Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



This Afternoon's Top News Stories

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Here's a quick look at a few of the headlines making news this afternoon.

Wal-Mart to ditch Kindle
(NYSE: WMT  ) is going to stop selling Amazon Kindles, according to a report by Reuters. "We have recently made the business decision to not carry Amazon tablets and eReaders beyond our existing inventory and purchase commitments," Reuters quotes a Wal-Mart memo as saying. This follows Target's decision to stop selling the e-reader.

Nexen/CNOOC hookup moves forward
Energy company Nexen (NYSE: NXY  ) shareholders have OK'd a takeover by China's CNOOC (NYSE: CEO  ) , according to The Globe and Mail. If the Canadian government signs off on the $15.1 billion deal, the companies expect to complete the transaction in the fourth quarter of 2012. The Globe and Mail noted that the deal must surmount the "net benefit" test that helped sink BHP Billiton's hostile takeover bid for PotashCorp in 2010.

CNOOC offered $27.50 per share for Calgary-based Nexen, which operates around the world. That price is a 61% premium to the closing price of Nexen's common shares before it was announced in July that the two companies had entered into a "definitive agreement."

Mediator sought in union talks with Southwest
Southwest Airlines
(NYSE: LUV  ) and the union representing some 8,500 ground workers have sought the intervention of a federal mediator, according to an Associated Press report. They have asked the National Mediation Board to help move forward negotiations. "After 14 months of negotiations, almost no progress has been made in reaching an agreement," the union said in a press release this week. editor Kris Eddy does not own shares of any company mentioned in this article. The Motley Fool owns shares of Motley Fool newsletter serviceshave recommended buying shares of and Southwest Airlines. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2025378, ~/Articles/ArticleHandler.aspx, 10/21/2016 1:24:13 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,110.55 -51.80 -0.29%
S&P 500 2,137.70 -3.64 -0.17%
NASD 5,251.00 9.17 0.17%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/21/2016 1:05 PM
CEO $137.25 Down -0.86 -0.62%
CNOOC CAPS Rating: ***
LUV $42.00 Down -0.30 -0.70%
Southwest Airlines CAPS Rating: ****
NXY.DL $0.00 Down +0.00 +0.00%
Nexen CAPS Rating: No stars
WMT $68.46 Down -0.27 -0.39%
Wal-Mart Stores CAPS Rating: ***