  | | | S&P 500 ends up slightly after M&A activity | | NEW YORK (Reuters) - Stocks edged higher on Tuesday, following Wall Street's biggest weekly gain of the year, as merger activity boosted confidence that there is value in the market even as the S&P 500 nears a record high. | | | |  | | | Dongfeng deal buys time and new blood for Peugeot | | PARIS (Reuters) - PSA Peugeot Citroen and China's Dongfeng have agreed a 3 billion euro ($4.1 billion) capital tie-up that brings the troubled French carmaker new leadership, more time to turn its business around and an end to two centuries of family control. | | | |  | | | More weak U.S. economic data puts cracks in weather theory | | WASHINGTON (Reuters) - U.S. homebuilder confidence suffered its largest one-month drop ever in February, heightening concerns that recent signs of weakness in the economy reflect deeper problems than the severe weather that has gripped much of the country. | | | |  | | | Pimco's Gross tries again to soothe clients | | (Reuters) - Pimco's Bill Gross, manager of the world's largest bond fund, on Tuesday sought to reassure the firm's clients about the new leadership structure he has put in place since his heir apparent stunned the investment community last month by announcing his departure. | | | |  | | | Candy Crush Saga maker King plans U.S. stock market debut | | STOCKHOLM (Reuters) - King, the company behind the hit mobile phone game "Candy Crush Saga," is planning a U.S. stock market debut that some analysts think could value it at more than $5 billion and herald a flurry of technology company listings this year. | | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
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