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Barcelona - Rakuten Symphony, a subsidiary of the leading internet services company, Rakuten Group, and Kyivstar, Ukraine's largest telecommunications operator and VEON Group's wholly owned subsidiary, have announced the signing of a Letter of Intent (LoI) that confirms Kyivstar's interest in procuring and deploying Ra...
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www.telecomtv.com
https://www.telecomtv.com/content/open-ran/rakuten-symphony-and-kyivstar-sign-letter-of-intent-to-deploy-open-ran-to-rebuild-ukraine-s-digital-infrastructure-49751
4. Dec 28, 2014 will mark the end of the last chapter in the history of AirTran Airways, a wholly owned subsidiary of Southwest Airlines Co. ( LUV ). The date would be witness to the last flight scheduled by the carrier. After that, AirTran fleet will have combined operations under the Southwest Airlines brand.
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www.nasdaq.com
http://www.nasdaq.com/article/airline-stock-roundup-alaska-air-southwest-delta-in-focus-analyst-blog-cm357445
Mirvac could unlock significant value for shareholders if it sold down at least half of its residential business into a new special purpose vehicle and also undertake a share buy back, according to brokers.
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www.smh.com.au
https://www.smh.com.au/business/companies/mirvac-could-spin-off-resi-to-create-125b-jv-20151201-glccxd.html
"Unilever will be best served to have the Ben & Jerry's founders and departing executives sign a separation agreement that protects the interests of both Unilever and Ben & Jerry's, including a non-disparagement clause to ensure that both Ben & Jerry's and Unilever use positive public-facing language for the reasons be...
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www.prnewsonline.com
https://www.prnewsonline.com/pr-roundup-ben-jerrys-meltdown-apples-opportunity-bird-flu-leads-to-cat-food-recall
In addition to its majority ownership of CSI, Nucor currently operates five strategically located sheet mills that utilize thin slab casters to produce flat-rolled steel for automotive, appliance, construction, pipe and tube, and many other industrial and consumer applications. The company also has a sixth wholly owned...
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www.prnewswire.com
https://www.prnewswire.com/news-releases/california-steel-industries-to-build-galvanizing-line-at-fontana-mill-301706500.html
Last year, Sysco acquired 50% stake in Mexico-based Pacific Star Foodservice, which provided it with access to distribution centers where the latter is the leading distributor. The company also announced the acquisition of Tannis Trading in Canada, which will allow it to expand sales in Canada. In Sep 2015, Sysco's who...
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www.nasdaq.com
http://www.nasdaq.com/article/sysco-syy-5-reasons-to-add-the-stock-to-your-portfolio-now-cm670621
VAALCO operates the Mutamba Iroru Permit through its wholly owned subsidiary VAALCO Gabon (Production), Inc. VAALCO also is the operator of the Etame Permit offshore Gabon where it currently has net production of approximately 5,000 bopd.
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www.petroleumafrica.com
https://www.petroleumafrica.com/vaalco-farms-out-gabon-interest-to-supermajor
The wholly owned subsidiary of Toyota Motor Corporation (TYO:7203) based in Torrance, Calif., said Friday it sold 166,377 units in the U.S. in February, up 4.3 percent. "Despite rising gas prices, severe winter storms and concerns about the federal budget, February was a good indication of the overall strength of the m...
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www.ibtimes.com
https://www.ibtimes.com/february-2013-us-auto-sales-consumers-shrugged-sequestration-dealers-optimistic-despite-budget-cut
The operator of clothing chains including Pep and Ackermans is also embroiled in a court battle against former executives of shoe retailer Tekkie Town, which Steinhoff bought in 2016. Market reaction Pepkor shares have slumped 25 percent since Steinhoff's announcement almost a year ago that it had uncovered accounting ...
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www.biznews.com
https://www.biznews.com/briefs/2018/11/26/steinhoff-effect-pepkor-jse-fine
The Company is alsopleased to provide an update on its proposed acquisition (the 'Transaction') of all of the issued andoutstanding shares of Aurea Mining Inc. ('AureaMining'), a wholly owned subsidiary of Argonaut Gold Inc. ('Argonaut'), which through AureaMining's wholly owned subsidiary Minera Aurea S.A. de C.V. ('M...
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www.marketscreener.com
https://www.marketscreener.com/quote/stock/HELIOSTAR-METALS-LTD-35880566/news/Heliostar-Announces-Closing-of-C-20-4M-Private-Placement-and-Provides-Ana-Paula-and-San-Antonio-Tran-43292963/
Potential IRS changes to the tax-free treatment of spin-offs should not affect previously filed requests, the web portal said yesterday, adding that Yahoo had already lodged its plan and was still working towards undertaking the transaction in the fourth quarter. The stock fell 7.6 percent on Tuesday on concerns that I...
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www.iol.co.za
http://www.iol.co.za/business/international/yahoo-pushes-ahead-with-plan-to-spin-off-alibaba-stake-1861228
By Valentina Za and Nick Carey MILAN -Iveco Group is targeting compound annual growth in industrial revenue of 5% through to 2026 as its owner CNH Industrial prepares to spin off the truck and bus maker to focus on farm machinery and construction equipment. CNH's move mirrors a similar one by Daimler, whose truck opera...
