Massey Energy says buyout of Cumberland will lead to doubling of metallurgical coal Mine operator Massey Energy Co. said Wednesday that its $960 million acquisition of rival Cumberland Resources this week will help double sales of expensive coal used in steel mills ...
The German luxury car maker Porsche said on Wednesday that has paid down nearly half its mountain of debt but that it expects to suffer a net loss in its current fiscal year. Porsche turned a profit in the first six months ...
AP sources: Simon Property weighs higher buyout offer for rival mall operator General Growth Simon Property Group Inc. is considering raising its $10 billion buyout offer for rival shopping mall owner General Growth Properties Inc. as early as this week, two people ...
Indian conglomerate Reliance is in late-stage talks to buy a big stake in a US natural gasfield, a report said Wednesday, after suffering several recent setbacks in overseas investments. Reliance is nearing a deal to invest 1.0-1.5 billion dollars in a joint ...
Massey Energy strikes $960M deal for rival Appalachian coal producer Cumberland Coal producer Massey Energy Co. said Tuesday it has agreed to buy privately held rival Cumberland Resources Corp. for $960 million in cash and stock. Richmond, Va.-based Massey called Cumberland a ...
Sigma-Aldrich buys Ace Animals for undisclosed amount, adds lab rodent breeding resource Biochemical company Sigma-Aldrich said Tuesday that it will buy a commercial rodent breeder in Pennsylvania. The acquisition of Ace Animals, based in Berks County, will boost the company's ability to ...
Wave of consolidation in the fertilizer market could benefit small exploration company. Phoscan (43 cents) I briefly mentioned in a February 1st StreetSignal report that I was following Phoscan (TSX: T.FOS, Stock Forum) closely at 40 cents. At the time I didn’t ...
SAN FRANCISCO (Reuters) - Google Inc said that it expects the rates that companies pay for search ads on mobile phones could surpass the rates of its existing PC-based ad business thanks to the growing popularity of powerful smartphones. Google Engineering Vice ...
Phillips-Van Heusen to buy privately held Tommy Hilfiger in $3B cash-and-stock deal Two iconic American clothing labels — preppy Tommy Hilfiger and Calvin Klein, known for its modern aesthetic — are coming together under one roof. Calvin Klein parent Phillips-Van Heusen said ...
OSI Pharmaceuticals' board of directors rejects Astellas Pharma's $3.5 billion takeover bid OSI Pharmaceuticals rejected a $3.5-billion takeover bid from Astellas Pharma Inc., telling shareholders Monday the offer was too low. Astellas has attempted to acquire OSI for more than a year ...
