Consumer Goods & Retail Headlines

Fri, Oct 24 2014

UPDATE 1-U.S. appeals court rules for GM over Spyker's Saab sale

Oct 24 - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company.

Deals of the day-Mergers and acquisitions

Oct 24 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

UPDATE 2-Ford rejects push for investment in Ontario plants -union

TORONTO, Oct 24 - Ford Motor Co has rejected a pitch to make a new investment in its Windsor, Ontario, plants and decided to put the money in Mexico as the company originally planned, the head of Canada's main auto workers' union said on Friday.

U.S. appeals court rules for GM in Spyker's Saab sale lawsuit

Oct 24 - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company.

M&A, Markets, Bankruptcy, Stocks 24 Oct 2014

Ford rejects pitch for proposed investment in Ontario -union

TORONTO, Oct 24 - Ford Motor Co has rejected a proposal to invest in engine plants in Windsor, Ontario, and decided to put the money in Mexico as the automaker originally planned, the head of Canada's main auto workers' union said on Friday.

BRIEF-Fyffes says court meeting and EGM to be adjourned indefinitely

* Court meeting and EGM (convened for 28 October 2014) are to be adjourned indefinitely Source text for Eikon: Further company coverage: (Reporting by Abhiram Nandakumar in Bangalore)

UPDATE 1-Chiquita shareholders vote against Fyffes deal

Oct 24 - Banana producer Chiquita Brands International Inc said it would start takeover talks with Brazil's Grupo Cutrale and Safra Group after its shareholders voted against its proposed merger with Irish rival Fyffes Plc.

BRIEF-Fyffes ends merger agreement with Chiquita Brands

* Fyffes announces termination of transaction agreement with Chiquita

Stocks, M&A, Markets 24 Oct 2014
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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.