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Monday, December 30, 2013

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12/30/2013
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
Nokia Solutions chairman to step down after Microsoft deal
HELSINKI (Reuters) - Nokia said the chairman of its networking equipment unit, Nokia Solutions and Networks (NSN), will step down following the sale of the Finnish company's mobile phone business to Microsoft.
Crocs to receive $200 million from Blackstone, CEO to retire
NEW YORK (Reuters) - Crocs Inc said Blackstone Group LP is making a $200 million investment that will give the private equity firm a 13 percent stake in the shoe company.
Cooper Tire terminates $2.5 billion sale agreement with India's Apollo
MUMBAI/BANGALORE (Reuters) - Cooper Tire & Rubber Co said on Monday it was terminating a proposed $2.5 billion sale to Apollo Tyres Ltd , saying the Indian tyre maker had failed to find financing for the transaction.
PepsiCo franchisees open talks on latest intra-UAE merger
DUBAI (Reuters) - Dubai Refreshments (DRC) said on Monday it would open talks with fellow PepsiCo franchisee, Abu Dhabi Refreshments Company, about a possible merger, in the latest example of United Arab Emirates rival firms to consolidate.
Henkel CEO dampens prospects for acquisitions: paper
BERLIN (Reuters) - German consumer goods group Henkel dampened expectations it was looking at acquisitions soon, saying the market currently offers few takeover opportunities, Handelsblatt reported, citing Chief Executive Kasper Rorsted.
Wells Fargo ordered to buy back securities worth $94 million
(Reuters) - An arbitration panel has ordered Wells Fargo & Co's brokerage unit to buy back about $94 million of auction-rate securities from investors.
Godiva owner Yildiz to buy DeMet's Candy for $221 mln
(Reuters) - Private equity firm Brynwood Partners said it will sell its stake in DeMet's Candy Company, the U.S. maker of Flipz chocolate pretzels and Turtles covered nut clusters, to Turkey's Yildiz Holdings for $221 million.
Boston, Philadelphia laws firms in merger talks: sources
(Reuters) - The Boston law firm Nixon Peabody is in merger talks with Blank Rome in Philadelphia, two sources familiar with the talks said on Friday.
U.S. economic growth gauge strengthens slightly: ECRI
NEW YORK (Reuters) - A measure of future U.S. economic growth increased last week while the annualized growth rate slowed, a research group said on Friday.
U.S. bank watchdogs to consider Volcker rule tweak
WASHINGTON (Reuters) - U.S. bank regulators said on Friday they would consider allowing banks to hold on to certain complex securities despite a new rule limiting risky investments.
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