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www.euronews.com
https://www.euronews.com/next/2021/11/19/cnh-industrial-divestiture-iveco-investor-day
But this approach has two big flaws, and it took Charlie Munger to finally point them out to Buffett. First, investing in these companies doesn't scale. As BPL and then Berkshire Hathaway began building more capital, there weren't enough of these types of investments for Buffett. Second, and more importantly, these are...
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www.nasdaq.com
https://www.nasdaq.com/articles/1-of-warren-buffetts-biggest-mistakes-may-have-been-the-best-thing-that-ever-happened-for
In other company news, AOL Time Warner said Wednesday that it was selling its stake in Hughes Electronics for $800 million. The company's goal is to reduce its nearly $27 billion debt, with possibilities including the sale of its professional baseball and basketball teams in Atlanta. It is also planning to spin off Tim...
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www.sfgate.com
https://www.sfgate.com/news/article/AOL-s-loss-is-biggest-ever-Ted-Turner-quits-2676296.php
BG Asia Pacific Holdings (BGAPH), a wholly owned subsidiary of Shell, reduced its shareholding in Mahanagar Gas from 32.5% to 24%, the oil company said in its statement on Wednesday.
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www.business-standard.com
https://www.business-standard.com/amp/article/companies/shell-reduces-stake-in-mahanagar-gas-to-24-from-32-5-stock-drops-3-118041100638_1.html
CIMB shares finished at RM7.95 on Friday, giving it a market capitalisation of RM85.22 billion. The bank's shares have risen 38.59% YTD. Bloomberg data shows that Khazanah has also offloaded 62 million shares in TIME dotCom Bhd (KL: TIMECOM ) — representing 3.35% equity interest — valued at RM305.99 million so far this...
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klse.i3investor.com
https://klse.i3investor.com/web/blog/detail/savemalaysia/2024-11-13-story-h473864613-Khazanah_reaps_over_RM5_bil_from_dividends_share_sale_this_year
American Airlines Group has no plans to spin off American Eagle Airlines. It intends to keep all three of its regional airlines — American Eagle Airlines, which has been part of American, and its two US Airways Express carriers, PSA Airlines and Piedmont Airlines.
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www.dallasnews.com
https://www.dallasnews.com/business/airlines/2014/04/09/american-eagle-airlines-to-fly-to-new-irving-nest1
In a separate development, Gildan Activewear Inc. announced that, through one of its wholly owned subsidiaries, it has acquired 100 percent of the equity interests of Phoenix Sanford LLC, the parent company of Frontier Yarns, for a total cash consideration of approximately $168 million.
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sourcingjournal.com
https://sourcingjournal.com/topics/sourcing/central-america-apparel-production-parkdale-gildan-frontier-yarns-kamala-harris-318452
The demerger is to happen as the first step and merger to happen as the immediate second step, both being proposed through a composite scheme of arrangement. Additionally, TCPL proposed to purchase the minority
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www.business-standard.com
https://www.business-standard.com/article/companies/tata-consumer-products-announces-recast-of-india-and-overseas-businesses-122032901469_1.html
Berry Global Group, Inc. has announced a merger with Zurich, Switzerland-based Amcor, PLC. The all-stock transaction will make Berry a wholly owned subsidiary of Amcor. Berry shareholders will receive a fixed exchange ratio of 7.25 Amcor shares per each Berry share they held at closing, giving Amcor and Berry sharehold...
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www.evansvilleliving.com
https://www.evansvilleliving.com/in-the-news-december-2024-january-2025
SINGAPORE - Postal service provider Singapore Post (SingPost) has entered into a conditional shares sale agreement with Yamato Asia, a wholly owned subsidiary of Yamato Holdings Co, to partially divest its stake in its associate company.
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www.straitstimes.com
https://www.straitstimes.com/business/companies-markets/singpost-to-cut-stake-in-gd-express-carrier-for-net-gain-of-s64m
L Brands needs to "take swift action to improve the performance of Victoria's Secret, by, among other things, correcting past merchandising mistakes and ensuring that Victoria's Secret is communicating a compelling, up-to-date brand image that resonates with today's consumers," Mitarotonda said in the letter.
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www.cnn.com
https://www.cnn.com/2019/03/05/investing/l-brands-victorias-secret-spinoff-barington-capital/index.html
Based on Nobel Prize-winning CRISPR/Cas9 technology, NTLA-2002 is the first single-dose investigational treatment being explored in clinical trials for the potential to continuously reduce kallikrein activity and prevent attacks in people living with hereditary angioedema (HAE). NTLA-2002 is a wholly owned investigatio...
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www.benzinga.com
https://www.benzinga.com/pressreleases/22/09/g28894443/intellia-therapeutics-announces-positive-interim-clinical-data-for-its-second-systemically-deliver
So it's actually at a lower multiple than the deal when it was originally announced." A spokesman for Qualcomm declined to comment further. Indeed, NXP shareholders who asked Qualcomm for more, including Elliott, have pointed to NXP's strong performance and the relative stock moves from NXP comparables, including Broad...
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www.cnbc.com
https://www.cnbc.com/2018/02/20/nxp-shareholders-owe-a-big-thank-you-to-broadcoms-ceo.html
Wesfarmers announced in April that it had agreed to sell the insurance broking and premium funding operations of its Insurance division to subsidiaries of Arthur J. Gallagher & Co for AUS$1,010m dollars. In addition to the purchase price, Wesfarmers will receive a distribution of approximately $150m to repay funding of...
