Shopping Slowdown Stalls Staples
August 19, 2008
Lagging consumer spending hurt the office supply company, as its shares fell 5% on disappointing Q2 results.
HP taking aim on IBM with risky $13.2B acquisition of EDS
Riding a hot streak that has doubled its stock price in the past three years, Hewlett-Packard Co. is rolling the dice on a $13.2 billion acquisition of technology services provider Electronic Data Systems Corp.
Heineken loses fizz through S&N acquisition
Heineken, the giant Dutch brewer which recently bought out Scottish & Newcastle (S&N) in partnership with its rival Carlsberg, today said the £10 billion acquisition had been a drag on first half earnings despite a rising thirst among consumers for its premium brands.
Quest Funds Acquisition With Offering
The oil and gas company priced its 8.8 millon share offering at $10.25 a share, the proceeds of which will help fund its recent acquisition.
07/02/08
Business news about Acquisition
IBM Mainframe Acquisition Raises...
PC World - A trade group raises concerns about IBM's acquisition of a competing mainframe vendor.
07/02/08
Business news about Acquisition
Woolies' acquisition drive blocked
Independent retailers claim victory after the ACCC blocks Woolies' strategy of 'creeping' retail acquisitions.
06/25/08
Business news about Acquisition
VDM narrows search for four acquisitions
Engineering firm VDM Group has narrowed its acquisition search to four potential business.
06/24/08
Business news about Acquisition
CBOT Acquisition Boosts CME's Net
CME's net income rose 60% as comparisons continue to be skewed by last year's acquisition of the Chicago Board of Trade.
Microsoft Abandons Yahoo Acquisition...
PC World - Microsoft has dropped its nearly three-month-long pursuit of Yahoo, ending a historic acquisition attempt whose failure takes...
CME 2nd-quarter profit rises 60 pct, says it received financing for Nymex acquisition
Futures exchange operator CME Group Inc. said Tuesday its second-quarter profit rose sharply, benefiting from the integration of last year's acquisition of the Chicago Board of Trade.
France Telecom considers acquisitions as it reports growth in 1Q revenue, margins
France Telecom SA on Wednesday reported growth in first-quarter revenue and profit margins and said it is ready to seek acquisitions to enhance its presence in both emerging markets and Western Europe.Macworld - HP announces 24,600 layoffs in wake...
Hewlett-Packard will lay off about 24,600 employees over the next three years in an effort to streamline the company following...
Analyst: Cablevision not seeking...
Cablevision Systems Corp. executives met with major shareholders this week to talk about strategic options for the company, but while many alternatives remain open they are not...
08/14/08
Business news about Acquisition
Qinetiq targets more acquisitions in...
Qinetiq, the UK defence contractor, said today it was eyeing more acquisitions
in the US after seeing a surge in demand for a bomb disposal robot used by
the US military in...
Russian steelmaker completes Esmark...
Russia's OAO Severstal has completed its acquisition of Esmark Inc. for $775 million, plus the assumption of debt and loans, the companies announced Tuesday. That puts the total...
08/05/08
Business news about Acquisition
EDS stockholders approve acquisition...
Electronic Data Systems Corp. said Thursday that its shareholders approved the acquisition of the company by Hewlett-Packard Co.
07/31/08
Business news about Acquisition
Top Air Force acquisition official...
Congressional aides say a top Air Force acquisition official has resigned.
07/28/08
Business news about Acquisition
Avocent Restructures, Announces Acquisitions (TechWeb)
TechWeb - InformationWeek - The acquisitions will bring Avocent into closer competition with full-spectrum IT infrastructure management vendors, such as IBM and HP.
Macworld
Ballmer: Yahoo acquisition won't happen
Microsoft CEO Steve Ballmer said a Yahoo acquisition is still off the table, despite Yahoo CEO Jerry Yang's decision to step down.
Mergers and Acquisitions Rankings Rankle
Sudden shifts and discrepancies in the rankings of mergers and acquisitions businesses have become particularly contentious in a tough year, since a higher ranking can bring in...
07/27/08
Business news about Acquisition
OMX Acquisition Boosts Nasdaq
Nasdaq OMX's net income soared amid the February acquisition of Nordic and Baltic exchange operator OMX.
Orica has firepower for acquisitions
Orica is looking for acquisitions to add to its explosives businesses, a day after announcing it will spin off its consumer products division.
07/22/08
Business news about Acquisition
Alliant Tech says major acquisitions...
Reuters - U.S. rocket maker Alliant
Techsystems aims to expand in space systems, advanced
weapons and electronics but is shunning big acquisitions after
its bid for a...
07/19/08
Business news about Acquisition
Google Reinforces Its Russian Front...
TechWeb - InformationWeek - The deal to buy ZAO Begun, a Russian contextual advertising service, marks Google's first publicly disclosed acquisition since last October.
07/18/08
Business news about Acquisition
Nokia Completes Plazes Acquisition ...
TechWeb - InformationWeek - The deal will help Nokia beef up its location-based mobile social networking offerings.
07/16/08
Business news about Acquisition