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

TODAY: April 27, 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: April 27, 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: April 27, 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: April 27, 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: April 27, 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: April 27, 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: April 27, 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: April 27, 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: April 27, 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: April 27, 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: April 27, 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: April 27, 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: April 27, 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: April 27, 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: April 27, 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 ...

Chesapeake to Pay $25 Million to Settle Michigan Charges

TODAY: April 27, 2015 PUB DATE: April 24, 2015

By Erin Ailworth Chesapeake Energy Corp. has agreed to pay $25 million to settle antitrust allegations made by Michigan's attorney general, as well as complaints that it misled hundreds of landowners to obtain leases in the state. Michigan Attorney General ...

Starbucks Revenue Rises as Traffic Grows -- Update

TODAY: April 27, 2015 PUB DATE: April 24, 2015

By Ilan Brat Starbucks Corp. reported stronger sales and sharply higher profit in its latest quarter, an early indication that its financial results may emerge unscathed from the social-media-fueled backlash to its efforts to spur conversations on race relations. Chief ...

Comcast to Drop Bid for Time Warner Cable

TODAY: April 27, 2015 PUB DATE: April 24, 2015

Comcast Corp. is planning to drop its proposed acquisition of Time Warner Cable Inc., according to people familiar with the matter, after stiff resistance from U.S. regulators threw the merger of the cable giants off track. A withdrawal by Comcast ...