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Companies : Page 1843

MVC Capital to sell U.S. Gas & Electric to US Holdings
U.S. Gas & ElectricOctober 8, 2013 ET
MVC Capital announced that an agreement has been reached to sell U.S. Gas & Electric, Inc. (USG&E), MVC's largest portfolio holding, to United States Gas & Electric Holdings (US Holdings).
Monsanto buys Climate Corp. for $930 million
MonsantoOctober 8, 2013 ET
Monsanto Co. said its $930 million acquisition of Climate Corp. is a breakthrough addition that will unlock new strategic opportunities for the company.
ArcelorMittal Ostrava to invest $53m to revamp of its steel shop
ArcelorMittalOctober 8, 2013 ET
ArcelorMittal Ostrava is revamping the continuous casting machine (CCM) in its steel shop. The aim of the project, worth 53m is to improve the quality of steel as well as to produce new high value added products.
Chinese firm starts Uganda's $500 million power plant
IsimbaOctober 7, 2013 ET
China International Water and Electric Corp. has started construction work at the $500 million Isimba hydro power plant in Uganda.
China Airlines inaugurates Creative Cooking Competition
China Airlines mealOctober 7, 2013 ET
China Airlines is launching the China Airlines Cup Creative Cooking Competition and invites tertiary students to use local, eco-friendly, and creative ingredients to design and create in-flight meals.
Bombardier Manufacturer of the Year at the Light Rail Awards 2013
Bombardier TransportationOctober 7, 2013 ET
At the 2013 Light Rail Awards held in London, Bombardier Transportation won the coveted award for Manufacturer of the Year.
Citigroup to pay $30 million fine
CitigroupOctober 7, 2013 ET
Citigroup Inc will pay a $30 million fine after one of its analysts improperly sent confidential research on an Apple supplier to big clients including Steven A. Cohen's hedge fund SAC Capital Advisors, a securities regulator said.
Airbus steps into Boeing's territory, makes deal with JAL
Airbus A350 XWBOctober 7, 2013 ET
Japan Airlines (JAL) has signed a purchase agreement for 31 A350 XWBs (18 A350-900s and 13 A350-1000s), plus options for a further 25 aircraft. This is JAL's first ever order for Airbus aircraft.
BlackBerry faces class action suit
BlackBerryOctober 7, 2013 ET
BlackBerry Ltd., and its CEO and CFO, are facing allegations they misled investors on the state of the company's future, and how its BlackBerry 10 would fare against competitors.
Cooper Tire & Rubber wants fast closing of merger
Cooper Tire & RubberOctober 7, 2013 ET
Cooper Tire & Rubber Company filed a complaint in Delaware Chancery Court asking that subsidiaries of Apollo Tyres be required to expeditiously close the pending merger between the two companies in accordance with the terms of the definitive merger agreement.
Fitch: CEO departure narrows options for Telecom Italia
Franco BernabeOctober 7, 2013 ET
The resignation of Franco Bernabe as chairman and CEO of Telecom Italia (TI) removes the possibility of a large capital increase, which would have been positive for TI's credit profile, Fitch Ratings says.
Sterling Bank launches new prepaid cards
Sterling BankOctober 7, 2013 ET
Sterling Bank, the principal operating subsidiary of Sterling Financial Corporation, launched two new prepaid card products, Everyday Cash Card and Student Everyday Cash Card.

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