Sectors
U.S. OKs $1.75 billion sale of Patriot PAC-3 missiles to Saudi Arabia
The U.S. State Department has approved a $1.75 billion sale to Saudi Arabia to upgrade its Patriot air defense system with PAC-3 missiles, a deal that would benefit Lockheed Martin Corp (LMT.N) and Raytheon Co (RTN.N), the Pentagon said Wednesday.
Australia clears Expedia's $610 million Wotif.com takeover
Australia's antitrust regulator on Thursday cleared online travel giant Expedia Inc to buy local rival Wotif.com Holdings Ltd, saying it did not expect the A$699 million ($610 million) deal to substantially lessen competition.
Coca-Cola, bowing to pressure, amends employee equity plan
Coca-Cola Co, facing criticism from Warren Buffett and other investors for its outsized employee share rewards, said it had adopted new guidelines that would limit its stock compensation plan and improve transparency.
DirecTV keeps NFL Sunday Ticket in $1.5 billion a year deal
DirecTV (DTV.O) extended its exclusive contract to sell the Sunday Ticket package of National Football League games, and sources said the company will pay $1.5 billion a year to keep the popular offering that has helped attract subscribers.