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www.insurancebusinessmag.com
https://www.insurancebusinessmag.com/au/news/breaking-news/regulators-approve-wesfarmers-and-gallagher-deal-55494.aspx
Nissan Motor and Dongfeng Motor Group Co will spin off the heavy truck segment of their China venture to Dongfeng's state parent, paving the way for local production of Renault and Infiniti cars as well as a possible new Dongfeng-Volvo truck tie-up, Chinese media reported on Monday.
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carnewschina.com
https://carnewschina.com/2012/03/20/nissan-might-spin-off-china-jvs-heavy-truck-business-to-partner
In a significant reshaping of the energy sector, Marathon Oil Corporation (NYSE: MRO ) has finalized its merger with ConocoPhillips (NYSE:NYSE: COP ), as detailed in an 8-K filing with the Securities and Exchange Commission. The transaction, which was initially announced on May 28, 2024, was completed today, with Marat...
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www.investing.com
https://www.investing.com/news/sec-filings/marathon-oil-concludes-merger-with-conocophillips-93CH-3738057
Altria, which owns Philip Morris USA, Philip Morris International and about 85 percent of Kraft Foods Inc., faces three major tobacco lawsuits that have dragged down its stock price roughly 14 percent since March. Shares of Altria jumped $4.23, or 8.46 percent, to $54.23 on news that the company may separate into two o...
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nypost.com
https://nypost.com/2004/11/05/altria-breakup-of-philip-morris-kraft-in-works
Zurich Insurance Company Ltd, a wholly owned subsidiary of Zurich Insurance Group (Zurich), has agreed to sell 97.5 million H shares in New China Life Insurance Company Ltd. (NCI), representing 3.1% of the total issued share capital of NCI.
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www.lifeinsuranceinternational.com
https://www.lifeinsuranceinternational.com/news/zurich-insurance-divests-stake-in-new-china-life-150713
Dec production was down 5.2%yoy at 64.4mt. • Sheffield Forgemasters to cut up to 100 jobs as low steel prices force company to restructure its business Thermal coal (1st year forward cif ARA) US$38.00/t vs US$38.30/t on 30 December – Other: Tungsten - APT European prices $165–175/mtu vs $165–180/mtu last week and $165–...
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www.proactiveinvestors.co.uk
http://www.proactiveinvestors.co.uk/columns/sp-angel/24052/today-s-market-view-including-anglo-american-mariana-resources-bhp-billiton-sandstorm
The assets include 112,000 net acres of leasehold primarily in DeSoto and Red River Parishes—plus additional fee mineral lands—where Encana operates 300 wells. Estimated yearend 2014 proved reserves were 720 bcf of gas equivalent. As part of the deal, Encana will reduce its gathering and midstream commitments, which wi...
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www.ogj.com
http://www.ogj.com/articles/2015/08/encana-sheds-haynesville-assets-in-850-million-deal.html
Reliance Power slipped 0.72 per cent to Rs 20.55, as 7,58,91,151 company shares worth Rs 758.91 crore changed hands. Suzlon Energy shares climbed 4.28 per cent to Rs 38.95. A total 4,78,74,910 Suzlon Energy shares worth Rs 184.07 crore changed hands so far. Orient Green shares advanced 4.08 per cent to Rs 16.60, as 4,6...
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www.businesstoday.in
https://www.businesstoday.in/markets/company-stock/story/jaiprakash-power-yes-bank-suzlon-energy-orient-green-shares-see-high-volumes-on-nse-405034-2023-11-08"
Garden was reportedly an active participant in the examination of GE's operations that led to the June 2018 decisions to spin off the oil and gas business completely, selling the company's 62.5% stake in Baker Hughes, and to sell the company's lucrative healthcare unit (possibly loading it up with debt in the process)....
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www.fool.com
https://www.fool.com/investing/2018/10/11/why-ge-shareholders-may-be-in-for-an-even-wilder-r.aspx?referring_guid=02feb107-63c3-48f0-922a-6541c812da9a
The deal integrates Frontier's advanced fiber network, which encompasses 2.2M subscribers across 25 states, into Verizon's portfolio of fiber and wireless assets, including its best-in-class Fios offering. In addition to the deal announcement, Verizon ( VZ ) also reaffirmed its full-year 2024 guidance, including adjust...
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seekingalpha.com
https://seekingalpha.com/news/4147146-verizon-to-acquire-frontier-communications-in-20b-all-cash-deal
WILL VW AG TRANSITION TO A HOLDING COMPANY? Well that didn't take long. The Volkswagen Group allowed Porsche to partially spin off and do its own IPO, and now Porsche is worth more than the VW Group. 85 billion euros in market cap for Porsche to 77 billion for VW. Think about it. A small company that sells about 280,00...
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www.autoline.tv
https://www.autoline.tv/daily/ad-3421-stellantis-cpo-has-10-year-old-cars-w-120000-miles-using-acoustics-to-improve-aero-porsche-praises-mercedes
The 46,187-dwt Torm Ragnhild, built in 2005, is owned and managed by Torm A/S of Hellereup, Denmark. Torm has been in existence since 1889 and currently operates with a wholly owned fleet of 80 vessels ranging in size between 45,000 – 114,000 dwt.
