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Tue Aug 26, 4:46 AM ET DUBAI (Reuters) - General Motors Corp (GM.N) (GM) has received interest from two separate investors from the Gulf Arab region to buy its Hummer brand, the company's Middle East chief told Reuters on Tuesday.
"For sure, there has..
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8 minutes ago NEW YORK (Reuters) - Canada's Precision Drilling Trust (PD_u.TO) will buy U.S. driller Grey Wolf Inc (GW.A) for US$2 billion in cash and stock, creating one of the largest North American oil and gas rig operators, the companies said on Mon..
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1 hour, 54 minutes ago WASHINGTON (Reuters) - Merrill Lynch & Co Inc (MER.N) has struck a tentative deal with U.S. securities regulators to buy back up $7 billion in auction-rate securities, the latest in a series of pacts between banks and regulators o..
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By Jonathan Stempel 1 hour, 26 minutes ago NEW YORK (Reuters) - Morgan Stanley (MS.N) and JPMorgan Chase & Co (JPM.N) agreed to buy back billions of dollars of illiquid auction-rate securities and pay fines to settle charges that they misled investors a..
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By David Dolan 2 hours, 51 minutes ago TOKYO (Reuters) - Mitsubishi UFJ Financial Group (8306.T), Japan's largest bank, said it would bid $3 billion to buy the remaining 35 percent of California's UnionBanCal Corp (UB.N), as it looks for growth beyond i..
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by Justin Cole Thu Aug 7, 5:03 PM ET WASHINGTON (AFP) - Troubled US banking giant Citigroup has agreed to buy back 7.5 billion dollars' worth of tainted securities it marketed to tens of thousands of investors, US regulators announced Thursday.
The vas..
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14 minutes ago NEW YORK (Reuters) - Citigroup Inc (C.N) agreed to buy back more than $7 billion of illiquid auction-rate securities and pay a $100 million civil fine to settle charges it marketed the debt fraudulently.
New York Attorney General Andrew..
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18 minutes ago NEW YORK (Reuters) - Bristol-Myers Squibb Co (BMY.N) has offered to buy biotechnology company ImClone Systems Inc (IMCL.O) for $60 a share in a deal that would give it full control of the cancer drug Erbitux.
The bid, revealed in a regul..
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Patrick Cain Tue Jul 22, 6:06 PM ET Would you buy, sell or hold this stock?
The company at this time was heavily traded and owned by dozens of mutual funds.
Its earnings growth jumped from 67% in the September 2005-ended quarter to 117% in the March 2..
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By Helen Chernikoff 1 hour, 40 minutes ago NEW YORK (Reuters) - Waste Management Inc (WMI.N) on Monday offered to buy Republic Services Inc (RSG.N) for about $6.19 billion, potentially derailing the smaller competitor's deal to acquire Allied Waste Indu..
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1 hour, 37 minutes ago NEW YORK (Reuters) - Dow Chemical Co (DOW.N) said on Thursday it would buy rival Rohm and Haas Co (ROH.N) for $18.8 billion, in a move to broaden its product offerings in the paints, coatings and electronic materials.
The all-cas..
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11 minutes ago ATLANTA (Reuters) - Electronics retailer Best Buy Co (BBY.N) is looking to new product categories and business models to help it double annual sales to $80 billion over the next five years, executives said on Wednesday.
Mike Vitelli, exe..
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By Dane Hamilton 1 hour, 36 minutes ago NEW YORK (Reuters) - Microsoft Corp (MSFT.O) said on Monday it would be willing to reopen talks to buy all or part of Yahoo Inc (YHOO.O), but only if a new Yahoo board is elected -- a big boost for financier Carl..
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1 hour, 47 minutes ago NEW YORK (Reuters) - Microsoft Corp (MSFT.O) on Monday said it would be willing to reopen talks to buy all or part of Yahoo Inc (YHOO.O), but only if a new Yahoo board is elected, a major boost for investor Carl Icahn's board slat..
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By Jessica Hall 1 hour, 1 minute ago PHILADELPHIA (Reuters) - NBC Universal and private equity firms Bain Capital and Blackstone Group (BX.N) said on Sunday they agreed to buy The Weather Channel from Landmark Communications.
Terms of the widely expect..
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Thu Jul 3, 5:45 AM ET (Reuters) - Blockbuster Inc (BBI.N), which abandoned its offer to buy Circuit City Stores Inc (CC.N) this week, may try to acquire the electronics retailer later, the New York Post said Thursday citing insiders.
One source told th..
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Mon Jun 23, 5:46 AM ET NEW YORK (Reuters) - U.S. fertilizer producer and oilseed processor Bunge Ltd (BG.N) has agreed to buy Corn Products International Inc (CPO.N) for $4.4 billion in stock, Bunge said on Monday.
The company also raised its 2008 earn..
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By Karen Jacobs 1 hour, 20 minutes ago NEW YORK (Reuters) - Consumer electronics retailer Best Buy Co (BBY.N) posted a 7 percent drop in first-quarter profit on Tuesday, but results were better than expected as the company gained market share in televis..
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By Foo Yun Chee 19 minutes ago AMSTERDAM (Reuters) - U.S. office supplies company Staples (SPLS.O) has won its battle to buy Corporate Express (CXP.AS) after the Dutch firm agreed to a sweetened bid of 1.7 billion euros ($2.65 billion) to create the wor..
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By Sinead Carew 38 minutes ago NEW YORK (Reuters) - Verizon Wireless said on Thursday it will buy rural mobile service provider Alltel Corp for $28.1 billion including debt, which would vault it to first place in the U.S. market ahead of AT&T Inc (T.N)...
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