Martha Stewart Living Reaches Buyout Deal

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

Martha Stewart Living Omnimedia Inc. has reached a deal to be bought by Sequential Brands Group Inc., an acquisitive retail-licensing company, for $6.15 a share, or about $353 million. Shares of Martha Stewart Living, which had risen on news of ...

Oil Prices End Slightly Higher

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

By Nicole Friedman Oil prices eked out a gain Monday as investors weighed concerns about ample crude-oil supplies against hopes that Greek debt negotiations would succeed. Light, sweet crude for July delivery settled up 7 cents, or 0.1%, at $59.68 ...

Yellen Seeks Assurance on Handing Over Information-Leak Details

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

By Kate Davidson 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 ...

Yellen Seeks Assurance on Handing Over Information-Leak Details

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

By Kate Davidson 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 ...

Anthem Raises Offer for Cigna to $54 Billion -- 3rd Update

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

By Dana CimillucaDana Mattioli, and Liz Hoffman 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 ...

Eurozone Plan Calls for Greater Economic Cohesion

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

BRUSSELS?European officials released a plan to fix deep flaws in the eurozone's makeup that would see its members sacrifice more of their national sovereignty for the economic good of the entire currency bloc. That will likely take time: The plan ...

Euro Higher Against Dollar, Yen Ahead of Greek Talks

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

By Hiroyuki Kachi The euro continued to gain ground against the dollar and the yen in Asia trade Monday, though many investors chose to stay on the sidelines with no fresh trading cues ahead of last-ditch Greek bailout talks in ...

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

TODAY: Sept. 2, 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 ...

Oil Stable Ahead of Greek Debt Talks; Oversupply Weighs

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

By Eric Yep Oil prices were mostly unchanged in Asian trade Monday as investors remain cautious ahead of Greek debt negotiations, and with persistent oversupply weighing on the oil market. On the New York Mercantile Exchange, light, sweet crude futures ...

France's Hollande Sees Progress in Negotiations With Greece

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

By Inti Landauro PARIS--French President Francois Hollande said talks between Greece and its partners are moving forward and if an agreement is not reached Monday evening, negotiators should set up the basis for a long-term deal in the coming days. ...

EU Extends Sanctions on Russia

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

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 February's Minsk cease-fire ...

Greek Proposal Makes Potentially Big Concession, Officials Say

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

BRUSSELS?The Greek government's latest plan for breaking an impasse on desperately needed bailout aid makes a potentially major concession on cutting deficits in its pension system, three officials familiar with the plan said Monday, though eurozone leaders warned an immediate ...

Ferrero Sweetens Chocolate Ambitions With Thorntons Deal

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

LONDON?Italian chocolate group Ferrero SpA has agreed to buy smaller British rival Thorntons PLC in the latest cross-border deal by the once acquisition-shy maker of Kinder candy and Nutella spread. Ferrero, tightly held by the family of the same name, ...

Home Properties to Be Acquired

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

Home Properties Inc. reached a deal to be acquired by a unit of private-equity firm Lone Star Funds in a cash deal valued at roughly $4.36 billion that will take the apartment real-estate investment trust private. Including the assumption of ...

Pfizer to Acquire Two Meningitis Vaccines

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

Pfizer Inc. has agreed two acquire meningitis vaccines from GlaxoSmithKline PLC for about $130 million, a move to expand its global reach in preventing meningococcal disease. New York-based Pfizer said it would buy Nimenrix and Mencevax, both single-dose meningococcal vaccines. ...

Brazil's JBS Acquires Moy Park

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

SÃ O PAULO?Brazil's JBS SA, the world's biggest meat packager, acquired the European poultry unit of its local rival Marfrig Global Foods SA in a deal worth $1.5 billion, showing a continued hunger for acquisitions. JBS said late Sunday that ...

U.S. ECONOMIC INDICATORS: Housing Data, Latest 6 Months

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

Data seasonally adjusted except actual, which is not seasonaly adjusted. Median and average prices for existing and single family homes in dollars. Housing construction and homes sold in 1,000 units. R = revised. (*) data reflect the increase in the ...

EU Extends Sanctions on Russia --2nd Update

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

By Laurence Norman LUXEMBOURG--European Union foreign ministers extended broad economic sanctions on Russia 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 February's Minsk ...

EU Extends Sanctions on Russia --2nd Update

TODAY: Sept. 2, 2015 PUB DATE: June 22, 2015

By Laurence Norman LUXEMBOURG--European Union foreign ministers extended broad economic sanctions on Russia 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 February's Minsk ...