A court-appointed commissioner has recommended Italian dairy group Parmalat cut the price it paid to its parent company Lactalis to acquire its North American cheesemaking division by $151 million, a ... more 
A court-appointed commissioner has recommended Italian dairy group Parmalat cut the price it paid to its parent company Lactalis to acquire its North American cheesemaking division by $151 million, a move that will please minority shareholders. The Swiss lower house of parliament dealt a final death blow to a draft law aimed at protecting the country's banks from criminal charges in the United States for helping wealthy Americans to evade tax. FedEx Corp posted a bigger than expected quarterly profit as its ground shipment business did well, and the company saw benefits from lower jet fuel prices. less 
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Wochit
Wed, Jun 19, 2013 2:13 PM EDT