Sherwin-Williams to Buy Paint Rival Valspar for $9.3B
Sherwin-Williams has agreed to acquire rival U.S. paint company Valspar in an all-cash deal valued at about $9.3 billion.
Starwood Inclined to Go With Improved Anbang Bid
Starwood (HOT) has deemed a raised $78/share, or $13.2B, buyout offer from a Chinese group led by Anbang Insurance to be superior to the largely stock deal the hotelier reached in November with rival Marriott (MAR).
Is Buyout Bid of Starwood from Chinese Group a National Security Threat?
Could the growing number of Chinese companies acquiring U.S. firms pose a threat to the security of the United States?
National security threat as Chinese deals accelerate in U.S.?
China taking over U.S. companies
Unnamed Group Making a Run at Starwood
Four months after cinching a buyout deal with rival Marriott (NYSE:MAR), Starwood (NYSE:HOT) says it's received a nonbinding proposal from an unnamed "consortium of companies" at $76/share in cash, or $12.8B and versus MAR's largely stock deal initially valued at $12.2B but currently worth closer to $11B, or $65.38/share.
The Fed’s Achilles Heel - Volatility
The recent surge in volatility could slow the U.S. economic recovery and that may create a new headache for the Federal Reserve.
Top business stories: A year of US economic might, hacker attacks, tumbling oil prices
This year showed how sheltered the U.S. economy is from geopolitical and health crises around the world.
Top business stories: A year of US economic might, hacker attacks, tumbling oil prices
This year showed how sheltered the U.S. economy is from geopolitical and health crises around the world.
Top Business Stories of 2014: US Grows, World Slows
This year showed how sheltered the U.S. economy is from geopolitical and health crises around the world.
General Electric’s Shrinkage is a Good Thing
GE is oh so close to becoming a growth industrial stock after years of being a stagnant one, now that the industrial giant ahead of schedule in jettisoning the bulk of GE Capital.
M&T Bank, Hudson Deal Delayed Amid Regulatory Concerns
M&T Bank says its acquisition of Hudson City won't close until later next year as it struggles to address money laundering concerns raised by the Fed.
Fed directs 8 biggest US banks to hold extra capital to reduce chance of future bailouts
Federal regulators are directing the eight biggest U.S. banks to hold capital at levels above industry requirements, to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.
Treasury Department selling last of its stake in Ally Financial taken in 2008 bailout
The government is selling the last of its shares in Ally Financial Inc., the former financing arm of General Motors that was bailed out during the financial crisis.
U.S. Unveils Rules to Make Corporate Inversions More Difficult
The Treasury Department on Thursday released new rules to restrain U.S. companies from putting their addresses in foreign countries to reduce their tax bills.
Office Depot-OfficeMax deal gets U.S. antitrust nod
A deal to combine No. 2 U.S. office supply retailer Office Depot Inc with smaller rival OfficeMax Inc has won approval from the U.S. Federal Trade Commission, the companies said in a joint statement on Friday.
Tie-up Turbulence Unlikely to Derail American-US Airways Marriage
Despite the government's lawsuit, the merger can still be saved if the airlines agree to key concessions. • Merger Good for the Industry?
CEOs of Aetna, Anthem make case for big health insurance mergers; panel looks at competition
The leaders of two major health insurers planning separate multi-billion dollar acquisitions made the case for the deals to Congress as senators questioned whether they would hurt competition and raise prices for consumers.
Despite record sales, New Jersey's lottery earnings are worst since 2009
New Jersey is still waiting for the big lottery payoff.
Are 3 big insurers a flashing light for regulators? A long, close look at mergers expected
Would a reduction from five health insurance giants to three trigger a flashing light for regulators concerned about industry competition? That's how many big companies could remain after the proposed combinations of Anthem with Cigna and Aetna with Humana, and experts say it would at a minimum bring close scrutiny of the deals.
House, Senate GOP finishing bill to privatize sales of wine, liquor in Pennsylvania
A bill to allow private licensees to take over the state-controlled sale of wine and liquor in Pennsylvania is under construction by House and Senate Republicans, with votes possible in the coming days, an architect of the plan said Friday.