Fed's Powell Sees Conditions for Raising Rates as Soon as September

TODAY: Aug. 31, 2015 PUB DATE: June 23, 2015

By Ben Leubsdorf And Victoria McGrane WASHINGTON--Federal Reserve governor Jerome Powell said that the central bank's conditions for deciding when to initiate interest rate increases could be met "as soon as September." "I don't think the odds are 100%...that we ...

Momo Receives Going-Private Offer From CEO

TODAY: Aug. 31, 2015 PUB DATE: June 23, 2015

Momo Inc. said Tuesday that it has received a buyout offer from its chief executive that values the social networking platform at more than $3 billion, the latest Chinese company to receive such a proposal. Momo CEO Tang Yan and ...

U.S. New Home Sales-Jun 23 -2-

TODAY: Aug. 31, 2015 PUB DATE: June 23, 2015

Jan 1,203 -3.1 67 186 618 332 4.4 92 10.8 233.1 283.0 -2004- Dec 1,242 5.3 66 240 616 320 4.1 83 -1.2 229.6 284.3 Nov 1,179 -9.7 82 159 597 341 4.3 84 -16.8 224.5 283.2 Oct 1,305 7.5 ...

Getty Joins EU's Google Complaint

TODAY: Aug. 31, 2015 PUB DATE: June 23, 2015

By Alistair Barr Getty Images Inc., the world's largest photo agency, complained earlier this year to European antitrust officials that Google Inc. unfairly favors its image-search service over rivals, potentially adding another sector to the continent's antitrust investigation of the ...

European Stocks Rise on Greek Deal Hopes -- Update

TODAY: Aug. 31, 2015 PUB DATE: June 23, 2015

By Tommy Stubbington European stocks rose Tuesday, with investors betting Greece is closing in on a deal with its creditors. The Stoxx Europe 600 was 1.1% higher midmorning, building on Monday's 2.3% gain. Greece's Athex Composite climbed 3.7%. In currency ...

3M to Buy Capital Safety From KKR--Update

TODAY: Aug. 31, 2015 PUB DATE: June 23, 2015

By Angela Chen and James R. Hagerty 3M Co.'s agreement to buy Capital Safety for $1.8 billion shows the company is willing to increase the size of its acquisitions as part of a strategy to produce steady sales growth. The ...

Greece's Lenders Weigh Proposals Ahead of Crunch Meetings

TODAY: Aug. 31, 2015 PUB DATE: June 23, 2015

By Marcus Walker in Athens and Gabriele Steinhauser in Brussels Greece's lenders on Tuesday were scrutinizing a proposal seen as a potential breakthrough on a last-minute bailout deal, but significant concerns by more demanding creditors suggest that further days of ...

Citigroup Executive Pressured Brokers Over Libor

TODAY: Aug. 31, 2015 PUB DATE: June 23, 2015

LONDON?A Citigroup Inc. executive in London said he was pressuring brokers to get other banks to lower their interest-rate submissions, a London court heard Tuesday. Andrew Thursfield, a high-ranking executive in Citigroup's London office, wrote to a colleague in September ...

Judge Issues Injunction Blocking Sysco-US Foods Merger

TODAY: Aug. 31, 2015 PUB DATE: June 23, 2015

WASHINGTON?A federal judge on Tuesday issued a preliminary injunction blocking Sysco Corp.'s planned acquisition of rival food distributor US Foods Inc., a ruling that could kill a deal to combine the nation's two largest food distributors. The decision by U.S. ...

Correction to oil prices story

TODAY: Aug. 31, 2015 PUB DATE: June 23, 2015

Oil prices gained Tuesday. "Oil Flips to Gains," at 3:53 p.m. ET, misstated the date in the first paragraph. (END) Dow Jones Newswires June 23, 2015 16:32 ET (20:32 GMT) Copyright (c) 2015 Dow Jones & Company, Inc.

Proceedings / Highlights From The Law Blog

TODAY: Aug. 31, 2015 PUB DATE: June 22, 2015

(FROM THE WALL STREET JOURNAL 6/22/15) Transactional Work on The Rise at Law Firms With litigation work stagnating, law firms are increasingly turning to the transactional side to keep revenue rising. M&A;, real estate, tax and other general transactional corporate ...

Williams Cos. Rejects $48 Billion Buyout Offer -- 2nd Update

TODAY: Aug. 31, 2015 PUB DATE: June 22, 2015

By Alison Sider Natural-gas pipeline giant Williams Cos. has rejected an unsolicited buyout offer worth $48 billion but is open to other offers, the company said Sunday. Williams said it was approached about an all-stock deal valued at $64 a ...

Oil Prices Rise on Greek Debt Talk Hopes

TODAY: Aug. 31, 2015 PUB DATE: June 22, 2015

Oil prices rose in Europe on Monday as financial markets rallied on optimism that a deal would be reached in last-ditch Greek debt negotiations later in the day. Eurozone leaders will try to hammer out an agreement on Greece's bailout ...

Cigna Rejects Anthem Takeover Bid

TODAY: Aug. 31, 2015 PUB DATE: June 22, 2015

Cigna Corp.'s board of directors has rejected a $47.5 billion takeover offer from Anthem Inc., saying in a letter Sunday they were "deeply disappointed" in Anthem's actions. The Cigna board was unanimous in their decision, which they called "inadequate" in ...

Malaysia Forex Reserves Fall to $105.3 Billion at June 15

TODAY: Aug. 31, 2015 PUB DATE: June 22, 2015

By Jason Ng KUALA LUMPUR--Malaysia's international foreign-exchange reserves totaled $105.3 billion as of June 15, the central bank said Monday, down 1.0% from two weeks earlier. Malaysia's forex reserves stood at $106.4 billion at May 29. The holdings are sufficient ...