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Richard Schulze Offers to Take Best Buy Private 7 Aug 2012 | 01:32 am
Richard Schulze, the founder of Best Buy, has offered to take the electronics retailer private in a deal worth $24-$26 a share or $8.16 to $8.84 billion. Schulze is also a former Best Buy chairman and...
Knight Capital Saved by Group of Investors 7 Aug 2012 | 01:31 am
Knight Capital will continue to operate after a group of investors saved the company in a $400 million deal, but will cost existing shareholders. This group of investors will purchase preferred shares...
China Oil Company CNOOC to Buy Nexen for $15.1 Billion 24 Jul 2012 | 01:59 am
China’s third largest oil company, CNOOC, has agreed to buy Canadian oil producer Nexen Inc for $15.1 billion. This deal is a 61% premium over Nexen’s closing price on Friday as it tries to sell the d...
China Oil Company CNOOC to Buy Nexen for $15.1 Billion 24 Jul 2012 | 01:59 am
China’s third largest oil company, CNOOC, has agreed to buy Canadian oil producer Nexen Inc for $15.1 billion. This deal is a 61% premium over Nexen’s closing price on Friday as it tries to sell the d...
McDonald’s Not Loving It Today 24 Jul 2012 | 01:56 am
McDonald’s Corp (NYSE:MCD) reported second quarter results today and saw lower than expected profits. McDonald’s was hurt by a slowing global economy and the impact of a stronger dollar. The company a...
McDonald’s Not Loving It Today 24 Jul 2012 | 01:56 am
McDonald’s Corp (NYSE:MCD) reported second quarter results today and saw lower than expected profits. McDonald’s was hurt by a slowing global economy and the impact of a stronger dollar. The company a...
IMF Will Support Greece, Dismisses Reports Saying Otherwise 24 Jul 2012 | 01:56 am
The International Monetary Fund said it will support Greece and help the country overcome its economic problems. The IMF dismissed a news report over the weekend that said the IMF may refuse to contin...
IMF Will Support Greece, Dismisses Reports Saying Otherwise 24 Jul 2012 | 01:56 am
The International Monetary Fund said it will support Greece and help the country overcome its economic problems. The IMF dismissed a news report over the weekend that said the IMF may refuse to contin...
Mario Draghi Reiterates Euro Zone is Not in Danger 22 Jul 2012 | 03:18 am
In an interview with French newspaper Le Monde, ECB President Mario Draghi was asked if the eurozone was in danger. Draghi said, “No, absolutely not. We see analysts imagining the scenario of a euro z...
Mario Draghi Reiterates Euro Zone is Not in Danger 22 Jul 2012 | 03:18 am
In an interview with French newspaper Le Monde, ECB President Mario Draghi was asked if the eurozone was in danger. Draghi said, “No, absolutely not. We see analysts imagining the scenario of a euro z...
