FMX | Connect – www.fmxconnect.com - (Reported 6/02/2010)
- Asian stock markets were mostly lower with the Japanese market somewhat volatile.
- Australia's economic growth slows in first quarter as businesses cut spending.
- Corn syrup producers acknowledge opponents are souring US market for common sweetener.
- EU antitrust regulators to probe Siemens and Areva nuclear non-compete deals.
- EU ministers affirming commitment to adding western Balkan countries to the Union.
- Japanese PM will quit in less than nine months after taking office, on US base row.
- Tobacco loophole in Obama's child health law costs US $250M as companies avoid huge tax hike.
- US launches criminal and civil investigations into the Gulf of Mexico oil spill.
- Air Products extends tender offer to acquire Airgas for $60/per share in all cash.
- AT&T clamps down on wireless phone data usage with new plans.
- Barclays buys carbon trader Tricorona for $145M.
- BP oil leak may last until Christmas in worst case scenario.
- Oil nears Florida as BP tries risky cap move.
- Caterpillar pushing further into the rail business, to pay $820M for Electro-Motive Diesel.
- Citigroup positioning CitiFinancial consumer-lending unit to grow and to be sold more easily.
- Covidien PLC agreed to buy vascular device maker ev3 Inc. for $2.6B.
- Dubai Holding's realty and hospitality arm posts $6.2B loss in 2009.
- EADS backs '10 outlook; hopes to pay out dividend for '10.
- HP to shed 9,000 jobs over several years as it spends $1B automating data centers.
- Icahn again extended his tender offer for Lions Gate, eliminates his majority-control condition.
- JoS A Bank profit up 38% to $15.8 million.
- Lukoil beats forecasts with $2 billion net income in first quarter.
- Nu Skin announces increase of $150M in stock repurchase program.
- Prudential to scrap AIA purchase from AIG, drop $21B rights offer.
- Telefónica hikes offer for Portugal Telecom's stake in Vivo to €6.5B from €5.7B.
- Tenet Healthcare eyes Healthscope buyout to tap private care in Australia.
- US probes Ford Fusion, Mercury Milan floor mats and pedals.
Source:
ZeroHedge
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