On Thursday, American Airlines and Southwest Airlines reported record profits for the first quarter, usually the weakest time of year for the airlines. Still stuck on the tarmac: United Airlines. The No. 2 airline company behind American, United Continental Holdings Inc. is struggling to make the 2010 merger of United and Continental work.» Read More
April 23- The disagreements around the spin-out of certain assets that had snagged merger talks between Barrick Gold Corp and its rival, Newmont Mining Corp, have been resolved but talks are at a standstill for now, said three sources familiar with the matter on Wednesday.
Applications for US unemployment aid jumped last week to 329 K, likely due to Easter layoffs General Motors 1 Q profit falls to lowest level since 2009 as recall costs weigh on income Verizon 1st- qtr profit jumps, helped by acquisition of Vodafone's stake in Verizon Wireless United Airlines can't bring in enough revenue to cover its costs; still struggling with merger During traditionally slow winter months, Southwest posts a record $152 million 1 Q profit Caterpillar's 1st quarter profit climbs 5 percent, 2014 forecast also rises Global stocks mostly higher, Tokyo shares down after trade deal not struck during Obama visit FCC to propose pay-for-priority Internet access rules that protect competition, free speech JetBlue's first-quarter profit tumbles after storms force the cancellation of 4,100 flights Feds propose e-cigarette regulations, including banning sales to minors, new product approval
Drugmakers eager to satisfy shareholders are wheeling, dealing, and in one case even making trades like a pro sports team looking to shake up its roster.
Comcast may divest about 4 million subscribers after its merger with Time Warner Cable and may sell a portion to Charter Communications.
April 22- Comcast may divest about 4 million subscribers after its merger with Time Warner Cable and is working to reach an accord to sell a portion of those customers to Charter Communications, a source familiar with the matter said Tuesday.
CNBC's Patti Domm discusses the amount of merger activity happening this week with a big three-way deal in the drug industry, and the $46 billion bid by Valeant and activist Bill Ackman for Allergan.
Walgreen's pending acquisition of Alliance Boots can mean lower taxes and a better company, according to activist investor Barry Rosenstein.
"Shark Tank" investor Kevin O'Leary discusses recent mergers between pharmaceutical companies.
*U.S. revenue rises 4 pct at Omnicom, 5 pct at Interpublic. *Omnicom 1st- qtr revenue $3.50 bln vs est $3.48 bln. April 22- Omnicom Group Inc, the No. 1 U.S. advertising company, said it was unable to predict when its $35.1 billion merger with France's Publicis Groupe SA would close as the deal was yet to win some key approvals.
Valeant Pharmaceuticals and Bill Ackman are proposing a cash-and-stock deal for Allergan that could be worth about $45 billion.
Netflix announced it intends to raise its membership price for new subscribers, and Netflix CEO Reed Hastings remarked on the proposed Comcast and Time Warner Cable deal during the webcast, with the "Squawk Box" crew.
Pharmaceutical industry observers have been waiting for a rush of deals for months - and they might have finally arrived.
CNBC's Catherine Boyle discusses reports that U.S. drugmaker Pfizer held informal talks with pharmaceutical firm AstraZeneca about a takeover bid.
The U.S.-listed healthcare firm signed a sweetened merger agreement after the consortium raised its offer to $24 per share from its original $19.50 per share, Chindex said in a statement late on Monday. The rival group declined to bid further, Chindex said.
April 21- Video streaming service Netflix on Monday became the most visible company with a business relationship with Comcast to oppose the No. 1 cable operator's $45.3 billion merger with Time Warner Cable.
NEW YORK, April 21- Netflix Inc, the video streaming service, on Monday criticized AT&T's high-speed fiber network as inadequate and slow, while renewing its call for AT&T to interconnect directly with Netflix.
SANTIAGO, April 21- A significant majority of shareholders in Chilean shipper Compania SudAmericana de Vapores lent their support to the firm's merger with Germany's Hapag-Lloyd, allowing the agreed deal to clear a hurdle.
NEW YORK— Valeant Pharmaceuticals has teamed up with activist investor Bill Ackman to make a bid for Botox maker Allergan that could be worth about $40 billion. Valeant said Monday that it intends to propose a merger with Allergan using a combination of Valeant stock and cash.
April 21- A merger between Valeant Pharmaceuticals International Inc and Allergan Inc would create an "unrivaled platform for growth and value creation" in the healthcare sector, a spokesperson for Valeant said on Monday.
TORONTO, April 21- Talks between Barrick Gold Corp and Newmont Mining Corp about a potential merger have hit a snag, but sources close to the situation say the companies remain keen to reach a deal and discussions are likely to resume.