Unilever to buy VO5, Simple owner Alberto Culver for $3.7bn cash
Anglo-Dutch consumer goods giant strengthens portfolio with purchase of hair and skin care brands VO5, TRESemme and Simple. telegraph.co.uk |
HSBC headquarters will stay in London, says departing chairman Stephen Green
Banking giant's HQ will remain in London, said departing chairman Stephen Green, dismissing speculation that it might move to Hong Kong. telegraph.co.uk |
Text of flash-crash report’s summary
Summary of the final flash-crash report of the Securities and Exchange Commission and Commodity Futures Trading Commission. feeds.marketwatch.com |
Before the Bell: Procter & Gamble, Northrop, durable goods in focus
Procter & Gamble, Northrop Grumman and Office Depot in focus after they post results. Investors also mull report questioning the size of the U.S. Federal Reserve’s upcoming round of quantitative easing and durable goods data for September. feeds.marketwatch.com |
Hedge Funds: Grand Master spinning off from Clarium
Patrick Wolff, managing director at Clarium Capital, is starting a new hedge-fund firm Jan. 1. PayPal co-founder Peter Thiel is seeding the new business, called Grand Master Capital Management. feeds.marketwatch.com |