The top executive of one of the world's biggest mining drilling companies said he believes the industry has bottomed out, but that he doesn't expect a return to peak cycle levels soon. Moreover, there has been "a fundamental shift in what ...
Tags: mining drilling, Metallurgy
BASF today announced that its U.S. affiliate, BASF Corporation, is commencing a tender offer for the acquisition of Verenium Corporation, San Diego, California, at a cash offer price of US$4.00 for each Verenium share. The offer period is ...
Tags: BASF Corporation, Construction
BASF announced that its U.S. affiliate, BASF Corporation, is commencing a tender offer for the acquisition of Verenium Corporation, San Diego, California, at a cash offer price of US$4.00 for each Verenium share. The offer period is ...
Tate & Lyle's prospects remain encouraging despite the poor share price, news revealed today (October 4) in its trading update for the six months to September 30, says City analyst Investec. Tate & Lyle's long-term story remained ...
Tags: Agriculture, Food
US consumer technology giant Apple Inc. (NASDAQ: AAPL) saw share price drop 3.18 percent to close at USD 450.12 on September 16 due to poor performance of new smartphone products in the Chinese mainland. It for the first time held a press ...
BASF Corporation has entered into an agreement to commence a cash tender offer for all of the outstanding shares of common stock of the biotechnology company Verenium Corporation [Nasdaq: VRNM] for $4.00 per share. Based on all outstanding ...
Tags: Construction, Decoration
Nokia's outgoing CEO Stephen Elop is to receive €18.8m ($25.5m) from Nokia and Microsoft due to contractual clauses pertaining to a change in control of the company. Revealed in a "proxy materials" document by Nokia, Elop's payout ...
Tags: Nokia, Microsoft, Computer Products
Shuanghui International, a Chinese food giant, is hopeful of closing the $4.7bn acquisition of American pork producer Smithfield Foods by 26 September 2013, following the approvals from the latter's stakeholders. The American producer has ...
Tags: Agriculture, Food, meat
Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that it has suspended its plan for a non-public offering of its shares against the background of sluggish demand in the steel markets and negative conditions ...
Tags: steelmaker, steel markets
Twitter has announced that it is to file for an initial public offering (IPO) with the US regulators. The filing is confidential, as is allowed under US law for corporations with less than $1bn in revenue. Such companies do not have to ...
Tags: Computer Products, software, Twitter
Alcoa's declining market capital and low share price prompted officials with S&P Dow Jones Indices to remove the US aluminum major from its Dow Jones industrial average Tuesday. "Alcoa's market capital was dead last among the 30 ...
Tags: Metallurgy, Mineral, Energy, aluminum
Berkshire Hathaway’s P&C and life/health reinsurance arm General Re’s $72m settlement with AIG’s investors has won a final approval by a US federal judge, which charged the firm for involvement in a fraudulent transaction ...
Tags: life/health reinsurance
Beta Glass Plc Tuesday announced a growth of 52 per cent in net profit for the half year ended June 30, 2013 just as the Nigerian equities market returned to the bears zone. Beta Glass, which manufactures, distributes and sells glass ...
Tags: Beta Glass, Construction
HTC share price plunged to an intraday low of NT$146 (US$5) before closing down NT$10 or 5.75% at NT$147.50 on September 2 as investors dumped the company's shares on concerns of a possible leak of its forthcoming new interface in an ...
Tags: HTC, Trade Secrets
Sharply dropped share price of Kunlun Energy Co., Ltd. (SEHK: 0135) is expected to stop Singaporean sovereign wealth fund Temasek Holdings from investing more in it. Kunlun Energy, a subsidiary of PetroChina Co., Ltd. (SHSE: 601857 and ...
Tags: Metallurgy, Mineral, Energy