Edward B. Doong

Bayer Predicts Peak Annual Sales for Xarelto

Bayer AG is predicting that its Xarelto, a drug to prevent stroke, will reach peak annual sales.

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TNK-BP Reports 13% Drop in 2012 Net Profit

TNK-BP has posted 13% decline in net profit for the year 2012 after it agreed to be acquired by Russia's oil producer Rosneft.

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Freeport to Fund Two Separate Energy Deals Through Private Placement

Freeport reached an agreement to acquire Plains Exploration & Production Co. and McMoran Exploration Co. with proceeds to fund its move to enter oil and gas production market.

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Bankia Reports Recovery Signs After Government Bailout

Bankia announced it expects to recover the money it requested to the government for bailout as it sees signs of recovery.

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No Green Light to Dispose UK Government's 82% Stake in RBS

There is still no timetable agreed when to dispose the 82% stake of the government in Royal Bank of Scotland.

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Royal Bank of Scotland Paves Way for Government's 82% Holding Sale

RBS has reported good earnings that it hopes to influence the government to sell its 82 percent stake in the company.

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Vivendi to Delay GVT Sale Auction

Vivendi is said to put the sale of its Brazilian broadband internet company GVT on hold as it faces lower bids than the asking price.

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US Judge Nods Dewey & LeBoeuf's Bankruptcy Plan

The bankruptcy plan filed by Dewey & LeBoeuf was approved by judge Martin Glenn.

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Mylan Inc. to Acquire Agila Specialities

Mylan Inc. agreed with Strides Arcolab for the acquisition of Bangalore, India-based injectables unit.

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Italy to Grant Monte dei Paschi's Bailout Request

Monte dei Paschi is seeking to be bailed out after failing to meet European requirements.

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Clearwire Puts Sprint Offer in Pending While Considering Dish Bid

Cleawire has not accepted yet the bid from Sprint to acquire the company as it considers bid from Dish Network

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European Regulators Block Ryanair's 3rd Takeover Bid for Irish Rival

The European antitrust regulators have reject the offer of Ryanair to acquire Aer Lingus.

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Spain's Bankia Weighs Possible Shareholder Loss After European Aid

Bankia, the nationalized lender in Spain, is determining how much would its shareholders loss when it receives aid from the European Commission to assist troubled banks.

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Vodafone Resumes Bid to Takeover Germany's Kabel Deutschland.

Vodafone is said to have planned taking over Germany's Kabel after the takeover bid went public.

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Telecom Italia Media Plans Sale of La7 TV Channel

Telecom Italia Media is expected to sell its La7 TV channel but is still in talks to sign the deal.

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