Kraft Foods Inc Sells US Frozen Pizza Business to Nestle SA for USD 3.7B, Raising Funds to Improve its Bid for Cadbury Plc South Korean Conglomerate, Kumho Asiana Group Plans to Raise USD 1.1B Via Asset Sales and Job Restructuring in Effort to Repay Debt UAL Corp’s United Airlines Division Plans to Sell USD 500mm [...]
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Also tagged Biogen Idec CEO, Ford Motor China, German Unemployment, James Mullen, Kraft Foods, Kraft Foods Frozen Pizza, Kraft Foods Nestle, Kumho Asiana Group, Overnight Market News, Overnight Markets, UAL Corp’s United Airlines Division, UAL Corp’s United Airlines Division Senior Notes, Unemployment In Germany
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UK Gross Domestic Product Shrinks Less-Than-Expected in Q03 2009, Declining 0.2% Quarter-Over-Quarter Versus Previous Measurement of a 0.3% Contraction Ford Motor Co Offers Buyout and Early Retirement Incentives to All of its 41,000 US Hourly Workers in Bid to Further Reduce Factory Costs Lloyds Banking Group Plc Agrees to Pay a Minimum of USD 3.6B [...]
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Also tagged Chris Liddell, Ford Motor Co Early Retirement, General Motors CFO, Greece Credit Rating, Lloyds Banking Group, Lloyds Banking Group Tier 1 Capital, Macarthur Coal Gloucester, Overnight Market News, Overnight Markets, UK GDP, UK Gross Domestic Product
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European Union (EU) Raises Euro Zone Economic Forecast, Now Anticipates Growth of 0.7% in 2010 Compared with Prior Forecast for a Contraction of 0.1% Royal Bank of Scotland PLC and Lloyds Banking Group PLC Agree to Dispose of Hundreds of Branches to Appease EU Competition Concerns Over the Banks’ Dependency on the State Australia Lifts [...]
Ford Motor Co. is shifting attention to rapidly growing markers such as the Asia Pacific region, which is expected to lead the global rebound in auto-buying. Just yesterday, Ford’s CEO said it would “accelerate its presence” in the region as it launched a new small car in India, and announced that it would open a [...]
Asian Development Bank Raises 2009 Growth Forecast for Region to 3.9% from 3.4%, But Says Still too Early to Exit Stimulus Measures Bank of America Corp to Pay US Government USD 425mm to Cancel Unused Guarantee Related to Merrill Lynch & Co Takeover, But Faces New SEC Trial Related to Bonuses Ford Motor Co and [...]
Solid earnings at Ford Motor Co. and others, sent the Dow Jones Industrial Average (DJIA) soaring above 9000 points in the early hours of trading yesterday. This marked the first time that the world’s best known stock market gauge had risen above the 9000 mark since January 2009. Likewise, the Standard & Poor’s 500 Index [...]
Ford Motor Co, the only major U.S. automaker to avoid filing for bankruptcy, has raised the bar once again. The Company announced it will boost production this quarter and the next as it continues to capture market share while its main U.S. rivals remain under court protection. On top of this, Ford released better-than-expected U.S. [...]
European Commission Fines Intel Corp USD 1.45B on Using Rebates to Impede A Competitor Japan’s Current Account Surplus Falls 50.2% in Year Through March to JPY 12.23T (USD 127B) International Business Machines Corp (IBM) Ready to Launch New Real-Time Data Analysis Software US Bancorp Sells USD 2.5B Worth of Common Stock After Passing Stress Test [...]
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Also tagged Brazil Bovespa, Crude Oil, Dow Jones, Hong Kong Hang Seng, Intel Corp, International Business Machines, Japan Nikkei, Market News, Overnight Market News, Telefonica SA, US Bancorp
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