Legal & Regulatory
Michigan joins American Airlines-US Airways suit to block merger
Michigan had joined six other states in a lawsuit to block the proposed merger of US Airways and American Airways to create the world's largest airline company.
US unlikely to block Smithfield’s products
According to a Reuters report, the US government would likely give its approval for the Smithfield Food Corp. and Shuanghui International Holdings USD4.7 billion deal.
Trader pays USD5.2 million settlement for Smithfield insider trading case
A Thailand based trader was ordered to pay USD5.2 million to settle civil charges filed against him for publicly trading call options and single stock futures before the announced acquisition plan of Shuanghui International Holdings for Smithfield Foods Corp.
Three German companies move up to MDAX
Osram Licht AG, RTL Group and Evonik Industries would be moved to the MDAX of the Frankfurt bourse. Three major German firms would be added to the country's mid-cap index MDAX after their stocks were floated in the Frankfurt Stock Exchange in the earlier part of the year.