TOP STORIES
BREXIT SHOCKWAVES HIT MARKETS AGAIN
U.S. stocks were lower Monday as the aftershocks of the U.K.'s
vote to leave the European Union continued to ripple through
financial markets.
MEDTRONIC TO BUY HEARTWARE FOR $1.1 BILLION
Medtronic said it agreed to acquire HeartWare International Inc.
for $1.1 billion, adding more heart-failure products to the
medical-device maker.
SUPREME COURT TURNS AWAY DEBT BUYER APPEAL ON LOANS SOLD BY NATIONAL BANKS
The Supreme Court on Monday turned away a banking industry
appeal that sought to allow debt buyers to charge the same interest
rates as banks regardless of a limit on rates set in some
states.
PEPSICO TO REINTRODUCE ASPARTAME- SWEETENED DIET PEPSI
PepsiCo said it would reintroduce the aspartame-sweetened
version of Diet Pepsi in U.S. stores in September, its latest
attempt to halt plunging diet cola sales.
EU LEADERS DEBATE 'BREXIT' TIMING
Pressure abated on the U.K. to serve swift notice of its
intention to leave the EU after last week's referendum, as senior
European policy makers suggested Britain should be allowed time to
rethink the decision.
U.K.'S OSBORNE TRIES TO REASSURE MARKETS
U.K. Treasury chief George Osborne moved to reassure households,
businesses and financial markets that the U.K. economy remains
resilient, after Britons chose to exit the European Union in a
referendum last week.
AMAZON TO EXPAND DASH BUTTONS, BUT DO SHOPPERS WANT THEM?
Amazon this week plans to announce it is adding dozens of new
brands to its Dash buttons feature that enables shoppers to order
consumer items by pressing a button.
AMERICAN FINANCIAL RAISES OFFER FOR NATIONAL INTERSTATE
American Financial Group raised its offer to buy the remaining
stake it doesn't currently own in National Interstate, sweetening
its takeover offer for the commercial truck insurer by 2.5%.
GREEN DOT NAMES JACOBS NEW CHAIRMAN AS EXEC ROLES ARE SPLIT
Green Dot on Monday named William I. Jacobs chairman of its
board, as the financial technology company separated its chairman
and chief executive roles.
EU CLEARS MARRIOTT'S ACQUISITION OF STARWOOD
The EU unconditionally cleared Marriott International's roughly
$13.6 billion takeover of Starwood Hotels, saying the proposed
merger wouldn't harm competition in the region.
U.S. LOOKS SMOOTH TRANSITION FOR EU AFTER 'BREXIT'
The U.S. will do everything in its power to smooth the
transition in the EU following Britain's vote to leave the bloc,
Secretary of State John Kerry said as he called on European leaders
to react calmly to the U.K.'s decision.
SKULLCANDY GETS SECOND BUYOUT OFFER
Skullcandy Inc. said private-equity firm Mill Road Capital
Management had taken a nearly 10% stake in the company and made an
unsolicited buyout offer.
DENTSPLY SIRONA TO BUY MIS IMPLANTS
Dentsply Sirona said it agreed to buy dental implant systems
manufacturer MIS Implants Technologies for $375 million.
YELLEN PANEL WITH CARNEY CALLED OFF AFTER 'BREXIT' VOTE
A heavyweight debate in Portugal featuring Federal Reserve Chair
Janet Yellen and Bank of England Governor Mark Carney has been
canceled in the wake of Britain's historic decision to exit the
European Union.
CHINA RESOURCES ARM AIMS FOR MUSCULAR HONG KONG IPO
China Resources Pharmaceutical Group has filed for an initial
public offering in Hong Kong that could rank it among the biggest
health-care-related deals expected this year in Asia.
NISSAN SUES SOUTH KOREA OVER EMISSIONS-CHEATING ACCUSATIONS
Nissan Motor's South Korean unit has filed a lawsuit over the
Korean's government's claims that the Japanese auto maker rigged
emissions tests on its Qashqai diesel sport-utility vehicles.
'BREXIT' EFFECT RIPPLES THROUGH EMERGING MARKETS
Britain's vote to leave the European Union continued to hurt
emerging markets, with currencies and stocks falling from South
Africa to Poland as investors fled riskier assets.
HEAT RISES ON CHINA VANKE
China Vanke's largest shareholder took its first steps toward a
hostile takeover of the property developer, amid disagreements
about a proposed $6.9 billion asset-swap deal with Shenzhen's
subway system operator.
ROME MULLS CAPITAL INJECTION FOR ITALIAN BANKS AFTER 'BREXIT' SHOCK
The Italian government is considering a capital injection to
boost the country's banking system after Italian lenders were hit
by a sharp selloff in banking stocks Friday, triggered by Britain's
vote to leave the European Union.
LENDING TO PRIVATE SECTOR ACCELERATED IN MAY, SAYS ECB
Lending to the private sector picked up in May, data from the
European Central Bank showed Monday.
======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES =======
Heard on the Street
BREXIT: THE LATEST CATCH-ALL EXCUSE FOR EVERYDAY PROBLEMS
Companies are quickly issuing post-Brexit profit warnings-a
helpful cover for companies' more mundane troubles.
Election 2016
NEGATIVE VIEWS OF TRUMP, CLINTON PERSIST
More time on the campaign trail isn't improving the image of
either major-party presidential candidate, Hillary Clinton or
Donald Trump, a new Wall Street Journal/NBC News poll finds.
(END) Dow Jones Newswires
June 27, 2016 10:00 ET (14:00 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.