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Wednesday, March 14, 2012

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03/14/2012
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
Fed gives mostly high marks in bank stress tests
(Reuters) - Most of the largest banks passed their annual stress test, according to the Federal Reserve, in a conservative report card that underscored the recovery of the financial sector but called out a few laggards, including Citigroup.
Watsco to buy 60 percent of Carrier's Canada distribution business
(Reuters) - Watsco Inc said it has agreed to acquire 60 percent of Carrier's heating, ventilation and air-conditioning distribution network in Canada.
Japan's Sharp names new president as losses mount
OSAKA, Japan (Reuters) - Sharp Corp named the head of its global operations as president to turn around a company facing a record annual loss, the latest Japanese firm to shake up management after tumbling into the red on slumping TV sales.
Germany to privatize TLG Immobilien, TLG Wohnen-Finmin
BERLIN (Reuters) - Germany has begun the privatization of TLG Immobilien and its subsidiary TLG Wohnen, the finance ministry said in a statement on Thursday, adding interested parties must register by April 16. I
Greece's Alpha Bank to pull out of Eurobank merger plan
ATHENS (Reuters) - Greece's Alpha Bank will propose pulling out of a planned merger with Eurobank because of the impact of the country's bond swap deal on the banks, the lender said on Wednesday.
British Airways suspends code sharing pact with Kingfisher
HYDERABAD, India (Reuters) - British Airways has suspended its code sharing agreement with India's troubled Kingfisher Airlines , the UK carrier said on Wednesday.
Singapore's GIC invests $100 million in Indian hospitals chain
(Reuters) - Government of Singapore Investment Corp has invested $100 million for a minority stake in India's Vasan Health Care Pvt. Ltd.
Dell to buy SonicWall from Thoma Bravo
(Reuters) - Dell Inc said it would buy network and data security products maker SonicWall from an investor group, as the world's No.3 personal computer maker tries to tap the growing demand for online security by large companies.
Chesapeake, partners to build $900 million midstream complex
(Reuters) - Chesapeake Energy said it will partner with M3 Midstream and EV Energy Partners to build a $900 million complex that will process natural gas and natural gas liquids (NGLs) from the emerging Utica shale field in eastern Ohio.
EADS' Astrium interested in U.S. digital imagery firms
WASHINGTON (Reuters) - Europe's leading space company, Astrium, is "generally interested" in acquiring one of two U.S. digital imagery providers, GeoEye Inc or DigitalGlobe Inc , and would look carefully at a deal if the price was affordable, a top Astrium executive told Reuters on Tuesday.
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