Latest AbbVie Shire takeover bid sweetened to $51.3bn
Will the latest (fourth) AbbVie Shire takeover bid worth $51.3 billion (£30.1 billion) do the trick? AbbVie’s share plus cash offer comes to £51.15...
Sears Q2 loss widened
Sears Q2 loss widened as the multinational retailer continues its 10-year struggle with dwindling sales. The company made a $573 million loss, or $5.39...
SAP Concur acquisition deal worth $8.3 billion agreed
An SAP Concur acquisition deal has been agreed. The German software multinational giant will purchase the American provider of travel and expense management services...
Santander appoints Ana Botín to chair the board
Following the death of her father, Emilio Botín on September 9, the Grupo Santander appoints Ana Botín to chair the board. Mr. Botín, who...
Samsung Q2 profit 20 percent down
Samsung Q2 profit was 20% lower than in Q2 2013 and 17% down on Q1 2014, mainly due to a strong Korean currency and...
Samsung Q2 profit drop warning
A strong Korean currency and sluggish smartphone sales have prompted a Samsung Q2 profit drop warning. Samsung Electronics’ operating profit for the April-to-June period...
Disappointing Samsung quarterly earnings, Chief Financial Officer warns
Chief Financial Officer Lee Sang Hoon warned of disappointing Samsung quarterly earnings on Tuesday. Specifically, he stated that the Q2 earnings of the richest...
Shell sells Woodside shares
Royal Dutch Shell sells Woodside shares, about 19% of the Australia’s largest oil and gas company, for an expected $5 billion on an after-tax...
RBS Coutts selloff
An RBS Coutts selloff is being planned, a move that could raise £600 million ($1 billion) for the UK bank. Coutts , where the...
RBS profit jump pleases investors
Preliminary interim results showing a pre-tax RBS profit jump to £2.65 billion ($4.5 billion) for H1 2014, compared to £1,374 in H1 2013, surprised...