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Op-Ed: The hottest sectors for M&A in 2016

M&A activity will be heating up in these sectors in 2016, despite market uncertainty, says Bob Rubino of Citizens Bank.
Source: CNBC.com | By: Bob Rubino, head of corporate finance, Citizens Bank
Roche earnings fall short of forecasts

Drugmaker Roche on Thursday reported full-year earnings and a dividend slightly below forecasts and said it expected sales to grow low- to mid-single digit in 2016.
Source: CNBC.com
LG eyes smart cars as smartphones turn 'softer'

South Korea's LG Electronics is looking towards developing new areas of business - such as automobiles - as it reported full-year revenues down on "sluggish" TV demand and "softer" smartphone sales.
Source: CNBC.com | By: Arjun Kharpal
UPDATE 1-Obama does victory lap for car industry but it is different from what he hoped

DETROIT, Jan 20- President Barack Obama, facing Republican criticism over the state of the economy, did a Detroit victory lap on Wednesday to showcase the auto companies his administration helped save, but the industry has not turned out the way he hoped in 2009.. "The auto industry here in the United States has figured out that we can make more fuel-efficient cars...
Source: Reuters | By: Jeff Mason
Obama does victory lap for car industry that looks different from what he hoped

DETROIT, Jan 20- President Barack Obama, facing Republican criticism over the state of the economy, did a Detroit victory lap on Wednesday to showcase the auto companies his administration helped save, but the industry has not turned out the way he hoped in 2009.. A Ford Motor Co plant in Michigan that Obama visited in January 2015 is ending production of small cars...
Source: Reuters | By: Jeff Mason
INSIGHT-Electric vehicle sales fall far short of Obama goal

DETROIT, Jan 20- Back in 2008, with gas prices averaging nearly $4 a gallon, President Barack Obama set a goal of getting one million plug-in electric vehicles on the roads by 2015.. Ford CEO Mark Fields said last week that EVs "are a difficult sell at $2 a gallon." Plug-in vehicles accounted for fewer than 1 percent of the 17.4 million cars and trucks sold last year,...
Source: Reuters | By: David Shepardson and Bernie Woodall
Obama tours auto show, pledges help for Flint's water crisis

DETROIT— President Barack Obama hailed the revival of the nation's auto industry on Wednesday while acknowledging the water crisis in nearby Flint, Michigan, saying the detection of high levels of lead serve as a reminder that the government can't shortchange basic services. "What's true of Detroit is true of the country," he said. " Obama spoke at the UAW-GM Center...
Source: The Associated Press | By: By KEVIN FREKING, Associated Press
Future cars now  

Reporter Phil LeBeau has the latest entrants in the battle for luxury cars. And with continued low gas prices, will the public make the move to hybrids and electric cars like the Chevrolet Bolt or will demand for pickups and SUVs stay strong?
Source: CNBC.com
New delay in Remington gun settlement

A federal judge has agreed to further delay a class-action settlement involving Remington rifles to allow more time to develop a better plan to alert the public.
Source: CNBC.com | By: Scott Cohn
Auto Show: Some see sales slowdown; fuel economy quandary

DETROIT— The North American International Auto Show opens to the public Jan. 16 in Detroit. Here are some of the things we learned at this week's media preview:. Mike Jackson, CEO of AutoNation, the country's biggest dealership chain, is one of those saying sales will flatten out.
Source: The Associated Press | By: By DEE-ANN DURBIN, AP Auto Writer