PRESS DIGEST – Wall Street Journal – May 16 – Reuters – News Journal Blogs

Thu May 16, 2013 1:44am EDT

May 16 (Reuters) – The mass are the crowning stories in the

Wall Street Journal. Reuters has not verified these stories and

does not plight for their accuracy.

* A hot takeover effort has erupted around generic drug

company Actavis Inc as playing players essay to shore

themselves up amid crescendo rivalry and less new

knock-off-drug opportunities. ()

* U.S. officials dealt a expiration to the neophyte digital

currency titled Bitcoin, chilling an statement equal to the largest

Bitcoin mercantilism meet months after regulators warned such

entities should study tralatitious anti-money laundering rules.


* One of nihilist Sachs Group Inc’s crowning energy

bankers, author Daniel, has retired, leaving the concern a year

after his individualized hit holdings in a scuttlebutt consort evidenced a

point of disceptation in a takeover deal. ()

* Mexican bag builders and their creditors hit been hiring

U.S. insolvency lawyers and added advisers, as the companies

struggle with mounting debt obligations.

Two of the country’s directive builders, Urbi Desarrollos

Urbanos SAB and Corporación Geo SAB, missed

debt payments in Apr and hit reportable dreary earnings. Urbi

is considering a insolvency filing in Mexico as digit option, some

people old with the concern said. ()

* The uprise in prices for rural realty slowed somewhat

to move the assemblage in parts of the U.S. farm belt, newborn reports

showed, communication a godsend in realty values strength be lenitive as

commodity prices modify and incomes for farmers are due to

weaken. ()

* An playing assemble wants to add criteria to a modify of

debt-default shelter that would advance to payouts for

bondholders when banks are rescued.

The International Swaps and Derivatives Association is

circulating a substance that would add added component to that list

of “credit events” that advance to payouts for swaps holders. The

group is circulating its substance this hebdomad to different members

of its Credit Derivatives Market Practice Committee. ()

* Groupon Inc is not probable to study a imperishable new

chief chief until incoming year, the regular care company’s

interim chiefs said.

The company, which stumbled seriously after feat open in

2011, has been hunting for someone to modify the crowning employ since it

ousted saint Mason in Feb mass a progress of missteps

and unsatisfactory results. ()

* Texas is restorative pushcart land and the face distinction in an

expanding effort among machine makers to alluviation up on profits from

pickups, digit of the richest businesses up for grabs as the

global machine playing roars backwards to life.

After eld of inactivity on the sidelines, restorative buyers are

returning to moneyman showrooms, substance jillions of dollars in

profit and potentially long sort loyalty to author Motor Co

, General Motors Co or Chrysler Group LLC

and rivals. ()

* Comcast Corp’s NBCUniversal organisation is projecting

advertising income of more than $800 meg for the Olympic

Games incoming assemblage in Russia, which would be a achievement for the

Winter Games, despite the selection of digit longtime sponsors to

pass on the event. ()


Cut Paris, mai 2013.

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PRESS DIGEST – Wall Street Journal – May 16 – Reuters

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