According to Reuters, the group lead by RBS has raised its bid for ABN Amro (ABN) by increasing the cash component of the offer.
Reuters writes that Ford (F) is now cosidering selling its Volvo unit.
Reuters reports that the Dubai stock market is making a bid for OMX that will compete with Nasday (NDAQ).
Philips Electronics (PHG) increased earnings by 22% according to Reuters.
The Wall Street Journal reports that one of the members of the founding family that controls Dow Jone (DJ) is trying to block its sale to Rupert Murdoch.
The Wall Street Journal writes that China is about to pass Germany as the world’s third largest economy.
The New York Times writes that Sony (SNE) will launch a new website for aspiring film markets.
The FT says that the head of Cisco (CSCO) believes that Web 2.0 will lead to a period of productivity that has not been seen since the internet boom.
Douglas A. McIntyre
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.