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Apple CEO, Lawmakers Square Off Over Taxes
Apple's tax strategies came under harsh scrutiny Tuesday in the Senate, where lawmakers are finding it far easier to call for a simpler tax code than to produce one. Read More | View Original Article
Merck signs $5 bln share buyback agreement with Goldman Sachs
May 21 (Reuters) - Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff... Read More | View Original Article
Denso Executives in Price Fixing Plea
Two more executives of a Japanese auto parts maker have agreed to plead guilty to fixing prices on new-car parts and will spend more than a year in a U.S. prison. Read More | View Original Article
Pesticides Gain as Corn Loses Bug Resistance
Sales of insecticides are surging after years of decline, as U.S. corn planting expands and a genetic modification used to protect crops from pests has started losing its effectiveness. Read More | View Original Article
SkyWest Deals Could Add Up to 400 Jets
The head of SkyWest said he still saw a future for the smaller 50-seat jets being dropped by some carriers as the largest U.S. regional airline on unveiled another huge order for bigger aircraft that doubled its new-plane commitments to as many as 400. Read More | View Original Article
Sprint Boosts Bid for Clearwire
Sprint boosted its offer for Clearwire by 14%, succumbing to shareholder pressure with the hope of winning over vigorous opposition to the deal. Read More | View Original Article
Westfield in talks to sell 7 U.S. malls to Starwood - source
SYDNEY, May 22 (Reuters) - Australia's Westfield Group is in talks to sell seven U.S. shopping malls to private real estate investment company Starwood Capital Group for more than $1 billion, a... Read More | View Original Article
Home Depot raised its full-year outlook and said net profit jumped 18%, helped by the recovering housing market and sales related to reconstruction in the wake of superstorm Sandy. Read More | View Original Article
Philip Morris to Buy Mexican Unit
Philip Morris International has agreed to buy the 20% that it doesn't already own in its Mexican tobacco business for about $700 million. The stake is currently held by Grupo Carso SAB, a conglomerate founded by Carlos Slim. Read More | View Original Article
PRESS DIGEST - British Business - May 22
May 22 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. Read More | View Original Article
UPDATE 1-Is Sony un-Japanese enough to entertain change?
TOKYO, May 22 (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favours long-standing ties with banks, business... Read More | View Original Article
Roche, Sigma teamed up for failed Life Technologies bid -sources
NEW YORK, May 21 (Reuters) - Roche Holding AG teamed up with Sigma-Aldrich Corp to make an unsuccessful bid for Life Technologies Corp earlier this year, people familiar with the matter said. Read More | View Original Article
Saks Fifth Avenue could be offering a rare, high-ticket luxury item: Itself. Read More | View Original Article
RPT-UPDATE 2-KKR selling remaining stake in Seven West Media
* KKR puts 12% stake up for sale via Deutsche Bank, Goldman Read More | View Original Article
Is 3D System (DDD) Going to Split its Stock Again?
Visit StreetInsider.com at http://www.streetinsider.com/Stock+Splits/Is+3D+System+%28DDD%29+Going+t... for the full story. Read More | View Original Article
Is Sony un-Japanese enough to entertain change?
TOKYO, May 22 (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favours long-standing ties with banks, business... Read More | View Original Article
Sensata (ST) Announces 12.5M Common Share Secondary Offering
Visit StreetInsider.com at http://www.streetinsider.com/Equity+Offerings/Sensata+%28ST%29+Announces... for the full story. Read More | View Original Article
Stocks gain on reassurance from a top Fed official
NEW YORK (AP) — Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday. Read More | View Original Article
Oaktree founders could reap up to $80 million each in stock sale
NEW YORK, May 21 (Reuters) - Oaktree Capital LLC, the world's largest distressed debt investor, said its two founders could each receive as much as $79.9 million in a secondary offering of its shares... Read More | View Original Article
Scotiabank says China reevaluating Guangzhou deal
TORONTO, May 21 (Reuters) - Bank of Nova Scotia Chief Executive Rick Waugh said on Tuesday that Chinese authorities are reevaluating whether they want to go ahead with a deal to sell 20 percent of... Read More | View Original Article
CVR Partners (UAN) Announces 12M Common Secondary Sale
Visit StreetInsider.com at http://www.streetinsider.com/Equity+Offerings/CVR+Partners+%28UAN%29+Ann... for the full story. Read More | View Original Article
M/A-COM Technology (MTSI) Files 9.24M Common Shelf for Shareholders
Visit StreetInsider.com at http://www.streetinsider.com/Equity+Offerings/MA-COM+Technology+%28MTSI%... for the full story. Read More | View Original Article
First Internet (INBK) Approves Three-for-Two Split
Visit StreetInsider.com at http://www.streetinsider.com/Stock+Splits/First+Internet+%28INBK%29+Appr... for the full story. Read More | View Original Article
Pike Electric (PIKE) Closes Secondary Offering, Completes Stock Repurchase
Visit StreetInsider.com at http://www.streetinsider.com/Equity+Offerings/Pike+Electric+%28PIKE%29+C... for the full story. Read More | View Original Article
Baltic Trading (BALT) Announces Stock Offering
Visit StreetInsider.com at http://www.streetinsider.com/Equity+Offerings/Baltic+Trading+%28BALT%29+... for the full story. Read More | View Original Article
Telecom Italia denies possible company break-up
MILAN, May 21 (Reuters) - Telecom Italia denied on Tuesday that a company break-up was under consideration. Read More | View Original Article
Market Review: FOMC minutes and Bernanke testimony in focus
European markets closed mostly higher, while US markets are trading in the green ahead of the keenly awaited FOMC minutes and Federal Reserve chairman Ben Bernanke’s testimony, both slated for tomorrow. Read More | View Original Article
UPDATE 1-Chevron nears sale of Egypt, Pakistan downstream assets -sources
DUBAI, May 21 (Reuters) - Chevron Corp is in advanced talks to sell most of its downstream assets in Egypt and Pakistan, three sources said, with the planned disposals seen raising around $300... Read More | View Original Article
France Tel to invest up to 50 mln eur in Dailymotion -report
PARIS, May 21 (Reuters) - France Telecom plans to invest between 30 and 50 million euros ($64 million) in its video-sharing website Dailymotion and begin a fresh search for a partner in the autumn,... Read More | View Original Article
MOVES- M&G Investments, Milton Group, BCS Financial Group
May 21 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email to moves@thomsonreuters.com. Read More | View Original Article
