March 14- Ronald Perelman's buyout of a company he controlled was not subject to heightened court review because the billionaire acted as if he were an outside buyer, according to a Delaware Supreme Court ruling that could affect future insider deals.» Read More
WASHINGTON, Dec 21- Last summer, White House officials planning a nationwide push to urge young adults to enroll in new health insurance plans had a big problem: Polls showed that many young, healthy people who could be key to the success of the Affordable Care Act knew little about it or its Oct. 1 rollout.
MEXICO CITY, Dec 20- Mexico's telecoms regulator has taken the first steps to weaken Carlos Slim's hold on the phone market, setting out plans to make the billionaire' s fixed-line provider share part of its network.
BOSTON, Dec 20- Hedge fund billionaire William Ackman is facing mounting pressure as his high-stakes bet against nutrition and weight loss company Herbalife enters its second year, but for now, his investors look ready to stick with him.
Dec 20- Oracle Corp, the world's No. 2 business software maker, said it would buy web-based marketing software maker Responsys Inc for about $1.39 billion to bolster its cloud computing offerings.
Dec 19- By some measures, it seems hard to find fault with how Time Warner Cable has been run since it was spun off from its parent company, Time Warner Inc, in 2009..
Dec 19- By some measures, it seems hard to find fault with how Time Warner Cable has been run since it was spun off from its parent company, Time Warner Inc, in 2009.. Malone, whose Liberty Media owns 27 percent- owned Charter Communications, the country's fourth largest cable operator, is expected to make a bid to buy Time Warner Cable in the coming weeks.
*Says too early to comment on alliance with Belarus. MOSCOW, Dec 19- Russia's Uralkali, the world's biggest potash producer, would consider new trading joint ventures to replace a partnership it broke off with Belarus, and does not rule out a revival of the venture with Minsk, it said on Thursday.
HOUSTON, Dec 18- Exxon Mobil Corp stock on Wednesday neared $100 per share, the continuation of a rally fueled by investor expectations that the world's largest publicly traded oil company would return more cash to shareholders in coming months.
AMC, the No.2 U.S. theater chain after Regal Entertainment Group, raised about $332 million after pricing its initial public offering of 18.42 million Class A shares at $18 each, the lower end of its expected range of $18- $20.
Dec 18- Marketing services provider Harland Clarke Holdings Corp said it would buy Valassis Communications Inc, a marketer of coupons and newspaper inserts, for $1.31 billion. Valassis shares jumped to $34.30, above the offer price of $34.04, suggesting investors expect a higher offer. Valassis reported revenue of $2.16 billion last year.
Dec 18- Shares of AMC Entertainment Holding Inc, a theater chain controlled by Chinese billionaire Wang Jianlin, rose 9 percent in their debut, valuing the company at about $1.87 billion.
SAN FRANCISCO, Dec 18- Yuri Milner, the Russian investor known for his bets on high-flying social media companies Facebook Inc and Twitter Inc, is raising his sights beyond the stratosphere. Other new investors joining this round include Industry Ventures, Felicis Ventures, Lux Capital, and Ray Rothrock.
NEW YORK, Dec 17- A federal judge on Tuesday rejected former SAC Capital Advisors LP portfolio manager Mathew Martoma's request to dismiss some insider trading charges because they were based on transactions not covered under U.S. securities laws.
MEXICO CITY, Dec 17- Mexico's telecommunications watchdog has opened a probe into a complaint of excess concentration of power in the telephone and television markets, industries dominated by phone company America Movil and broadcaster Televisa.
NEW YORK, Dec 16- The U.S. Securities and Exchange Commission asked a federal judge to order former Goldman Sachs Group Inc vice president Fabrice Tourre to pay more than $1.1 million for his role in a failed 2007 mortgage deal, according to a court document filed Monday in Manhattan federal court.
SAN FRANCISCO, Dec 16- Yuri Milner, the Russian investor known for his bets on Facebook Inc and Twitter Inc, is pulling out of an arrangement that let him invest automatically in a group of companies participating in a program called Y Combinator.
BSG Resources is battling for the right to develop half of the Simandou deposit in Guinea, one of the world's largest untapped iron ore resources. The government of Guinea, which is running a review of mining contracts allocated by previous administrations, says BSGR bribed officials to win a 2008 licence to develop the promising deposit.
*Stores, websites quickly sold out of Isabel Marant collection. BERLIN, Dec 16- Designer collaborations are helping Hennes& Mauritz rise above a reputation for cheap chic, but the world's second-biggest clothing retailer could do more to entrench that upmarket lift and defend its shrinking margins.
LONDON, Dec 13- Kazakh-owned Alliance Bank needs recapitalisation to restore profitability, a process that must involve all its shareholders and bondholders, its CEO said on Friday, as the bank's dollar debt sank to record lows.
The offer is expected to be less than $135 per Time Warner Cable share and will be a combination of cash and stock, said the source, who asked not to be named because the matter is not public. Shares of Time Warner Cable barely budged Friday afternoon, up 0.3 percent to $131.40.