BlackBerry is expected to face tough questions from investors during the annual shareholder meeting as the smartphone maker’s share went down by 28% last week.
Sectors
PIMCO Total Return Fund Falls in June
According to a data shown by fund research firm Morningstar, PIMCO Total Return Fund marked its weakest monthly performance last June.
Bond Market Selloff Got Banks Taking Capital Hit
According to analysts, big US banks were caused a multi-billion dollar dent after the selloff in the bond market in the last eight weeks.
Banks Fight for Lloyds, RBS Deals
There are more than a dozen top banks that are finalizing plans to run a GBP20 billion share sale in Lloyds Banking Group.
AT&T And Cherin Group Joint Bid For Hulu
Cherin Group and AT&T announced that they have submitted a joint bid for Hulu AT&T Inc and Cherin Group announced that they submitted a joint bid for the auction of the video website, Hulu LLC.
Latest News
Dell Inc’s shares fell more than 3% on Friday after investors grew skeptical if Michael Della and Silver Lake Partners could raise their buyout bid of US$13.65 per share piece.
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Italy's biggest bank UniCredit may consider a partnership for its business that manages 42 billion euros ($54.
ChemistDirect obtains more funding totalling US$10 million. The leading online health service, ChemistDirect, had secured new investments totalling US$10 million.
Dell's share values fell 3% as investors become more skeptical as to the financing of the Dell-Silver Lake offer.
Nokia's Standard & Poor's rating plummeted further in the junk territory. (Photo : reuters. com)Nokia, Finnish Telecom company SGV claims that Nokia is in no position to buy Siemens shares.
Accoriding to an ammendment, Amarc can increase controlling interest in the joint venture. An amendment to the ZNT and Galaxie joint venture was announced by Amarc Resources Ltd.
Glencore acquired 11.6% stake in PolyMet. Glencore Xstrata plc announced the acquisition of 31,756,979 common shares of PolyMet Mining Corp. by Glencore AG, a wholly-owned subsidiary.
Dell and Silver Lake proclaimed that they would not budge from their original offer price of $13.65 a share offer because this figure is already fair and reasonable.
Siemens admitted it did not have the capacity to produce 600 carriages that resulted to its withdrawal on the bidding war.
