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SEC sues over alleged hoax Avon, Rocky Mountain bids

NEW YORK, June 4 (Reuters) – The U.S. Securities and Exchange Commission on Thursday accused a Bulgarian man and several corporate defendants of submitting bogus takeover bids for Avon Products Inc… Source
Posted On 05 Jun 2015

UPDATE 1-Royal Mail, Johnson Matthey lead Britain’s FTSE lower

* Airline easyJet bucks trend after traffic update (Updates price moves) Source
Posted On 05 Jun 2015

OPKO Health to buy Bio-Reference in $1.47 bln deal

June 4 (Reuters) – OPKO Health Inc agreed to buy clinical laboratory operator Bio-Reference Laboratories Inc in a stock deal valued at $1.47 billion to bolster its diagnostics business. Source
Posted On 05 Jun 2015

Samsung C&T, Cheil shares jump after U.S. fund criticises proposed takeover

SEOUL, June 4 (Reuters) – Samsung C&T Corp shares opened up more than 9 percent, after a U.S.-based hedge fund said it took a stake in C&T and criticised an all-stock takeover offer from Cheil… Source
Posted On 05 Jun 2015

Samsung C&T, Cheil shares jump after U.S. fund criticises proposed takeover

SEOUL, June 4 (Reuters) – Samsung C&T Corp shares opened up more than 9 percent, after a U.S.-based hedge fund said it took a stake in C&T and criticised an all-stock takeover offer from Cheil… Source
Posted On 04 Jun 2015

UPDATE 2-Tesco hires HSBC to explore sale of $6 bln S.Korea arm-sources

* Dunnhumby sale progressing with possible 1 bln stg price (Adds details, reaction) Source
Posted On 04 Jun 2015

Britain’s FTSE falls, led lower by Johnson Matthey

* Airline easyJet bucks trend after traffic update (Updates stock moves, adds comments) Source
Posted On 04 Jun 2015

UPDATE 1-ABB shares jump on activist investor Cevian’s stake

ZURICH/STOCKHOLM, June 4 (Reuters) – Activist investor Cevian has a stake of more than 3 percent in ABB, the Swiss engineering group said on Thursday, sending its shares to their highest in more than… Source
Posted On 04 Jun 2015

UPDATE 2-J.M. Smucker’s profit misses estimates on higher coffee costs

* Shares fall as much as 4 pct (Adds details, executive and analyst comments; updates shares) Source
Posted On 04 Jun 2015

UPDATE 1-Tesco hires HSBC to explore sale of $6 bln S.Korea unit-sources

* Tesco Korea ops had about $750 mln EBITDA for full yr -source Source
Posted On 04 Jun 2015