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africaports.co.za
https://africaports.co.za/2023/09/10/africa-ports-ships-maritime-news-11-september-2023
Dicerna Pharmaceuticals, Inc. (Nasdaq: DRNA) (the "Company" or "Dicerna"), a leading developer of investigational ribonucleic acid interference (RNAi) therapeutics, today announced that Douglas M. Fambrough, Ph.D., President and Chief Executive Officer, will participate in a virtual fireside chat at the 42 nd Annual Go...
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apnews.com
https://apnews.com/press-release/BusinessWire/technology-business-73ed77788d5e4637956f88a5a212db2e
As a result, the Company will continue to evaluate the impact of any subsequent events on critical accounting assumptions and estimates made as of December 31, 2023 and will adjust amounts preliminarily reported, if necessary. About Independent Bank Group, Inc. Independent Bank Group, Inc. is a bank holding company hea...
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www.benzinga.com
https://www.benzinga.com/pressreleases/24/01/b36726765/independent-bank-group-inc-reports-fourth-quarter-financial-results-and-declares-quarterly-dividen
With this approval, the La Zarza concession moves from the exploration phase to the exploitation phase under Ecuador's mining law and permits Aurelian Ecuador S.A., the Company's wholly owned subsidiary, to enter into the Exploitation Agreement with the Government of Ecuador and to proceed with its plans to develop the...
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www.benzinga.com
http://www.benzinga.com/pressreleases/16/07/m8219244/lundin-gold-announces-government-approval-of-fruta-del-norte-phase-chan
FirstCash is the leading international operator of pawn stores and a leading provider of technology-driven point-of-sale payment solutions, both focused on serving cash and credit-constrained consumers. FirstCash's more than 2,800 pawn stores located in the U.S. and Latin America buy and sell a wide variety of jewelry,...
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finance.yahoo.com
https://finance.yahoo.com/news/firstcash-increases-size-revolving-bank-100000778.html
Travis Perkins shareholders have given the thumbs-up to plans to spin off its Wickes retail business.
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www.retailgazette.co.uk
https://www.retailgazette.co.uk/blog/2021/04/travis-perkins-shareholders-give-wickes-spin-off-the-green-light
"It's a barometer — this is telling us that getting deals done is difficult," said Martin Deboo, an analyst at Investec Securities in London who has a "hold" rating on the stock. "We're in very uncertain times." Cadbury, maker of Dairy Milk chocolate, said in March that it would sell or spin off its drinks unit followi...
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www.theage.com.au
https://www.theage.com.au/business/jitters-delay-auction-of-cadburys-us-drinks-unit-20070728-ge5gcp.html
Those include streaming; cable and satellite channels around the world; theatrical movie releases; and gaming. "I think it's a big benefit that we're a fully diversified company," Zaslav said, acknowledging a "moment of uncertainty" about Netflix and the wider streaming wars after Netflix reported its first subscriber ...
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stylemagazine.com
https://stylemagazine.com/news/2022/apr/26/david-zaslav-takes-netflix-his-first-earnings-call
1 Forward-Looking Information The LCR rule sets forth minimum liquidity standards designed to ensure that Covered Companies maintain adequate liquidity under a 30-calendar day period of stress. Accordingly, the LCR rule prescribes assumptions with respect to the liquidity of certain asset classes and cash flows associa...
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insurancenewsnet.com
https://insurancenewsnet.com/oarticle/q2-2024-ubs-americas-holding-llc-liquidity-coverage-ratio-disclosure
Viscount Mining Corp ( CVE:VML ) (OTCQB:VLMGF) announced Wednesday it has entered into an exploration earn-in agreement with a wholly owned subsidiary of Centerra Gold Inc ( TSE:CG ). Centerra is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North Amer...
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www.proactiveinvestors.co.uk
https://www.proactiveinvestors.co.uk/companies/news/937780/na-proactive-news-snapshotpyrogenesis-water-tower-research-viscount-mining-true-leaf-brands-kintara-therapeutics-hempfusion-wellness-update--937780.html
For some reason, automakers often seem to choose names that we pundits dislike. "Stellantis" sounds more like a prescription medication than a car company, and Chevrolet's Bolt could be, and often was, confused with the same company's Volt. (Could better names have saved these ill-fated vehicles?) Above: A look inside ...
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evannex.com
https://evannex.com/blogs/news/revenge-of-the-model-e-ford-spins-off-its-electric-vehicles-into-a-separate-business-unit
McAfee, a wholly owned subsidiary of Intel, has agreed to acquire network firewall solutions provider Stonesoft, offering $5.90 for each outstanding share of Stonesoft in the all-cash deal, equal to a 128% premium relative to Stonesoft's May 3 closing price. The total value of the acquisition announced today is approxi...
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www.aol.com
https://www.aol.com/2013/05/06/intels-mcafee-to-acquire-firewall-provider-for
VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) today announced the recognition of two executives for their industry contributions. President and Chief Executive Officer, Michael DeGiglio, has been named a 2023 Notable Lea...
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www.globenewswire.com
https://www.globenewswire.com/news-release/2023/10/11/2758199/0/en/village-farms-international-and-executives-recognized-for-cannabis-industry-contributions.html
Similarly, Qantas CEO Alan Joyce seemed to back IAG's sponsorship of Qatar into Oneworld, despite the fact that Qatar and Emirates are regional rival carriers. To this point, Oneworld CEO Ashby summarized the purpose of this new "open" style of doing business at the press conference in New York:
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www.travelcodex.com
https://www.travelcodex.com/its-official-qatar-joins-oneworld-alliance-global-alliance-shakeups-continue
Warner Bros Discovery is considering a plan to split its linear television networks and streaming service as its market capitalization continues to fall. The company is currently has a valuation of $20 billion while holding $39 billion in debt. The plan would to free Max and their studio business up to continue its fas...
