Mergers & Acquisitions
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Merck eyes deals, growth through 2013
Merck's CEO sees profit growth from 2010 to 2013 despite looming generic competition for two of its biggest drugs, and has the appetite to buy a big biotechnology company if the right deal comes along. Full Article
Cuban tempers talk
Mark Cuban made his fortune on the Internet, and made his name by sharing his blunt opinions, both courtside and online. But after the SEC charged him with insider trading, he was more subdued. Full Article
Glitzy Greenwich losing its sparkle
As many hedge funds suffer big losses and anxious investors yank out their money, the town synonymous with the riches of their recent glory is now hurting. Full Article
Taking hits in Asia
Private equity firms rushed to Asia in the last few years to cash in on the region's booming economy, only to find a tougher than expected deal climate. The economic slowdown and recent market volatility has made the going even worse. Full Article
Autos should not get aid: bank body IIF
Pleas by the big three U.S. carmakers for a $25 billion aid package should go unheeded as they do not represent a systemic risk to the economy in the same way as financial institutions, the head of leading bank body IIF says. Full Article
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Aetna CEO says taking market share
NEW YORK (Reuters) - Aetna Inc is confident in its prospects and is taking market share despite uncertainty over health-care reform and the broader economic climate that has weighed on its shares, the head of the No. 3 U.S. health insurer said on Wednesday. Full Article
Reuters Conferences
| Event | Date | Location |
|---|---|---|
| IFR's Mediterranean Covered Bonds | 27 Nov | Madrid |
| EVCJ's Venture Capital Fundraising Forum | 3 Dec | London |
| Buyouts Texas | 11-12 Dec | Dallas |
