UPDATE 2-Manulife, Metlife submit bids for ING Asia sale -sources
Published By admin On Saturday, May 19th 2012. Under Business Tags: 2Manulife, Asia, bids, MetLife, sale, sources, submit, UPDATE
* Shortlisted bidders will be notified by end-May - sources
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UPDATE 2-German IG Metall, employers agree 4.3 pct wage deal
Published By admin On Saturday, May 19th 2012. Under Business Tags: 2German, agree, deal, Employers, Metall, UPDATE, wage
SINDELFINGEN, Germany, May 19 (Reuters) - Germany's largest
industrial union IG Metall reached a deal for a 4.3-percent pay
increase with employers just before dawn on Saturday that is
believed to be the largest annual increase for the sector in
more than a decade.
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UPDATE 2-HP mulls cutting at least 25,000 jobs – sources
Published By admin On Thursday, May 17th 2012. Under Business Tags: 'mulls, 25000, cutting, jobs, least, sources, UPDATE
May 17 (Reuters) - Hewlett-Packard Co is considering
cutting its workforce by 8 to 10 percent, or a minimum of 25,000
jobs, sources familiar with the matter told Reuters, as newly
installed CEO Meg Whitman strives to return the storied Silicon
Valley institution to growth.
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UPDATE 1-Wal-Mart posts strong profit as U.S. sales jump
Published By admin On Thursday, May 17th 2012. Under Business Tags: 1WalMart, jump, posts, Profit, sales, strong, U.S., UPDATE
May 17 (Reuters) - Wal-Mart Stores Inc posted a
better-than-expected quarterly profit on Thursday as its Walmart
U.S. division showed a 2.6 percent rise in sales at stores open
at least a year, and as warm weather and an earlier Easter
enticed shoppers to spend.
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UPDATE 2-Japan firms eye $4.4 bln stake in Australia LNG project-report
Published By admin On Wednesday, May 16th 2012. Under Business Tags: 2Japan, 4.4%, Australia, firms, projectreport, Stake, UPDATE
TOKYO, May 16 (Reuters) - A group of Japanese firms is in
talks to pay .4 billion for a stake in Australia's Wheatstone
gas field that had been set aside for bailed-out nuclear
operator Tepco, as the country looks to shore up long-term
energy supplies, the Nikkei business daily reported.
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UPDATE 2-BMC Software rebuffs Elliott with poison pill
Published By admin On Monday, May 14th 2012. Under Business Tags: 2BMC, Elliott, Pill, Poison, rebuffs, Software, UPDATE
May 14 (Reuters) - BMC Software Inc adopted a
shareholder rights plan to help stave off a potential
acquisition, after hedge fund group Elliott called for a sale of
the company and told the business software maker it acquired a
more than 5 percent stake.
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UPDATE 2-Yahoo CEO steps down in victory for Loeb-source
Published By admin On Sunday, May 13th 2012. Under Business Tags: 2Yahoo, Down, Loebsource, Steps, UPDATE, victory
May 13 (Reuters) - Yahoo Inc Chief Executive Scott
Thompson is stepping down after a controversy over a fake
computer science college degree on his biography, the third CEO
to leave the company in three years, according to a source
familiar with the situation.
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UPDATE 2-American Public Education forecasts weak 2nd-qtr
Published By admin On Thursday, May 10th 2012. Under Business Tags: 2American, 2ndqtr, Education, Forecasts, Public, UPDATE, Weak
May 10 (Reuters) - American Public Education Inc
forecast a slowdown in new student sign-ups, saying steps taken
to prevent abuse of federal funds have deterred potential
students from enrolling.
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UPDATE 2-Statoil to join Rosneft on Russian shelf -sources
Published By admin On Saturday, May 5th 2012. Under Business Tags: 2Statoil, Join, Rosneft, Russian, shelf, sources, UPDATE
MOSCOW, May 5 (Reuters) - Norway's Statoil will
drill in Russia's offshore zones with Rosneft in the
Russian state company's third Arctic oil deal, to be signed as
soon as Saturday, industry sources said.
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WSJ UPDATE: Glencore Says Canada Not Objecting To Viterra Deal
Published By admin On Friday, May 4th 2012. Under Business Tags: Canada, deal, Glencore, Objecting, says, UPDATE, Viterra
Glencore International PLC (GLNCY, GLEN.LN, 0805.HK) said Friday that it has been cleared by Canadian competition authorities to proceed with its proposed near C billion takeover of Viterra Inc.
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