Power-Generation Company Calpine Agrees to Be Sold to Consortium
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Private-equity firm Energy Capital Partners and a group of co-investors has agreed to buy power-generation company Calpine for $5.6 billion.
Third Bidder Emerges in Battle for Energy Future's Oncor
Warren Buffett's battle for control of a Texas power company took a turn Friday as a new mystery bidder emerged to challenge Berkshire Hathaway Inc.'s $9 billion offer.
Farm Slump Slows Deere's U.S. Sales
Equipment maker Deere continues to face headwinds from the troubled U.S. farm economy.
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Two Tenet Board Members Resign, Setting Up Potential Proxy Fight
Glenview Capital Management, the largest institutional shareholder in Tenet Healthcare, said in a securities filing it could push for a sale of the hospital company or new leadership.
SEC to Drop Civil Charges Against Ex-J.P. Morgan 'London Whale' Traders
Federal regulators said they would drop civil charges against two former J.P. Morgan Chase & Co. traders at the center of the 2012 "London Whale" saga, ending the last U.S. case against traders involved in a debacle that cost the New York bank more than $6 billion.
Poland Spring Suit Accuses Nestlé of 'Colossal Fraud'
Nestlé is facing a lawsuit in the U.S. alleging that its Poland Spring brand is "common groundwater" rather than spring water, which the suit claims makes the marketing of Poland Spring water a "colossal fraud."
Foot Locker Sales Miss Weighs on Sector
Foot Locker reported worse-than-expected same-store sales in its latest quarter, a sign that the 'athleisure' market may be running out of steam.
U.S. Unit of Intesa Sanpaolo Agrees to Pay $35 Million Over Mishandling ADRs
A U.S. subsidiary of Italian bank Intesa Sanpaolo SpA has agreed to pay $35 million to settle claims that it improperly obtained and lent foreign shares to clients, marking the second time regulators have penalized a broker-dealer based on a wide-ranging probe of the market.
The Latest Front in Battling Hate Groups: Credit Cards
Payments and credit-card companies including American Express, Discover and PayPal are booting dozens of individuals and groups associated with right-wing extremist movements off their systems.
Suniva Requests Bonus for Employee at Center of Tariff Case
Suniva is asking bankruptcy court permission to pay off an employee who the solar-cell manufacturer says is critical to winning the Trump administration's support for trade tariffs.
(END) Dow Jones Newswires
August 18, 2017 19:15 ET (23:15 GMT)