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Wednesday, February 5, 2014

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02/5/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Exclusive: JPMorgan in exclusive talks with Mercuria on commodities sale
LONDON (Reuters) - Fast-growing trading house Mercuria, led by two former Goldman Sachs executives, emerged as the front-runner to buy the physical commodities unit of JPMorgan , one of the most powerful oil and metals desks on Wall Street, two sources told Reuters.
Sony in talks to sell PC business to investment fund: Nikkei
(Reuters) - Sony Corp is in talks to sell its poorly performing personal computer business to investment fund Japan Industrial Partners for up to 50 billion yen ($490 million), the Nikkei daily reported.
U.S. judge approves JPMorgan's $543 million deal to settle Madoff claims
NEW YORK (Reuters) - A federal bankruptcy judge on Tuesday approved JPMorgan Chase & Co's $543 million deal to end two private lawsuits stemming from its relationship with convicted Ponzi scheme mastermind Bernard Madoff.
Google executive chairman expects U.S. approval of Lenovo-Motorola deal
WASHINGTON (Reuters) - Google Inc Executive Chairman Eric Schmidt expressed confidence on Monday that Lenovo Inc would gain approval from U.S. regulators to buy Google's Motorola smart-phone hardware business in what would be China's biggest technology acquisition to date.
Entegris to buy fellow chip industry supplier ATMI for $1.15 billion
(Reuters) - Entegris Inc said it would buy ATMI Inc for $1.15 billion, bringing together two key suppliers of high-purity materials and packaging systems used in the manufacture of semiconductors.
U.S., defense attorneys spar over Chinese reverse merger case
WASHINGTON (Reuters) - U.S. prosecutors on Tuesday tangled with defense attorneys over how the Justice Department is pursuing a fraud case against a former executive of a Chinese reverse merger company, one of the first such criminal cases being pursued.
India's Godrej Consumer to raise stake in Africa's Darling Group
MUMBAI (Reuters) - Indian personal care products maker Godrej Consumer Products Ltd said it will increase its stake in African hair-care firm Darling Group that will give it control of the latter's Nigerian business.
Volkswagen mulls raising stake in truck maker Scania: WSJ
FRANKFURT (Reuters) - Volkswagen is considering raising its stake in Swedish truck maker Scania , the Wall Street Journal's website reported late on Tuesday, citing financial sources.
Wilbur Ross-backed Diamond S Shipping files for IPO of up to $100 million
(Reuters) - Diamond S Shipping Group Inc, which is backed by billionaire-investor Wilbur Ross, filed with U.S. regulators to raise up to $100 million in an initial public offering of its common stock.
Online ad provider Rubicon Project files for IPO of up to $100 million
(Reuters) - The Rubicon Project Inc, which provides online advertising services, filed with U.S. regulators on Tuesday to raise up to $100 million in an initial public offering of its common stock.
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