Reuters – Commodities trader Glencore will close the books for its planned $11 billion initial public offering a day ahead of schedule, underscoring strong investor demand for its shares despite volatile commodity markets.

May 13 (Bloomberg) — Bob Kunze-Concewitz, chief executive officer of Davide Campari-Milano SpA, talks about the company’s acquisition plan and expansion in emerging markets. He speaks with Francine Lacqua on Bloomberg Television’s “On The Move.” Read full article >>

Takeda Pharmaceuticals of Japan denied striking a deal for an acquisition after it emerged that the company was in talks to buy a Swiss rival, Nycomed, for up to $14 billion.

May 13 (Bloomberg) — Eighty-five percent of international investors surveyed this week said Greece will likely default, with majorities predicting the same fate for Portugal and Ireland, which followed Greece in seeking European Union-led bailouts, a new Bloomberg Global Poll shows. Francine Lacqua reports on Bloomberg Television’s “On the Move.” (Source: Bloomberg) Read full article [...]

Cerberus Capital Management, having faced high-profile setbacks during the financial crisis, now must go toe-to-toe with Wall Street rivals over the fate of a Midwestern paper manufacturer.

Newell Rubbermaid shareholders voted for annual director elections, rejecting management’s recommendation for re-elections every three years in staggered terms.

A new Spencer Stuart report concludes that companies are best served by someone with a clear vision and a desire to influence social policy.

The EU will take steps to remove trade concessions for emerging economies such as Russia and Brazil.

Indiana will cut its 8.5 percent corporate income tax rate by half a point every year until it reaches 6.5 percent.

Duncan Niederauer said that there was little room to push back a shareholder vote planned for July 7.

Commissioners have been chosen for the “Report of the NACD Blue Ribbon Commission on the Lead Director” to discuss the evolving roles and responsibilities of lead directors.

With gas prices above $4 a gallon in much of the country, Democrats and Republicans are squaring off over whether to cut tax credits for oil companies enjoying a banner profit year, or let the industry drill more.

AFP – Chinese rescue funding for the Saab-Spyker auto group collapsed on Thursday throwing Swedish Saab back into deep financial crisis without keys to the crucial Chinese market.

The company says it will continue with a public stock offering despite questions regarding the market and other particulars.

What made Raj Rajaratnam, who was convicted of fraud and conspiracy Wednesday, stand out in the hedge fund world was his deep set of contacts inside executive suites and on trading floors.

May 11 (Bloomberg) — Thomas Waechter, chief executive officer of JDS Uniphase Corp., talks about optical components for a fourth-generation wireless service based on long-term evolution technology, known as LTE. Waechter also discusses the company’s strategy and products for telecommunications service providers. He speaks with Bloomberg’s Cory Johnson on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg) [...]

Sprint Nextel’s chief executive told members of Congress on Wednesday that permitting the merger of rivals AT&T and T-Mobile would be the end of his company in its current form. Dan Hesse, who runs the third-largest of the nation’s telecom companies, said Sprint would probably be absorbed by someone else and customers nationwide would suffer [...]

Authorities suspect insider trading at some expert network firms, which match investors like hedge funds with outside experts.

RLJ Lodging Trust, a Bethesda-based hotel company started by Black Entertainment Television founder Robert L. Johnson, made its debut Wednesday as a public company, with shares closing slightly below their initial public offering price. The company’s stock closed at $17.68 per share, down 32 cents from its initial price of $18. The company originally hoped [...]

The American International Group’s planned stock offering falls far short of the $47.5 billion needed to repay the Treasury Department for part of the insurer’s bailout.