TOP STORIES
DOLLAR TREE TO BUY FAMILY DOLLAR
Dollar Tree agreed to acquire Family Dollar Stores in a
cash-and-stock deal that values the struggling discount retailer at
about $8.5 billion. Family Dollar shares jumped 22%; Dollar Tree up
8%.
RUSSIA ORDERED TO COMPENSATE YUKOS SHAREHOLDERS
The Permanent Court of Arbitration in The Hague has ruled that
Russia owes former shareholders of the now-defunct oil giant Yukos
more than $50 billion in compensation.
ZILLOW TO BUY REAL-ESTATE RIVAL TRULIA
Zillow reached a deal to buy Trulia, bringing together two big
names in the market for online real-estate information. Zillow will
issue about $3.5 billion in stock to acquire Trulia. Shares of
Trulia rose 11%; Zillow down 4%.
TYSON'S PROFIT UP; TO SELL SOME OPERATIONS
Tyson Foods said its fiscal 3Q profit rose to $260 million, or
73c a share, on higher prices and volumes, while the food giant
prepared to close its deal to buy Hillshire Brands. Sales rose 11%
to $9.68 billion.
U.S. STOCKS TRADE MIXED
U.S. stocks traded mixed as investors eyed a busy week of
economic data and corporate earnings. On Friday, U.S. stocks sold
off broadly, with the Dow industrials posting their biggest slide
in a week.
CRUDE-OIL FUTURES TRADE LOWER AMID WEAK GLOBAL DEMAND
Crude-oil futures were lower as traders focused more on low
demand in Europe and Asia than on geopolitical tension in several
parts of the globe.
APPLE'S BEATS DEAL GETS NOD FROM EU
European Union antitrust regulators approved Apple's $3 billion
acquisition of Beats Electronics, the music-streaming service and
headphone maker founded by rapper Dr. Dre and music mogul Jimmy
Iovine.
J.P. MORGAN EXAMINED FOR CONFLICTS OF INTEREST
Regulators have questioned J.P. Morgan Chase executives in
recent months about whether the firm steers private-banking clients
to its own investment products, according to people familiar with
the matter.
CHINESE OFFICIALS VISIT MICROSOFT OFFICES
Chinese corporate regulatory officials visited Microsoft's
offices in four Chinese cities, according to people familiar with
the matter. The person said officials questioned some
employees.
GERMANY TO BACK TOUGHER RUSSIAN SANCTIONS
Germany is willing to back tougher sanctions that target
specific sectors of the Russian economy during talks of EU
officials in Brussels on Monday and Tuesday, a government official
said.
HOSPIRA MAY BUY DANONE MEDICAL-NUTRITION UNIT
Hospira has emerged as a bidder for Danone SA's
medical-nutrition unit in a deal that could be worth about $5
billion and mark the latest in a flurry of so-called inversion
deals designed to sidestep U.S. taxes, according to a person
familiar with the matter.
======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES =======
Analysis
IN INVERSION DEALS, U.K. IS A WINNER
U.S. businesses are buying foreign companies in countries with
lower tax rates, and Britain is emerging as the most popular
landing spot because American executives are comfortable with its
location, language and lifestyle.
Grand Central
TIME TO TAKE MEASURE OF FUZZY U.S. GROWTH ACCOUNTING
The Commerce Department will release fresh estimates of second
quarter economic growth Wednesday, just as Federal Reserve
officials begin their second day of policy meetings. Sign up here
for The Wall Street Journal's daily report on global central
banks.