Drugstore chain Walgreen is looking to sell its pharmacy-benefits management business and has hired Bank of America to run an auction.
Continue reading Walgreen Seeks to Sell Pharmacy-Benefits Business
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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.
“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
General Motors said it will stick to its pledge to keep certain levels of vehicle production in the United States until it has fully repaid the U.S. taxpayer.
GM had proposed making 1.8 million vehicles in the United States this year, with output inc…
The results of a late-stage trial show Menveo could offer protection against meningitis — an infection of the brain and spinal cord. Now, the drugmaker intends to file Menveo for use in infants in the U.S. and Europe.
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Japan and the U.S. signed a treaty that will reduce barriers to flights between the countries and encourage collaboration between the countries’ airlines, Bloomberg News reported.
“I am optimistic that we will see an increase in the numbers of passengers traveling between our countries,” said U.S. Ambassador John Roos, after signing the treaty in Tokyo.
The treaty will reduce…
Continue reading Japan, U.S. Sign Treaty to Boost Air Travel
Japan, U.S. Sign Treaty to Boost Air Travel originally appeared on DailyFinance on Mon, 25 Oct 2010 08:47:00.
Filed Under: Company News, Stocks in the News