HomeUnited States News – Fiat, T-Mobile, Credit SuisseBusinessUnited States News – Fiat, T-Mobile, Credit Suisse

United States News – Fiat, T-Mobile, Credit Suisse

Fiat chairman says still discussing how to merge with Chrysler
TURIN, Italy (Reuters) – Italian carmaker Fiat and its U.S. unit Chrysler are still discussing how to merge the companies, Fiat Chairman John Elkann said on Tuesday. Fiat owns 58.5 percent of Chrysler and has long made clear its desire to buy the rest of the company, though the U.S. carmaker was last week reported to be considering an initial public offering (IPO). Asked if he preferred a Chrysler IPO to the acquisition of the 41.5 percent it does not own directly from Chrysler’s minority shareholder, Elkann said that Fiat’s ultimate aim is to merge the companies. …

FCC Approves T-Mobile and MetroPCS Merger
It’s official: The FCC has finally approved the T-Mobile and MetroPCS merger. According to a statement released today, FCC chairman Julius Genachowski says allowing the T-Mobile and MetroPCS to merge will “benefit millions of American consumers and help the US maintain the global leadership in mobile it has regained in recent years.”

Credit Suisse urges investors to jump into stocks
NEW YORK (Reuters) – A month after turning cautious on global stock investing, the investment committee of Credit Suisse Group’s U.S. private bank has reversed course.



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