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  • *Japan Post President: no comment on scale of offering. TOKYO, Dec 26- Government-owned Japan Post Holdings Co Ltd said it plans to list in the second half of the next business year and its bank and insurance units. Japan Post President Taizo Nishimuro declined to comment on the potential scale of the offering, saying that would be determined by market conditions at...

  • TOKYO, Dec 26- Government-owned Japan Post Holdings Co Ltd said it plans to list its shares in the second half of the next business year and its bank and insurance units will also go public at the same time, in what could be the biggest IPO of state enterprises in two decades. Japan Post President Taizo Nishimuro told a news conference on Friday that he was not able to...

  • BEIJING, Dec 26- The Chinese government said on Friday that it will soon settle its antitrust investigation of U.S. mobile chipmaker Qualcomm Inc.. The NDRC also said it had completed its seventh round of discussions with Qualcomm President Derek Aberle and his team earlier this month. Qualcomm will continue to cooperate with the regulator to reach a...

  • BEIJING, Dec 26- The Chinese government said on Friday that it will soon settle its antitrust investigation of U.S. mobile chipmaker Qualcomm Inc.. The National Development and Reform Commission, the country's anti-monopoly regulator that launched its probe of the San Diego- based company 13 months ago, said the case would be settled according to the law,...

  • S&P nears settlement on real-estate bond ratings - WSJ Thursday, 25 Dec 2014 | 10:34 PM ET

    Dec 25- Standard& Poor's Ratings Services is nearing a settlement with regulators over their investigation of how the company graded real-estate bonds, the Wall Street Journal reported, citing people familiar with the matter. The proposed deal, which could be reached as early as next month, is a joint settlement with the Securities and Exchange Commission, New...

  • MF Global ordered to pay $1.2B in restitution: CFTC Wednesday, 24 Dec 2014 | 12:09 PM ET
    MF Global sign is seen in the office building where MF Global Holdings Ltd have offices in Manhattan on November 1, 2011 in New York.

    The NY Fed ordered MF Global to pay $1.21 billion in restitution fees and $100 million penalty, the Commodity Futures Trading Commission.

  • WASHINGTON, Dec 24- The proposed merger of Sysco Corp and US Foods Inc hinges on the top two U.S. food companies helping to turn a far smaller rival into a national player to ease antitrust concerns, but the gap may be too big, analysts said. Sysco and US Foods, the only two companies with national distribution to hospitals, restaurants and schools, have been discussing...

  • FDA clears Novo Nordisk's weight loss drug Saxenda Tuesday, 23 Dec 2014 | 4:29 PM ET

    NEW YORK— The Food and Drug Administration has approved a Novo Nordisk diabetes drug as a treatment for obesity. The FDA approved liraglutide in 2010 as a treatment for type 2 diabetes, and Novo Nordisk sells it under the name Victoza as a treatment for that condition. It cleared Vivus Inc.' s Qsymia and Arena Pharmaceuticals Inc.' s Belviq in 2012 and granted...

  • Family Dollar, the second largest U.S. discount retailer, said it adjourned the meeting as there were not enough votes to adopt the Dollar Tree agreement. Family Dollar agreed to be acquired by Dollar Tree for $8.5 billion in cash and stock after twice rejecting higher all-cash bids from bigger rival Dollar General Corp, citing antitrust concerns.

  • Family Dollar delays vote on Dollar Tree deal Tuesday, 23 Dec 2014 | 10:59 AM ET

    MATTHEWS, N.C.— Family Dollar says it has delayed a shareholder vote on its proposed acquisition by Dollar Tree until Jan. 22. Family Dollar Stores Inc. has been courting multiple buyout offers. The judge determined that Family Dollar's board acted reasonably in not negotiating with Dollar General, because of antitrust risks and uncertainty that regulators...

  • Report advises Iowa to wait on drone regulation Tuesday, 23 Dec 2014 | 9:38 AM ET

    IOWA CITY, Iowa— Iowa should take a wait-and-see approach to regulating unmanned aerial vehicles because of their huge potential for positive uses in business and government, the Iowa Department of Public Safety advises in a new report. Farmers use the pilotless aircraft to check on their crops, and University of Iowa scientists are deploying them in research.

  • Dec 23- A Financial Industry Regulatory Authority arbitration panel ordered Cantor Fitzgerald& Co and BGC Financial LP to jointly pay about $1 million in damages to a former employee for breach of contract. Raymond Walton alleged that Cantor Fitzgerald and BGC Financial failed to pay him agreed-upon amounts. Attorneys for Walton, Cantor Fitzgerald and BGC...

  • Israel challenges natural gas developers over monopoly Tuesday, 23 Dec 2014 | 6:18 AM ET

    JERUSALEM— Israel's antitrust authority said Tuesday it will challenge the ownership structure of the country's natural gas resources, a decision that could rattle an increasingly important industry. A conglomerate of companies including Texas- based Noble Energy and Israel's Delek Group has been developing Israel's offshore natural gas deposits,...

  • BEIJING, Dec 23- Investor Warren Buffett's NetJets Inc has been caught by surprise by headwinds in China amid Beijing's austerity drive and a slowing economy, the business aircraft supplier's chief executive officer said. Less than three months after NetJets won regulatory approval to provide charter services in China, business in and around China is...

  • NEW YORK, Dec 23- In December 2013, Hanmag Securities Corp, a small South Korean brokerage firm, lost 46 billion won in a day after a stock option trading algorithm went bad. It was a fatal blow for a company that had just 15 billion won of capital- Hanmag went bust. During the financial crisis, regulators were reluctant to let wobbly traders such as Bear Stearns go bust,...

  • PG&E discloses more emails with state regulators Monday, 22 Dec 2014 | 6:17 PM ET

    SAN FRANCISCO— California's largest power utility released a dozen more emails Monday that it said showed improper back-channel discussions between the utility and top state regulators. The emails date back to 2010 and feature a Pacific Gas& Electric Co. executive who has since left the company, Brian Cherry, describing private discussions with California...

  • NEW YORK/ SANTIAGO- A former board member of Chile's CFR Pharmaceuticals SA was charged on Monday by U.S. regulators with insider trading on information regarding Abbott Laboratories' $2.9 billion acquisition of CFR earlier this year. Hurtado earned nearly $500,000 in profits, according to the SEC. According to the SEC, Bilbao first learned of Abbott's...

  • WASHINGTON, Dec 22- U.S. Federal Communications Commission on Monday once again paused its review of the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, citing delays in getting documents from Time Warner Cable. The FCC said it learned this month that Time Warner Cable had improperly withheld more than 7,000 documents the regulators had...

  • JERUSALEM, Dec 22- Israel's antitrust authority said Monday it may revoke an arrangement permitting an Israeli and a U.S. company to develop Israel's largest natural gas field by branding them a cartel. The authority summoned representatives of Israel's Delek Group and Texas- based Noble Energy and told them it was "still considering to announce that buying...

  • UPDATE 1-CBOE to pass regulatory duties to FINRA Monday, 22 Dec 2014 | 3:43 PM ET

    CHICAGO, Dec 22- CBOE Holdings Inc, operator of the biggest U.S. stock options market, will cede regulatory duties to the securities industry's largest independent regulator next week, the company said on Monday. CBOE's Chicago Board Options Exchange and C2 Options Exchange hired the Financial Industry Regulatory Authority, or FINRA, to perform "the majority of...