News

Yahoo

A Yahoo AOL tie up?

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Is a Yahoo AOL tie up on the cards? Starboard Value LP, an activist investor, announced a significant acquisition of Yahoo shares on Friday....

Bill Gross leaves Pimco to join Janus Capital Group

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American bond investor and author Bill Gross leaves Pimco, the firm he co-founded in 1971, to join Janus Capital Group Inc., where he will...
sears logo

Sears Canada CEO steps down as retailer braces itself for brankruptcy

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Sears Canada might have to brace itself for a possible bankruptcy. Sears Canada is facing the possibility of bankruptcy, with the department store chain searching...

BlackBerry posts smaller loss in second quarter

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On Friday, BlackBerry Ltd posted a second quarter fiscal 2015 net loss of $207 million, or 39 cents per share, compared to a net...
Bombardier

Bombardier reports 40 new firm orders for its CS300 jetliners

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Bombardier Commercial Aircraft has announced that its signed a firm purchase agreement to sell 40 CS300 jetliners to a wholly owned affiliate of Macquarie...
House England

House prices in England and Wales close to 2007 peak

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According to the Land Registry’s House Price Index, average prices in England and Wales are now just £3,500 short of their 2007 peak. In...
Wall Street Down

Thursday’s Wall Street slide puzzles investors

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Why did Wall Street suffer its sharpest one-day loss in two months on Thursday? Investors and analysts say they are bewildered. Could it have...
De La Rue

De La Rue issues profit warning

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After the world’s largest commercial banknote printer De La Rue plc issued a profit warning, its shares took a -26% nosedive on the London...
TSB Banking Group plc

Lloyds sells further 11.5 percent TSB stake

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Lloyds Banking Group has sold off a further 11.5% TSB stake in a share placing to investors, the London-based bank announced on Friday. Due...
Chiquita

Chiquita and Fyffes merger terms revised

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In the ongoing Chiquita and Fyffes merger negotiations, the two companies on Thursday agreed that Chiquita Brands International Inc. would own 59.6% of the...