Dell has reported another quarter of declining revenue and profit as the company's CEO continues his battle to take the PC maker private. It was the fifth consecutive quarter in which Dell's profits shrank, and the fourth in which it ...
Tags: Dell, desktop, laptop PCs
IDG News Service - The growing number of shareholders voicing opposition to Dell's US$24.4 billion plan to go private appears to be putting the company increasingly on the defensive, raising questions about the terms of the deal. This is ...
Questions are being raised about the terms of Dell’s $24.4 billion buyout deal, as the number of shareholders voicing opposition to the plan appears to be growing. Dell is now increasingly on the defensive. This is not good news ...
Tags: Dell, buyout deal, shareholder
Market sentiment was aided by news that China's Citic Resources was taking a big stake in Alumina. The benchmark S&P/ASX 200 closed up 0.7 per cent at 5036.9. This year it is up 8.3 per cent after rising 15 per cent in 2012. Trading value ...
Tags: Citic Resources, Alumina, stock market
Better management of input costs and higher sales in emerging markets have helped global snacks giant Mondelez International report higher underlying profits in 2012. The Cadbury owner booked a 4% increase in operating income to US$3.64bn ...
Tags: Cost Control, Developing Markets, Mondelez
Heinz has agreed to be bought by Warren Buffett's Berkshire Hathaway fund and private-equity firm 3G Capital for US$28bn - the largest-ever takeover in the food sector. In a shock announcement today (14 February), the US food giant said ...
Tags: Heinz, Warren Buffett, 3G Capital
Famed US investor Warren Buffett today (14 February) labelled Heinz as his "kind of company" after his Berkshire Hathaway fund struck a deal to pay US$28bn for the ketchup giant. Speaking to CNBC after Berkshire's offer was announced - ...
Tags: Warren Buffett, Heinz, kind of company
Albany Molecular Research (AMRI) and Chai Therapeutics, an affiliate of Bessor Pharma, have signed a licensing deal to develop tubulin inhibitor compound, ALB 109564(a), for cancer treatment. AMRI's ALB 109564(a) is a novel analog ...
SONY has reported its eight straight quarter in the red but says it remains on track to achieve its forecast of a full-year profit. But the results, released after reports that Sony will this month announce the late 2013 launch of its ...
1/3 of computers sold worldwide in the fourth quarter of 2012 was a tablet, according to a survey. The research firm Canalys said that with PCs and tablets combined, the market grew 12 per cent year-on-year in the last three months of ...
Tags: computer sales, PCs, tablets
Zynga, the struggling social games pioneer, showed signs it is getting a grip on spending with an earnings report revealing narrowing losses, which sparked an after-hours rally in shares. Zynga stock was up more than five per cent to ...
Southeastern Asset Management, Dell's biggest external shareholder, has written a letter to Dell's board of directors to express its "extreme disappointment" at the company's $24.4bn (£15.54bn) buyout deal, claiming that it "grossly ...
BP announced its financial results for the fourth quarter and full year of 2012. Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.0 billion for the fourth quarter, compared to ...
Tags: BP, financial results, fourth quarter
A new Porsche supercar that would sit between the iconic 911 and upcoming 918 Spyder will switch its sights from the Ferrari 458 to the Ferrari F12 if it goes into production, according to company sources. Porsche CEO Matthias Muller has ...
Folding cartons designer and manufacturer Curtis Packaging has offset the projected greenhouse gas emissions from its operations in 2013 by helping to support a NativeEnergy project providing water filters to households in rural Kenya. ...
Tags: Curtis Packaging, Nativeenergy, company news