TD Ameritrade to Acquire Scottrade

TD Ameritrade will buy Scottrade in a $4 billion deal, combining two leaders in the retail market for the buying and selling of stocks at a time when stock picking has lost favor to index investing.

 

AT&T Faces Political Barrage

AT&T's blockbuster $85.4 billion deal to buy Time Warner promises to reshape the media landscape-if the companies can navigate a series of obstacles, including possible opposition from U.S. antitrust authorities and objections by lawmakers and media and telecom rivals.

 

AMC Sees Less-Than-Expected Revenue Growth

AMC Entertainment Holdings Inc. said it expects revenue in the September quarter to come in below Wall Street expectations.

 

Philips Profit Lifted by Lighting Business Spinoff

The Netherlands' Royal Philips said its third-quarter earnings further improved thanks to higher sales at its core health-care technology operations and cost savings.

 

Syngenta and ChemChina Miss EU Deadline for Antitrust Remedies

Syngenta and China National Chemical Corp. didn't submit proposed remedies to resolve the EU's potential antitrust concerns about their planned merger by Friday's deadline, sending shares of the Swiss seed and pesticide maker down over 7%.

 

Germany Withdraws Approval of Chinese Takeover of Aixtron

Germany's government has withdrawn its approval of a $729 million Chinese takeover of Aixtron, the company said, the latest sign of government alarm about a wave of Chinese takeovers.

 

Rockwell Collins to Buy B/E Aerospace for $6.4 Billion

Rockwell Collins agreed to pay $6.4 billion to buy B/E Aerospace in a deal that would unite two of the global aerospace industry's biggest suppliers

 

Genworth Financial Agrees to Takeover

Chinese investment firm China Oceanwide Holdings said it agreed to buy U.S.-based insurer Genworth Financial Inc. for about $2.7 billion.

 

Hanjin Shipping to Close European Operations

The company's decision to close all of its 10 business operations in Europe is the latest sign that may be heading toward liquidation.

 

(END) Dow Jones Newswires

October 24, 2016 08:39 ET (12:39 GMT)

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