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The Fed Awakens

December 12, 2015 by · Leave a Comment 

Barring a shock, the Federal Reserve will raise U.S. interest rates on Wednesday for the first time since June 2006, a full year before the global financial crisis began. Data releases will meanwhile give clues to the robustness of other economies, some of which are seen as vulnerable to

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The Fed Awakens

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Dow, DuPont set $130 billion megamerger, could spark more deals

December 12, 2015 by · Leave a Comment 

Dow and DuPont shares fell on Friday after spiking earlier in the week following reports of negotiations. Executives from both companies said the agrichemicals businesses have little overlap and any asset sales would likely be minor. Dow shareholders would own 52 percent of the new company after preferred shares are converted, the companies said.

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Dow, DuPont set $130 billion megamerger, could spark more deals