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What Investors Are Expecting From Apple Inc. (NASDAQ:AAPL) Today’s Event?

September 10, 2013 – 5:39 am |
Apple Inc

Apple Inc. (NASDAQ:AAPL) is likely to launch two new iPhone models on Tuesday in an event set at its headquarters in Cupertino, Calif. The occasion is also likely to provide detail regarding the unveiling date for the iOS 7 operating system and the list of wireless carriers that will sell the iPhone. The new addition which is generally known to everybody was its China Mobile to that list. The smartphone Read more […]

Microsoft Facilitated Nokia Corporation (ADR) (NYSE:NOK) To Generate €1.5bn Of Financing For Siemens’ 50 Percent Stake

September 9, 2013 – 11:42 am |
Nokia

Nokia Corporation (ADR) (NYSE:NOK)  has utilized its option to generate €1.5bn of financing which Microsoft Corporation (NASDAQ:MSFT) made available as part of its purchase of Nokia’s devices and services business. On Friday, Nokia has announced its decision to issue three tranches of senior unsecured convertible bonds of worth €500m each to pre-pay the funding for acquisition of Siemens’ 50 percent Read more […]

America’s Largest Employers, From General Electric (NYSE:GE) to IBM (NYSE:IBM), Ending Retiree Health Plans Moving Towards Insurance Exchanges

September 9, 2013 – 11:05 am |
IBM

America’s largest employers, from General Electric Company (NYSE:GE) to International Business Machines Corp. (NYSE:IBM) are highly inclining retirees towards insurance exchanges where they decide about their own health plans, which is a historic transmission that could put more costs on the U.S. taxpayers. International Business Machines Corp. (NYSE:IBM) shares were up 0.85% to $184.59 in current Read more […]

Koch Industries Decided To Acquire Molex Incorporated (NASDAQ:MOLX) For $7.2 Billion In Cash

September 9, 2013 – 10:48 am |
Molex

Koch Industries Inc, run by the billionaire brothers Charles and David Koch, has decided to acquire Molex Incorporated (NASDAQ:MOLX) , an electronics components firm, for $7.2 billion in cash. This decision will accommodate the firm in expanding its footprint. The agreement has been agreed by both the Molex and the Koch boards.

Molex manufactures electronic, electrical and fiber optic interconnection Read more […]

Google Inc (NASDAQ:GOOG) Proposed New Concessions Intended To Prevent Fine In EU Antitrust Case

September 9, 2013 – 9:14 am |
Google Inc

The European Commission said on Monday that Google Inc (NASDAQ:GOOG), world’s most popular search engine, has offered further concessions intended at finishing a three-year inquiry into complaints it was blocking competitors and to prevent a possible fine of $5 billion. The new plan came two months after the Commission asked the company for more steps to stabilize concerns that it was blocking competitors, Read more […]

Glencore Xstrata PLC (LON:GLEN) Aims To Reflect Successes Of Its $46 Billion Xstrata Acquisition Almost A Year After

September 9, 2013 – 9:04 am |

On Tuesday, Glencore Xstrata PLC (LON:GLEN) will take its whole management team to London in order to outline development after four months in control of Xstrata, following the $46 billion acquisition which is the largest deal made by the mining sector till now.

Analysts have expected the trading and mining corporation will astonish with difficult cost cutting targets, in its first major presentation Read more […]

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