BlackBerry Ltd. was scheduled to meet with Canadian lawmakers to discuss the Investment Canada Act as investor concerns increased that a domestic buyout of the struggling company would no longer be possible.
Sectors
Facebook shares hit USD45 for first time since last year's debut
Facebook Inc. stock had reached another milestone following a rocky debut on Wall Street last year. On Wednesday, the shares of social media giant Facebook Inc.
Agribusiness Cargilll CEO to step down
In what was termed as ongoing succession planning, Agribusiness Cargill's CEO Gregory Page would be stepping down by December 1, 2013.
Telefonica studying options on Telecom Italia
Telefonica is reviewing proposals to assist Telefonica Italia shareholders unload their shares, among other options as the company moves forward.
Veeva Systems files registration statement for IPO
Veeva Systems Inc. announced filing a registration statement with the US Securities Exchange Commission for a proposed IPO.
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Shares of Marriott International Inc. and Starwood Hotels & Resorts Worldwide Inc. had increased following the announced acquisition of hotel chains by Dalian Wanda Group's Wang Jianlin.
Daily Beast editor-in-chief Tina Brown announced that she would step down from her post and exit the company for a new venture.
Pandora Media announced that it has hired a new executive on board the company to help boost the company's ad sales and profit.
Newell Rubbermaid Inc. announced today it had closed the sale of its hardware businesses with gross proceeds valued USD214 million.
The Taizhou project, a petrochemical complex located in East China, had stalled because of the lack of a proper location.
KKR contemplating partnership with INCJ for the purchase of Panasonic's healthcare unit. Private equity firm KKR, according to sources with knowledge of the transaction, is contemplating if it would enter into a partnership agreement with state supported Innovation Network Corporation of Japan.
Deutsche Bank AG was under review for excessive entertainment expenses made for pension fund executives.
The buyout firm is now the second largest shareholder in News Corp after mogul Rupert Murdoch. CORRECTED: Reference of Southeastern Asset Management as a hedge fund when it is a global investment management firm.
The complaints from Fire Island residents post Hurricane Sandy was the reason that Verizon started to change its tune on its actions.
