All Entries in the "Deals" Category
Allan Sloan: Reader Questions and Comments About Social Security
I was snowed under by e-mail from readers of the Social Security article I wrote last month, which appeared online just as I was starting my vacation and in print a few days later. I didn’t have access to reader e-mail at the beach, and I’ve just now caught up with all my Social Security [...]
Sanofi to make formal Genzyme offer
PHILADELPHIA (Reuters) – France’s Sanofi-Aventis plans to make a formal offer of up to $18.7 billion for Genzyme after its informal overture failed to strike interest, sources familiar with the situation said on Wednesday.
Sanofi to make formal Genzyme offer
Panasonic buying Sanyo, other unit for $9.4 billion
TOKYO (Reuters) – Japan’s Panasonic Corp plans to buy out subsidiaries Sanyo Electric and Panasonic Electric Works for up to 818.4 billion yen ($9.4 billion) to strengthen its push into greener businesses.
Panasonic buying Sanyo, other unit for $9.4 billion
Avis tops Hertz with $1.33 billion bid for Dollar Thrifty
NEW YORK/BANGALORE (Reuters) – Car rental company Avis Budget Group inc offered about $1.33 billion for Dollar Thrifty Automotive Group inc , topping Hertz Global Holdings’ offer as the two rivals spar to pick up the budget brand.
Avis tops Hertz with $1.33 billion bid for Dollar Thrifty
Excise tax on ‘Cadillac’ health-care plans is a bad idea
The idea of an excise tax on “Cadillac” health-care plans sounds like magic. it would raise almost $150 billion over 10 years to help finance health-care “reform”; it would be paid by employers, insurance companies and “the rich”; it would help “bend the cost curve” in the future; and for all I know, it might [...]
Casey’s plans buyback, rejects Couche-Tard bid
TORONTO (Reuters) – Casey’s General Stores said on Wednesday it would buy back $500 million worth of common stock as part of a recapitalization plan that could derail Canada’s Alimentation Couche-Tard Inc’s sweetened offer to buy the U.S. general store chain.
Casey’s plans buyback, rejects Couche-Tard bid
BP tees up asset sales to pay for spill
LONDON (Reuters) – A day after BP said it would sell $30 billion in assets to pay for its Gulf of Mexico oil spill, the focus shifted to what is for sale, while lawyers prepared to tackle a mountain of claims for damages.
BP tees up asset sales to pay for spill
Remembering the lessons of the last market bubble
Get out your calendars, folks. It’s time to celebrate — or perhaps mourn — the 10th anniversary of one of the epic financial events of our time: the peak of the great stock market bubble in March 2000. That’s the month when the Nasdaq composite index, the Standard & Poor’s 500-stock index and the Wilshire [...]
Wall Street’s Selective Memory
Yes, the federal government does a lot of stupid things. and yes, it’s easy to see why Wall Street firms are bailing out of the Troubled Assets Relief Program: to avoid having to deal with the government’s ever-changing rules and with publicity-hungry congressmen. (Is there any other kind?)
Wall Street’s Selective Memory