Busted Deal A Black Eye For Roberts

TODAY: July 4, 2015 PUB DATE: April 24, 2015

(FROM THE WALL STREET JOURNAL 4/24/15) By Joe Flint Brian Roberts' first instinct was right. When Time Warner Cable Inc. was the target of a hostile takeover by Charter Communications Inc., the company reached out to Comcast Corp. in search ...

America Movil 1Q Ebitda Down 3.1% -- Update

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Anthony Harrup MEXICO CITY--Mexican telecommunications company América Móvil said Thursday its net profit fell more than 40% in the first quarter as heavy exchange losses led to higher financial costs and regulatory measures in Mexico took a toll on ...

Oil Trades Near Year-High, Market Sentiment Still Bullish

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Eric Yep Crude-oil futures were trading slightly below the highest level for this year in Asian trade Friday, supported by bullish market sentiment and continued unrest in Yemen. On the New York Mercantile Exchange, light, sweet crude futures for ...

Hungary's MOL to Buy Ithaca Petroleum Norge for $60 Million

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Margit Feher BUDAPEST--Hungarian oil and gas company MOL Nyrt. (MOL.BU) has agreed with Ithaca Energy Inc. (IAE.T) to buy Ithaca Energy's subsidiary in Norway, Ithaca Petroleum Norge AS for an initial amount of $60 million, the two companies said ...

Comcast Kills Time Warner Cable Deal--5th Update

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Shalini Ramachandran Comcast Corp. on Friday terminated plans to acquire Time Warner Cable Inc., as increasing pressure from regulators prompted the end of the $45.2 billion deal. "Today, we move on. Of course, we would have liked to bring ...

Dollar Slumps Against Euro on Weak U.S. Housing Numbers

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Josie Cox The U.S. dollar slumped to a more than two-week low against the euro Friday, pressured by some weak U.S. housing markets numbers out Thursday, and fears that more downbeat data later in this session could knock investors' ...

Dollar Slumps Against Euro to Two-Week Low -- Update

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Josie Cox The U.S. dollar slumped to a more than two-week low against the euro Friday, pressured by some weak U.S. housing markets numbers out Thursday, and fears that more downbeat data later in this session could knock investors' ...

Chinese Province Jiangsu Delays Bond Sale

TODAY: July 4, 2015 PUB DATE: April 24, 2015

BEIJING--A Chinese province delayed a plan to issue new bonds to help repay old debt, in a setback for a new program intended to help heavily indebted local governments. An official of the eastern province of Jiangsu said the proposed ...

Yara Chief Executive Favors Libya Plant Shutdown

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Kjetil Malkenes Hovland OSLO--Torgeir Kvidal, chief executive officer of Yara International ASA (YAR.OS), said Friday that the company favored a controlled shutdown of the Lifeco fertilizer joint venture in Libya, amid deteriorating security and a lack of natural gas ...

American Airlines Earnings Nearly Double

TODAY: July 4, 2015 PUB DATE: April 24, 2015

American Airlines Group Inc. said Friday that its first-quarter earnings nearly doubled as the company continues to benefit from low fuel prices. However, it added that the strong dollar, competitive capacity growth, and economic softness in Latin America pulled down ...

Russian Economic Contraction to Deepen in Second Qtr--Report

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Andrey Ostroukh MOSCOW--Russia's economic contraction may deepen in the second quarter to up to 3%, the Deputy Economy Minister Alexei Vedev said Friday, local news agencies reported. Hit by lower oil prices and Western sanctions, Russia's economy has slid ...

Comcast Kills Time Warner Cable Deal--4th Update -2-

TODAY: July 4, 2015 PUB DATE: April 24, 2015

Visit http://www.companyspotlight.com/partner?cp_code=P479∈=US16117M3051 Access Investor Kit for Comcast Corp. Visit http://www.companyspotlight.com/partner?cp_code=P479∈=US20030N1019 Access Investor Kit for Comcast Corp. Visit http://www.companyspotlight.com/partner?cp_code=P479∈=US20030N2009 Access Investor Kit for Time Warner Cable, Inc. Visit http://www.companyspotlight.com/partner?cp_code=P479∈=US88732J2078 Subscribe to WSJ: http://online.wsj.com?mod=djnwires (END) Dow Jones Newswires April 24, 2015 09:53 ...

Mylan Raises Bid for Generic Drug Maker Perrigo -- 5th Update

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Angela Chen Mylan NV raised its offer to buy generic drug maker Perrigo Co. to about $33 billion and was promptly rebuffed, the latest moves in a three-way takeover tussle in the pharmaceutical industry. Mylan's bid consists of $60 ...

Mylan to Make Formal Bid for Perrigo -- 3rd Update

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Angela Chen Mylan NV said it will make a formal offer, worth about $33 billion in cash and stock, to buy generic drug maker Perrigo Co., the latest move in a three-way takeover tussle in the pharmaceutical industry. Mylan, ...

Mylan to Make Formal Bid for Perrigo -- Update

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Angela Chen Mylan NV said it will make a formal offer, worth about $33 billion in cash and stock, to buy generic drug maker Perrigo Co., the latest move in a three-way takeover tussle. Mylan, which had indicated earlier ...

Obama Defends Proposed Pacific Trade Deal

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Gerald F. Seib President Barack Obama defended a proposed Pacific trade deal Friday against sharp pushback from his party's left, saying the agreement under negotiation would avoid the flaws liberals have rightly highlighted in earlier trade pacts. In an ...

Fed Meeting, GDP, but No Jobs Report -- Data Week Ahead

TODAY: July 4, 2015 PUB DATE: April 24, 2015

By Kathleen Madigan A busy week of economic events will be headlined by a policy meeting at the Federal Reserve, factory reports and the first estimate of first-quarter economic growth. Economists don't expect much news to come out of the ...

Mersch: ECB Must Punish Countries That Break Fiscal Rules

TODAY: July 4, 2015 PUB DATE: April 24, 2015

Recent decisions by the European Union's executive arm not to punish countries for violating fiscal rules, weaken their credibility and raise doubt on whether the EU's rules can be a basis for confidence, a member of the European Central Bank's ...