Markets on Wall Street opened higher on Monday, buoyed by the latest flurry of merger activity as well as strong earnings from Citigroup.
July 12-- Abbott Laboratories is in advanced talks to sell its multibillion-dollar portfolio of generic drugs to Mylan Inc ., according to a report from Reuters, citing people familiar with the matter.
BEIJING (AP) - Asian stocks rebounded Monday from jitters about a struggling Portuguese bank as investors looked ahead to a busy week of data releases in the U.S.
Volkswagen has grown rapidly in the U.S., doubling sales of its namesake VW brand over the past four years. With its fleet of cars aging and driver tastes changing, however, VW sales have fallen, declining more than 13% in the first half of 2014.
... * Boeing comfortable with efficiency, value of fleet vs Airbus. * Says Boeing 787 family of planes more efficient than A330neo (Adds detail, background, more comments).