Jean-Claude Arnobit
Latest News
Konecranes to Merge with Terex, Form a Leading Global Lifting and Material Handling Solutions Company
Konecranes Plc has just announced that they will be merging with Terex Corporation, following the unanimous approval of both their boards of directors, according to a press release issued by Konecranes.
Envestnet to Acquire Yodlee, Enhances Company's Platform
Envestnet, Inc. a leading provider of unified wealth management technology and services to financial advisors has announced that it will acquire Yodlee, Inc. for approximately $590 million, according to a press release issued by the company.
Google Announces Plan for New Operating Structure, Creates New Company Called Alphabet
Google, Inc. has just announced the creation of a new company called Alphabet, as part of its plan for a new operating structure that will make Google cleaner and more accountable, according to a blog post in Google by Larry Page, CEO and co-founder of Google.
Cancer Genetics Announces Agreement to Acquire Response Genetics, Expands its National Sales and Service Footprint
Cancer Genetics, Inc. has announced that it has entered into an agreement in principle to acquire Response Genetics, Inc., a CLIA-certified clinical laboratory focused on the development and sale of molecular diagnostic testing services for cancer, according to a press release issued by Cancer Genetics.
Gravity CEO Defends $70,000 Minimum Salary, Says it was the Right Decision
Dan Price, CEO of Gravity Payments, defends his decision to raise the minimum salary of the company’s employees to $70,000, saying it was the right decision, according to a report from CNN Money.
Mallinckrodt Acquires Therakos, Expands Hospital Growth Business and Platform
Mallinckrodt Plc, has entered into a “definitive agreement” with The Gores Group LLC for a subsidiary of Mallinckrodt to acquire Therakos, Inc., a leading immunotherapy company, for approximately $1.325 billion, according to press release issued by Mallinckrodt.
Precious Cargo Recalls One-Piece Infant Garment, Potential Choking Hazard Identified
Precious Cargo has announced the recall of its Infant One-Piece garment due to a potential choking hazard to young children, according to a company-issued press release.
Groupon Announced Investment of Sequoia to its Indian Arm, Unit to be Renamed Nearbuy
Groupon Inc. has just announced the investment of Sequoia Capital, a private equity firm, to its Indian unit, Groupon India, according to a press release issued by the company.
Rhode Island Seeks Help From Brookings Institution to Boost its Economy, Create Jobs for People
Governor Gina M. Raimondo, governor of Rhode Island, has sought the support of the Brookings Institution’s Metropolitan Policy Program in her efforts to boost the state’s economy and provide jobs for its people, according to a press release issued by Rhode Island.
Walmart to Reduce Operating Hours at Six of its 24/7 Stores, Better Prepare the Store for Customers the Next Day
Six Walmart Supercenters that has operated for 24 hours will reduce its working hours by six, from 6 a.m. to 12 midnight, by the end of August, according to a report from The Advertiser.
Japan's Sumitomo Negotiating to Acquire US's Symetra, Would Boost Overseas Growth
Sumitomo Life Insurance Company, a Japanese insurance company, is in talks to acquire U.S.’s Symetra Financial Corporation for about $3.1 billion, a person familiar with the matter told Reuters.
Twitter Board Considering Changes To Make Directors More Diverse, May Include Exit of Costolo
The board of directors of Twitter, Inc. is considering a shakeup that may include the exit of Dick Costolo, former chief executive officer of Twitter, people familiar with the matter told Bloomberg.
ValueAct has Taken a Stake at AmEx, Considers Seeking Changes for the Credit Card Issuer
ValueAct Capital Management has accumulated a stake at American Express (AmEx), worth $1 billion, people with knowledge of the matter told Bloomberg.
Keurig to Cut 200 Jobs in Vermont, 130 More in Other Locations Following Disappointing Sales
Keurig Green Mountain will cut 200 jobs in Vermont state, 130 more in other locations following the disappointing sales of the company, according to a report from the Chron.
Capital One Nears Deal to Acquire GE's Health Finance Unit, The Sale is Part of GE's Plan to Divest
Capital One Finance Corporation, a credit card lender, is in exclusive talks to acquire General Electric’s U.S. healthcare finance unit for about $10 billion, people familiar with the matter told Reuters.
