RSS   Newsletter   Contact   Advertise with us
Post Online Media
Hewlett-Packard says it's the victim in Autonomy acquisition
Hewlett-PackardTuesday November 20, 2012 2:55PM ET
HP announced a non-cash impairment charge of $8.8 billion related to acquisition of Autonomy in the fourth quarter of 2012. The company started an internal investigation, including a forensic review by PricewaterhouseCoopers of Autonomy’s historical financial results.
Glencore and Xstrata agree on merger
Glencore XstrataTuesday November 20, 2012 1:32PM ET
Glencore shareholder accepted the merger of their company with Xstrata with 99.4 percent of votes. Since Xstrata' also approved the merger (79%), the path to creation of $70 billion natural-resources giant is clear.
Hostess go into mediation with workers' union
Hostess BrandsTuesday November 20, 2012 11:53AM ET
The fate of the Hostess Brands will be a bit clearer after a hearing scheduled for 11 a.m., EST, on Wednesday. The company announced that a mediation with the Bakery, Confectionary, Tobacco and Grain Millers Union was unsuccessful.
Total sells 20% in Nigerian project to Sinopec for $2.5 billion
TotalMonday November 19, 2012 12:36PM ET
Total, a French energy company, has finalized the agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec) for $2.5 billion in cash.
Cisco acquires Wi-Fi company Meraki for $1.2 billion
MerakiSunday November 18, 2012 7:09PM ET
Cisco announced that it will acquire Meraki Inc., a company that offers mid-market customers networking solutions that can be centrally managed from the cloud. The deal is worth $1.2 billion in cash.
Mittal Investments buys concrete business from Anglo American
MittalSunday November 18, 2012 5:01PM ET
Mittal Investments, the investment firm of the steel magnate Lakshmi N. Mittal, has bought a group of concrete plants from Anglo American for $452.7 million.
Volkswagen Group grows 25.4 percent in Americas
The Volkswagen GroupSunday November 18, 2012 5:01PM ET
The Volkswagen Group made a record sales: it delivered more than seven million vehicles for first time in period from January to October, with increase on the American continent of respectable 25.4 percent.

 

We use cookies to ensure that we give you the best experience on our website. Please allow cookies for fully-functioning website.

Allow Cookies Privacy Policy