• Aug 14- A hostile takeover bid by billionaire investor William Ackman and Valeant Pharmaceuticals International Inc to acquire Allergan Inc is being investigated by federal regulators for possible violations of securities laws, the Wall Street Journal reported, citing people familiar with the matter.

  • Daniel Loeb's Third Point added 1 million shares of Dollar General, raising his stake by 33 percent, while Blue Ridge Capital, founded by Tiger Cub John Griffin, nearly doubled its stake in Walgreen when it bought 2.8 million shares.

  • NEW YORK, Aug 14- A federal judge rejected billionaire investor Steven A. Cohen's bid to dismiss lawsuits by Elan Corp and Wyeth shareholders who claimed they lost money because his firm SAC Capital Advisors LP conducted insider trading in the drugmakers' stocks.

  • NEW YORK, Aug 14- A federal judge narrowed but refused to dismiss lawsuits by former Elan Corp and Wyeth shareholders seeking to recoup losses from billionaire investor Steven A. Cohen and his firm SAC Capital Advisors LP over insider trading in the drugmakers' stocks.

  • NEW YORK, Aug 13- A billionaire hedge fund manager who has sued to stop Canadian fashion designer Peter Nygård from expanding his Bahamas estate has asked a U.S. court to help him obtain crucial evidence from a whistleblower to help with the litigation.

  • NEW YORK, Aug 13- A billionaire hedge fund manager who has sued to stop Canadian fashion designer Peter Nygård from expanding his Bahamas estate has asked a U.S. court to help him obtain crucial evidence from a whistleblower to help with the litigation.

  • NEW DELHI/ LONDON, Aug 13- Italy's claims that a sale of parts of insolvent Italian steelmaker Lucchini to India's JSW Steel will be concluded within days are premature, a top JSW executive said on Wednesday.

  • BUSINESS-NEWS-SCHEDULE AT 0830 GMT / 4.30 AM ET Wednesday, 13 Aug 2014 | 4:52 AM ET

    FRANKFURT- Germany's biggest utility E.ON posts a 12 percent drop in first-half core profit, hit by a weakening economy in Russia and says it is concerned about the impact of the Ukraine crisis on its most important foreign market.

  • LOS ANGELES, Aug 12- Steve Ballmer, the former head of Microsoft, completed a $2 billion purchase of the Los Angeles Clippers basketball team on Tuesday, ending an ugly saga involving former owner Donald Sterling who was banned for life over racist remarks.

  • KiOR warns of bankruptcy Tuesday, 12 Aug 2014 | 2:10 PM ET

    JACKSON, Miss.— Struggling biofuel firm KiOR says in a financial filing that it will run out of money by September and that bankruptcy could follow. The Mississippi Development Authority has agreed to delay payments until the end of October to give KiOR time to raise new money or sell the company.

  • NEW YORK, Aug 12- Argentina's holdout creditors and international banks are struggling to strike a deal on the. Citi, Deutsche Bank, HSBC and JP Morgan last week offered the holdouts 40 cents on the dollar for the roughly US $1.66 bn bonds, including interest, they own, and raised that offer to 50 cents on Monday, the sources said.

  • *Recent successes include Spain's Gowex. LONDON, Aug 12- Fund managers are increasingly turning to investigative tactics, detailed accounting analysis and corporate sleuthing in a bid to uncover skeletons in company closets that can offer an investment edge in a low-yield world.

  • Aug 11- Mobile service provider NII Holdings Inc, reporting its ninth quarterly loss in a row, said on Monday it may have to file for bankruptcy after struggling to compete in Brazil and Mexico. The company, which operates in Latin America under the Nextel brand, ended the second quarter with a net debt of $4.8 billion and with $1 billion in cash and investments.

  • Tesco exec joins Kmart as president Monday, 11 Aug 2014 | 4:10 PM ET

    NEW YORK— Sears Holdings Corp. said Monday that Alasdair James has joined the company as president and chief member officer for its Kmart business, a new position. "Alasdair will work closely with me and our business unit leaders to understand the preferences of Shop Your Way members who shop at Kmart," said Lampert, who is CEO and chairman of Sears Holdings.

  • JOHANNESBURG, Aug 11- Protesters chanting "Blood on his hands" briefly halted South African Deputy President Cyril Ramaphosa's evidence on Monday at an inquiry into the police shooting of 34 striking mine workers two years ago.

  • JOHANNESBURG, Aug 11- South Africa's Deputy President Cyril Ramaphosa was trying to "prevent further loss of life" when he intervened in a wildcat strike that ended with the police killing 34 miners, he told an inquiry on Monday.

  • Koch brothers reach out to Hispanics Monday, 11 Aug 2014 | 12:08 AM ET

    Its organizers pitch conservative ideals while offering tutorials on U.S. immigration law, support for overhauling the broken immigration system that stops short of campaigning for the Senate's bipartisan bill and collecting donations for the unaccompanied children crossing the United States- Mexico border illegally.

  • US judge threatens to find Argentina in contempt Friday, 8 Aug 2014 | 4:20 PM ET

    NEW YORK— A U.S. judge threatened to hold Argentina in contempt of court Friday for continuing to make "false and misleading" statements about its financial crisis, though he quickly added he most desires a peaceful negotiated end to a long-running debt dispute.

  • VANCOUVER, Aug 8- A massive waste spill at a gold and copper mine in British Columbia could delay, or even derail, other energy and mining projects planned in the famously "green" West Coast Canadian province.

  • TOKYO, Aug 8- SoftBank Corp's billionaire CEO said he chose a "streetfighter" to turn around U.S. carrier Sprint Corp, which faces an uphill battle for growth after abandoning plans to acquire rival T-Mobile US Inc.