It now appears imminent. Ford (NYSE: F) will sell its Jaguar and Rover brands to India's Tata Motors. According to the FT, "The sale is expected to have a price ... Read Full Story »
Markets in Eruope rose sharply at 4.40 AM New York time.The FTSE was up 3.3% to 5,678. Barclays (NYSE:BCS) was up 10.2% to 472.75. Lloyds ws up 7.1% to 465.The ... Read Full Story »
According to Reuters, the Justice Department has approved the Sirius (SIRI) merger with XM Satellite (XMSR).Reuters writes that JP Morgan (JPM) raised its offer for Bear Stearns (BSC) and took ... Read Full Story »
Markets in Asia were up sharply.The Niikkei rose 2.1% to 12,745. Honda (HMC) wsa up 4.4% to 3080. NTT (NTT) was down 2.9% to 432000.The Hang Seng rose 5.1% to ... Read Full Story »