US Federal Trade Commission (FTC)'s Bureau of Competition cleared Honeywell International's proposed acquisition of Intermec on the condition that they license some key patents out to a competitor.
Sectors
DirecTV adds new members to its board
DirecTV appoints Anthony Vinciquerra to its board of directors. DirecTV, in an announcement, appointed Anthony Vinciquerra to its board of directors. In another move, the largest satellite television provider in the United States also added another former executive from the Fox TV Networks to the board.
Ortega passes Buffett as world's third richest person
According to the Bloomberg Billionaire's Index, Ortega recently passed Buffett as the world's richest individual.
To avoid bankruptcy, OGX Petroleo may seek more cash from bondholders
OGX Petroleo, Eike Batista's flagship company, may seek more financial assistance from bondholders to avoid seeking bankruptcy protection.
Petrobras divests Colombia assets to raise funds
Petrobras, in a campaign to raise funds for its pre-salt mine exploration, had sold some of its stakes and pipelines in Colombia.
Latest News
The second largest oil producer in Qatar, Occidental Petroleum Corp, is offering a minority share in its Middle Eastern operations.
The JOBS Act is what made Twitter's IPO secretive and relatively inexpensive. Twitter is taking a different path en route to its IPO. This may become the path that many others after it would follow, especially in this day and age of excessive sharing through social media.
The trend now with interested buyers of Blackberry is to carve up the smartphone maker instead of purchasing it lock , stock and barrel.
Azul CEO David Neeleman would be pushing through with an IPO after it cancelled its scheduled IPO last August because of unfavorable market conditions.
ThyssenKrupp AG is reconsidering the sale of its Steel Americas unit, selling off only its US operations.
Many lessons can be learned from the IPOs of other social media outlets as IPO would be conducting its own soon.
Former PNC Financial Services Group Chairman and CEO Jim Rohr had left the company to join General Electric Co. and was succeeded by Bill Demchak.
A lawyer for a JP Morgan Chase & Co. ex-employee argued with US prosecutors that his client was just following orders from his superiors in indicating prices for the "London Whale" deal.
ViroPharma had attracted interested suitors including Sanofi and Shire Plc. as it started working with Goldman Sachs Group for a possible sale.
