Cooper Tire & Rubber Co. will sell its 65% ownership in Cooper Chengshan (Shandong) Tire Co. Ltd (CCT) to Chengshan Group Co. Ltd. for approximately $262 million. “Resolving the ownership of CCT has been a key goal for us, and we ...
Tags: Cooper Tire, Cooper-branded products, Auto
Maternity apparel retailer, Destination Maternity said it has entered in to an agreement with Voce Capital Management. Alongside, the retailer also appointed Daniel Plants, managing partner of Voce Capital to its board of directors. ...
Tags: Maternity apparel, Apparel
Posted in Medical Device Business by Nancy Crotti on November 20, 2014 A federal jury in Miami has concluded that Boston Scientific Corp. (BSX) must pay a total of $26.7 million to four women who claimed the company’s Pinnacle ...
Tags: Pinnacle pelvic, Medical Device, Health
Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules integrated into off-grid applications and its EnerPlex series of consumer products, ...
Tags: Solar Technologies, Electrical
NYSE-listed Dollar General Corp said it remains committed to acquiring rival Family Dollar and also extended its offer to acquire all outstanding shares of Family Dollar Stores, Inc. Dollar General will tender $80.00 per share in cash, ...
Tags: Dollar General, Family Dollar, Apparel
Since Medtronic can’t dip into its considerable foreign cash reserves to buy Covidien, it plans to raise $16 billion domestically toward the $43 billion purchase. Wall Street is not pleased. In a filing late last week with the U.S. ...
Tags: Medtronic, Covidien, Medical Device
Nigerian Breweries has secured Securities and Exchange Commission approval for its previously announced merger with Consolidated Breweries. Both the companies are majority owned subsidiaries of Dutch brewing company Heineken. Heineken ...
Tags: malt drinks
Despite technical difficulties with the company’s livestream of the event, Apple kept its promise, unveiling its latest line up of technology: the iPhone 6, iPhone 6 Plus and an eye-catching new smart watch. As the company ...
Tags: Apple, iPhone 6, iPhone 6 Plus
JDSU of Milpitas, CA, USA says that its board of directors has unanimously approved a plan to separate JDSU into two independent publicly traded companies: An optical components and commercial lasers company (CCOP), consisting of JDSU's ...
Axalta Coating Systems Ltd. (“Axalta”) has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common shares. Axalta is a leading global ...
Tags: Axalta Coating Systems, Registration Statement, Auto Parts
Indian drug major Dr Reddy’s laboratories is under the scanner of the US Department of Justice following a complaint related to the violation of child resistant packaging regulations. The complaint was filed under the federal false ...
Tags: Dr Reddy's, Violations, Packaging
Axalta Coating Systems Ltd. has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common shares. Axalta is a leading global manufacturer, marketer and ...
Tags: Construction, Decoration, Coating
Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules that it integrates into its EnerPlex series of consumer products, has entered into ...
Tags: Ascent Solar, CIGS
One of the largest known breaches, resulting in 110 million records lost and hundreds of millions of dollars in damages, started with a small, third-party supplier. We’re talking about Target, where attackers compromised Fazio ...
Tags: Supply Chain, Electrical, Electronics
Medtronic isn’t the only medtech company facing criticism over potentially moving its headquarters overseas. Hospira is also taking flak—even though it is only rumored so far to be in talks with French company Danone for a ...