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Updated: 23 min 19 sec ago

Mylan Rejects $40-Billion Bid from Teva

Mon, 04/27/2015 - 9:28am
Mylan’s board of directors unanimously rebuffed unsolicited takeover interest from Teva Pharmaceuticals on Monday calling the $40-billion proposal one that grossly undervalues the company, and carries significant global antitrust risk.
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Travelers Upgraded As FBR Believes Stock's Recent Weakness Makes It More Attractive

Mon, 04/27/2015 - 9:20am
Travelers Companies was upgraded to outperform from market perform by FBR Capital Markets analyst Randy Binner, who said the recent selloff in the blue-chip insurer's stock has made it more attractive.
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Greece To Submit Reform Proposal On Wednesday: Report

Mon, 04/27/2015 - 9:19am
The Greek government is planning to submit a fresh list of reform proposals on Wednesday, according to a news report, potentially taking the country a step closer to ending the months long bailout standoff with international lenders.
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Accenture, Oracle Partner in the Cloud

Mon, 04/27/2015 - 8:58am
Consulting giant Accenture PLC has teamed up with Oracle Corp to offer cloud-based solutions for the public, financial and hospitality sectors.
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Amid Major Departures, Zynga Enters into Retention Agreements

Mon, 04/27/2015 - 8:42am
Zynga Inc. has entered into retention agreements with two of its executives, after the gaming company's chief executive and operating chief resigned in recent weeks.
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Greece Shuffles Team Negotiating With Creditors

Mon, 04/27/2015 - 8:35am
Greece has shuffled the team involved in bailout talks with the country's international creditors, a senior government official said Monday, in a move that may reduce the influence outspoken Greek finance minister Yanis Varoufakis has on the slow-moving negotiations.
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Twitter Downgraded At SunTrust Ahead Of First-quarter Results

Mon, 04/27/2015 - 8:20am
Twitter Inc.'s stock slipped 0.8% in premarket trade Monday, after SunTrust Robinson Humphrey downgraded the social network amid concerns over valuation ahead of first-quarter results, which are slated to be released after Tuesday's closing bell.
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After Iglo Foods Buy, Nomad Hungry for More Deals

Mon, 04/27/2015 - 7:46am
The company's founders, backed by the surging strength of the U.S. dollar, want to climb to the top of the food chain. Nomad last week agreed to buy U.K.-based frozen-food maker Iglo Foods Holdings Ltd. for EUR2.6 billion from Permira Advisers LLP, the first in what Nomad said would be a spree of food acquisitions around the world.
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Nepal Quake's Economic Toll Expected to be Massive

Mon, 04/27/2015 - 7:33am
As foreign aid flows into Nepal, hit over the weekend by a devastating earthquake, it will be put to work to rebuild one of the world's poorest nations.
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Fitch Downgrades Japan, Warns on Fiscal Policy

Mon, 04/27/2015 - 7:21am
Fitch Ratings downgraded Japan's credit rating by one notch after the government failed to take steps in this fiscal year's budget to offset a delay in a sales tax increase, the agency said on Monday.
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Duetsche Bank to Scale Back Investment Banking

Mon, 04/27/2015 - 7:16am
The bank said Monday it will scale back its investment bank and retail operations while strengthening transaction banking as well as asset and wealth management services as part of a long-awaited strategic overhaul.
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Oil Drifts as Traders Weigh Latest Price Rally

Mon, 04/27/2015 - 7:14am
Crude oil prices were mostly flat in early trade on Monday as investors weighed supply and demand fundamentals amid weakening confidence in the latest price rally after snapping a five-week win streak last week.
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U.S. Equity Futures Rise as Traders Await Apple Results

Mon, 04/27/2015 - 7:07am
U.S. equity futures were higher Monday with no economic data on tap, as investors looked ahead to Apple's earnings results after the bell.
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