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AT&T in talks to buy DirecTV for about $50 billion

USA TODAY - 1 hour ago

AT&T is in discussions to buy DirecTV for about $50 billion to expand its video offerings and avoid being left out in consolidation hitting the pay-TV industry.

UPDATE 3-AT&T in talks to buy DirecTV for nearly $50 bln -sources  Reuters
AT&T Could Strike $50 Billion Deal for DirecTV  Wall Street Journal
New York Times   Related articles »  

Dow Average and S&P 500 Hit New Highs

Wall Street Journal - 14 hours ago

Investors snapped up shares of companies large and small, driving major indexes to records and reviving beaten-down technology stocks.

Wall Street sets records after traders push indexes up overnight  ABC Online
Dow, S&P 500 end at record highs; DirecTV up late  Reuters
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Acquisition of Pinnacle Foods Inc. by Hillshire Brands Company May Not Be in ...

Wall Street Journal - 3 hours ago

SAN DIEGO and PARSIPPANY, N.J., May 12, 2014 /PRNewswire/ -- Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Pinnacle Foods Inc. (NYSE: PF) by Hillshire Brands Company (NYSE: HSH).

Survey reveals auto suppliers' favorite automakers to work with  WWMT-TV
Hillshire Pays Rich Price to Buy Pinnacle Foods  Barron's
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In Rejecting Merger Bid, Allergan Focuses on Strategy

New York Times - 14 hours ago

Botox is one of Allergan's best-known products. Joshua Lott for The New York TimesBotox is one of Allergan's best-known products.

UPDATE 1-Ackman asks for Allergan's stockholder list  Reuters
Allergan tells Valeant and Ackman to get lost  USA TODAY
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Chrysler loses $690M in Q1 on special charges

The Detroit News - 4 hours ago

An assembly line worker builds a 2015 Chrysler 200 automobile at the Sterling Heights Assembly Plant in Sterling Heights. (Paul Sancya / AP).

Chrysler loses $690 million in 1Q after paying UAW health care trust  Detroit Free Press
Chrysler Posts Adjusted Profit of $486M; Backs 2014 Outlook  Fox Business
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Credit Suisse deal with US authorities could top $2B: Report

CNBC.com - 3 hours ago

New York state's banking regulator is seeking hundreds of millions of dollars from Credit Suisse in a probe into potential tax evasion that could push a settlement with U.S.

Credit Suisse deal with US authorities could top $2 billion: Sources  Economic Times
Credit Suisse CEO Pressured To Resign After Tax Dodging Scheme Unveiled  malaysiandigest.com
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TECH STOCKS: Twitter, Pandora Gains Lead Broad Tech Rise

NASDAQ - 5 hours ago

SAN FRANCISCO (MarketWatch) -- Tech stocks started the week on a strong note Monday, with Twitter Inc. and Pandora Media Inc. among the day's big gainers as both companies benefitted from upgrades by Wall Street analysts.

Twitter Inc (TWTR) vs. Facebook Inc (FB): A Shrinking Monetization Gap  ValueWalk
Time To Buy Twitter, SunTrust Analyst Says  Forbes
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Inmarsat to offer free basic tracking service following loss of Malaysian plane