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basketball.realgm.com
https://basketball.realgm.com/wiretap/276770/WBD-Considering-Plan-To-Spin-Off-Max-Amid-NBA-Match-Window
TORONTO, Sept. 12, 2016 /CNW/ - Pacific Exploration & Production Corp. (the " Company ") is pleased to provide an update with respect to its previously announced plan of compromise and arrangement (the " Plan ") pursuant to the Companies' Creditors Arrangement Act ( Canada ) in connection with its comprehensive restruc...
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www.newswire.ca
http://www.newswire.ca/news-releases/pacific-provides-an-update-on-its-restructuring-transaction-and-anticipated-implementation-date-593186411.html
Canaccord Genuity has been appointed to act as the lead manager and bookrunner for the proposed equity raising. Investec remains the financial advisor to the Voluntary Administrators, and Herbert Smith Freehills is acting as the legal advisor.
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www.miningreview.com.au
https://www.miningreview.com.au/gascoyne-recapitalisation-and-relisting
When all of its deals close, the company will have just two wholly owned properties, including the flagship MGM Grand, remaining under its ownership. The company is keeping a 5% stake in the Blackstone-led venture that's buying Bellagio. "The casino industry is evolving and we figured the best use of our intellectual c...
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macaudailytimes.com.mo
https://macaudailytimes.com.mo/gaming-mgm-agrees-to-sell-bellagio-to-blackstone-for-4-25-billion.html
Emerson, which said last June it would seek to spin off the network power business and explore options for its remaining non-core portfolio, is also talking with private equity firms about pursuing a transaction, including Platinum Equity LLC, the people added. Other companies have also expressed interest, according to...
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www.businesstimes.com.sg
http://www.businesstimes.com.sg/energy-commodities/siemens-approaches-emerson-to-buy-network-power-unit
Accordingly, if a long-anticipated rebound is finally coming for battered U.S.-listed China stocks, TuSimple could be well-positioned to benefit by splitting its China and U.S. businesses into separate companies to eliminate a major regulatory risk. Others to follow? That said, we'll spend the rest of this space lookin...
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www.benzinga.com
https://www.benzinga.com/markets/asia/22/03/26225124/tusimple-looks-to-decouple-from-china-others-to-follow
Plus, according to analysts at Deloitte, up to 60% of Canadians would use cannabis edible products. That's opening a wide range of opportunity for companies such as Nutritional High International Inc. (CSE:EAT) (OTCQB:SPLIF), KushCo Holdings Inc. (OTCQX:KSHB), Cronos Group Inc. (NASDAQ:CRON), Aphria Inc. (NYSE:APHA) (T...
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www.finanznachrichten.de
https://www.finanznachrichten.de/nachrichten-2019-09/47671906-these-are-some-of-the-top-beneficiaries-of-canada-s-october-2019-cbd-news-008.htm
IMPORTANT INFORMATION FOR INVESTORS AND SHAREHOLDERS Should Diebold, Inc. (" Diebold ") and Wincor Nixdorf AG (" Wincor Nixdorf ") proceed with the contemplated business combination transaction, they expect that Diebold would file a Registration Statement on Form S-4 with the U.S. Securities and Exchange Commission (" ...
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www.newswire.ca
http://www.newswire.ca/news-releases/diebold-in-discussions-with-wincor-nixdorf-on-potential-business-combination-533569381.html
In April last year, the Supreme Court had ruled that power distribution firms like Adani Power Ltd and Tata Power Ltd cannot charge "compensatory tariff" from consumers and set aside the appellate tribunal's judgement in this regard. Tata Power's wholly owned subsidiary Coastal Gujarat Power Ltd and Adani Power had ori...
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www.asianage.com
https://www.asianage.com/business/companies/230718/panel-explores-options-for-stressed-power-projects-of-tata-essar-adani.html
Mars, a privately held company known for brands like Snickers and M&Ms, has recently expanded into healthier snacks, acquiring snack-bar maker Kind and Nature's Bakery in 2020. Meanwhile, Kellanova has faced declining sales but reported growth in North America last quarter. The context: The acquisition would be one of ...
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www.capitalbrief.com
https://www.capitalbrief.com/briefing/mars-eyes-kellanova-valuing-kellogg-spin-off-at-46b-77b3a4fe-6d84-4aaf-81b2-7d9091e63c13
On Jun 4, 2014, we issued an updated research report on Newfield Exploration Company ( NFX ). Success at Uinta Basin, South Cana, Bakken and Eagle Ford should drive the company's performance. We expect the yields from these plays to nearly double in 2014. Further, Newfield's international asset divestitures like the Ma...
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www.nasdaq.com
http://www.nasdaq.com/article/balanced-view-on-newfield-exploration-analyst-blog-cm360154
"As far as we are concerned we are paying a knockout price for Foodland Australia," said Metcash CEO Andrew Reitzer. "With regard to Foodland New Zealand, it's business as usual, it will stay with Foodland shareholders via the issuance of NZ preference shares under our offer and their subsequent conversion into shares ...
