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Highlights: November 20 - November 24, 2017

Staff Writer | November 27, 2017
The summary of the last week's business headlines and the most interesting stories.
Highlights
Week at a glance  
Marvell Technology to buy Cavium for $6 billion

Marvell Technology GroupChipmaker Marvell Technology Group said it will buy smaller rival Cavium for about $6 billion....

Youth unemployment falls globally, says ILO

Young workerThere is a persisting overall trend of insufficient good jobs for young people seeking work, who are estimated to account for over 35 percent of the unemployed worldwide in 2017, the International Labor Organization (ILO) said....

Key Safety Systems to buy Takata's global assets for $1.59 billion

Key Safety SystemsKey Safety Systems (KSS) will acquire substantially all of Takata’s global assets and operations for an aggregate purchase price of $1.588 Billion (approximately ¥175 billion)....

Stone Energy and Talos Energy to merge, create a $1.9 billion company

Talos EnergyTalos Energy announced that their boards have unanimously approved the combination of Talos and Stone in an all-stock transaction that will create a premier offshore-focused exploration and production company....

HP Inc. Q4 earnings up 22%

HP IncHP Inc. released a profit for its fourth quarter that increased compared to the same period last year....

Hewlett Packard Enterprise Q4 bottom line down 51%

Hewlett Packard EnterpriseHewlett Packard Enterprise (HPE) revealed a profit for fourth quarter that fell from last year....

Salesforce Q3 income advances 66%

SalesforceSalesforce released earnings for its third quarter that increased from last year....

ThyssenKrupp FY profit down sales up

ThyssenKruppThyssenKrupp recorded a net loss of 591 million euros for the year ended Sept. 30, 2017 due to one-time earnings charges as a result of the sale of the Brazilian steel mill CSA in the second quarter, compared to prior year net profit of 261 million euros....

Deere & Company Q4 earnings up 79%

Deere & CompanyDeere & Company released a profit for its fourth quarter that advanced from last year....

Rovio Q3 revenue increased 41%

RovioIn the third quarter of 2017, Rovio revenue increased by 41% year-on-year and amounted to approximately EUR 71 million....


 

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