Cardinal Health to pay $26.8 million to settle monopoly charges
Reuters WASHINGTON (Reuters) - Cardinal Health has agreed to pay $26.8 million to settle charges it illegally monopolized markets in 25 cities for the sale of low-energy radiopharmaceuticals to hospitals and clinics, the Federal Trade Commission said on Monday. |
Los Angeles Times |
Blue Bottle Coffee is merging with Tartine Bakery & Café
Los Angeles Times Angelenos in search of stellar morning buns with cinnamon sugar and candied orange will soon be able to buy Tartine Bakery's lauded pastries in Los Angeles. lRelated Blue Bottle opens new cafe on Abbot Kinney in Venice · Daily Dish · Blue Bottle opens ... Beloved San Franciso Bakery Tartine Is Coming To NYC Next Year SF's Tartine Bakery Merges With Blue Bottle Coffee, Plans Major Expansion |
Jeff Gundlach issues ominous warning for junk-bond market
MarketWatch High-yield corporate bonds may present the next financial crisis for markets, says the man known as one of the barons of the bond world. “The worry is that interest rates could start rising a few years from now and when rates start to rise, the quest for yield will ... |
USA TODAY |
AARP's Livability Index useful tool for seniors
Tallahassee.com More Americans are living longer but as people age where to live has become a more frequent question. On Monday, the AARP Public Policy Institute released a user-friendly tool — the Livability Index at http://ift.tt/1E1I1OG — that takes the guess ... Date Nights in Abilene Among Best in Nation According to AARP Madison neighborhood named as one of 10 most livable neighborhoods in the ... New Online Tool Helps You Find Your “Forever” Neighborhood |
US stocks gain, rebounding from Friday's slump
KTAR.com NEW YORK (AP) -- U.S. stocks rose on Monday, rebounding from a big slump on Friday. Good first-quarter earnings reports gave the market a boost. Hasbro was among the biggest gainers after the toy maker reported results that were better than analysts had ... |
Bloomberg |
Tech Shares Lead U.S. Stocks Rebound; Euro Slips on Greece Debt
Bloomberg U.S. stocks rebounded from the worst slide in three weeks, while commodity producers led European equities higher on speculation Chinese policy makers will take more steps to support growth. The euro weakened and oil slipped. The Standard & Poor's 500 ... US, European shares up after China stimulus but Greece weighs European stocks buoyed by China stimulus move, but Greek worries persist China stocks plunge as regulatory efforts take hold |
L'Oreal Reports Higher First Quarter Sales
New York Times PARIS — French cosmetics giant L'Oreal says it pulled in 6.44 billion euros ($6.9 billion) in sales in the first quarter, 14 percent higher than a year earlier thanks to double-digit growth across its range of high-end and mass-market beauty products. The maker ... |
Wall Street stocks jump on China stimulus
The Daily Telegraph US stocks have opened with solid gains as the latest Chinese stimulus measure offset concerns about a Greek debt default. Five minutes into trade on Monday, the Dow Jones Industrial Average was at 17,986.55, up 160.25 points (0.90 per cent). |
CNNMoney |
Junk bonds: The next financial crisis?
