Business

Comcast prepares all-cash bid to gate-crash Disney-Fox deal

Comcast prepares all-cash bid to gate-crash Disney-Fox deal

Comcast is asking investment banks to increase the bridge financing facility they have already arranged for the Sky offer by as much as $60 billion to finance the Fox bid, the sources said. Indeed, now Comcast is offering 22 billion pounds (about $30 billion) to acquire 61 percent ownership of Sky. Disney is already in line to own all of Sky if it is able to complete the deal for the 21st Century Fox assets.


Sensex gains almost 150 points as rupee strengthens

Sensex gains almost 150 points as rupee strengthens

In the broader market, the BSE Midcap was marginally higher by 0.02%, while the BSE Smallcap was up 0.16%. Meanwhile, investors digested last week's trade talks between the USA and China in Beijing, where consensus emerged on some issues.


26th annual Stamp Out Hunger food drive May 12

26th annual Stamp Out Hunger food drive May 12

Saturday May 12th, Postal Carriers will collect non-perishable food donations and all you'll have to do is leave your donation by your mailbox. Last year Salina letter carriers collected 27,000 pounds of food. It's the 26th year for the annual food drive. All donations go to the Idaho Foodbank. Letter Carriers are an important part of the community and this is our way of saying We Care.



Arrow DWA Country Rotation ETF (DWCR) Rises 0.3% for May 7

Traders may be narrowing in on the ATR or Average True Range indicator when reviewing technicals. The fund's top holdings are: iShares MSCI India ETF for 10.38% of assets, iShares MSCI Taiwan Capped ETF for 9.81%, iShares MSCI Thailand Capped ETF for 3.68%, iShares MSCI Finland ETF for 3.67%, iShares MSCI South Korea Capped ETF for 3.08%, iShares MSCI Belgium Capped ETF for 2.98%, iShares MSCI Austria Capped ETF for 2.60%, iShares MSCI China ETF for 2.00%, Empresas CMPC SA for 1.58%, Parque ...


New menu labeling rule goes into effect on Monday

New menu labeling rule goes into effect on Monday

The regulation is aimed at reducing rising obesity levels in the U.S. Policymakers hope that if consumers are armed with information about the food they eat, they will make healthier choices. The FDA says it will be working with restaurants over the next year to help change their menus. What's more, Americans are eating more calories outside the home; the calorie intake from away-from-home meals almost doubled in a 30-year period from 1977 to 2008, when it comprised one-third of Americans' ...