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Wednesday, February 19, 2014

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02/19/2014
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
VW workers may block southern U.S. deals if no unions: labor chief
BERLIN (Reuters) - Volkswagen's top labor representative threatened on Wednesday to try to block further investments by the German carmaker in the southern United States if its workers there are not unionized.
Google fund invests in education start-up Renaissance Learning
(Reuters) - Renaissance Learning, an education technology start-up, said on Wednesday that Google Inc's investment fund had bought a minority stake in the company, valuing it at $1 billion.
Peugeot's $3 billion loss shows rescue deal is just a start
PARIS (Reuters) - PSA Peugeot Citroen plans to build new cars and expand in Asia under a French-backed rescue deal agreed with China's Dongfeng, the carmaker said on Wednesday, as it posted a $3.2 billion loss that underscores the scale of the task ahead.
BAE Systems agrees pricing on Saudi Eurofighter deal
LONDON (Reuters) - British defense contractor BAE Systems has finally agreed pricing with Saudi Arabia on its long-delayed Eurofighter Typhoon jet deal with the Gulf state, potentially leading to more contracts across the region.
UK's Pets at Home plans $2.5 billion stock market debut
LONDON (Reuters) - Pets at Home is planning a London stock market debut that values Britain's biggest pet shop group at about 1.5 billion pounds ($2.5 billion), seeking to cash in on an improving outlook for consumer spending and the nation's love of pets.
Actavis to buy Forest for $25 billion; windfall for investor Icahn
(Reuters) - Generic drugmaker Actavis Plc said on Tuesday it would buy Forest Laboratories Inc for about $25 billion in cash and stock, giving it a major focus on higher-margin, branded treatments for Alzheimer's, hypertension and other disorders.
Vodafone details share proceeds from Verizon deal
LONDON (Reuters) - Vodafone said on Wednesday shareholders would receive 0.026 shares in Verizon Communications for each Vodafone share they own as part of their payout for the $130 billion sale of the group's stake in Verizon Wireless.
General Mills shopping for food deals in emerging markets
BOCA RATON, Florida (Reuters) - U.S. packaged foods group General Mills is looking to expand its business in faster-growing emerging markets, it said on Tuesday, as growth in its home market remains weak.
AIG holding BofA $8.5 billion settlement 'hostage,' investors say
NEW YORK (Reuters) - American International Group is holding "hostage" an $8.5 billion deal to compensate investors who bought Bank of America Corp mortgage securities, supporters of the deal said in court filings ahead of a hearing on Wednesday.
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.
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