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Proxy advisory firm ISS says Qualcomm should negotiate sale to Broadcom

U.S. semiconductor company Qualcomm Inc should try to negotiate a sale to Broadcom Ltd following the latter's sweetened $121 billion offer, proxy advisory firm Institutional Shareholder Services Inc (ISS) said.

Recent Business News

U.S. seeks to block AT&T from citing Trump opposition in merger lawsuit

WASHINGTON The U.S. Department of Justice on Friday moved to prevent AT&T Inc from arguing that politics played a role in the government's decision to stop its merger with Time Warner Inc , a deal that President Donald Trump had publicly criticized.

Feb 16 2018

GE faces shareholder lawsuit over insurance shortfall, SEC probe

NEW YORK General Electric Co was sued on Friday by a shareholder who accused the conglomerate of concealing mounting insurance liabilities and a U.S. Securities and Exchange Commission probe, saying it cost shareholders tens of billions of dollars.

Feb 16 2018

Exclusive: Indian banks may take more than $3 billion hit from PNB fraud - tax department

NEW DELHI Indian banks could take a hit of more than $3 billion from loans and corporate guarantees provided to diamond companies at the center of a massive alleged fraud at the state-run Punjab National Bank, the tax department has estimated.

11:59am EST

Backstory: Warren Buffett's Valentine's Day surprise for investors

NEW YORK Warren Buffett had a Valentine’s Day surprise for investors in Teva Pharmaceutical Industries Ltd .   

Feb 16 2018

ADM, Syngenta settle lawsuit over biotech corn exports to China

CHICAGO U.S. grain merchant Archer Daniels Midland Co has settled a lawsuit with Syngenta over the seed company's launch of a biotech corn strain that roiled grain exports to China, according to regulatory documents filed on Friday.

Feb 16 2018

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