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www.just-food.com
https://www.just-food.com/news/australia-metcash-ups-foodland-offer-plans-nz-spin-off
However, the footage also showed an online store where players could purchase a Season Pass and in-game items. Indeed there seem to be elements of Epic Games' Fortnite in the canceled Timesplitters ga me, including a mention of some kind of "open world" and modes that would have supported up to 100 players. However, th...
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www.neowin.net
https://www.neowin.net/news/leaked-footage-of-the-canceled-timesplitters-reboot-has-hit-the-internet
[2] [3] [12] The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart holds only a minority stake in W...
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original.newsbreak.com
https://original.newsbreak.com/@wnnr-db-orlando-florida-nothin-nice-radio-1589024/2371811808992-wal-mart-in-orlando-florida-brings-in-self-check-out-machines
Smith said Citigroup shares had been bolstered last week by talk that the bank could replace Krawcheck or even Prince, or could spin off some units.
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www.cnbc.com
https://www.cnbc.com/2006/12/14/prince-eyes-cost-cuts-at-citigroup-rules-out-major-deals.html
Ant Group is an affiliate of Chinese tech giant Alibaba—cofounded by billionaire Jack Ma — whose stock slumped as much as 5.9% on Monday following the report and eventually closed at a price of $20.67 (HK$160.80) per share, down 4.23% from the start of the day.
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www.forbes.com
https://www.forbes.com/sites/siladityaray/2021/09/13/alibaba-shares-drop-as-china-reportedly-seeks-to-break-up-jack-mas-alipay/?sh=6b433e752bc8
Xtrackers ETFs are managed by DBX Advisors LLC (the Advisor), and distributed by ALPS Distributors, Inc. (ALPS). The Advisor is a wholly owned subsidiary of DWS Group GmbH & Co. KGaA, and is not affiliated with ALPS. Investing involves risk, including possible loss of principal. Stocks may decline in value. Bond invest...
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www.businesswire.com
https://www.businesswire.com/news/home/20220217005939/en/DWS-Announces-Change-in-Creation-Unit-Size-for-Xtrackers-MSCI-Kokusai-Equity-ETF
To be made at Suzuki Motor Gujarat (SMG) plant, a wholly owned subsidiary of the Japanese parent company, the Maruti YTB will share its platform, engine, gearbox and several other components with the highly successful Baleno hatchback. The time-proven 1.2-liter K-Series petrol engine with AMT or MT would bring in the m...
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www.rushlane.com
https://www.rushlane.com/maruti-baleno-suv-ytb-gujarat-plant-apr-2023-launch-12436099.html
Mulcahy also proved willing to make tough decisions. In June 2001, she went to Rochester, N.Y., to shut down the unit that made desktop inkjet printers—a business she had supported. Soon after taking the reins, she eliminated the dividend and announced that Xerox would seek to spin off PARC as a separate company.
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slate.com
https://slate.com/business/2003/02/can-anne-mulcahy-tame-xerox-and-outshine-carly-fiorina.html
Reuters reports that the company's total debt is roughly $7.1 billion and that QCP will put its own management teams in place at properties previously managed by HCR. Under the terms of the agreement, HCR's operating subsidiaries will not file for Chapter 11 bankruptcy protection. The parent company's name and brand wi...
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rebusinessonline.com
https://rebusinessonline.com/seniors-housing-operator-hcr-manorcare-to-file-for-bankruptcy-following-385m-rent-delinquency
Besides increasing his stake in Apple Inc. (NASDAQ:AAPL), Icahn disclosed a new stake in the online auction company eBay Inc (NASDAQ:EBAY). As of March 31, he owned 27.8 million shares of the company. Notably, Icahn had been putting pressure on eBay to spin off its payments arm PayPal. But eBay announced last month tha...
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www.valuewalk.com
https://www.valuewalk.com/carl-icahn-buys-another-2-8-million-apple-inc-shares
Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced that, at a meeting of its board of directors held today, it has decided to spin off, through an absorption-type separation, its Mobile Multimedia SoC Business Division and transfer the business to a new ...
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www.pressebox.com
https://www.pressebox.com/pressrelease/renesas-electronics-europe/renesas-electronics-to-spin-off-its-mobile-multimedia-soc-business/boxid/384556
The relationship between Nationstar and Xome — an auction house that is a wholly owned subsidiary of a mortgage servicer — is unusual. "I know of nobody else that has that kind of setup," said Jon Daurio, who runs Nikkael Home Loans, a mortgage broker in Tustin, California, and a veteran of the mortgage industry.
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capitalandmain.com
https://capitalandmain.com/mortgage-servicer-accused-of-pushing-distressed-homeowners-onto-its-auction-site
Ofirmev sales are expected to be driven by strong demand, as customers focus on non-opioid or multimodal pain management. We also expect the company to throw more light on its business separation plan. In December 2018, the company announced that it intends to spin-off the Specialty Generics/Active Pharmaceutical Ingre...
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www.zacks.com
https://www.zacks.com/stock/news/406952/is-a-beat-in-the-cards-for-mallinckrodt-mnk-q1-earnings/?art_rec=blog-analyst_blog-up_next-ID01-txt-406952
It is suspected that there is a possible defect in bolt torquing, which in a rare case, may loosen in the long run. Tata Power: Resurgent Power Ventures Pte Ltd completed acquisition of South East UP Power Transmission Company (SEUPPTCL). Resurgent Power Ventures Pte Ltd is a joint venture based out of Singapore, where...
