employment up for 6th straight month despite United cuts

  • US nuclear regulator looks to reposition staff Monday, 21 Jul 2014 | 3:46 PM ET

    ATLANTA— U.S. nuclear regulators may need to shuffle staff as fewer nuclear plants are built and financial pressures prompt utilities to shutter existing plants, U.S. Nuclear Regulatory Commission Chair Allison Macfarlane said Monday. Three nuclear plants are under construction in Georgia, South Carolina and Tennessee.