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Stocks making the biggest moves midday: REGN, D, MBLY, VIK

Check out the companies making the biggest moves in midday trading: Dominion Energy — Shares popped more than 9% after NextEra Energy announced a deal to acquire the company in an all-stock transaction. NextEra said the combination of the two companies will create the world’s largest regulated electric utility business. NextEra shares were down about...
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RBI sees no signs of excess credit risk, keeps countercyclical capital buffer inactive

The Reserve Bank of India (RBI) on Monday decided against activating the countercyclical capital buffer (CCyB), indicating that current financial and credit conditions do not warrant an additional capital requirement for banks, PTI reported.The central bank said the decision followed a review and empirical assessment of indicators used under the CCyB framework.“Based on review and...
108279142 1773775898640 gettyimages 2265479539 LULULEMON CANADA

Lululemon proxy war with Chip Wilson goes public, sets annual meeting

Lululemon is showing its teeth.  The Vancouver, British Columbia-based athleticwear company is taking its battle with activist founder Chip Wilson public, writing in a letter to shareholders on Monday he has “outdated perspectives” and “troubling conflicts of interest” that will derail its turnaround plan, materials reviewed by CNBC show.  The letter, Lululemon’s first major public...
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