Bloomberg LP said that it would appoint an ombudsman that would create a task force how news was derived from sources by each company journalist.
Firm Management
SBI expects INR4 billion in capital infusion
The State Bank of India announced that it had expected to receive a total of INR4 billion in recapitalization from the government.
OVL to acquire 10% stake in Anadarko for USD2.6 billion
ONGC announced an acquisition deal for a 10% stake in Anadarko Corp priced USD2.6 billion. ONGC Videsh Ltd (OVL) had announced its planned acquisition of a 10% stake at Anadarko Corp.
Air India Express looks into domestic expansion
Air India Express had announced it was looking at domestic expansion to be able to compete with three current budget airlines dominating India by the end of the year.
Amgen nearing acquisition of Onyx for USD125 a share
Amgen Inc. might announced the agreement to acquire Onyx Pharmaceuticals Inc. for USD 125 per share piece as soon as Monday.
Latest News
The market responded with a stock value search upon the announcement of Microsoft CEO Steve Ballmer's retirement.
A lot of Barrick Gold Corp investors had been in doubt about the direction the company is headed and the role of CEO Peter Munk who was once seen as a visionary man in the gold sector.
Microsoft CEO Steven Ballmer announced leaving the company within 12 months which also left the software maker in woes to find a replacement.
A recovery in the US housing market lifted the sales and earnings of Home Depot. Home Depot Inc gained from the rebound experienced in the US housing market.
Rexnord Aerospace announced acquisition for Micro-Precision Technology assets that would allow the two companies to expand their portfolio..
Wells Fargo said it had intended to expand its fund services clients in the Asian region by as much as 20% a year.
Time Warner Cable offered free antennas for its cable subscribers after CBS had shut down cable programs
Mt. Gox's financial worries further increased after the US Department of Homeland Security took USD2.9 million from its Dwolla account and another USD2.1 million worth of frozen assets from the company's Wells Fargo accounts.
HopeFed Bancorp Inc. announced today that it had signed a Mutual Termination Agreement to end a previous merger contract with Sumner Bank & Trust of Gallatin Tennessee.
