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    1. After failed FT bid Springer to go for pure digital deals

      Reuters via Yahoo! SportsAug 04 07:15 AM

      By Harro Ten Wolde FRANKFURT (Reuters) - After its failed bid to buy the Financial Times, Germany's biggest news publisher Axel Springer will concentrate on digital expansion through small and medium-sized deals, the company said on Tuesday. Springer was outbid last month by Japan's Nikkei in an attempt to buy the FT from Pearson. Nikkei's bid of $1.3 billion pipped Springer's by just 100 ...

    2. Best Buy Co. sank the most in six months after Bank of America Corp. downgraded the electronics chain to the equivalent of a sell, citing concerns that sales will decline in the second half of the year.

    3. Following the US electronics chain Best Buy's announcement that direct Apple Watch sales would begin August 7, the Canadian branch -- which recently took over the existing Futureshop chain there -- has revealed that it will begin its own sales of the device starting one week later, August 14. The company says it will offer Apple Store-like "try-on" sessions at 20 stores, and sell the product at...

    4. The government-owned aircraft stoked controversy under former Premier Alison Redford's reign, but now, the New Democrats are stuck with one remaining plane

    5. Even if you never did catch up on Mad Men , you can't ignore the show's meticulous, on-point aesthetics. And if you're a super-fan, well, you're all the more aware of its outstanding commitment to 1960s visual authenticity. Luckily for fans and '60s memorabilia collectors alike, Screenbid , a source for certified authentic Hollywood memorabilia, is auctioning off 1,384 props from the Mad Men set...

    6. Dutch-based US pharmaceutical giant Mylan's independent foundation said Thursday it will exercise a call option allowing it buy shares to control half the company to fend off a multi-billion hostile takeover bid by Israeli rival Teva. The foundation "formed its independent judgement that Mylan's best interests are at risk as a consequence of the uncertainty and threats associated by a possible ...

    7. NEW YORK (TheStreet) -- Drug manufacturer Baxalta  was the best-performing stock in the S&P 500 Tuesday after an unsolicited takeover offer from a competitor.  Shire  , a drug company based in Ireland, offered to buy Baxalta for $30.6 billion, or $45.23 a share. That's 36% higher than Baxalta's stock price on Monday. The news sent shares of Baxalta up 12%, an all-time high for the year. Shire ...

    8. NEW YORK (The Deal) -- Dubai government-owned Emirates National Oil has lifted its bid for the outstanding 46.2% of Dragon Oil  for the second time, winning round shareholders, including Elliott Management Corp., with a sweetened £1.8 billion ($3.1 billion) offer. Emirates National, which tried and failed to take over Dragon Oil about six years ago, said it will offer 800 pence for Dragon Oil ...

    9. Real Madrid star coughs up between €3m and €50m in extraordinary gesture to his long-time friend and confidant

    10. Drug manufacturer Baxalta (BXLT) was the best performing stock in the S&P 500 Tuesday after an unsolicited takeover offer from a competitor. The stock is TheStreet's Move of the Day.

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