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Mattel's new CEO gets a $10.6 million bonus just for signing on

Mattel's new CEO gets a $10.6 million bonus just for signing on

The size of the check hints at what the board is really planning, and it may not be what shareholders want.
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France's Schneider Electric nears $20 billion deal to acquire US software group PTC, source says

France's Schneider Electric nears $20 billion deal to acquire US software group PTC, source says

By Sabrina Valle Oct 4 (Reuters) - France's Schneider Electric is nearing a deal to buy US software group PTC for about $20 billion, according to a person close to the deal on Sunday.
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UK grocer Sainsbury's held merger talks with rival Morrisons, reports say

UK grocer Sainsbury's held merger talks with rival Morrisons, reports say

Oct 5 (Reuters) - Sainsbury's, Britain's second-largest grocer, held talks with smaller rival Morrisons about a merger earlier this year, according to media reports on Monday.
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Schneider Electric to buy US software firm PTC in $22.6 billion deal

Schneider Electric to buy US software firm PTC in $22.6 billion deal

By Sabrina Valle Oct 5 (Reuters) - France's Schneider Electric struck its biggest deal ever on Monday, agreeing to buy PTC in an all-cash deal valuing the US software company's equity at around $22.6 billion, it said in a statement.
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Nasdaq notches record high close as investors focus on earnings

Nasdaq notches record high close as investors focus on earnings

By Noel Randewich and Tharuniyaa Lakshmi Oct 5 (Reuters) - The Nasdaq notched a record high close on Monday, lifted by Nvidia and Microsoft, as investors focused on a dip in oil prices and looked ahead to quarterly earnings reports.
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Nasdaq hits record high as investors focus on earnings

Nasdaq hits record high as investors focus on earnings

By Noel Randewich and Tharuniyaa Lakshmi Oct 5 (Reuters) - The Nasdaq hit an all-time high on Monday, lifted by Nvidia and Microsoft, as investors focused on a dip in oil prices and looked ahead to quarterly earnings reports.
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S&P 500 up, Nasdaq at record high as megacap tech stocks rise

S&P 500 up, Nasdaq at record high as megacap tech stocks rise

By Tharuniyaa Lakshmi and Shashwat Chauhan Oct 5 (Reuters) - The benchmark S&P 500 rose and the Nasdaq reached all-time highs on Monday as most megacap and growth stocks advanced, though risk sentiment remained in check as Treasury yields held near multi-year highs.
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Europe's STOXX 600 gains on banks boost; French stocks slide on fiscal fears

Europe's STOXX 600 gains on banks boost; French stocks slide on fiscal fears

By Medha Singh and Purvi Agarwal Oct 5 (Reuters) - European shares closed higher on Monday, while French equities slid to a six-month low on fiscal concerns and Schneider Electric's fall after acquiring US software firm PTC.
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Wall St futures dip as tech stocks take a breather

Wall St futures dip as tech stocks take a breather

Oct 5 (Reuters) - US stock index futures dipped on Monday, as technology stocks eased from record highs, while investors looked for fresh clues on the monetary policy path with Treasury yields and oil prices still elevated.  
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Factbox-David Ellison's leadership team for new Paramount-Warner Bros Discovery

Factbox-David Ellison's leadership team for new Paramount-Warner Bros Discovery

Oct 5 (Reuters) - David Ellison's Paramount Skydance on Monday named the executive team that would lead the company after it closes its acquisition of Warner Bros Discovery in a deal that hands him control over some of the world's largest media and entertainment assets.
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Wall St set for muted open as tech stocks take a breather

Wall St set for muted open as tech stocks take a breather

By Tharuniyaa Lakshmi and Shashwat Chauhan Oct 5 (Reuters) - Wall Street's main indexes were set for a subdued open on Monday as technology stocks eased from record highs, while investors looked for fresh clues on the monetary policy path with Treasury yields and oil prices still elevated.  
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Boeing receives Lockheed PAC-3 MSE contract worth up to $14.7 billion

Boeing receives Lockheed PAC-3 MSE contract worth up to $14.7 billion

Oct 5 (Reuters) - Boeing on Monday said it was awarded a seven-year contract worth about $14.7 billion by Lockheed Martin to scale production and deliver PAC-3 Missile Segment Enhancement (MSE) seekers.