CNNMoney Junk bonds have been investors' snack of choice over the past five years. They may soon regret that decision. Billionaire Jeffrey Gundlach believes the next crisis will be in junk bonds. His voice is worth listening to. Not only is Gundlach the so-called king of ... Jeff Gundlach issues ominous warning for junk-bond market Gundlach Says Market Hasn't Seen Complete Impact of Fed Moves |
Reuters |
Kraft removing synthetic colors from iconic macaroni & cheese
Reuters (Reuters) - Kraft Foods Group Inc on Monday said it is revamping its family-friendly macaroni and cheese meal, removing synthetic colors and preservatives from the popular boxed dinner. The move comes at a time when Kraft is battling sluggish demand as ... Kraft ends mac and cheese fake coloring Kraft Mac & Cheese shedding the dyes Kraft Announces Recipe Change to Mac & Cheese |
Reuters |
European shares up after China stimulus fails to lift Asia
Reuters LONDON (Reuters) - European stocks rose on Monday, shrugging off falls in Asia after gains driven by Chinese stimulus measures faded, while the euro fell against the dollar on worries Greece may default. Wall Street shares, which fell steeply on Friday, ... |
Reuters |
EU to charge Russia's Gazprom with market abuse
Reuters BRUSSELS (Reuters) - The European Union will launch a legal attack on Russian gas giant Gazprom (GAZP.MM) this week, ramping up tensions with Moscow, when antitrust agents will accuse it of overcharging buyers in eastern Europe, EU sources told ... EU to File Antitrust Charges Against Gazprom EU to announce anti-trust charges against Gazprom on Wednesday: sources Report: EU prepares to file antitrust charges against Gazprom (OGZPY) |
Bloomberg |
U.S. Stocks Rebound on China as Morgan Stanley Gains on Earnings
Bloomberg U.S. stocks rose, after the biggest drop in three weeks for the Standard & Poor's 500 Index, as China's central bank cut lenders' reserve requirements and Morgan Stanley earnings topped forecasts. Morgan Stanley added 0.8 percent after reporting the highest ... UPDATE 3-Morgan Stanley posts highest profit since financial crisis Morgan Stanley's income jumps 60 percent on trading boost Morgan Stanley Reveals First-Quarter Earnings Beat |
CNNMoney |
UPDATE 1-Union seeks injunction from labor board over Wal-Mart store closings
Reuters (Adds quotes, store locations, background). April 20 (Reuters) - A union representing Wal-Mart workers who lost their jobs when the retailer suddenly closed five stores last week said it would seek an injunction on Monday from the National Labor Relations ... 'This is a new low even for Walmart,' say fired workers Group seeks rehiring of workers at closed Brandon Walmart, 4 oth - WFLA News ... Group seeks rehiring at 5 closed Wal-Mart stores |
Huffington Post |
What's Missing From the Obamacare Debate?
Huffington Post By the time you read this article, I will be on my way to Kansas City, MO or heading back home to Louisiana after volunteering at a massive free medical clinic. This is not my first time working with the National Association of Free and Charitable Clinics (NAFC) ... GOP shifting focus away from repealing Affordable Care Act The top 5 Affordable Care Act myths debunked |
Telegraph.co.uk |
Nomad Holdings Buys Birds Eye, Findus Owner for $2.8 Billion
Wall Street Journal LONDON—Nomad Holdings Ltd. said Monday it is buying Iglo Foods Holdings Ltd., owner of the Birds Eye and Findus frozen food brands, for 2.6 billion euros ($2.8 billion) from a company backed by Permira funds. The company said the deal constitutes a ... UPDATE 1-Nomad Holdings to buy UK frozen foods maker Iglo for $2.8 bln UK fish sticks maker taken over for $2.8 billion Birds Eye owner, Iglo Group, sold to American firm |
Bloomberg |
U.S. Stocks Rebound on China as Morgan Stanley Gains on Earnings
Bloomberg U.S. stocks rose, after the biggest drop in three weeks for the Standard & Poor's 500 Index, as China's central bank cut lenders' reserve requirements and Morgan Stanley earnings topped forecasts. Morgan Stanley added 0.8 percent after reporting the highest ... UPDATE 3-Morgan Stanley posts highest profit since financial crisis Morgan Stanley's income jumps 60 percent on trading boost Rebound Rally: Stocks Jump Amid China Stimulus, Earnings |
Europe stocks start week boosted by telecoms, Chinese stimulus
Reuters ... * FTSEurofirst 300 up 0.8 pct, recovering from Friday's sell-off. * Telenet, KPN rise after Belgian deal. * BP Milano boosted by merger speculation. * China stimulus lifts miners (Updates prices). By Francesco Canepa and Lionel Laurent. LONDON, April 20 ... |
Forbes |
Raytheon Revs Up Growth With Bold Websense Cyber Venture
