Soft drinks firm Britvic has signalled its willingness to either renegotiate the terms of its merger with business rival AG Barr or abandon the deal, after the Competition Commission issued a final approval today (July 9) Britvic is ...
Tags: Agriculture, Food, Soft drink
Prominent shareholder advisory group Institutional Shareholder Services has given a stamp of approval to Dell founder Michael Dell's bid to take the company private. "ISS recommends clients vote for this transaction, which offers a 25.5 ...
Tags: Computer Products, software
Osram Licht AG formally splits from Siemens to become a pure-play lighting company with 80% of the shares initially owned by current Siemens shareholders. Osram Licht AG announced on Friday, July 5, 2013 that its spinoff from Siemens was ...
Ocado plans to develop as a grocery retailer not a logistics firm for hire, insisted its boss, as the firm reported bigger losses in the first half of this year. Ocado is a grocery retailer not a logistics firm for hire, insisted its boss ...
Tags: Agriculture, Food
Revolution Lighting was founded in 1991, mainly producing lighting equipments, listed on Nasdaq in 1994, it began to shift the focus of product development to emerging LED lighting system technology in 2000. At present, it has become one of ...
Tags: LED Market, Revolution Lighting, LED lighting, LED
The White House has added Instagram to its social media portfolio with President Barack Obama posting a photo of his family taking off on a trip to Africa. "The First Family takes off for a three-country trip across Africa #MarineOne ...
Tags: White House, Instagram, Facebook
Sausage casings manufacturer Devro has released a first half year trading update, which reports slower than expected revenue growth, with volumes up just 1%. Devro has reported slower than expected revenue growth in an interim trading ...
Tags: Interim trading statement, Devro
Facebook CEO Mark Zuckerberg has discussed potential partnerships with Samsung Electronics in its bid to boost mobile advertising sales, according to the head of Samsung's handset division, Shin Jong Kyun. Zuckerberg launched Facebook in ...
Tags: Computer Products, Facebook
Dutch financial services firm ING has completed the sale of approximately 7.9% direct stake in Brazil-based insurance provider Sul América to International Finance Corporation (IFC). The sale follows the agreement that ING entered ...
Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was up 47 points, or 0.98 per cent, at 4861.4. ...
Tags: Stocks, US Fed Meeting
A majority shareholder is pressuring Smithfield Foods, Inc. (NYSE:SFD) to explore a breakup rather than go ahead with a planned USD 4.7 billion takeover by Chinese meat company. Activist investor Starboard Value LP said in a letter to the ...
Tags: Agriculture, Food, meat company
Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was down 11.5 points, or 0.24 per cent, at 4814.4. The broader All Ordinaries index was down ...
Tags: Australian Shares, Investors
Renewed demand for banking stocks has driven the overall Australian sharemarket higher. The benchmark S&P/ASX200 index was up 34.1 points, or 0.71 per cent, at 4825.9. The broader All Ordinaries index was up 29.5 points, or 0.62 per ...
Tags: Banking Stocks, Sharemarket
US social game developer Zynga Inc. (NASDAQ: ZNGA) will cut 520 jobs globally before this August. It said on June 4 that it would lay off about 520 staff globally before August this year and the staff accounted for about 18 percent of the ...
Chinese online video website Ku6 Media Co., Ltd. (NASDAQ: KUTV) will continue a user generated content (UGC) strategy. It said in the evening on June 3 that Du Fang, the former deputy director with Zhejiang Stellite TV, would take the ...
Tags: Service, Media, online video website