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Companies: Page 1841

Philip Morris to own 100% of its Mexican business
Philip Morris InternationalWednesday May 22, 2013 5:26AM ET
Philip Morris International (PMI) announces that Grupo Carso will sell to PMI its 20% interest in Philip Morris Mexico, PMI's Mexican tobacco business.
KKR selling Seven West Media
Seven West MediaWednesday May 22, 2013 4:15AM ET
Kohlberg Kravis Roberts & Co (KKR) is selling a remaining stake in Australia's Seven West Media valued at $260 million (A$265 million).
Flickr will kill Tumblr
FlickrTuesday May 21, 2013 6:16PM ET
Yahoo! CEO Marissa Mayer announced new and improved Flickr. Along with changes in design every user will get 1 terabyte of free data. And totally missed marketing campaign.
Microsoft presented its new Xbox
Microsoft Xbox OneTuesday May 21, 2013 4:49PM ET
Microsoft unveiled Xbox One, the all-in-one gaming and entertainment system. The company wants to put One at the center of all games, TV, movies, music, sports and Skype activities.
Samsung and U.S. against Apple
AppleTuesday May 21, 2013 10:18AM ET
Samsung Electronics's smartphones and Google's Motorola devices gained ground among U.S. consumers in an annual satisfaction rating. Apple's iPhone is falling down and the company has been accused of tax avoidance.
Actavis and Warner Chilcott to create $11 billion company
Warner ChilcottTuesday May 21, 2013 7:53AM ET
Actavis will acquire Warner Chilcott in a stock-for-stock transaction worth $8.5 billion. The transaction will create a global specialty pharmaceutical company with $11 billion in combined annual revenue.
Danone enters China via joint-venture
DanoneTuesday May 21, 2013 6:09AM ET
The state-owned Chinese food company COFCO has signed an agreement with Danone to form a joint-venture. Danone wants market share greater than 20 percent.
Eircom gives Ireland 10x faster network
EircomTuesday May 21, 2013 4:59AM ET
Irish telecommunications company Eircom has deployed a new $608 million (€400 million) fiber-optic network that's up to 10 times faster than currently available broadband.
America Movil to buy Start Wireless' subscribers
America MovilTuesday May 21, 2013 4:11AM ET
Mexican telecommunications company America Movil SAB will uy U.S. mobile operator Start Wireless Group Inc., continuing to bolster its U.S. subscriber base.
Yahoo! buys Tumblr for $1.1 billion
YahooMonday May 20, 2013 2:18PM ET
Yahoo! Inc. bought blogging platform Tumblr for $1.1 billion in cash, keeping its management and independence.
Texas wants $350 million from BP & partners
Texas oil spillMonday May 20, 2013 8:43AM ET
Texas sued BP Plc, Transocean and other companies involved in the 2010 oil spill, calling it the "worst environmental disaster" in U.S. history. Texas is the fifth Gulf of Mexico state to file claims.
Merck Serono joins forces with Quintiles
Merck Serono QuintilesMonday May 20, 2013 6:27AM ET
Merck Serono, a division of Merck, announced a new, five-year clinical development agreement with Quintiles, the first-of-its-kind between a biopharmaceutical company and a biopharmaceutical services provider.

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