Forbes Raytheon Raytheon disclosed early Monday that it is acquiring cybersecurity firm Websense and will form a joint venture with Vista Equity Partners to greatly expand the defense company's global cyber offerings. The new venture, in which ... UPDATE 2-Raytheon to buy cybersecurity firm Websense in $1.9 bln deal Raytheon buying cybersecurity company for about $1.9 billion Raytheon buys cybersecurity firm in $1.9 bn deal |
USA TODAY |
See outrageous Lilly Pulitzer for Target markups on eBay
USA TODAY People lined up at Target stores nationwide and bombarded its website Sunday to buy items from a limited-time Lilly Pulitzer product line. Customers quickly emptied shelves and the items were sold out online by noon ET. The frantic scene led some to call it ... Lilly Pulitzer's flower power overwhelms Target Lilly Pulitzer Fans Overwhelm Target Stores Target Scores Huge Hit With Lilly Pulitzer Craze |
Pensacola News Journal |
Dow up 200 on strong profits, China stimulus
Pensacola News Journal After the previous session's shellacking, the Dow is solidly in the black Monday, powered by earnings beats and more stimulus from China's central bank. As of 10:20 a.m. ET, the Dow Jones industrial average is up 1.2% -- a gain of more than 200 points. Dow industrials jump more than 200 points US stocks jump on China stimulus |
Financial Post |
Cirque de Soleil sells majority stake to private equity
Washington Post MONTREAL — The Cirque de Soleil has signed a deal to sell a majority stake in the famed circus group to U.S. private equity firm TPG for an undisclosed price. The world-renowned circus troupe announced the transaction Monday. Billionaire Cirque founder ... TPG Capital-Led Group Agrees to Buy Canada's Cirque du Soleil Cirque du Soleil to be sold for about $1.5 billion: Globe and Mail Cirque du Soleil sells majority stake to U.S. private equity firm |
KOLO |
Gas prices rise 6.3 cents in Maine in past week
SFGate PORTLAND, Maine (AP) — Gas prices have risen 6.3 cents in Maine in the past week. Gasoline price-monitoring website GasBuddy.com reports Monday that the average cost of a gallon of gas in Maine is $2.45. Maine gas prices are 6.2 cents per gallon ... SC gasoline prices rise 11 cents a gallon in one week, among highest increase ... Gas prices jump 10 cents in past week and will continue to rise Prices at the gas pump head upward |
Los Angeles Times |
Fed's Dudley hopeful of interest rate hike this year despite weak data
Los Angeles Times A top Federal Reserve policymaker said Monday that he was hopeful the central bank will raise its benchmark short-term interest rate this year despite recent weak economic data. lRelated Big differences divide Democrats, GOP on overhauling U.S. tax code. EconomyFed's Dudley plays down EM risk from US tightening Dudley: Growth Rebound Should Support Rate Rises in 2015 Hopeful on US rate hike this year: Federal Reserve's William Dudley |
USA TODAY |
Time Warner Cable Continues to Transform Home Phone Service with ...
MarketWatch NEW YORK, Apr 20, 2015 (BUSINESS WIRE) -- Time Warner Cable Inc. (TWC) has added India to its growing list of international destinations included in its Unlimited Home Phone National calling plan. With this calling plan expansion, unlimited calls can be ... Comcast, Time Warner Cable to Meet With DOJ; Stocks Rebound The Tide Is Turning Against Comcast's Proposal To Buy Time Warner Cable Comcast, Time Warner Cable to meet Justice Department officials over merger |
TIME |
OPEC Says US Oil Boom Will End This Year
TIME OPEC says the demand for oil – its oil – will rise during 2015 because the cartel is winning its price war against U.S. shale producers by driving them out of business. More. 100 Billion Barrels of Oil Below Gatwick? Maybe NotTop 5 Richest Tycoons in ... OPEC, Russia, U.S. Shales - A Global Battle For Oil Market Share Oil Drops as Bull Bets Seen Behind Biggest Weekly Gain Since '09 Low prices curing low prices |
Salon |
Volcker Urges Merging Regulators to Bolster Financial Oversight
Bloomberg Five years after giving his name to a rule designed to restrict trading by Wall Street banks, Paul Volcker is pushing for another change that would put at least one top regulator out of business. The Federal Reserve would be at the helm of a reorganized ... Former Fed Chairman Volcker calls for overhaul of financial oversight system MarketsEx-Fed chief Volcker calls for merger of SEC, CFTC |
Fox Business |
Wall Street Rebounds Amid China Stimulus, Earnings
Fox Business After sharp losses Friday, Wall Street rebounded Monday morning at the opening bell amid more Chinese stimulus, and better-than-expected corporate earnings from Morgan Stanley (MS) and Halliburton (HAL). As of 9:40 a.m. ET, the Dow Jones Industrial ... US STOCKS-Wall St to rise at open with eyes on China, earnings U.S. Stock Futures Advance Stock Futures See Slight Rebound After Friday's Selloff |
