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Medtronic Reportedly in Merger Talks with Covidien
Saturday, June 14, 2014 - 4:56pm | 60Read More...Medical-device maker Medtronic (NYSE: MDT) is reportedly in advanced merger talks with rival Covidien (NYSE: COV), according to sources, as reported by the Wall Street Journal. The deal, which is said to be valued at $45-$50 billion, could be announced on Monday.
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U.S. Utilities Anticipate Negative Effects From Obama's New Climate Policies
Thursday, June 27, 2013 - 3:47pm | 329Read More...On Tuesday at Georgetown University, President Barack Obama outlined the first-ever set of U.S. governmental plans to regulate corporate environmental footprints. As reported by the Wall Street Journal, the president proposed to place limits on carbon dioxide emissions from coal-based power...
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Marchionne Looks to Acquire Full Chrysler Ownership
Tuesday, May 28, 2013 - 11:31am | 239Read More...Sergio Marchionne, who serves as CEO of both Fiat (OTC: FIATY) and Chrysler, is looking buy six percent of the American car company from the US Treasury, leading to majority control, according to The Wall Street Journal. The Wall Street Journal also reported that the firm hopes to buy a stake...
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Google Streaming Music Service Rumored -WSJ
Saturday, February 23, 2013 - 2:03pm | 60Read More...Google's (NASDAQ: GOOG) Android division is negotiating with music companies in preparation of launching a streaming music service, according to the Wall Street Journal. The service will reportedly be similar to Spotify, which charges $9.99 per month for unlimited use and also has a free, ad-...
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Microsoft Testing Own Smartphone Design
Friday, November 2, 2012 - 7:59am | 62Read More...Microsoft (NASDAQ: MSFT) is currently testing its own smartphone design, according to the Wall Street Journal. The publication cites sources that say the company is working with Asian suppliers on a prototype phone with a screen that is between 4” and 5” in diagonal. There is no guarantee the...
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China Regulators Approve Wal-Mart's Purchase of Majority Stake in Yihaodian -WSJ
Tuesday, August 14, 2012 - 6:54amRead More... -
Alibaba Seeks Funding from Singapore's Temasek to Buy Stake From Yahoo -Bloomberg
Sunday, October 9, 2011 - 10:43pm | 86Read More...Alibaba Group (ALBCF) is apparently holding discussions with Temasek Holdings about providing funding to buy back the 40 percent stake of the Chinese business-to-business e-commerce company owned by Yahoo (NASDAQ: YHOO), according to sources. The deal could be part of a larger bid for Yahoo with...
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Groupon Co-Founder's Investor Group Reaches Deal to Acquire Wrigley Building -WSJ
Friday, September 16, 2011 - 10:56pm | 59Read More...A group of investors that includes Groupon co-founders Eric Lefkofsky and Brad Keywell, have reached a tentative deal to buy Chicago's iconic Wrigley Building, according to sources. The price was not disclosed, but is believed to be about $40 million. BDT Capital Partners of Chicago is the lead...
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Alibaba Announces Tablet Computer Launch By Year End
Friday, September 9, 2011 - 8:47am | 48Read More...President of Alibaba Cloud Computing, Wang Jian, said on Friday the company will launch a tablet computer based on a proprietary operating system, within the next two months. Wang said Alibaba has been approached by handset makers about using its operating system, but would not name the companies.
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Trustee Sues Temple-Inland for $1B -WSJ
Tuesday, August 23, 2011 - 12:00am | 100Read More...A court-appointed trustee has filed a lawsuit against Temple-Inland (NYSE: TIN), former parent of Guaranty Financial Group, contending that it loaded up the bank with risky securities and siphoned nearly $600 million in dividends from its coffers. Kenneth Tepper, representing the bank's creditors...
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Bank of America to Cut 3,500 Jobs this Quarter -WSJ
Thursday, August 18, 2011 - 11:45pm | 58Read More...Bank of America (NYSE: BAC) plans on cutting 3,500 jobs during the current quarter and thousands more over the coming months, according to sources. The 3,500 positions to be eliminated include investment banking and trading, and the cuts are expected to be completed by late September. Some...
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Baidu Exits Microblogging Business -WSJ
Tuesday, August 9, 2011 - 1:14pm | 37Read More...Baidu has decided to give up on its microblogging service, Shuoba. “Due to adjustments in the company's operations, starting today Shuoba is accepting no new user posts, and on August 22 the entire Shuoba service will be suspended.”
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First Solar Hires Energy Investor For Acquisitions and Partnerships -WSJ
Monday, August 1, 2011 - 8:30am | 54Read More...First Solar (NASDAQ: FLSR) has hired Cory Steffek, a former investor at venture capital firm Altira Group, to advise the company in making acquisitions and establishing partnerships, according to VentureWire. Read the full article here.
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Novartis No Longer Interested in Pursuing Gen-Probe Acquisition -WSJ
Tuesday, July 19, 2011 - 1:24pmRead More... -
Ex-Nasdaq Employee Pleads Guilty to Insider Trading -WSJ, Reuters
Thursday, May 26, 2011 - 4:09pm | 10Read More...Donald Johnson ex-NASDAQ employee has plead guilty to insider trading.
