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SEC approves ‘Hubble Telescope’ for securities markets

November 15, 2016 by · Leave a Comment 

The U.S. Securities and Exchange Commission voted on Tuesday to approve a massive stock and options trading database, prompted by the 2010 “flash crash,” aimed at helping regulators police the increasingly fast, fragmented and complex markets. The creation of a Consolidated Audit Trail establishes a regulatory central database for every trade order, execution, modification and cancellation, as mandated by the SEC in July 2012.

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SEC approves ‘Hubble Telescope’ for securities markets

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Exclusive: EU regulators expected to clear $25 billion Abbott, St Jude deal: source

November 15, 2016 by · Leave a Comment 

(Reuters) – EU antitrust regulators are expected to give conditional clearance to U.S. medical device maker Abbott Laboratories’ bid for peer St Jude Medical Inc , a person familiar with the matter said on Tuesday.

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Exclusive: EU regulators expected to clear $25 billion Abbott, St Jude deal: source

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Japanese airline ANA to replace 100 Rolls engines on 787s

August 31, 2016 by · Leave a Comment 

By Alwyn Scott SEATTLE (Reuters) – ANA Holdings Inc , Japan's largest airline, said on Wednesday it will replace all 100 Rolls-Royce engines on its fleet of Boeing 787 Dreamliners following three engine failures this year caused by corrosion and cracking of turbine blades. In response to questions from Reuters, ANA, the world's largest 787 operator, said all 50 of its 787s will receive engines fitted with new blades, a process that could take up to three years. ANA has only three engines that…

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Japanese airline ANA to replace 100 Rolls engines on 787s

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Alere lawsuit accuses Abbott of ‘buyer’s remorse’ in proposed merger

August 31, 2016 by · Leave a Comment 

Alere claims in its complaint that Abbott has avoided responding to a second request by the Federal Trade Commission in a bout of “buyer's remorse” spurred by a desire to free up capital for Abbott's …

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Alere lawsuit accuses Abbott of ‘buyer’s remorse’ in proposed merger