Investors
HP says needs more time to decide on legal action on frauds claims acquisition of Autonomy
Hewlett-Packard has said it has already arrived at decisions on how to go about solving shareholders' securities fraud claims for the writedown it took on its Autonomy Plc acquisition, Reuters reported.
Harris Teeter Supermarkets Inc, Kroger Co say US FTC gives approval to deal
The US Federal Trade Commission has given its approval to the purchase of Harris Teeter by Kroger Co, according to a statement from both supermarket chains, Reuters reported.
Decline of insured US municipal bonds may be over- report
The amount of US insured municipal bonds was pegged at to $12.08 billion last year, the lowest since the financial crisis. However, Reuters reported that the steep decline may be over.
Jos. A. Bank Clothiers Inc's board asks stakeholders to refuse $1.6B Men's Wearhouse Inc hostile bid
Shareholders were asked by the Jos. A. Bank Clothier's Inc board to refuse a hostile bid amounting to $1.61 billion from Men's Wearhouse, Reuters reported.