49296 results returned for search: "" category ("Other" AND "Business")
SAN FRANCISCO (Bloomberg) — Dell Inc. declined to match Hewlett-Packard Co.'s $33-a-share offer for 3Par, ending a bidding war for the data-storage supplier that stretched into 18 days.
"We took a measured approach throughout the process and have dec...
DATE: Sep 03, 2010
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TORONTO (Reuters) - Toronto's main stock index ended higher yesterday after Toronto-Dominion Bank reported a higher quarterly profit and US economic data added to investor optimism about recovery.
Heavily weighted banking issues were up 1.1 percent a...
DATE: Sep 03, 2010
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Bermuda-based Nabors Industries Ltd. has announced that the waiting period for the proposed acquisition of Superior Well Services Inc. under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired without a request for additional informa...
DATE: Sep 03, 2010
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TAIPEI/HONG KONG (Reuters) - The buyers of American International Group Inc's Taiwan unit will be constructive as they seek to pursue the $2.2 billion bid even after Taiwan's regulators rejected it, a top executive said on Thursday.
Robert Morse, chi...
DATE: Sep 03, 2010
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WASHINGTON (Bloomberg) — Federal Reserve chairman Ben Bernanke said he regretted not saying in congressional testimony shortly after the failure of Lehman Brothers Holdings Inc. in 2008 that the central bank had no authority to save the firm.
The tes...
DATE: Sep 03, 2010
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Gerova Financial Group Ltd. is to shift its domicile to Bermuda from the Cayman Islands, after shareholders approved the move at an extraordinary general meeting.
The group had already established a life reinsurance unit in Hamilton, Gerova Re, whic...
DATE: Sep 02, 2010
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LONDON - The FTSE 100 index of leading British shares closed up yesterday at 141.19 points, or 2.7 percent, at 5,366.41.
"(M&A talk) is certainly helping the market higher. But the FTSE is up on low volume," Manoj Ladwa, senior trader at ETX Capital,...
DATE: Sep 02, 2010
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Insured losses from Hurricane Earl's rampage across the Caribbean will range from $50 million to $150 million, according to catastrophe modelling experts AIR Worldwide.
The storm, which last night appeared to be heading for North Carolina, caused wid...
DATE: Sep 02, 2010
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AUTHOR:
Jonathan Kent
HONG KONG (Bloomberg) — China Strategic Holdings Ltd. will consider appealing a decision by Taiwan regulators to reject its $2.15 billion bid for American International Group Inc.'s local unit, chief executive officer Raymond Or said.
The Hong Kong-b...
DATE: Sep 02, 2010
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OSLO (Bloomberg) — Bermuda-based Seadrill ASA rose to the highest since April as billionaire founder John Fredriksen forecast takeovers in the oil rig industry and said offshore drilling regulation after the Gulf of Mexico spill will boost earnings.
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DATE: Sep 02, 2010
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