News Highlights: Top Equities Stories Of The Day
October 13 2015 - 3:11AM
Dow Jones News
Barclays Preparing to Name Jes Staley Its CEO
The former J.P. Morgan Chase & Co. executive would succeed
Antony Jenkins, who was fired in July.
AB InBev Raises Proposal for SABMiller to $103 Billion
Anheuser-Busch InBev raised its proposal for SABMiller to $103
billion from its previous proposal of roughly $100 billion ahead of
a Wednesday deadline.
Anheuser Says Regulators Have Questioned Pending Distributor Buyouts
Anheuser-Busch InBev NV on Monday said the U.S. Justice
Department and California attorney general have questioned its
pending acquisitions of two California distributors.
BOJ Minutes Show Efforts to Put Core CPI at a Distance
Some Bank of Japan board members say a negative reading of
Japan's core price gauge doesn't mean a change in trend inflation,
meeting minutes show.
SAP Operating Income Rises 5%
German business software provider SAP SE posted a 5% increase in
operating profit for the third quarter, boosted by increased
adoption of its cloud products.
EMC Takeover Marks Return of Michael Dell
Michael Dell stepped out of the limelight when he took Dell
private two years ago. Now he is back with what promises to be the
biggest tech deal in history, a $67 billion acquisition of EMC.
UAW Healthcare Trusts Report $20.7 Billion 2014 Shortfall
Healthcare trusts created nearly a decade ago to cover medical
expenses for hundreds of thousands of Detroit's hourly retirees
reported a funding shortfall of $20.7 billion last year.
Twitter Suspends Sports Sites' Accounts for Sharing NFL Videos
Twitter accounts for Deadspin and SB Nation were suspended
Monday for sharing copyrighted NFL content.
Calpers to Propose Lowering Investment Target, Document Says
The largest U.S. pension fund could reduce its 7.5% return goal
by as much as a quarter percentage point a year, a move that could
lead to higher contributions from workers and local
governments.
Smashburger to Sell Stake to Jollibee
Smashburger Master LLC, one of the upmarket chains shaking up
the burger business, said it agreed to sell a 40% stake to Jollibee
Foods Corp. of the Philippines for $100 million.
Chesapeake Names Martin Nonexecutive Chairman
Chesapeake Energy Corp. said director R. Brad Martin was
appointed as the U.S. shale driller's nonexecutive chairman,
succeeding Archie W. Dunham, who will become chairman emeritus.
(END) Dow Jones Newswires
October 13, 2015 02:56 ET (06:56 GMT)
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