Danone had forwarded a claim worth EUR200 million against Fonterra for its false contamination scare of its milk products.
Sectors
Ellison gives up potential pay out
Oracle Corp Chief Executive Officer Larry Ellison had agreed to give up a possible payout. Larry Ellison, Oracle Corp's CEO, had agreed to give up potential payout valued approximately USD500 million.
RadioShack gets new financing offer
RadioShack had received several new financing offers from Bank of America and Wells Fargo, said a Reuters report.
Potbelly IPO proceeds to pay off debts and expansion plans
Potbelly gained USD105 million in its IPO, which would be used for dividend and debt payouts. Potbelly Corp, the company that sells made to order toasted sandwiches, had raised nearly USD105 million in its IPO in the United States.
Angel investors flock to syndicate site for venture capital
After AngelList was allowed to list companies and their backers to publicly solicit funds last week, venture capitalists flock to syndicate the site for venture capital.
Latest News
As share values jumped, the bigger issues for the Applied Materials-Tokyo Electron merger would be the regulatory approvals from three countries and the length of time for those approvals to be obtained.
The stockholders of Maidenform Brands Inc. had voted in favor a previously announced merger agreement with Hanesbrands Inc. today.
Hudson Insurance Group announced today its acquisition of the Surety Team from American Safety Insurance Holdings Ltd.
People who had been using Instagram would start to see advertising in their photo sharing feeds in the next couple of months.
Twitter disclosed its financial information to potential investors after filing its IPO documents, said a Reuters report.
The shareholders of Harris Teeter Supermarkets Inc. voted in favor of a previously announced merger agreement with The Kroger Co. during a special shareholder meeting held today.
The Chairman and CEO of Berkshire Hathaway Warren Buffett had called out the Republicans for their tactics that caused the current impasse.
Google Inc confirmed through a spokesperson that it had acquired Flutter, a startup company in development of a hand gesture interface technology.
Lavabit LLC founder Ladar Levison posted in Facebook his detailed account of how he had put up a fight with the US government in lieu of the company's to National Security Agency (NSA) whistleblower Edward Snowden.
