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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 […]

Apple Inc. (NASDAQ:AAPL) Has An Average Rating Of Buy; while BlackBerry Ltd (NASDAQ:BBRY) Market Share Slumped To Only 2.7%

September 9, 2013 – 8:43 am |
Apple Inc

On Friday, Apple Inc. (NASDAQ:AAPL) experienced unusually large options trading. AR Network reported that investors have purchased 118,761 put options on the company. This reflects a rise of 700% compared to the average volume of 14,851 put options. The company’s shares traded higher by 0.60% on Friday, hitting $498.22. The stock has a trading volume of 12,832,960 shares. Apple has a 1-year high Read more […]

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