Franchise News
ITG Reserves $20.3 million for Probable Settlement with SEC, CEO Takes Full Reponsibility over Dark Pool Penalty
Samsung Missess Earnings Estimates Due To Disappointing Galaxy S6 Figures, Challenges Expected in Second Half
NBCUniversal Plans $250 Million Deal To Invest In BuzzFeed, Valuing The Site At $1.5 Billion
NBCUniversal, one of the country's largest multimedia corporations, is planning to invest $250 million in BuzzFeed, the New York Times reports. The deal values the online media company at $1.5 billion.
Latest News
Albertsons Officiails To Hire Over 1,400 Part-And Ful-Time Employees In SoCal
Albertsons officials are expected to hire over 1,400 part-and full-time workers in Southern California in the last two quarters of fiscal year 2015, the OC Register reports.
Hikma Acquires Roxane Laboratories, Enhances Position in U.S. Generics Market
Hikma Pharmaceuticals, PLC has announced in a press release that it agreed to acquire Roxane Laboratories, Inc. and Boehringer Ingelheim Roxane, Inc. from Boehringer Ingelheim for $1.8 billion in cash.
Consumer Confidence in U.S. Fell to Lowest Since August 2011, Caused By Less Optimisim in Labor Market
Consumer confidence has declined in July, following an improvement last month, due to less optimistic short-term outlook, especially in the Labor market, according to a press release by The Conference Board.
Ford's 2nd Quarter Profits Beat Expectations, Fueled by Sales in the U.S.
Ford Motor Co. reported a 44 percent gain in second-quarter profits, easily beating analysts’ expectations, due to its strong sales in the U.S, led by the Ford F-150 pickup truck, according to a report from Reuters.
AIG Hires Douglas Dachille as Chief Investment Officer, Acquires First Principles Capital Management
In a press release, American International Group, Inc. (AIG) has named Douglas A. Dachille, CEO and Chief Investment Officer of First Principles Capital Management, as AIG’s Executive Vice President and Chief Investment Officer.
Honeywell Acquires Elster Division of Melrose Industries, Increasing Own Business Profile
Honeywell International, Inc. has announced the acquisition of gas measuring and metering company, Elster, from Melrose Industries Plc for approximately £3.3 billion or $5.1 billion, according to a press release by Honeywell.
Ford Reports Quarterly Profit Of $2.6 Billion In North America
Ford Motor Co. officials have reported a quarterly profit of $2.6 Billion from North America, the Associated Press reports.
Volkswagen Brand Sales Drop 2.6 Percent Compared To 4.4 Percent Overall Industry Increase In 1st Half Of 2015
Sales of the Volkswagen brand have dropped 2.6 percent compared to the 4.4 percent overall automobile industry increase for the first half of 2015.
Medical Properties to Increase Portfolio of Hospital Real Estate with Acquisition of Capella Healthcare
"Medical Properties Trust, Inc. has announced, in a press release, that it has entered into a “definitive agreement” to acquire Capella Holdings, Inc. for $900 million in cash."
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