DOVER, Del.— A Delaware judge says stockholders of Family Dollar Stores Inc. can vote on proposed $8.5 billion acquisition by Chesapeake, Virginia- based Dollar Tree Inc.. But some Family Dollar shareholders want the vote postponed until the board reviews a deal with Dollar General Corp., which has also bid for Matthews, North Carolina- based Family Dollar.» Read More
*Weak factory data in China, Europe stoke oil demand fears. LONDON, Sept 2- Brent crude fell below $102 a barrel on Tuesday, pressured by worries about slowing oil demand growth in China and Europe, a strong U.S. dollar and ample supplies.
Sept 2- Dollar General Corp raised its bid for Family Dollar Stores Inc to $80 per share, or $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected.
*Europe's impatience not shared in Asia, United States. LONDON, Sept 2- Reviving Europe's repackaged debt market to fund economic recovery will take years and hinge on a re-invention of the sector rather than quick regulatory tweaks, bankers and regulators say.
*Compuware climbs in premarket; near deal to sell itself. *Exelixis tumbles after cancer drug fails study; to cut jobs. *Dollar General ups Family Dollar bid.
*Dollar touches 105 yen for first time since January. LONDON, Sept 2- The euro slumped to a fresh one-year low against a broadly strong dollar on Tuesday on persistent speculation that the European Central Bank will introduce more aggressive monetary easing.
LONDON/ PARIS, Sept 2- Traders are buying up' call' options betting on a gradual move higher in European stock markets, as expectations grow of new stimulus measures from the European Central Bank.
LONDON, Sept 2- Gold fell to its lowest in 2-1/ 2 months on Tuesday, breaking through key support at its August lows as stock markets rose and the dollar hit a one-year high against the euro ahead of a European Central Bank meeting this week.
ISLAMABAD, Sept 2- Anti-government protests that have gripped Islamabad since mid-August could throw off course economic reforms Pakistan promised to deliver in return for an IMF bailout, senior officials said, raising the risk of a sovereign rating downgrade.
Sept 2- Dollar General Corp raised its bid for Family Dollar Stores Inc by 2 percent to $80 per share, or $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected.
WASHINGTON/ SEOUL, Sept 1- Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas.
The International Copper Study Group's most recent monthly update assessed the global refined copper market as being in a 450,000- tonne deficit in the first five months of the year, or a 308,000- tonne deficit once movements in Shanghai bonded stocks are factored into the equation.
LONDON, Sept 2- Zinc rose to a four-week high and aluminium neared an 18- month peak on Tuesday in markets driven by momentum-based speculators and computer-driven funds. Three-month zinc on the London Metal Exchange gained 1 percent to $2,380.50 a tonne by 1022 GMT, a high since Aug. 5.
LONDON, Sept 2- European shares rose on Tuesday, with French industrial group Legrand outperforming in response to a broker upgrade. But European stock markets remained within a tight range as investors await the European Central Bank's policy decision later this week.
Sept 2- Dollar General Corp, the No.1 U.S. deep discount retailer, said it raised its bid for Family Dollar Stores Inc to $80 per share, or $9.1 billion, from $78.50 per share. Dollar General said last week it remained committed to acquiring Family Dollar, after the target rejected the previous offer, saying the deal could run foul of competition law.
*Europe shares higher after gains in Japan, China Dollar/ yen hits seven-month high, euro at new one-year low. With U.S. markets closed for Labor Day, investors in Asia had been somewhat subdued, but the mood in Europe seemed brighter as trading settled into a rhythm.
LONDON, Sept 2- Gold prices fell on Tuesday, breaking through key support at $1,280 an ounce as stock markets firmed and the dollar hit a one-year high against the euro ahead of a European Central Bank meeting this week.
TOKYO, Sept 2- Prime Minister Shinzo Abe's plan for Japan's economy to generate self-sustained growth on the back of his three policy "arrows" of massive monetary easing, spending and reform appears to be faltering- but no magic solution is in sight.
FRANKFURT, Sept 2- Expectations for further policy action at the European Central Bank's meeting on Thursday are running high after ECB President Mario Draghi pledged to use all available tools to keep prices in check.
*Weak factory data in China, Europe stoke oil demand fears. London, Sept 2- Brent crude dipped below $102 a barrel on Tuesday, pressured by worries about slowing oil demand growth in China and Europe, a strong U.S. dollar and ample supplies.
The move adds to an exodus of Renault-Nissan executives under alliance CEO Carlos Ghosn, which began last year with Renault second-in-command Carlos Tavares. Nissan's Infiniti division has since lost its CEO Johan de Nysschen as well as Europe chief Fintan Knight, an Audi and Lamborghini veteran.