Investment management giant BlackRock has sliced its Microsoft stake by almost 10%, joining several other large investors who took a machete to their holdings of the software giant this year as its share price significantly und…
Morgan Stanley said it is divesting its 6.7% stake in investment manager Invesco. The investment bank will sell the 30.9 million shares it received as part of the sale of its Van Kampen mutual fund portfolio to Invesco, a stake…
A French lawyer is fighting to stop carmaker Renault (RNSDF) naming its new electric car “Zoe”, saying that first names should be sacred.
Attorney David Koubbi is representing the parents of two young girls called Zoe Renault, The Associated Press reported. Koubbi argues that corporations should not use first names to market products.
Koubbi estimates that there are 35,000 girls…
Continue reading French Lawyer Battles to Stop Renault Naming Car ‘Zoe’
French Lawyer Battles to Stop Renault Naming Car ‘Zoe’ originally appeared on DailyFinance on Wed, 10 Nov 2010 08:04:00.
Filed Under: Company News, Technology, Green, Autos
Both Allstate and Prudential, the two largest publicly traded insurers, have announced plans to return cash to shareholders.
Continue reading Allstate, Prudential Return Cash to Shareholders Through Buybacks, D…
With just days to go before its anticipated initial public offering of stock, General Motors reported Wednesday that it earned $2 billion in the third quarter, its most profitable this year.
Continue reading Ge…