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Archive: (21 Stories)

Twitter just one symptom of IPO fever's return

11/05/2013 1:02am
IPO fever is back.

Telefonica sells Czech branch for $3.3 billion

11/05/2013 1:34am
Czech investment firm PPF Group says it has agreed to buy the Czech telecoms branch of Spain's Telefonica in a deal valued at 63.6 billion koruna ($3.3 billion).

BMW says 3rd-quarter profit up 3.2 percent

11/05/2013 2:04am
Luxury car maker BMW AG saw its third-quarter net profit increase 3.2 percent as tax expenses declined, but the company said its performance was affected by high spending on new technology and growing competition.

Vivendi to sell Maroc Telecom stake for $5.7 bn

11/05/2013 5:32am
French entertainment company Vivendi has signed a final agreement to sell its stake in Maroc Telecom to UAE-based telecoms company Etisalat for 4.2 billion euros ($5.7 billion).

NYSE Euronext 3Q results miss expectations

11/05/2013 5:38am
NYSE Euronext posted a 65 percent spike in third-quarter net income as revenue improved for its cash trading and listings and derivatives businesses.

Open Text buying GXS Group in $1.17B deal

11/05/2013 6:51am
The software company Open Text will spend approximately $1.17 billion to acquire cloud-technology provider GXS Group in a cash-and-stock deal.

Ukraine, Chevron sign shale gas deal

11/05/2013 7:17am
The Ukrainian government on Tuesday signed a shale gas production-sharing agreement with the Chevron, as the country strives for energy independence from neighboring Russia.

Endo Health buying Paladin Labs for about $1.5B

11/05/2013 9:00am
Endo Health will spend about $1.5 billion to buy the Canadian specialty drug maker Paladin Labs, and both will then be folded into a newly-formed Irish holding company.

Hallmark dropping party wares, cutting 225 jobs

11/05/2013 9:30am
Hallmark Cards says will eliminate at least 225 jobs by doing away with its party ware business and streamlining parts of its greeting card operation.

EU auditor says bad budget reporting increases

11/05/2013 9:38am
The European Union's auditor said Tuesday that bad budget reporting has increased further, resulting in several billions of euros in irregular spending of EU funds by the 27 member states and the executive Commission.

Republic extends time to close Frontier sale

11/05/2013 9:50am
The parent company of Frontier Airlines says a deadline to sell the airline will be extended by two more days.

CFTC proposes limits on futures trading in 2nd try

11/05/2013 11:06am
Trading in commodities futures would be capped under a federal rule proposed Tuesday, an effort to clamp down on speculative trades that can drive up food and gas prices.

Delta Air seeks $5.9M loan to renovate call center

11/05/2013 11:34am
Delta Air Lines wants a $5.9 million forgivable government loan to refurbish a call center in northern Minnesota that was mostly built with government money in the first place.

As US economy plods and pay lags, companies profit

11/05/2013 11:40am
Look at the U.S. economy and you'll notice an unusual disconnect.

Burger King to bring back Big Mac copycat

11/05/2013 12:01pm
What has two all-beef patties, special sauce, lettuce, cheese, pickles and onions on a sesame bun? Burger King's latest sandwich.

As US economy plods and pay lags, companies profit

11/05/2013 12:06pm
Look at the U.S. economy and you'll notice an unusual disconnect.

Going public: How Twitter's IPO will work

11/05/2013 12:47pm
In the most anticipated stock debut of the year, millions of Twitter shares will change hands later this week after the New York Stock Exchange's opening bell.

How US companies have profited despite weak growth

11/05/2013 1:04pm
The U.S. economy is growing at a tepid pace, job growth is subpar, pay raises are scant and business investment sluggish. Yet U.S. companies have been producing solid profits and lifting their stock prices.

Why some experts think Twitter stock is a bargain

11/05/2013 2:49pm
Critics dismiss it as a fad. It's tiny next to some rivals. And it loses money.

Cargill to label meat after 'pink slime' uproar

11/05/2013 4:49pm
Cargill Inc. says it will start labeling beef products that contain "finely textured beef," following last year's public outcry over the use of "pink slime."

Dual economy: Companies profit despite weak growth

11/05/2013 10:02pm
Look at the U.S. economy and you'll notice an unusual disconnect.

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Updated: Wednesday February 20, 2019 12:40 pm