Johnson & Johnson in $2.5B hip-device settlement USA TODAY WASHINGTON — Johnson & Johnson said late Tuesday that it will pay $2.5 billion to settle thousands of lawsuits brought by hip replacement patients who accuse the company of selling faulty implants that led to injuries and additional surgeries. | |
Devon Energy near $6 billion deal for GeoSouthern: source Reuters NEW YORK (Reuters) - Devon Energy Corp is close to a deal to buy privately held GeoSouthern Energy Corp for around $6 billion, according to a person familiar with the matter. The deal could be announced as soon as this week, the source said. The source ... | |
EU October New Car Registrations Accelerate, Despite Weak Industry Wall Street Journal European Union new car registrations rose in October from a year earlier, sparking hopes the industry's recovery in the region will gain traction, despite cautious forecasts by most car makers. This was the first time demand for new cars rose for two ... | |
Asian Stocks Fall, Led by Australian Banks; WorleyParsons Slumps Businessweek Asian stocks fell for a second day as Australian banks declined and WorleyParsons Ltd. cut its profit forecast, overshadowing Federal Reserve Chairman Ben S. Bernanke saying low U.S. interest rates will remain low. Australia & New Zealand Banking Group ... | |
UPDATE 1-Yahoo increases share buyback authorization by $5 billion Reuters By Alexei Oreskovic. SAN FRANCISCO Nov 19 (Reuters) - Yahoo Inc said it has increased its share repurchase authorization by $5 billion and that it planned to offer $1 billion in convertible notes. Shares of Yahoo increased 1.6 percent to $35.17 in after ... | |
California health exchange is hesitant to extend canceled policies Los Angeles Times California's health insurance exchange remained hesitant to embrace a controversial request from President Obama to extend canceled insurance policies for another year. The state exchange, called Covered California, said Monday that it won't decide until ... | |
Japan trade deficit widens Toledo Blade TOKYO — Japan's trade deficit nearly doubled in October, as growth in imports outpaced robust increases in exports to the U.S. and China, the Finance Ministry reported Wednesday. A weakening in the Japanese yen over the past year has helped exports, ... | |
Port truck drivers from 3 firms on strike Los Angeles Times Port truck drivers from three Carson-based firms went on strike Monday, alleging unfair labor practices by their employers, union organizers said. Truck drivers from Green Fleet Systems allege their employer has in recent months retaliated against them for ... | |
Dropbox Is Said to Seek $250 Million in Funding, Doubling Its Valuation New York Times Online storage, once a backwater of the Silicon Valley technology scene, is suddenly a hot commodity. Dropbox, a five-year-old San Francisco start-up that allows users to access stored documents via the web, is seeking $250 million in funding in a round that ... | |
Australia shares fall as banks weaken; RBA comments revive sentiment Reuters (Adds analysis, quotes, stocks on the move). SYDNEY Nov 19 (Reuters) - Australian shares extended their losses for a second session on Tuesday morning as banking stocks lost further ground, but the market pulled off its lows after the nation's central bank ... | |
GLOBAL MARKETS-Most US stocks retreat after new highs, dollar falls Reuters ... slideshows. * Hong Kong-listed Chinese shares rise 5.7 pct on reform agenda. * European stocks rally after early stumble, Wall Street jumps, stalls. * China reforms help growth currencies; dollar, yen fall. By Herbert Lash. NEW YORK, Nov 18 (Reuters) ... | |
UPDATE 1-Saudi Arabia may be overcoming addiction to oil-fired power Reuters ... slideshows. * Saudi monthly crude exports at highest since November 2005. * Production averages nearly 10 mln bpd from June-September. * More oil production brings more gas to save crude for export. * Cooler weather, more gas, less energy waste help ... | |
RPT-Nokia shareholders expected to approve Microsoft deal Reuters By Ritsuko Ando. HELSINKI Nov 19 (Reuters) - Nokia shareholders are expected to approve the sale of its mobile phone business to Microsoft on Tuesday, with the deal's financial benefits likely to outweigh resistance from a minority of investors upset over ... | |
Tesla defends Model S safety as stocks plunge Reuters TOKYO (Reuters) - Tesla Motors Inc (TSLA.O) on Tuesday stood by the safety of its electric cars as the U.S. company's shares continue to sink after reporting a third fire in its Model S luxury sedan. Speaking to reporters ahead of this week's Tokyo Motor Show, ... | |
NYC to ban tobacco sales to anyone under age 21 Wall Street Journal NEW YORK — New York City Mayor Michael Bloomberg planned to sign landmark legislation banning the sale of tobacco products to anyone under age 21, making the Big Apple the first large city or state in the country to prohibit sales to young adults. | |
New-Look Best Buy Is Poised to Deliver Wall Street Journal That wasn't the case a year ago. Back then, the electronics retailer was on the ropes, and Wall Street was beginning to question whether it could survive. A mid-November 2012 presentation to analysts on Best Buy's plans from its newly installed chief ... | |
European stocks climb as euro-zone trade surplus rises MarketWatch LONDON (MarketWatch) — European stock markets erased earlier losses and moved broadly higher on Monday after data showed the euro zone's trade surplus grew more than expected in September, easing concerns about the impact of a stronger ... | |
DSM to create new pharma services firm with JLL in $2.6 billion deal Reuters AMSTERDAM (Reuters) - Dutch food and chemicals group DSM (DSMN.AS) said on Tuesday it was spinning off its pharmaceuticals division in a $2.6 billion deal with private equity firm JLL, pushing DSM's shares up more than 3 percent. The new company ... | |
OECD Economic Growth Stalls Wall Street Journal Growth in the developed economies was unchanged in the third quarter, as accelerations in the U.S. and U.K. were offset by slowdowns in Japan and the euro zone. The Organization for Economic Cooperation and Development Monday said the combined ... | |
Earnings Preview: Home Depot 3Q Businessweek NEW YORK (AP) — Home Depot puts up third-quarter numbers before the market opens Tuesday, and investors will be looking for any hint that rising mortgage rates and a more subdued housing market will affect sales. Data provider CoreLogic this month ... | |
Yuan little changed as PBOC keeps firm hand on currency Economic Times Spot yuan traded at 6.0915 near midday, virtually unchanged from the previous close. It traded within a very tight range between 6.0920 and 6.0915 in the morning. ET SPECIAL: Save precious time tracking your investments. HONG KONG: China's yuan was ... | |
Morgan, Lewis & Bockius LLP | Morgan Lewis Advises CKE Restaurants on ... Linex Legal (press release) (registration) NEW YORK, November 19, 2013: CKE Inc. announced today that an affiliate of Roark Capital Group has entered into a definitive agreement to acquire a majority stake in CKE with senior management retaining a minority stake. CKE is currently ... | |
2014 Honda Accord, Plug-In Hybrid Accord, Civic Si and CR-V Named 'Best ... Sacramento Bee TORRANCE, Calif., Nov. 18, 2013 -- /PRNewswire/ -- American Honda received four Best Resale Value Awards from trusted vehicle valuation source Kelley Blue Book www.kbb.com. The 2014 Honda Accord, the all-new 2014 Plug-in Hybrid Accord the ... | |
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