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EMC raises stock buyback plan to $6 bln, starts dividend
ReutersMay 30 (Reuters) - EMC Corp increased its share buyback program to $6 billion from $1 billion by end-2015 and said it would start paying out a quarterly cash dividend of 10 cents per share. Shares of the data storage equipment maker rose almost 4 percent...Tags: Buyback, Stock Market, EMC Corporation
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Nasdaq to pay $10M fine over Facebook IPO mistakes
ReutersNasdaq on Wednesday agreed to pay the largest-ever penalty levied against a stock exchange -- $10 million -- to settle civil charges over Facebook's initial public offering last year. U.S. securities regulators said Nasdaq's “ill-fated decisions&...Tags: Media Industry, Computing and Information Technology Industry, NASDAQ, Financial Markets, Chicago Board Options Exchange
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Exelon stock slammed after power reserve auction
Crain's Chicago Business reports: Exelon stock fell more than 7.5 percent Tuesday, to $32.04, on the New York Stock Exchange after auction results for power reserves in 2016 came in at less than half of a previous sale. That will knock Exelon's capacity...
Tags: Stock Market, Auction Service
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Guess forecasts strong sales this quarter; shares rise
Reuters(Reuters) - Apparel retailer Guess Inc forecast current-quarter sales above Wall Street's estimates after reporting a higher-than-expected quarterly profit, sending its shares up 10 percent in trading after the bell. The retailer forecast total second-...Tags: Companies and Corporations, Earnings Forecasts, Corporate Officers, Thomson Corporation, Stock Market
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Dole Food suspends share buyback; to acquire specialty ships
ReutersMay 28 (Reuters) - Dole Food Company Inc indefinitely suspended its share repurchase program, less than a month after announcing it, and said it would instead buy three new specialty built refrigerated container ships for $165 million. The company had...Tags: Buyback, Stock Activities, Stock Market
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CORRECTED-Coty says IPO to raise up to $1.2 bln
Reuters(Corrects paragraph 6 to say private equity firm Berkshire Partners, not Berkshire Hathaway Inc, owns a stake in Coty) May 28 (Reuters) - Fragrance maker Coty Inc said it expected its initial public offering of up to 65.7 million shares to be priced at...Tags: Reckitt Benckiser, Morgan Stanley Dean Witter & Company, Bottega Veneta, Health and Beauty Products, Estee Lauder Cos.
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Cisco challenges Microsoft buy of Skype in EU court
Reuters* Cisco says European Commission was wrong to approve deal * If court challenge successful, regulators would have to annul deal * Case is one of several merger challenges at the Luxembourg court By Foo Yun Chee BRUSSELS, May 28 (Reuters) - Cisco...Tags: Sony Corp., Companies and Corporations, Politics, International Organizations, Ryanair Holdings Plc
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EU mergers and takeovers (May 29)
ReutersBRUSSELS, May 29 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- U.S. communications company Syniverse Technologies to buy Luxembourg-based...Tags: Goldman Sachs Group, Inc., Telefonica SA, Car Guides and Reviews, ConAgra Foods Incorporated, Central European Media Enterprises
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Cisco says Microsoft strengthened a monopoly with Skype deal
Reuters* Cisco asks Europe's second-highest court to annul EU decision * Says EU Commission was wrong to approve creation of a monopoly * Commission lawyer points to various rivals to Skype * Case is one of several merger challenges at the Luxembourg court...Tags: Sony Corp., Judges, Politics, International Organizations, Ryanair Holdings Plc
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EXCLUSIVE-Malaysia tycoon plans IPO of football club Cardiff City-sources
Reuters* Cardiff promoted to the Premier League, 1st time since 1962 * Kuala Lumpur No.4 in 2012 global IPO proceeds * Would follow Manchester United debut last year (Adds comment on prospects for the deal) By Yantoultra Ngui KUALA LUMPUR, May 24 (Reuters)...Tags: Soccer, Manchester United F.C., Financial Markets, Stock Market, Sports
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InterOil in talks with Exxon to develop Papua New Guinea assets
ReutersMay 24 (Reuters) - Liquefied natural gas producer InterOil Corp and its joint venture partner have entered into exclusive negotiations with Exxon Mobil Corp to develop gas fields in Papua New Guinea. The discussions include the possibility of an Exxon...Tags: Papua New Guinea, Royal Dutch Shell Plc, InterOil Corporation, Guinea, Energy Resources
May 30, 2013
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May 29, 2013
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May 28, 2013
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May 30, 2013
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May 28, 2013
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May 28, 2013
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May 28, 2013
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May 29, 2013
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May 24, 2013
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May 24, 2013
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