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Deals Headlines

Activist investor urges sale of Barnes & Noble

Activist hedge fund Sandell Asset Management Corp on Tuesday urged Barnes & Noble Inc to sell itself, saying the struggling U.S. bookstore chain operator could attract media or internet companies seeking a retail presence.

Toshiba board to meet Wednesday, weigh offers for chip unit: source

Toshiba Corp's board will meet on Wednesday to consider offers for its chip unit from Western Digital and Taiwan's Foxconn in addition to a bid from a consortium that was previously favorite, a source familiar with the matter said. Toshiba is scrambling to sell its flash memory unit to cover losses from its bankrupt U.S. nuclear business Westinghouse.

Brazil's Camil files for IPO

Brazilian food processor Camil Alimentos SA filed on Tuesday with the country's securities industry regulator for an initial public offering of shares.


Senate votes to open debate on healthcare repeal

WASHINGTON U.S. Senate Republicans narrowly agreed on Tuesday to open debate on a bill to repeal Obamacare, but the party's seven-year effort to roll back Democratic President Barack Obama's signature healthcare law still faces significant hurdles. | Video