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Morningstar Inc

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  • Time to Be Picky About Corporate Bonds Wednesday, 5 Dec 2012 | 2:11 PM ET

    Investors looking to buy corporate bonds must temper their expectations for 2013.

  • *Netflix shares up 1 pct. Nov 5- Netflix Inc adopted a poison pill defense against a hostile takeover, days after activist investor Carl Icahn disclosed a stake in the video rental company. The move is aimed at preventing an outsider who lacks Netflix board approval from accumulating a stake of 10 percent or more, the company said in a statement.

  • *Netflix shares up 1 pct. Nov 5- Netflix Inc adopted a poison pill defense against a hostile takeover, days after activist investor Carl Icahn disclosed a stake in the video rental company. The move is aimed at preventing an outsider who lacks Netflix board approval from accumulating a stake of 10 percent or more, the company said in a statement.

  • Nov 1- Chesapeake Energy Corp reported a net loss on Thursday compared with a year-ago profit, as low natural gas prices caused the U.S. oil and gas company to write down the value of some assets.

  • *Warnaco shares rise nearly 39 percent. Oct 31- Clothing maker PVH Corp will unite Calvin Klein underwear, jeans and sportswear lines under one roof in a $2.8 billion deal to buy rival Warnaco Group Inc, the latest move in the consolidation of the apparel manufacturing industry.

  • *Company hopes to cut costs by $400 million/ yr within 3 years. Nov 1- Avon Products Inc slashed its dividend by nearly 74 percent on Thursday and announced measures to cut hundreds of millions of dollars in costs in the next few years as its new chief executive officer continues to work on a turnaround.

  • UPDATE 6-PVH unites Calvin Klein lines in $2.8 bln deal Wednesday, 31 Oct 2012 | 9:13 PM ET

    *Warnaco shares rise nearly 39 percent. Oct 31- Clothing maker PVH Corp will unite Calvin Klein underwear, jeans and sportswear lines under one roof in a $2.8 billion deal to buy rival Warnaco Group Inc, the latest move in the consolidation of the apparel manufacturing industry.

  • UPDATE 5-PVH unites Calvin Klein lines in $2.8 bln deal Wednesday, 31 Oct 2012 | 7:02 PM ET

    Oct 31- Clothing maker PVH Corp will unite Calvin Klein underwear, jeans and sportswear lines under one roof in a $2.8 billion deal to buy rival Warnaco Group Inc that will boost profits immediately. PVH bought Calvin Klein in 2003 and makes formal and sportswear under that brand.

  • PREVIEW-At Chesapeake Energy it's time to show, not tell Wednesday, 31 Oct 2012 | 4:45 PM ET

    *Earnings report due Nov. 1. HOUSTON, Oct 31- Chesapeake Energy Corp is under the gun to show evidence that it is changing its free-spending ways when it reports third-quarter earnings November 1. The company's largest investors, Carl Icahn and Mason Hawkins, were so unhappy with the company's bloated balance sheet that they seized control of the board in June.

  • UPDATE 4-PVH to buy Warnaco for Calvin Klein control Wednesday, 31 Oct 2012 | 3:16 PM ET

    *Expects deal to add $1 a share to earnings in third year. Oct 31- PVH Corp will buy rival Warnaco Group Inc for about $2.8 billion in a deal that will give the company more control of the Calvin Klein clothing brand and boost profits immediately, sending PVH shares up as much as 23 percent.

  • UPDATE 3-PVH to buy Warnaco for Calvin Klein control Wednesday, 31 Oct 2012 | 1:26 PM ET

    *Offer of $68.43 a share represents a premium of 34 percent. Oct 31- PVH Corp will buy rival Warnaco Group Inc for about $2.8 billion in a cash-and-stock deal that will give the company control of the Calvin Klein clothing brand.

  • LOS ANGELES, Oct 30- Walt Disney Co agreed to buy filmmaker George Lucas's Lucasfilm Ltd and its ``Star Wars'' franchise for $4.05 billion in cash and stock, a b lockbuster deal that includes the surprise promise of a new film in the series in 2015..

  • LOS ANGELES, Oct 30- Walt Disney Co has agreed to buy filmmaker George Lucas's Lucasfilm Ltd and the ``Star Wars'' franchise for $4.05 billion in cash and stock, a b lockbuster deal that includes the surprise promise of a new film in the series in 2015..

  • Insurers nervous over prospect of Romney victory Sunday, 28 Oct 2012 | 7:57 AM ET

    WASHINGTON-- You'd think health insurance CEOs would be chilling the bubbly with Republican Mitt Romney's improved election prospects, but instead they're in a quandary.

  • Shares of Dean Foods Co spin-off closed at $16.75 after pricing at $17 on Thursday evening. Reuters reported late on Thursday that Mexico's Grupo Lala, Michael Foods and Apollo were eyeing the Morningstar business, which could be valued between $1 billion and $1.5 billion.

  • Shares of the Dallas, Texas- based Dean Foods Co spin-off changed hands at $16.87, after pricing at $17 on Thursday evening. Reuters reported late on Thursday that Mexico's Grupo Lala, Michael Foods and Apollo were eyeing the Morningstar business, which could be valued between $1 billion and $1.5 billion.

  • Oct 26- Merck& Co Inc posted a higher-than-expected quarterly profit as one-time tax gains helped offset plunging sales of its former flagship product, Singulair, an asthma drug that began facing cheaper generics in August.

  • UPDATE 3-Aon to target small acquisitions next year Friday, 26 Oct 2012 | 4:11 PM ET

    *Adjusted EPS $0.95 vs est $0.89. *To target $300- $400 mln annually on acquisitions. Oct 26- Aon Plc's quarterly profit beat analysts' estimates as investments aimed at increasing margins at its human resources services unit helped boost profit, and the company said it planned a series of small acquisitions.

  • UPDATE 1-Shares of WhiteWave open at $19 Friday, 26 Oct 2012 | 2:22 PM ET

    Oct 26- WhiteWave Foods Co shares rose almost 12 percent in their New York Stock Exchange debut on Friday, as investors bet on the growth of the organic foods sector. Shares of the Dallas, Texas- based Dean Foods Co spinoff opened at $19, up 11.8 percent, after pricing at $17, above the expected range.

  • NEW YORK, Oct 26- U.S. stock index futures fell on Friday after technology giants Apple and Amazon.com reported lackluster earnings and outlooks, and ahead of economic growth data.