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Updated: 23 min 19 sec ago
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.
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.
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.
Consulting giant Accenture PLC has teamed up with Oracle Corp to offer cloud-based solutions for the public, financial and hospitality sectors.
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.
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.
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.
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.
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.
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.
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.
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.
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.