ClearSign Signs Agreement with Tesoro to Test Performance of ClearSign's Low Emissions Duplex Technology
ClearSign Combustion Corporation has just announced that it has signed an agreement with Tesoro Refining & Marketing Company, LLC to test the performance of its Duplex technology in Tesoro’s refinery heaters, according to a press release issued by ClearSign.
McDonald's to Lay Off 135 Workers in Oak Brook, 90 Workers Overseas, Part of Cost Cutting Move
McDonald’s Corporation will be cutting 135 jobs at its headquarters in Oak Brook, Illinois, and 90 more overseas, according to a report from Bloomberg.
Allergan Receives Subpoena from US DOJ, Part of Government's Probe in Generic Drug Pricing
Allergan Plc received a subpoena from the U.S. Department of Justice for its Actavis unit, seeking information regarding the marketing and pricing of its generic drugs, according to an article from Bloomberg.
William Ackman Builds $5.5 Billion Stake at Mondelez, Attempts to Push Company to Grow or Sell Itself
Activist investor William Ackman has built a $5.5 billion stake in Mondelez International, Inc., the maker of Oreo cookies and Toblerone, according to a report from The Wall Street Journal.
IBM to Buy Merge Healthcare, Will Teach Watson to See
International Business Machines Corp. (IBM) has just announced that they have agreed to buy Merge Healthcare, Inc., a leading provider of medical image handling and processing, interoperability and clinical systems designed to advance health care quality and efficiency, for $1 billion, according to a press release issued by IBM.
Coca Cola's 3 European Bottlers to Merge, Positions Itself to Capture Growth
The three European bottlers of Coca-Cola, Coca-Cola Enterprises, Inc., Coca-Cola Iberian Partners SA, and Coca-Cola Erfrischungsgetränke AG, has agreed to merge to form the largest Independent Coca-Cola Bottler in terms of net revenue, according to a press release issued by Coca-Cola Enterprises.
Tintri Raises $125 Million in Financing, Looking to Accelerate Global Growth
Tintri, Inc. has announced that it has raised $125 million in its latest funding round led by Silver Lake Kraftwerk, according to a press release issued by Tintri.
Adidas Acquires Runtastic, Enhances Offerings of Sportswear Tracker, Fitness Apps
The Adidas Group has just announced that it has acquired all the outstanding shares of the Runtastic GmbH at an enterprise value of €220 million or over $240 million, according to a press release issued by Adidas.
Netflix Offers Work Life Balance, Announces Unlimited Leave for Parents during First Year of Child Birth
Netflix has announced that they are offering unlimited paternity and maternity leave policy for their employees for one year, following the birth of their child or after adopting a child, according to a post in the Netflix blog.
GE Enters the Cloud Services Market, Announces Predix Cloud
General Electric (GE) has announced its plans to enter the cloud service market with its own cloud solution, called Predix Cloud, according to a press release issued by GE.
Motorola Solutions Announces Silver Lake $1 billion Investment, Will Use it to Accelerate Growth
Motorola Solutions, the leading global provider of innovative mission-critical communications solutions for public safety and commercial customers, has announced that Silver Lake will make a $1 billion investment to the company, according to a press release issued by Motorola Solutions.
RR Donnelley to Split into Three Independent Publicly Traded Companies, Expects Strategic and Financial Benefits
RR Donnelley Sons & Company has announced that it intends to create three independent, publicly traded companies, according to a press release issued by RR Donnelley.
Team Health to Acquire IPC Healthcare, Expand its Services, and Improve Offerings of Physicians
Team Health Holdings, Inc., a leading provider of outsourced physician staffing solutions for hospitals in the United States, announced that it has agreed to acquire IPC Healthcare, Inc. in an all cash transaction for about $1.6 billion, or $80.25 per share, according to the press release issued by Team Health.
Shire Proposes to Acquire Baxalta, Become a Global Biotech Company Focused on Rare Diseases
Shire Plc has announced that they have made a proposal to Baxalta, Inc. on July 10, 2015 for a possible merger in an “all-stock transaction,” according to the press release issued by Shire.
Aetna Beats Profit Estimates as Government Plans Expand, Increases Full-Year Earnings Forecast
Aetna, Inc., the third-largest health insurer in the U.S., has reported a second-quarter operating profit of $722.1 million, or $2.05 a share, a per share increase of 21 percent from the 2014 profit of the same quarter, according to a press release issued by Aetna.
Just In
Most Read
