Top News & Analysis Wisconsin

More

  • Huntington Bancshares to buy FirstMerit Tuesday, 26 Jan 2016 | 9:24 AM ET
    mergers

    Huntington Bancshares agreed to buy Ohio-based FirstMerit for about $3.4 billion in a cash-and-stock deal.

  • Jan 26- Huntington Bancshares Inc said on Tuesday it has agreed to buy Ohio- based FirstMerit Corp for about $3.4 billion in a cash-and-stock deal. Under terms of the deal, FirstMerit Corp will merge with a unit of Huntington Bancshares, and FirstMerit Bank, a unit of FirstMerit Corp, will merge with and into The Huntington National Bank, Huntington said.

  • *Brent crude slides 6.7 percent on record Iraq oil output. Crude oil prices fell as much as 6.7 percent as Iraq announced record-high oil production that will feed into an already oversupplied market, wiping out much of the oil price gains from of the biggest-ever daily rallies on Friday. Last week, European Central Bank chief Mario Draghi signalled the bank was...

  • Jan 25- Johnson Controls Inc, a U.S. maker of car batteries and heating and ventilation equipment, said on Monday it had agreed to acquire Ireland- based peer Tyco International Plc in a $16.5 billion deal aimed at lowering its tax bill. By redomiciling to Tyco's headquarters in Cork, Ireland, Johnson Controls would become the latest major U.S. company to carry out a...

  • Jan 24- Johnson Controls Inc, a U.S. manufacturer of car batteries and heating and ventilation equipment, is in advanced talks to buy fire protection and security company Tyco International Plc, people familiar with the matter said. A deal between Johnson Controls and Tyco, which have market capitalizations of $23 billion and $13 billion respectively, would...

  • Johnson Controls, Tyco in merger talks Sunday, 24 Jan 2016 | 4:07 PM ET
    An employee walks through the Johnson Controls and Saft Groupe SA factory, a joint venture producing Lithium-ion batteries in Nersac, France.

    Johnson Controls is in advanced talks to buy fire protection and security company Tyco International, people familiar with the matter told Reuters.

  • Jan 24- Johnson Controls Inc, a U.S. manufacturer of car batteries and heating and ventilation equipment, is in advanced talks to buy fire protection and security company Tyco International Plc, people familiar with the matter said. A deal between Johnson Controls and Tyco, which have market capitalizations of $23 billion and $13 billion respectively, would...

  • CHICAGO, Jan 19- U.S. soybean and corn futures closed firmer on Tuesday, hitting four-week highs on concerns about rains slowing the early soybean harvest in Brazil and investor hopes of stimulus measures in China, traders said. Chicago Board of Trade wheat futures followed corn and soybeans higher. Chicago Board of Trade soybean futures for March delivery...

  • NEW YORK, Jan 15- The dramatic sell-off on Wall Street through most of the past two weeks could signal a capitulation-type blowout, giving fundamentals the upper hand for the next week. The current slide in stock prices, which on Friday briefly dragged the S&P 500 to levels not seen in more than a year, is reminiscent in breadth and tone of drop-downs seen during the...

  • *Winning tickets sold in California, Tennessee and Florida. LOS ANGELES, Jan 13- Winning tickets in the nearly $1.6- billion Powerball lottery were sold in California, Florida and Tennessee, officials said on Thursday, leaving at least three people to split the record-setting jackpot. California Lottery officials confirmed that the winning six numbers had...

  • *Winning ticket sold in east LA suburb Chino Hills- officials. LOS ANGELES, Jan 13- At least one unidentified person in California won the massive $1.59- billion Powerball lottery on Wednesday, officials said after drawing the winning numbers for the world's largest potential jackpot for a single player. The winning ticket was sold at a 7- Eleven convenience...

  • NEW YORK, Jan 13- A winning ticket for the biggest-ever $1.59 billion Powerball lottery jackpot was sold in California, state lottery officials said on Wednesday. "We have a winner in California!" The payout is worth nearly $930 million if a winner chooses an immediate cash payout instead of annual payments over 29 years, according to the Multi-State Lottery...

  • NEW YORK, Jan 13- Lottery officials on Wednesday drew the winning numbers for the biggest-ever $1.5 billion Powerball lottery jackpot, as ticket holders across the United States held out hope they possess the combination to become North America's newest billionaire. It may take several hours to determine if anyone has picked the six winning numbers, said Gary...

  • If no one holds the winning numbers, the jackpot will be rolled over for Saturday's drawing, pushing the annuitized prize to an estimated $2 billion, with a cash value of $1.24 billion, said Kelly Cripe, spokeswoman for the lottery in Texas, one of the participating states. As lines snaked out doors a few hours before the drawing, a technical glitch hit some retail...

  • NEW YORK, Jan 13- Dreams of quitting an uninspiring job, helping the needy and traveling the world opened American wallets on Wednesday for a chance to win the biggest-ever $1.5 billion Powerball lottery jackpot. If no one holds the winning numbers, the jackpot will be rolled over for Saturday's drawing, pushing the annuitized prize to an estimated $2 billion,...

  • If no one holds the winning numbers, the jackpot will be rolled over for Saturday's drawing, pushing the annuitized prize to an estimated $2 billion, with a cash value of $1.24 billion, said Kelly Cripe, spokeswoman for the lottery in Texas, one of the participating states. "If I win, I'll give it all away to poor people," said New York restaurant deliveryman Osman Gamie,...

  • HARRISBURG, Pa., Jan 7- Wal-Mart Stores Inc, the world's largest retailer, faces a lawsuit in Pennsylvania claiming store employees negligently allowed an underage, intoxicated customer to buy a box of bullets later used to commit three murders. The lawsuit, filed in Philadelphia by families of the victims, seeks compensatory and punitive damages from Wal-Mart...

  • U.S. lawmakers, meanwhile, were uncharacteristically silent about a further deterioration in the value of China's currency, after the yuan fell for an eighth day on investor fears about China's economy. China last year gave markets a greater role in determining the yuan's value, a shift welcomed by the International Monetary Fund and others that have urged the...

  • Long-simmering tension over whether China manipulates its currency for trade advantage could heat up again, but the yuan's slide this week appeared driven by market doubts about Chinese economic growth, not active devaluation by Chinese officials. China last year moved to let markets play a greater role in determining the yuan's value, a policy shift...

  • MADISON, Wis., Jan 7- Chicago Federal Reserve President Charles Evans said on Thursday his view of the U.S. interest rate path in 2016 was consistent with two hikes, and cautioned that monetary policy must take into account the potential for lower economic growth in the long term. "From my perspective, the costs of raising the federal funds rate too quickly far...