Recent Articles
Another Day, Another Delay for Nokia
When Nokia Corp. (NYSE: NOK) held its big Nokia World show last week, the company showed off its new CEO, Stephen Elop, and a couple of new mobile phones that analysts and consumers have been waiting for. One of those phones, the N8, has been delayed since the first of this year as the company has tried to perfect the device.
IBM Offers Paltry Premium for Analytics Firm Netezza
The latest in a string of acquisitions and mergers in the tech sector is the offer by IBM Corp. (NYSE: IBM) to purchase data analytics firm Netezza Corp. (NYSE: NZ) for $27/share, or about $1.7 billion, in cash. The offer is subject to approval by Netezza's shareholders and the usual clearances and closing conditions.
China Automaker Considers Investment in GM IPO
As General Motors Co. prepares for an IPO, the company's majority owner, the US government, is trying to figure out the best way to recover the $43 billion still outstanding from its loan to GM. The roster of potential investors in the IPO includes everyone and everything, from individual investors to pension funds.
China Considers Changing Rules for Foreign Automakers
The Chinese government has issued a draft of new regulations governing joint ventures between Chinese and foreign automakers planning to build electric vehicles. The draft is being circulated to government agencies and China's state-owned automakers for comment, but foreign carmakers are not included.
Johnson and Johnson (JNJ) to Buy Dutch Vaccine Maker Crucell (CRXL)
Pharmaceutical stock Johnson & (NYSE: JNJ) has announced that it will try to buy Crucell (NASDAQ: CRXL).
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