Menu
Personal finance
Online betting site Intrade abruptly closes

When work bulldozes your personal life

Women getting rejected for mortgages

Gas prices ate into Americans' budgets last month

Job burnout worse for your heart than smoking

Swiss tax-cheat adviser blows his US clients' cover

School loans are just the start for some Ph.D.s

Penn State suspends its contract with Adidas

Even Exxon thinks the US will cut energy use

How much water from Poland Spring is in that bottle?

Looking for tech's future? Watch teenagers

Do you live in a county that's dying?

Why Mila Kunis is hardly a stock market indicator

Matt Lauer hosting 'Jeopardy' could be hazardous

FTC tells celebrity endorsers on Twitter: Disclose all

No Guinness for vegans this St. Patrick's Day

Red Bull is being blackmailed

Lumber finally rises from the forest floor

Applying for Obamacare could be painful

US getting another conservative news channel

Carl's Jr. sticks with its 'indulgent' menu

Which 200 airports will lose their control towers?

How to lose $8 million in 6 minutes

First-class battle over Saturday mail delivery

Time's opus on health care is a surprise hit
Who's next as a merger frenzy takes off?
According to The New York Times, a Brunswick Group survey of investment bankers and deal lawyers found that a whopping 97% expect more deals to be done in North America this year compared with 2012, and 82% of those surveyed expect more deals internationally. That's the highest level in the survey's six-year history.

The results aren't that surprising, though, given the stock market surge this year, the continued economic rebound and plentiful supply of low-cost capital.

So far in 2013, Warren Buffett's Berkshire Hathaway (BRK.A) and 3G Capital have agreed to buy H.J. Heinz (HNZ) for $24.3 billion, the largest deal in the history of the food industry. Michael Dell and Silver Lake Partners offered to buy Dell (Dell) for $24.4 billion (although shareholders including activist investor Carl Icahn have argued that the deal undervalues the company). And just today came word that American Realty Capital (ARCP) offered $5.74 billion for Cole Credit Property Trust II.

That's only the start.

Plenty of deal speculation swirls around companies such as Hewlett-Packard (HPQ) and Yahoo (YHOO), which are eager to reinvigorate their moribund businesses. Best Buy (BBY) founder Richard Schulze's effort to take the consumer electronics retailer private flopped, but others may try. And if J.C. Penney (JCP) CEO Ron Johnson's much-derided turnaround plan fails, the venerable retailer may get swallowed up by a competitor.

A surge in dealmaking could help bolster the fortunes of struggling luxury retailers such as Tiffany (TIF) and Coach (COH) where the 1%-ers like to spend their bonuses. It's also good news for News Corp.'s (NWSA) Wall Street Journal, where bankers take out ads congratulating themselves on their latest triumphs. Whether Wall Street's rising tide will lift the boats of the middle class remains to be seen.
Colorado doctors unite against energy companies

Monster Beverage looks for a buzz from food stamps

Hungry for a hit, McDonald's adds McWraps

Real cost of US war with Iraq: $1.7 trillion

This guy spent $45,000 on a marriage proposal

Starbucks' CEO perks up for minimum wage hike

CEO gives workers 'get out of jail free' cards

Violent crime is haunting Mexico's tourism

Invest like Warren Buffett with this app

Peek protection: Now you can block that drone

Jay Leno is no laughing matter for NBC

Are job cuts a myth about Obamacare?

Nike silences naysayers after outstanding quarter

ftp client on mac
how to upload pictures on instagram from mac
Menu
Are we finally ready for turkey burgers?

Newsroom budget cuts create a downward spiral

Why young Americans are getting poorer

Senator: Should hourly minimum wage be $22?

Cookie hoax: Girl Scouts scammed out of $24,000

NCAA March Madness is no economic slam dunk

Pennsylvania may finally sell its state liquor stores

Lululemon's see-through yoga pants get yanked

The Easter Bunny is getting pinched this year

How ski resorts fend off accident lawsuits

Retirement crisis ahead for boomers and Gen Xers

Soda industry wins support as donations flow

Colorado company: New gun law will make us move

Michael Dell may have another bidder to outdo

What the government wants to take away now

US is still paying Civil War benefits

Here come new whiskey flavors

College won't accept students who need loans

Who's next as a merger frenzy takes off?

Study: Soda really does kill

Dark day for a Chinese solar panel maker

Wal-Mart expands shop-with-iPhone program

Celebrating Passover costs more this year

Meth-contaminated homes are a growing hazard

What recovery? Many workers still stuck in recession