Wednesday, February 22, 2017

Buffett didn't fail in Unilever deal; he dodged an 'elephant gun' bullet: Op-ed

Warren Buffett didn't flop in the failed Kraft Heinz bid for Unilever; he dodged a bullet.

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EU regulators set to clear Dow, DuPont deal: Report

EU antitrust regulators are set to clear the $130 billion merger of Dow Chemical and DuPont.

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Kraft's $143 billion takeover bid for Unilever was a flop for its biggest investors

Warren Buffett isn't used to big losses, and the failed Kraft Heinz bid for Unilever is a big one.

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UK to draw up response to foreign takeovers of firms in key sectors

Business secretary’s announcement comes after bid for Unilever and amid continued concerns for jobs at carmaker Vauxhall

The business secretary, Greg Clark, is to outline plans on how the government should respond to foreign takeovers of UK firms in crucial sectors such as nuclear power.

Clark told an audience at EEF’s annual manufacturing conference in London that proposals would be set out in coming weeks.

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We price drugs in line with innovation potential: Bayer CEO

“We price our drugs in line with their innovation potential and in line with the competitive environment,” Bayer's CEO told CNBC.

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Fresh from fending off Kraft, Unilever to review its options; shares rise

Unilever said it was reviewing its options to increase shareholder value, days after it rejected a surprise $143 billion takeover bid from Kraft Heinz.

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TJX Companies Q4 Results Beat View, Plans Dividend Increase

Off-price retailer TJX Companies, Inc. reported a nearly 2 percent increase in profit for the fourth quarter from last year, reflecting higher sales and customer traffic. Both revenue and earnings per share for the quarter beat analysts' expectations. The company forecast earnings for the first quarter below the Street estimates and projects fiscal 2018 earnings above their expectations.

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