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Washington Prime To Buy Glimcher Realty Trust For $4.3 Bln In Stock, Cash

Tue, 09/16/2014 - 8:43am
Washington Prime Group has agreed to buy Glimcher Realty Trust in a stock-and-cash deal valued at $4.3 billion, including debt.
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U.S. Producer Prices Unchanged in August

Tue, 09/16/2014 - 8:34am
Prices at the wholesale level were flat in August, pointing to muted inflation pressures that should see the Federal Reserve in no hurry to raise interest rates.
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Falling Gasoline And Food Costs Keep Producer Prices Flat In August

Tue, 09/16/2014 - 8:34am
Falling gasoline and food costs kept prices at the wholesale level flat in August, another sign of receding inflationary pressure.
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Hertz, Icahn Reach Agreement on Directors

Tue, 09/16/2014 - 8:26am
Hertz said Tuesday it entered into a definitive agreement with billionaire investor Carl Icahn to appoint three new members to its board of directors.
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Allergan Reaches Truce on Special Shareholder Meeting

Tue, 09/16/2014 - 8:08am
Allergan Inc (NYSE:AGN) and its suitors Pershing Square Capital Management and Valeant Pharmaceuticals Inc settled their pending litigation before the Delaware Court of Chancery and agreed to hold a special shareholder meeting on the originally scheduled date, Dec. 18.
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Canaccord Sticks With Hold Rating On Coach

Tue, 09/16/2014 - 8:06am
Canaccord analysts said Tuesday they are sticking with a hold rating on Coach Inc. shares, citing its attractive dividend yield -- of 3.7% --- and the company's appeal to private-equity funds.
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Global Stocks Hit One-Month Low, Caution Ahead of Fed

Tue, 09/16/2014 - 8:03am
Global shares hit a one-month low on Tuesday as investors refrained from placing strong bets before a Fed meeting that could adjust expectations about how soon the U.S. central bank will hike interest rates.
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Tesla Shares Edge Up After Analyst Says Buy After Monday's Dip

Tue, 09/16/2014 - 7:56am
Shares of Tesla Motors edged up 0.3% in premarket trade Tuesday, after Global Equities Research analyst Trip Chowdhry suggested Monday's tumble provided a good opportunity for investors to buy.
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Calpers to Pull $4B Hedge-Funds Stake Citing Costs

Tue, 09/16/2014 - 7:53am
The largest U.S. pension fund will pull all $4 billion it has invested in hedge funds because it finds them too costly and complicated.
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BP to Cut 275 Jobs in Alaska After Oil Field Disposals

Tue, 09/16/2014 - 7:48am
BP will cut 275 staff and contractor jobs in its Alaska operations early next year after the sale of its interests in four oil fields in the North Slope area.
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U.S. Stock-Index Futures Fall, Investors Prepare for Fed

Tue, 09/16/2014 - 7:43am
U.S. equity futures fell as risk-averse investors fretted the FOMC meeting will deliver a hawkish tone on interest rates.
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RadioShack Attack – And This One's Looking Fatal

Tue, 09/16/2014 - 7:19am
It seems no matter what it does to stand out in a big box store world, this small box store's world just keeps getting smaller and smaller.
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Eli Lilly Agrees To Co-develop AstraZeneca's Alzheimer's Treatment

Tue, 09/16/2014 - 7:17am
Eli Lilly said it would pay U.K. drug maker AstraZeneca up to $500 million in development and regulatory milestone payments, as part of a new agreement to co-develop and commercialize AstraZeneca's Alzheimer's treatment.
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Asia Stocks: Latest Quotes

Mon, 09/15/2014 - 9:48pm
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) down 0.4% ; Hong Kong (Hang Seng Index) trade delayed by typhoon ; Shanghai (Shanghai Composite Index) down 0.2% ; Sydney (S&P/ASX 200) down 0.1% ; Seoul (Kospi) up 0.4% Taipei (Taiex) down 0.4% Copyright © 2014 MarketWatch, Inc.
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Hong Kong Market Cancels Morning Trade Due To Typhoon

Mon, 09/15/2014 - 9:41pm
The morning trading session for Hong Kong markets has been cancelled due to rough weather caused by Typhoon Kalmaegi, according to a statement by the city's exchange operator Tuesday morning.
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Australia Stocks Slip, But Iron-ore Miners Rally

Mon, 09/15/2014 - 8:57pm
Australian stocks nosed lower early Tuesday, with the S&P/ASX 200 down 0.1% about 50 minutes into trade, extending a 1% drop in the previous session.
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Japan Stocks Slink Lower, But Softbank, Sony Gain

Mon, 09/15/2014 - 8:39pm
Japanese stocks started lower Tuesday despite benchmark futures having shown gains ahead of the open, with the market catching up to losses in Hong Kong and Sydney the previous day when Tokyo was closed for holiday.
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Cost of South Dakota Portion of Keystone Pipeline More than Doubled

Mon, 09/15/2014 - 6:05pm
The cost of the South Dakota portion of TransCanada Corp's Keystone XL pipeline has more than doubled to $1.974 billion in the last four years the project has awaited federal approval, the company said in a petition filed with the state Public Utilities Commission on Monday.
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United Offers Up to $100K If Workers Leave

Mon, 09/15/2014 - 5:44pm
United Airlines says it will offer flight attendants up to $100,000 in severance if they leave the company.
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Duke Energy to Spend $500M for More Solar Power

Mon, 09/15/2014 - 5:28pm
Duke Energy plans to invest $500 million in solar power to meet North Carolina's requirement that more of its electricity come from renewable energy, the country's largest electricity company said Monday.
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