Dollar Tree to Acquire Family Dollar

TODAY: July 28, 2014 PUB DATE: July 28, 2014

Dollar Tree Inc. (DLTR) said it will acquire Family Dollar Stores Inc. (FDO) in a cash-and-stock deal that values the discount retailer's shares about at $74.50 a piece. The deal price, a roughly 23% premium over Family Dollar's closing price ...

BOE May Need to Raise Rates Quicker, IMF Says

TODAY: July 28, 2014 PUB DATE: July 28, 2014

LONDON--The Bank of England may need to lift interest rates at a faster pace than expected if inflation in the U.K. takes off or new regulations prove ineffective at reining in a booming housing market, the International Monetary Fund said ...

U.K. Foreign-Exchange Trading Rises

TODAY: July 28, 2014 PUB DATE: July 28, 2014

LONDON--U.K. currency-trading volumes rose by 7% in the six months to April, a semiannual survey released by the Bank of England showed Monday. Overall trading volumes handled by banks in the U.K. stood at $2.402 trillion a day, the central ...

MARKET SNAPSHOT: U.S. Stocks: Futures Dip As Busy Data Week Begins

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- U.S. stock futures dipped on Monday, threatening a continuation of losses for the Dow Jones Industrial Average after the index dropped below the key 17,000 level last week. Home-sales data will kick off ...

Thailand Swings to Trade Surplus in June

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Warangkana Chomchuen BANGKOK--Thailand's trade balance swung to a surplus of $1.79 billion in June from a deficit of $809 million in May, the Ministry of Commerce said Monday, as shipments bound for overseas picked up. Exports in June rose ...

Germany to Back Tougher Russian Sanctions

TODAY: July 28, 2014 PUB DATE: July 28, 2014

BERLIN--Germany is willing to back tougher sanctions that target specific sectors of the Russian economy during talks of European Union officials in Brussels on Monday and Tuesday, a government official said Monday. The officials meet to give a finishing touch ...

Germany to Support Tougher Sanctions Against Russia

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Andrea Thomas BERLIN--Germany is willing to back tougher sanctions that target specific sectors of the Russian economy during talks of European Union officials in Brussels on Monday and Tuesday, a government official said Monday. The officials meet to give ...

TECH STOCKS: Zillow Rises On Trulia Acquisition

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Rex Crum, MarketWatch SAN FRANCISCO (MarketWatch) -- Tech stocks started the week off on a mostly negative note Monday, with declines coming from many sector leaders. Meanwhile, Zillow (ZILLOW.XX)has agreed to buy rival Trulia Inc. (TRLA) in a stock-for-stock ...

Pending Home Sales Fall 1.1% in June

TODAY: July 28, 2014 PUB DATE: July 28, 2014

WASHINGTON--The number of contracts signed to buy previously owned homes slipped in June, a sign the housing recovery remains choppy despite a retreat in interest rates. An index of pending home sales, reflecting purchases under contract but not yet closed, ...

U.S. Foreign-Exchange Trading Drops

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By James Ramage, Katie Martin and Josie Cox Foreign-exchange trading volumes in the U.S. plunged almost 20% in April from one year earlier, according to data published Monday from the Federal Reserve Bank of New York, as steady interest rates ...

Crude Oil Futures Trade Lower on Global Tensions

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Cassie Werber LONDON--Crude oil futures traded lower Monday, as tension in several parts of the globe failed to shift the commodity out of a range it has traded in for the last eight days. ICE September crude was down ...

Russia Bans Imports of Canned Vegetables, Fruit and Fish From Ukraine

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Olga Razumovskaya MOSCOW--Russia has indefinitely suspended imports of canned vegetables, fruits and fish from Ukraine beginning Tuesday, the country's chief consumer regulator said on its website Monday. The regulator, Rospotrebnadzor, cited violations of legal requirements relating to the protection ...

MARKET SNAPSHOT: U.S. Stocks Skid; Pending Home Sales Drop

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- The U.S. stock market moved decidedly lower Monday as excitement from a flurry of deal news, including the takeover of Family Dollar Stores Inc. by Dollar Tree Inc. proved ...

U.K. Foreign-Exchange Trading Rises

TODAY: July 28, 2014 PUB DATE: July 28, 2014

By Katie Martin and Josie Cox LONDON--U.K. currency-trading volumes rose by 7% in the six months to April, a semiannual survey released by the Bank of England showed Monday. Overall trading volumes handled by banks in the U.K. stood at ...

Danone May Sell Medical Nutrition Unit to Hospira -- FT

TODAY: July 28, 2014 PUB DATE: July 27, 2014

Danone S.A. (DANOY, BN.FR) is in talks to sell its medical nutrition unit to Hospira Inc. (HSP), The Financial Times reports Sunday citing people familiar with the situation. According to the report, Hospira would acquire the unit in an almost ...

India Blocks WTO Agreement to Ease Trade Rules

TODAY: July 28, 2014 PUB DATE: July 27, 2014

By Eric Bellman and Peter Kenny GENEVA--India effectively blocked an international agreement on easing trade regulations last week, saying the effort to promote global trade should be linked to food security. At a meeting of the World Trade Organization in ...

Berkshire Energy's AltaLink Buy Clears First Hurdle

TODAY: July 28, 2014 PUB DATE: July 26, 2014

Berkshire Hathaway Energy's application to buy SNC-Lavalin Group Inc.'s AltaLink power transmission unit has received preliminary approval, Canadian Industry Minister James Moore said, noting the deal still needs approval from the Alberta Utilities Commission. The 3.2 billion-Canadian-dollar ($2.92 billion) deal ...

Germany Calls for Swift Sanctions On Russia After Downing of MH17 -Report

TODAY: July 28, 2014 PUB DATE: July 26, 2014

By Andrea Thomas BERLIN--German Foreign Minister Frank-Walter Steinmeier called for the swift implementation of sanctions against sectors of the Russian economy, signaling that the downing of a Malaysia Airlines jet in eastern Ukraine and Moscow's insufficient support of the Ukraine ...