Singtel agreed to buy U.S.-based cyber-security firm Trustwave for $810 million, in a deal that will expand its cloud-based services.» Read More
*BMW and China dealers reach settlement over subsidies. SHANGHAI/ FRANKFURT, Jan 5- BMW will pay 5.1 billion yuan to auto dealers who pressured Europe's top luxury carmaker to share the cost of overstocked showrooms in the world's largest car market, BMW's main Chinese dealership group said on Monday. BMW started subsidizing its dealers in 2012 due to falling...
The M&A frenzy this year will mean bonus checks for Wall Street's biggest rainmakers. But the happiest bankers may work at small firms.
NEW YORK, Nov 7- With the U.S. third-quarter. While most Standard& Poor's 500 companies beat analysts' expectations for third-quarter earnings, many just barely topped estimates, said Pankaj Patel, head of quantitative research at Evercore ISI in New York. Of the S&P 500 companies that had reported results as of early this week, 66 percent exceeded expectations,...
Oct 30- Western Union Co, the world's largest money-transfer company, reported a better-than-expected quarterly profit as the company benefited from its digital money transfer services. Western Union has cut prices and invested heavily in its online and mobile businesses to better compete with fast-growing rivals such as MoneyGram International Inc,...
Oct 21- Omnicom Group Inc said it was on track to exceed its full-year organic revenue growth target, thanks to increased advertising by U.S. businesses. Omnicom, whose $35 billion merger with France's Publicis Groupe SA was called off in May, forecast full-year organic revenue growth of around 4 percent in February. Omnicom's clients include Apple Inc,...
Oct 21- Omnicom Group Inc, the No. 1 U.S. advertising company, reported quarterly revenue and profit above analysts' expectations, boosted by higher ad spending in the United States. Omnicom, whose merger with France's Publicis Groupe SA was aborted in May, said revenue rose 7.4 percent to $3.75 billion in the third quarter while ad revenue rose 12.5 percent.
Ray Dalio, founder of the world's biggest hedge fund Bridgewater Associates, says the Fed should wait for inflation signs before hiking interest rates.
Rupert Murdoch's Twenty-First Century Fox is expected to make an aggressive case for merging with Time Warner during its quarterly earnings call.
Some of the names on the move ahead of the open.
Evercore Partners said it plans to acquire the operating business of ISI International Strategy & Investment.
Two of Wall Street's most influential dealmakers have a message for Washington: Make U.S. corporate taxes more competitive in the global economy before its too late.
In our Talking Squawk blog, Joe appears on "The Daily Show" in a clip of his Rick Perry interview; Becky loses her breath on TV; and Andrew talks cocktails.
Merck is considering selling a big portfolio of mature drugs that could fetch more than $15 billion, according to people familiar with the matter.
Ian Read, CEO of Pfizer, flew into London for a round of meetings with politicians and investors ahead of an expected fresh bid for AstraZeneca.
Wireless Internet access in the sky is taking off, promising better connections for travelers and a bonanza for companies that sell the systems.
A former senior managing director at Evercore charged on Friday with securities fraud and other violations, according to a court filing.
U.S. technology companies may face new challenges selling their goods and services in China as fallout from the U.S. spying scandal takes a toll.
Which bands are the all-time best? Winklevosses, what's up with bitcoin? Is a tech wreck brewing? Answers to these questions and more in "Talking Squawk."
The "Fast Money" traders share their final trades of the day.
"Talking Squawk" looks at what the smartest investors, including Stanley Druckenmiller, Warren Buffett and David Tepper, think about the nontaper.