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U.S. data points to moderate fourth-quarter growth

November 25, 2015 by · Leave a Comment 

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending barely rose in October as households took advantage of rising incomes to boost savings to their highest level in nearly three years, pointing to moderate economic growth in the fourth quarter. Anemic consumer spending did little do change expectations that the Federal Reserve will raise interest rates next month as other data on Wednesday showed a surge in business…

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U.S. data points to moderate fourth-quarter growth

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Exclusive: Pfizer negotiating 2-3 percent Allergan break-up fee – sources

November 19, 2015 by · Leave a Comment 

A break-up fee of that amount, to be paid by Pfizer if it were to walk away from the Allergan deal, would show confidence that the regulatory risk to the merger does not pose an existential threat, despite the U.S. Treasury planning this week to tighten the rules on corporate tax inversions, a key aspect of their plan. The break-up fee…

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Exclusive: Pfizer negotiating 2-3 percent Allergan break-up fee – sources

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