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191 words • intermediate • 2 years, 5 months ago
sales, business
"Oil States International Inc. will replace NewAlliance Bancshares Inc. in the Standard & Poor’s MidCap 400 Index, and LivePerson Inc. will fill Oil States’s spot in the S&P SmallCap 600, S&P said in a statement. The changes will take place after..."
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181 words • advanced • 2 years, 2 months ago
business
"PSG is a portfolio company of New York-based Arsenal Capital Partners. It has bought the Yorkshire-based Alkon from Stephenson Group Leeds-based Alkon Solutions has been bought by US-based Polymer Solutions Group (PSG) for an undisclosed fee. Alkon..."

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205 words • advanced • 2 years, 9 months ago
business
"Flipkart’s other key shareholders are New York-based investment firm Tiger Global Management, South African media giant Naspers among others. (Reuters) Morgan Stanley has marked down the value of Flipkart ’s shares by 27 percent to signal the gl..."
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141 words • advanced • 3 years, 5 months ago
business
"Shares of  Arvind gained 2.8 percent intraday Thursday after its subsidiary Arvind Lifestyle Brands entered into a license agreement with Aeropostale Inc. New York-based Aeropostale Inc, the specialty retailer of casual and active apparel for young..."

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144 words • advanced • 3 years, 4 months ago
business
"Rank: 5 Date of bankruptcy filing: 11/1/09 Assets: $71 billion Last fall's credit market implosion dealt CIT a blow it couldn't overcome. Like many other financial institutions, the New York-based small business lender spent years on a debt-fueled g..."
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115 words • advanced • 3 years, 2 months ago
sales
"Charlotte-based Belk Inc. plans to hold a special shareholder meeting Nov. 4, when shareholders will vote on its proposed acquisition by Sycamore Partners. The meeting is scheduled for 10 a.m. at Belk’s headquarters, located at 2801 W. Tyvola Road..."
acquisitionbrandceoequityprivateproposeremainretailersalesycamore

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148 words • advanced • 2 years, 11 months ago
business
"NEW YORK PepsiCo ( PEP ) issued a statement Friday saying it doesn't see the need for any major acquisitions after a newspaper report suggested activist investor Nelson Peltz could push for a merger between the snack-and-soda giant and Oreo cookie ma..."

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297 words • intermediate • 2 years, 10 months ago
business
"[NEW YORK] Chobani, the Greek-yogurt maker founded by billionaire Hamdi Ulukaya, has rejected an offer from PepsiCo Inc to take a major stake in the company. Chobani hired Goldman Sachs Group Inc last year to seek a strategic partner that would inve..."
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163 words • advanced • 3 years, 2 months ago
business
"PURCHASE, N.Y. (AP) — PepsiCo Inc. (PEP) on Tuesday reported third-quarter net income of $533 million.The Purchase, New York-based company said it had profit of 36 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs..."
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211 words • advanced • 2 years, 10 months ago
business
"CNBCPerry Capital, a $10 billion New York-based multi-strategy hedge fund led by Goldman Sachs alum Richard Perry, is making a$1 billion bet againstinvestment-grade corporate bonds, according toThe Wall Street Journal. The WSJ reportsthat Perry Capit..."
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204 words • intermediate • 2 years, 3 months ago
business
"By Jim Puzzanghera / Los Angeles Times Published Aug 23, 2016 at 01:40AM WASHINGTON — Pharmaceutical giant Pfizer Inc. is paying $14 billion to buy Medivation Inc., a San Francisco biotech company that sells a high-priced prostate cancer medicati..."
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231 words • advanced • 4 years, 4 months ago
"Morgan Stanley plans to raise junior banker salaries by 25%, according to Bloomberg. This move shouldn't be that surprising. Wall Street banks have been implementing a variety of strategies including actually giving them weekends to improve the qua..."
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175 words • advanced • 3 years, 2 months ago
business
"NEW YORK (AP) — Philip Morris International Inc. (PM) on Thursday reported third-quarter profit of $1.94 billion.On a per-share basis, the New York-based company said it had net income of $1.25. Earnings, adjusted for pretax gains, came to $1.24 per ..."
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194 words • advanced • 3 years ago
startups
"Infrastructure Development Finance Company Limited (IDFC) has invested Rs 150 crore in TRIL Infopark, a company floated by Tata Realty and Infrastructure Limited along with other partners, to develop Ramanujan IT City at Chennai. C Velan, chief exec..."
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"We keep hearing about "tax inversions." A tax inversion is a corporate merger strategy that involves a company based in one country, say the U.S., acquires another company based somewhere else, say the U.K., and following the deal moves its tax base ..."
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221 words • intermediate • 3 years, 3 months ago
business
"Jan. 28 (Bloomberg) -- Jefferies Group Inc., the New York-based firm that has been expanding advisory and trading units, said it cleared up a $39 million accounting difference in its fixed-income business. An account statement from the firm’s clea..."

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179 words • intermediate • 3 years, 4 months ago
business
"We also have more stories about: (click the phrases to see a list) Subjects: Telecommunications (95) Financial performance (478) Corporate news (1801) Industries (3909) BETHPAGE, New York — Cablevision's second-quarter profit declined, weighed do..."
cabledeclineestimateexpectationexpenseincomemanagemonthlypercentprofitrevenueriseservicetaxweigh

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218 words • advanced • 3 years, 2 months ago
sales, marketing, business
"Nisso Soda Co. has partnered with Mutchler Pharmaceutical Ingredients to try and win a greater share of the US hydroxypropyl cellulose market months after expanding production capacity. The agreement between Nisso’s New York-based division Nisso A..."

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218 words • intermediate • 3 years ago
sales
"By the Caribbean Journal staff A new luxury project is coming to Placencia, Belize. The Itzana Resort and Residences broke ground this week on a 20-room resort project set to open in Dec. 2016. The project will also include 22 villas and 17 one-bedro..."
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220 words • advanced • 2 years, 3 months ago
finance, business
"Oil tanker company General Maritime Corp GMR.N filed for Chapter 11 bankruptcy protection on Thursday at a time when the shipping industry is grappling with oversupply and depleting earnings. Bankers expect more bankruptcies and restructuring in the..."
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