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timesofindia.indiatimes.com
https://timesofindia.indiatimes.com/business/markets/adani-power-hdfc-life-sbi-and-other-stocks-in-news-today/articleshow/94291025.cms
BMS also has its wholly owned dual-immunotherapy regimen, a combination of Opdivo and CTLA-4 agent Yervoy, which has been marketed since April 2018 in kidney cancer and has longer-term survival data. But that pairing is approved specifically for intermediate- and high-risk patients, while both Keytruda-Inlyta and Opdiv...
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journalforclinicalstudies.com
https://journalforclinicalstudies.com/marketing-bristol-myers-exelixis-get-in-fda-fast-lane-for-opdivo-cabometyx-combo-in-kidney-cancer
Cabcharge spokeswoman Tracey Cain said yesterday the company had received no paperwork in relation to the suit "therefore I can't comment any further other than to say that Cabcharge always behaves appropriately". Cabcharge issued a statement to the Australian Securities Exchange at 3.14pm, also saying no papers had be...
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www.smh.com.au
https://www.smh.com.au/business/cabcharge-accused-over-market-power-20090626-d00o.html
Total payments volume on Jumia Pay more than doubled year on year to reach an all-time high of €53.6 million ($63.1 million) as transactions topped 2.4 million. While the growing conversion of more users within the Jumia marketplace represents good news for the company, its long-term focus involves positioning its Jumi...
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qz.com
https://qz.com/africa/1891185/jumia-paying-5-million-to-settle-class-action-fraud-claims
Operating expenses for the quarter increased 12.9%, or $102 million, over the prior year period, including a non-cash impairment charge of approximately $6 million related to an asset held by LiveTV, JetBlue's wholly owned subsidiary. JetBlue's operating expense per available seat mile (CASM) for the third quarter incr...
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www.aviationpros.com
https://www.aviationpros.com/home/news/10378823/jetblue-announces-third-quarter-results
As we saw in the first part of the series, Microsoft (MSFT) is buying social networking giant LinkedIn (LNKD) in a $23.9 billion transaction including net cash on hand. LinkedIn will operate as a standalone entity within Microsoft. This transaction is part of Microsoft's push to have more cloud-based offerings. It want...
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marketrealist.com
https://marketrealist.com/2016/06/whats-rationale-amsurg-envision-merger
Private-equity honcho J. Christopher Flowers is considering buying billions of dollars worth of bad debt on the cheap from American International Group as the struggling insurance giant looks to offload its most toxic assets, The Post has learned. As The Post reported last week, AIG hired JPMorgan Chase to help it stru...
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nypost.com
http://nypost.com/2008/09/13/flowers-eyes-aigs-bad-debt
Ricoh will acquire 51 percent of InfoPrint at the close of the transaction, which is expected by the second quarter 2007, and the remaining 49 percent over the next three years. A second review of the transaction, taking into account profits and losses, will also take place at the end of the transfer period. InfoPrint ...
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www.cnet.com
http://www.cnet.com/news/ibm-ricoh-strike-printing-systems-deal
Dublin, Ireland - March 23, 2023 - Globalstar Europe Satellite Services Ltd., a wholly owned subsidiary of Globalstar, Inc. (NYSE American: GSAT) today announced that a major international provider of hazardous gases is helping organisations and consumers to use cleaner energy.
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www.marketscreener.com
https://www.marketscreener.com/quote/stock/GLOBALSTAR-INC-16313081/news/Globalstar-Ovinto-and-Satellite-IoT-Support-Clean-Energy-with-Safe-Worldwide-Transport-of-Hazardou-43320974/
Caterpillar Inc. 's ( CAT ) shares hit a 52-week high of $102.76 during intraday trading on Apr 2, buoyed by a report that the U.S private jobs have picked up and China's mini stimulus will rev up its economy. The stock finally closed at $102.63, gaining almost 3% in a day. The closing share price reflects a year-to-da...
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finance.yahoo.com
http://finance.yahoo.com/news/caterpillar-looks-positive-despite-tax-125020304.html
The Shenzhen-based gaming and social media giant is offering $9 in cash for each of Sogou's American Depositary Share that it doesn't already own, according to an online statement Sogou put out on Tuesday. The deal, if completed, would see the company go private and become a wholly owned subsidiary of Tencent. Sogou's ...
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www.forbes.com
https://www.forbes.com/sites/ywang/2020/07/27/tencent-aims-to-bolster-search-business-with-proposed-sogou-buyout
Eicher Motors reported a better-than-expected performance for the June quarter. Net profit growth at the consolidated level stood at Rs 376 crore, 58.6 per cent higher than a year ago. The consensus estimates had pegged the number at Rs 354 crore. Good operational show at the standalone entity (Royal Enfield) and the c...
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www.business-standard.com
https://www.business-standard.com/article/opinion/strong-margins-boost-eicher-june-quarter-show-116072801616_1.html
"We are thrilled and privileged to welcome Dr. Sulkowski and Dr. Feld as members of our SAB as we rapidly advance the development of PBGENE-HBV towards the clinic," said Michael Amoroso, President and Chief Executive Officer of Precision BioSciences. "Together, they bring immense expertise as investigators in hepatitis...
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www.stocktitan.net
https://www.stocktitan.net/news/DTIL/precision-bio-sciences-expands-hepatitis-scientific-advisory-board-mzpczwc53jj1.html
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is impor...
