PGGM would be selling its Wal-Mart stocks due to unresolved labor issues of the company. (Photo : Reuters)PGGM is a Dutch asset manager. Wal-Mart's silence regarding its labor relations in the US has prompted PGGM NV to stop investing in the company.
Sectors
Reduced Credit Risk Leads Alstom to Issue Bonds
Alstom issued bonds while credit risk was at a reduced level. (Photo : Reuters)This is the logo of Alstom. Alstom SA sold bonds for the first time since October last year, with the cost of insuring debt against losses at the lowest level in two weeks.
Best Buy Gets Outperform Rating from Credit Suisse
Best Buy obtains high ratings as well as record share values because of the latest moves done under the aegis of CEO Joly.
Sinovel Charged with Stealing AMSC's Trade Secrets
Sinovel was charged with stealing AMSC's trade secrets and using the same illegally. (Photo : Reuters)Sinovel imported its wind turbines to the US.
China Investigates Dumping of EU Wine
China started its investigation on the "dumping" of EU wine in the country. (Photo : Reuters)Chinese authorities started probe on EU wine imports today.
Latest News
Lufthansa launched its revamped budget airline called Germanwings to take on the competition. (Photo : Reuters)The photo displays airplanes of Europe’s biggest carrier, Lufthansa.
McKesson Corp and Cardinal Health Inc are in talks with Celesio for its stakes, two sources said. (Photo : )The photo shows Celesio's, a German drugs company, official logo.
Sainsbury would be launching its own mobile phone service called "Mobile by Sainsbury's".
Intuit Co. wanted to focus on its core businesses which led to a deal worth US$1 billion with Thoma Bravo.
Confie Seguros bought two insurance firms located in New York. (Photo : Reuters)This image shows a view of New York City ABRY Partners' portfolio company Confie Seguros announced on Monday that it purchased two insurance companies.
Lockheed Martin launched an international arm that will be led by Patrick Dewar, corporate strategy and firm development executive.
Idera named Randy Jacops as its new chief executive officer, and Joseph Stephens as vice president. Idera, a server management solutions provider from Houston, Texas, announced today that it has hired Randy Jacops to fill the company's top exec spot.
Citi Group would pay Fannie Mae US$968 million for potential mortgage repurchase claims incurred between 2000-2002.
UrgentRx named Michael Valentino as its new member of the board. (Photo : Reuters)This is the logo of UrgentRx. Flavored medications developer UrgentRx said on Monday that it welcomed Michael Valentino to its board of directors.
