by | Oct 28, 2010 | Towing
Walmart Stores (WMT) may change its plans to buy South African retailer Massmart, choosing instead to take a majority stake in the company.
This would allow Massmart to maintain its listing on the Johannesburg Stock Exchange, The Wall Street Journal reported.
Sponsored Links
Walmart is now weighing up the option of buying a stake in Massmart greater than 50% of the company. The price would remain…
Continue reading Walmart Considers Scaling Back Massmart Plans
Walmart Considers Scaling Back Massmart Plans originally appeared on DailyFinance on Thu, 28 Oct 2010 06:44:00.
Filed Under: Company News, Wal-Mart Stores, Retail, Stocks in the News
by | Oct 27, 2010 | Towing
CommScope (CTV), a maker of telecommunications equipment, agreed to be purchased by private equity firm The Carlyle Group for $3.9 billion.
Under the terms of the deal, Carlyle will acquire all of the outstanding shares of CommScope common stock for …
by | Oct 27, 2010 | Towing
Comcast (CMCSA) reported earnings of 31 cents per share for the third quarter, compared with 33 cents per share a year earlier.
Earnings were negatively impacted by the costs of the NBC Universal transaction, the company said in a statement.
Revenue rose 7.3% to $9.5 billion, driven by solid operating results in the company’s cable and programming segments.
Sponsored Links
“Our results mark the…
Continue reading Comcast Reports Third Quarter Earnings of 31 Cents Per Share
Comcast Reports Third Quarter Earnings of 31 Cents Per Share originally appeared on DailyFinance on Wed, 27 Oct 2010 07:19:00.
Filed Under: Company News, Technology, Earnings, Media, Comcast
by | Oct 26, 2010 | Towing
AutoTrader.com has agreed to buy the venerable Kelley Blue Book automobile pricing enterprise for an undisclosed amount, the companies said Tuesday.
Kelley Blue Book will operate as a subsidiary of AutoTrader and continue to be headquartered in Irvin…
by | Oct 26, 2010 | Towing
HSBC (HBC) may be considering a bid for Northern Trust (NTRS), a California-based financial services group, The Daily Mail said.
Northern Trust has more than $643 billion of assets under management and counts more than 20% of the wealthiest families in the U.S. among its clients.
Sponsored Links
“Rumors persist that [HSBC] is lining up a $65 a share cash offer,” the Daily Mail said, without naming…
Continue reading HSBC May Consider Buying Northern Trust
HSBC May Consider Buying Northern Trust originally appeared on DailyFinance on Tue, 26 Oct 2010 07:30:00.
Filed Under: Company News, Investing, Credit, Stocks in the News
