General Electric Alstom offer approved by board and French government
The General Electric Alstom offer was unanimously approved by the Alstom board to buy the French company’s Power and Grid businesses. If approved by...
Oracle fourth quarter net income down 4%
Oracle fourth quarter net income declined by 4% to $3.6 billion compared to the fourth quarter a year ago, the company announced. Oracle shares...
AstraZeneca selling future revenue rights
Is AstraZeneca selling future revenue rights in its quest to make itself acquisition proof? That is what is being rumored in much of the...
AbbVie Shire Plc bid rejected
The third AbbVie Shire Plc bid has been rejected, both companies confirmed on Friday. Shire said AbbVie’s $46 billion “unsolicited and highly conditional proposal”...
TSB shares oversubscribed
With TSB shares oversubscribed tenfold during its debut on Friday, Lloyds Banking Group increased the number of shares on sale for the stock market...
Kroger sales increased 4.6 percent in Q1 2014
Kroger sales increased 4.6 percent in the first quarter of 2014, pushing shares up by 5.1% to $49.66 in early trading today. America’s biggest...
Siemens Mitsubishi Alstom bid increased, GE’s altered
The Siemens Mitsubishi Alstom bid has been sweetened, with the cash component of Siemen’s and Mitsubishi’s offer increased by €1.2 billion to €8.2 billion...
Blackberry profit for Q1 Fiscal 2015
A Blackberry profit for the first quarter of Fiscal 2015 surprised analysts and sent shares up by 10% in pre-market and 14% in mid-morning trading.
Net...
Markit IPO raised 1.28 billion dollars
The Markit IPO on Wednesday raised $1.28 billion after the UK data provider upsized the deal by 7,764,388 shares or 17% to 53,472,353 shares.
The...
NatWest Bank cutting hundreds of branch manager positions
NatWest Bank says it plans to reduce the number of branch managers by 361 in its quest to reduce costs. Forty-five of them will...