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Corporate Actions
Exxon Deal Hunt Signals Possible Shale M&A Wave
A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash to work. Source link
Glencore Revises Bid for Teck Resources to Allay Coal Concerns
The commodities company said it would add a cash component to its roughly $23-billion merger proposal for the Canadian miner, as it seeks to cinch
CarMax Picks the Profit Lane
The used-car retailer has managed to increase its gross margins in a tough selling environment. Source link
Houston Apartment Owner Loses 3,200 Units to Foreclosure
The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows. Source link
Investors Warm Back Up to Health Insurance Stocks After Selloff
Markets UnitedHealth, CVS shares have rallied in April ahead of earnings Source link
Glencore Tweaks Bid for Teck Resources to Allay Coal Concerns
The commodities company said it would add a cash component to its roughly $23-billion merger proposal for the Canadian miner, as it seeks to cinch
Carrier Plots Separation of Fire Unit
WSJ News Exclusive Business Air-conditioning company aims to sell or spin off Fire & Security business Source link
Citi Long-Serving M&A Chief to Retire
One of Citigroup’s top dealmakers, Mark Shafir, is retiring from the investment bank. Source link
Newmont Raises Bid for Australia's Newcrest to $19.5 Billion
The takeover would be the largest-ever M&A deal in the gold-mining industry if successful. Source link
Lawmakers Trade Bank Stocks While Working on U.S. Bank-Failure Fallout
Two lawmakers reported trades in bank stocks last month as they worked on government efforts to address fallout from two of the largest bank failures