The $1.9 bln retailer, which recently sold its UK high street arm, saw shares dive 40% after it overstated US profits. WH Smith's plan was to gain market share in North America, and gee its valuation ...

A few investors in $20 bln Mediobanca, including tycoon Francesco Gaetano Caltagirone, sank its Banca Generali bid. That kills CEO Alberto Nagel’s defence against a Monte dei Paschi takeover. The ...