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www.tradestation.com
https://www.tradestation.com/insights/2025/07/15/tradestation-trade-bar-time-price-activation-rules
Goldman Sachs JBWere analyst Alastair Hunter told clients that Qantas remained strong in the short term as it prepared to spin off parts of the business. "We expect separation of the frequent flyer program remains on track for an in specie distribution to shareholders in (fiscal year 2009)," he said. "First-time disclo...
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www.theage.com.au
https://www.theage.com.au/business/goldman-call-adds-to-qantas-shares-tail-spin-20080117-ge6m5z.html
The company will issue a secured debenture to Noble Resources International, a wholly owned subsidiary of the Noble Group, to raise the $20 million cash to augment available funding and progress construction activities at Boikarabelo. An export coal offtake contract for 2.5 million tonnes of coal has also been entered ...
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www.proactiveinvestors.co.uk
http://www.proactiveinvestors.co.uk/companies/news/43657/shaft-sinkers-expects-to-hit-full-year-targets-43657.html
With Sydney and Melbourne both likely to open up retailing by October or November, Myer will be hoping shoppers will sprint back to stores in the lead up to Christmas - with heavy wallets. It might also give Myer a bit of time to progress the plan to spin off its online business. While this may be little more than a th...
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www.theage.com.au
https://www.theage.com.au/business/companies/myer-finally-earns-a-reprieve-from-lew-s-onslaught-20210916-p58s94.html
Roy van Keulen is an equity analyst, ANZ, for Morningstar*. He covers the Australian technology sector. His specialties include online marketplaces, and vertical & horizontal SaaS businesses. Before joining Morningstar in 2021, Van Keulen conducted a Ph.D. study at Leiden University on the impact of the digital revolut...
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www.morningstar.com
https://www.morningstar.com/stocks/carsalescom-changes-name-car-group
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (CDB Leasing), has delivered the first of four Embraer E190 aircraft to Bolivia-based Amaszonas Línea Aérea (Amaszonas). The Embraer regional jets, configured with 110 seats in a single-class layout, will modernize the Amaszo...
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avitrader.com
https://avitrader.com/2019/10/24/cdb-aviation-delivers-first-of-four-embraer-e190-aircraft-to-amaszonas
Intel Corporation (NASDAQ:INTC) is planning to spin off Mobileye sometime in the coming months. That means it'll soon be a separate company again, and you'll be able to buy its shares.
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www.valuewalk.com
https://www.valuewalk.com/wheres-my-self-driving-car
LAVAL, Quebec, June 12, 2018 /PRNewswire/ -- Bausch + Lomb, a leading global eye health company and wholly owned subsidiary of Valeant Pharmaceuticals International (NYSE/TSX: VRX), today announced the introduction of Ocuvite ® Blue Light eye vitamins, a nutritional supplement formulated with lutein and zeaxanthin, the...
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www.prnewswire.com
https://www.prnewswire.com/news-releases/bausch--lomb-introduces-ocuvite-blue-light-eye-vitamins-300664666.html
About Stifel Financial Corp. Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel's broker-dealer clients are served in the United States th...
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aijourn.com
https://aijourn.com/tobin-scientific-closes-65m-investment-to-accelerate-growth-across-life-sciences-infrastructure
Pfizer shares rose 3 percent to $29.65 on Wednesday while Zoetis shares fell 1.5 percent to $32.53, moving closer to their relative values under the estimated exchange ratio.
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www.reuters.com
https://www.reuters.com/article/business/pfizer-to-spin-off-zoetis-stake-to-shareholders-idUSBRE94L0JC
About Moneta Gold Moneta is a Canadian based gold exploration company focused on advancing its 100% wholly owned Tower Gold project, which currently hosts a gold mineral resource estimate of 4.3 Moz indicated and 7.5 Moz inferred. The Corporation's 2022 drill program is primarily designed to infill and upgrade the reso...
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investingnews.com
https://investingnews.com/moneta-confirms-additional-gold-mineralization-at-gap-tower-gold-project
The company last month announced plans to spin off the Madison Square Garden venue — home to the NBA's New York Knicks and NHL's New York Rangers — as well as Radio City Music Hall, the Radio City Rockettes and Christmas Spectacular. The publicly traded company is expected to debut this spring.
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therealdeal.com
https://therealdeal.com/new-york/2023/01/05/dolan-eyes-auction-for-tao-nightclub-and-restaurant-chain
Supreme Pharmaceuticals, through its wholly owned subsidiary, 7ACRES, is one of the first 40 federally licensed Canadian producers of medical cannabis pursuant to the ACMPR. The company operates inside a 342,000 sq. ft. Hybrid Greenhouse facility located in Kincardine, Ontario. It is the largest facility of its kind to...
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www.prnewswire.co.uk
https://www.prnewswire.co.uk/news-releases/australia-making-big-strides-toward-playing-catch-up-in-cannabis-market-656623373.html
Mukesh Ambani's ambitious telecom venture Reliance Jio reported a loss of Rs 270.59 crore in its first quarterly financial performance for the period ended September 30. However, Reliance Industries Ltd's fiscal second-quarter net profit at Rs 8,097 crore just about met the expectations despite the Jio loss, on the bac...
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www.financialexpress.com
http://www.financialexpress.com/industry/reliance-jio-posts-loss-of-rs-271-crore-mukesh-ambani-says-jio-has-positive-ebit-contribution-to-ril-q2-results/893451