In a bid to better compete against European and Japanese luxury makes, Ford reportedly may seek to reduce the number of Lincoln dealerships in the U.S. Nearly 1,200 dealers sell Lincolns, five times more than sell Toyota’s Lexu…
MGM Resorts International (MGM) may list its Macau gambling venture on the Hong Kong stock market.
MGM is a partner in MGM China Holdings, a casino in a historic district of Macau, MarketWatch reported. The casino is a joint venture with Pansy Ho, daughter of Macau gambling kingpin Stanley Ho.
The company said in a U.S. regulatory filing that the listing has yet to receive approval…
Continue reading MGM Resorts May List Macau Gambling Venture in Hong Kong
MGM Resorts May List Macau Gambling Venture in Hong Kong originally appeared on DailyFinance on Tue, 28 Sep 2010 08:06:00.
Filed Under: Company News, People, Media, Stocks in the News
The toy retailer’s holiday hiring spree will exceed the number of employees it has added to its payroll in each of the last three holiday seasons. But Toys R Us’ CEO was quick to note that the company is “not projecting a drama…
The long-awaited Boeing 787 Dreamliner will be ready for service early next year.
Rolls-Royce, which supplies some of the engines used in the 787 Dreamliner, will meet with Boeing (BA) this week to work out plans to recover from an engine blow-out last month, Bloomberg News said.
The plan will allow the 787 Dreamliner to enter service on schedule.
“Rolls is stepping up, and we’ll…
Continue reading 787 Dreamliner Will be Ready Early 2011
787 Dreamliner Will be Ready Early 2011 originally appeared on DailyFinance on Tue, 28 Sep 2010 06:50:00.
Filed Under: Energy, Company News, Technology, Boeing, Green
Endo Pharmaceuticals (ENDP) agreed to buy generics company Qualitest Pharmaceuticals for $1.2 billion cash.
Qualitest is the sixth-largest U.S. generics company as measured by prescriptions filled. Qualitest will add about $400 million to Endo’s annual revenue and 40 cents per share in annual adjusted earnings, Endo said in a statement.
“We believe that this transaction will…
Continue reading Endo to Acquire Generics Company Qualitest for $1.2 Billion
Endo to Acquire Generics Company Qualitest for $1.2 Billion originally appeared on DailyFinance on Tue, 28 Sep 2010 06:31:00.
Filed Under: Company News, Health Care, Retail