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macy macon

GKN to Buy Volvo's Aerospace Division for USD986 million - 0 views

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    "The aerospace division of the world's number two truck maker Volvo is being acquired by GKN, the British engineering group, for 633 million pounds ($986 million). The move is designed to boost the capacity and range of GKN's engine component portfolio."
macy macon

Madoff Victims to Receive USD405 Million from Hedge Fund Manager - 0 views

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    "Clients of hedge fund manager J. Ezra Merkin, who were victims of Bernard Madoff's historic investment scam, can breathe easy as they will now receive $405 million as per a settlement announced Sunday. Attorney General of New York state said that the agreement represented "a victory for justice and accountability." "
macy macon

'The Avengers' Cross USD600 Million Mark In Domestic Collection - 0 views

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    "Walt Disney Pictures 'The Avengers' crossed the $600 million portal of domestic box office greatness, becoming only the third film after 'Titanic' and 'Avatar' to do so. "
macy macon

Record Fine of USD452 Million Imposed on Barclays (BCS) - 0 views

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    "A total fine of $452 million was levied on British bank Barclays PLC on Wednesday by US the and UK regulators for "misconduct" related to Libor and Euribor, which are benchmark rates that refer to the amount that banks levy for lending to each other. "
macy macon

Payment Deadline Pushed Back, Costing Detroit USD28 Million - 0 views

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    "A payment deadline due to which Detroit would have to bear a cost of $28 million in revenue if the city's lead attorney refuses to withdraw her legal challenge of the agreement that envisages the financial recovery plan of Detroit, has been successfully pushed back by state officials."
macy macon

Ingram (IM) Micro Agrees to buy BrightPoint (CELL) for USD650 Million - 0 views

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    "Technology distributor Ingram Micro Inc has agreed to buy wireless device distributor BrightPoint Inc for about $650 million in cash in order to expand in new growth areas due to the dwindling sales of personal computers. "
india incorporated

Special Report: India swings Million Dollar Bat - 0 views

The co-creators of the famous Million Dollar Arm contest, which took two unknown athletes from India into the baseball big league of the US, will now capitalise on the brand with a 'Million Dollar ...

United States

started by india incorporated on 27 Nov 14 no follow-up yet
macy macon

Game Sales Fell Short of 38 Studios' Forecast - 0 views

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    "After sacking workers in Rhode Island and Maryland, 38 Studios had filed for bankruptcy protection on June 7 as it was late on a $1.1 million payment to Rhode Island in connection with a $75 million state loan guarantee. The sales of its debut game were not up to expectations and the company did not get any cash by selling it. "
macy macon

Abound Solar Seeks Bankruptcy Protection - 0 views

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    "Abound Solar said that it will seek bankruptcy protection next week as it has not been able to come to terms with potential buyers over the last several months. About $68 million in US-backed loans will be at risk of not being repaid and 125 employees would lose their jobs."
macy macon

~~~Global News World~~~ | Latest Business and Entertainment News - 0 views

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    "Canadian pop sensation Justin Bieber latest release ,'Believe', has topped UK album chart, outselling British singer Cheryl Cole's 'A Million Lights' by 3,000 copies."
macy macon

Liberty Media Wins USD950M Lawsuit Against Vivendi - 0 views

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    "Liberty Media Corp won a $950 million jury verdict Monday against French media company Vivendi Universal S.A. in a lawsuit stemming from a 2002 sale of USA Networks."
macy macon

Barclays Chief Executive Under Pressure from Politicians to Resign - 0 views

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    "The chief executive of Barclays Bank is coming under increased pressure from politicians to resign after the bank was fined $450 million for manipulating interest rates at which banks lend to each other. He has agreed to give up his bonus this year. "
macy macon

Small Businesses Unaware About Healthcare Laws - 0 views

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    "A survey shows that millions of small businesses are not aware of the provisions of healthcare laws that provide small-business health-care tax credit first available in 2010, as part of the Affordable Care Act. "
macy macon

HSBC Raises USD430 M by Selling its Stake in India's Axis and Yes Bank - 0 views

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    "British bank HSBC raised about $430 million after selling its holdings in India's Axis Bank and Yes Bank on Thursday."
macy macon

Airbus Plans Assembly Line in Alabama - 0 views

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    "Airbus is planning to aggressively enter the world's largest market for single-aisle airplanes by setting up an assembly plant in Mobile, Alabama in the US. It will invest several hundred million dollars in th"
macy macon

Largest Ever Penalty of USD3.7 Billion Imposed on Enbridge for 2010 US Oil Spill - 0 views

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    "A fine of $3.7 million has been imposed on Enbridge Inc over a July 2010 crude oil spill, which contaminated stretches of the Kalamazoo River in Michigan. It was the largest penalty ever imposed by the US pipeline regulator."
macy macon

Brazil's Cielo Will Buy US Based Merchant e-Solutions For USD670 M - 0 views

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    "Cielo, Brazil's largest card payment processor, will buy for Merchant e-Solutions, a US provider of card payment processing solutions for $670 million. "
macy macon

Rihanna Sues Ex-Accountants Over Malpractices - 0 views

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    "Rihanna is suing her former accountants for negligence that allegedly resulted in her losing millions of dollars."
macy macon

Tempco Boosts Production with New Equipment Acquisitions - 0 views

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    "Tempco Manufacturing Company, Inc., has invested heavily in new equipment to improve their processes and boost production. The precision metal forming company has spent nearly $3 million on new equipment in the past two years alone."
macy macon

Intel to Acquire 15 Percent Stake in ASML for USD4.1 Billion - 0 views

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    "Intel Corp has decided to invest $4.1 million to acquire 15 percent stake in Dutch chip-equipment maker ASML Holding NV with the intention of reducing the time needed to adopt new production techniques by two years."
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