Yahoo! Finance News – Bilfinger SE, Hutchison Whampoa, NYSE Euronext, Joe Saluzzi, Louis Vuitton, Bilfinger eyes takeovers in Asia, North America in expansion
Bilfinger SE CFO Joachim Mueller said the German construction and industrial services group is eyeing an acquisition in Asia or North America to reduce its dependence on the European market.
Telecom Italia chief says no decision on Hutchison tie-up
The board of Telecom Italia will not make a decision on a possible tie-up with Hutchison Whampoa at its next meeting, the Italian group’s chief said in a newspaper interview
NYSE asks SEC to reinstate volatility curbs
NYSE Euronext asked U.S. regulators to allow it to reintroduce rules to curb excessive trading volatility after several New York Stock Exchange-listed securities recently experienced sharp unintended drops.
Wall Street Down in Late Selloff But Still Set For Strong May
Stocks fell, setting major indexes on course for a weekly decline, but the S&P 500 was headed for its seventh straight month of gains, the longest winning streak since 2009.
Louis Vuitton Owner Faces Maximum Fine in Luxury Row
A battle between French luxury handbag makers spilled out into the public eye with market regulators seeking the maximum fine for Louis Vuitton owner LVMH for failing to disclose moves to build a stake in rival Hermes.