French Prime Minister Warns Against Telco Merger

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

PARIS?French Prime Minister Manuel Valls warned Altice SA and Bouygues SA that the French government won't back any deals in the telecommunications sector that wouldn't guarantee to preserve jobs and investments in future networks. Since Sunday, the French government has ...

Yellen Seeks Assurance on Handing Over Information-Leak Details

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

Federal Reserve Chairwoman Janet Yellen on Monday told House Republicans the Fed will turn over information related to a 2012 leak of confidential information only when investigators assure them it won't impede a criminal investigation. In a letter to lawmakers, ...

Fed Kicking Off Twice-a-Decade Census of Financial Companies

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

The Federal Reserve is taking stock of the nation's financial sector. The U.S. central bank on Monday announced the 2015 Census of Finance Companies, which will collect information on financing offered by nonbank financial institutions. The census last was conducted ...

U.S. Existing Home Sales-Jun 22 -2-

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

Jan 6.920 1.6 3.8 189.0 241.0 6.060 1.5 3.7 186.1 239.5 -2004- Dec 6.810 -2.4 3.9 191.0 244.0 5.970 -2.8 3.9 188.9 242.8 Nov 6.980 2.0 4.4 190.0 242.0 6.140 1.8 4.3 188.1 240.8 Oct 6.840 0.7 4.3 187.0 239.0 ...

Insurer Mergers Could Cut Consumer Options

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

(FROM THE WALL STREET JOURNAL 6/22/15) By Anna Wilde Mathews and Christopher Weaver The nation's biggest health insurers, which are pursuing a series of potential megamergers, have market overlaps that could damp competition in sectors such as private Medicare plans, ...

Anthem Goes Public With Cigna Bid

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

A five-way takeover frenzy broke out into the open over the weekend, with Anthem Inc. taking its $47.5 billion bid to buy Cigna Corp. public in a contentious move that shows the pressure the big health insurers are under to ...

Williams Cos. Rejects $48 Billion Buyout Offer -- 4th Update

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

By Alison Sider and Dana Cimilluca Natural-gas pipeline giant Williams Cos. has rejected an unsolicited buyout offer from Energy Transfer Equity L.P. worth $48 billion but is open to other offers, the companies said Sunday. Williams didn't identify who made ...

Williams Cos. Rejects $48 Billion Buyout Offer -- 3rd Update

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

By Alison Sider and Dana Cimilluca 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 didn't identify who made the takeover offer. A person ...

Williams Cos. Rejects $48 Billion Buyout Offer -- 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 ...

Williams Cos. Rejects $48 Billion Buyout Offer

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

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 announced Sunday evening that it was approached about an all-stock deal valued at $64 a ...

NATO Calls for Rise in Defence Spending by Alliance Members

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

By Naftali Bendavid BRUSSELS--Most NATO countries are boosting their military spending by small amounts if any, despite the concern over Russia's growing assertiveness, according to a report released Monday by the alliance. Only Poland this year joined the four other ...

CURRENCIES: Euro Rebounds On Reports Of New Greek Reform Proposals

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

By Joseph Adinolfi, MarketWatch , Hiroyuki Kachi The euro wiped about almost all its early-Monday losses against the dollar following reports that new reform proposals from Athens included crucial concessions. The news helped support the currency and eurozone bond yields ...

German Fin Min Schaeuble: Don't Know of Any New Greek Proposals

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

By Natalia Drozdiak BRUSSELS--Germany's finance minister on Monday said he didn't know of any new proposals from Greece, as eurozone finance ministers and leaders meet in a last-ditch effort to reach a deal with Athens to unlock urgently needed funding ...

Swiss Re to Start Using HSBC's Chinese Bank for Custodian Services

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

By John Letzing ZURICH?-Swiss reinsurance giant Swiss Re AG will begin using HSBC Holdings PLC's Chinese bank for custodian services, a move that further ties Switzerland to China's currency. HSBC said it's the first custodian bank in China to service ...

Poland Ready to Intervene in FX Market If Zloty Drops on Greek Crisis

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

By Patryk Wasilewski WARSAW--Poland's finance ministry and central bank are ready to intervene in the foreign-exchange market if the country's currency weakens as a result of the Greek crisis, Finance Minister Mateusz Szczurek said Monday. The minister said the country's ...

U.S. Existing-Home Sales Increase 5.1% in May -- Update

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

By Laura Kusisto WASHINGTON--Sales of previously owned homes regained momentum in May, a welcome sign that the housing market remains strong after sales fell unexpectedly in April. The pace of existing home sales increased 5.1% last month from April to ...

Eurozone Consumer Confidence Steadies

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

Eurozone consumers appear undaunted by the threat of a Greek debt default and exit from the currency area, as the leading measure of confidence steadied in June following two straight months of decline. The European Commission said Monday the headline ...

U.S. Existing-Home Sales Increase 5.1% in May

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

By Laura Kusisto WASHINGTON--Sales of previously owned homes regained momentum in May, a welcome sign that the housing market remains strong after sales fell unexpectedly in April. The pace of existing home sales increased 5.1% last month from April to ...

EU Extends Sanctions on Russia --Update

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

By Laurence Norman LUXEMBOURG--European Union foreign ministers extended broad economic sanctions on Russia on Monday until the end of January 2016, a move designed to give the bloc time to gauge if the Kremlin will fully implement its side of ...