Sectors
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.
Trial for Fiat's fight over Chrysler to start by 2015
According to a Delaware judge, ample time would be needed prior to the start of the trial for the Fiat-Chrysler deal.
Source: AT&T, Sawiris eye on Telecom Italia
After the Verizon-Vodafone USD130 billion deal, AT&T and Billionaire Tycoon Naguib Sawiris was reported to see Telecom Italia to be its next target.
Portugal shortlists bidders for Caixa Seguros
Caixa Seguros bidders whittled down to two. The government of Portugal had decided to include two companies as bidders for the privatization of insurance arm of state bank Caixa Geral de Depositos.




