Royal Dutch Shell PLC and PetroChina Co Offer USD 3B to Acquire Australia’s Arrow Energy Ltd
American International Group Inc (AIG) Closes in on Deal to Sell Foreign Life Insurance Unit to MetLife for USD 15B in Cash and Stock
Kraft Foods Inc Faces UK Probe over Plans to Close a Cadbury PLC Factory it Said it [...]
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Also tagged American International Group, American International Group MetLife, Arrow Energy, BYD, BYD Western Europe, Essar Group, Kraft Foods Cadbury, Kraft Foods UK, Nicolas Sarkozy, Overnight Market News, Overnight Markets, PetroChina, Rescue Greece, Royal Dutch Shell
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Google Inc Investigates whether Employee(s) Might Have Assisted December Cyber-Attack in China
Kraft Foods Inc to Revise Cadbury PLC (CBRY) Bid by Tomorrow, Investors Push CBRY Shares Up on London Stock Exchange in Anticipation of Sweetened Offer
International Monetary Fund (IMF) Head Warns Governments Not to Exit Stimulus Packages Too Quickly as Recovery “Remains Very Fragile”
Japan Airlines [...]
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 Worth of [...]
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Also tagged Biogen Idec CEO, Ford Motor, Ford Motor China, German Unemployment, James Mullen, 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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Novartis AG Plans Complete Takeover of Alcon, Inc; to Buy Out Remainder of Shares from Nestle SA and Minority Shareholders for USD 39.3B
China Manufacturing Grows at Fastest Pace in 5 Years, HSBC Purchasing Manager Index Rises to 56.1 in December 2009 from 55.7 in November 2009
Kraft Foods Inc to Raise its GBP 10B Offer to [...]
Kraft Foods Inc Expected to Officially Launch GBP 10B Hostile Bid for Cadbury PLC by Noon on Monday
General Electric Co, Comcast Corp Agree on USD 30B Valuation for NBC Universal, Bringing them Closer to a Deal
Morgan Stanley Looks to Sell its 34% Stake in Investment Bank, China International Capital Corp
Sprint Nextel Corp to Invest More [...]
Abbott Laboratories Announces USD 6.6B Acquisition of Solvay SA’s Prescription Drug Unit
Kraft Foods Inc Set to Make Hostile Bid for Cadbury PLC, Valuing it at GBP 11B
Xerox Corp to Buy Affiliated Computer Services, Inc in Cash-and-Stock Deal Worth USD 5.75B
GlaxoSmithKline PLC Signs USD 1B Agreement with Brazil to Guarantee Sales of its Pneumonia and Meningitis [...]
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Also tagged Abbott Laboratories, Affiliated Computer Services, Crucell NV, GlaxoSmithKline, GlaxoSmithKline Brazil, Johnson & Johnson, Johnson & Johnson Crucell NV, Kraft Foods Cadbury, Orange iPhone, Overnight Market News, Overnight Markets, Solvay SA Prescription, Xerox
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Kraft Foods Inc Continues to Seek Takeover Deal After Cadbury PLC Rejects USD 16.7B Offer
G20 Finance Ministers Propose New Regulations Requiring Banks to Retain More Profits, Curb Banker Compensation
General Electric Co Says it is Confident it Will Win Contracts to Supply Engines for China’s Big Aircraft Manufacturing Venture
Abu Dhabi to Purchase Singapore’s Chartered Semiconductor Manufacturing [...]
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Also tagged Abu Dhabi, Cervarix, Chartered Semiconductor Manufacturing, Deutsche Telecom, G20 Finance Ministers, General Electric, GlaxoSmithKline, Kraft Foods Cadbury, Overnight Market News, Overnight Markets, Vodafone Group, Vodafone Group T-Mobile
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Kraft Foods Inc., the biggest U.S. food maker, posted first quarter results that topped forecasts. Earnings per share (EPS) grew 15.39% to USD 0.45. Analysts were expecting USD 0.40. Kraft has been able to achieve this earnings growth through staunch attention to curbing production costs. It has also enhanced advertising and product development to allow [...]
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