Real estate investment trust HCP (HCP) agreed to buy $6.1 billion of real estate assets from HCR ManorCare Inc.
HCP said it will acquire 338 post-acute skilled nursing and assisted living facilities in 30 states, with the highest concentrations in Ohi…
Paris-based pharma Sanofi-Aventis has pushed back its offer deadline for Massachusetts-based biotech Genzyme by six weeks. All other terms, including the $69 per share bid, remain unchanged. So far, very few shareholders have r…
Companies have record amounts of cash to spend: $1.9 trillion. How can they put it to the best use to keep stock markets booming?
Continue reading How Companies Should Spend Their $1.9 Trillion in Cash
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No, it’s not a new plague. Rather, it’s a little-known economics thesis that explains why uneven productivity gains in different sectors can have a huge impact on everything from consumer spending to government deficits. The la…
According to the latest leaked U.S. diplomatic cables from WikiLeaks, Pfizer hired investigators to try to uncover evidence of corruption in order to pressure the Nigerian attorney general to drop the case against it.
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