With Reynolds Deal, BAT Looks to U.S. for Growth 
 

British American Tobacco agreed to take full control of Reynolds in a $49.4 billion deal that marks renewed interest among international players in the U.S. tobacco market.

 
Federal Trade Commission Files Antitrust Lawsuit Against Qualcomm 
 

The Federal Trade Commission sued Qualcomm, alleging the chip maker engaged in unlawful tactics to maintain its monopoly on a semiconductor device used in cellphones.

 
Morgan Stanley Posts Biggest Fourth-Quarter Profit Since Crisis 
 

Morgan Stanley posted its best fourth-quarter results since the financial crisis, keeping a lid on expenses and growing revenue in both its core Wall Street businesses and its newer wealth franchise.

 
Deutsche Bank Completes $7.2 Billion Mortgage Security Settlement With U.S. 
 

Deutsche Bank completed a $7.2 billion deal to resolve U.S. claims that it misled investors on mortgage securities it sold before the 2008 financial crisis, authorities said.

 
Allergan Admits to Disclosure Violations During Valeant Bid 
 

Allergan will pay $15 million in fines and admit to disclosure violations during a hostile takeover bid from Valeant Pharmaceuticals.

 
Exxon Mobil Expands Permian Basin Footprint 
 

Exxon Mobil is the latest company to expand in Texas' red-hot Permian basin, announcing a deal Tuesday to buy companies owned by the Bass family for $5.6 billion in stock and up to $1 billion in additional payments.

 
Wal-Mart Touts Plan to Create U.S. Jobs, in Nod to Trump 
 

America's largest retailer said it plans to create about 10,000 U.S. jobs this year, touting job growth in the country ahead of Donald Trump's inauguration.

 
UnitedHealth's Revenue, Profit Tops Forecasts 
 

UnitedHealth Group Inc. reported a 56% increase in profit in the latest quarter, with results fueled by growth in its core insurance unit and its Optum health-services arm, as well as reduced impact from its money-losing Affordable Care Act business.

 
Hewlett Packard Enterprise to Buy SimpliVity for $650 Million 
 

Hewlett Packard Enterprise Co. agreed to buy SimpliVity for $650 million, enhancing its position in what Silicon Valley calls "hyperconverged" technology.

 
GM Confirms $1 Billion U.S. Investment Plan 
 

General Motors confirmed it will invest an extra $1 billion in its U.S. manufacturing operations and will bring in house some production now being done by a supplier in Mexico.

(END) Dow Jones Newswires

January 17, 2017 19:15 ET (00:15 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.