The Traderszone Network

Yet, on paper at least, it is also home to Rowan Companies, one of the largest operators of drilling rigs in the world. In 2012, Rowan, which has a market value of $4 billion (£2.38 billion), shifted its legal and tax base from the United States to Britain. “We changed our corporate structure and we’re legally domiciled in the UK but our headquarters and our management team remain in the U.S.,” Suzanne Spera, Rowan’s Investor Relations Director said in a telephone interview from Houston. We take advantage of trying to be competitive with our effective tax rate.”

The video game industry’s biggest event starts today with Microsoft, Sony, and Nintendo flaunting their wares.

U.S. stock index futures were little changed on Monday, as investors sought fresh incentives to keep buying following a rally that has taken major indexes to repeated record highs. General Motors Co GM.N late Friday announced four more recalls covering 105,688 cars and trucks globally, raising the number of recalls to 34, including the high-profile one for defective ignition switches linked to at least 13 deaths.

Tyson Foods Inc said it reached a “unilaterally binding offer” to buy Hillshire Brands Co for $8.55 billion, including debt, beating out Pilgrim’s Pride Corp PPC.O for the maker of Jimmy Dean …

A slew of mergers is pushing shares higher on Monday.
read more

Apple begins trading on a post-split basis Monday, after a 7-for-1 exchange that brought the stock under $100 a share for the first time in years.

FXStreet (Barcelona) – Jonathan Pryor, Corporate Treasury Analyst at Investec, notes markets…

For more information, read our latest forex news.