Analysts believed that Grand Theft Auto 5 would become a billion dollar hit. Now that Grand Theft Auto 5 (GTA 5) has finally and officially hit stores, analysts said the game was poised to become a very big hit.
Corporations
IPO in the works for Checkers Drive-In - sources
Checkers Drive-In Restaurants Inc has been the latest restaurant chain that was purportedly preparing itself to go public.
Hilton Worldwide names pricing terms on its new USD5.85 billion loan - sources
According to a report by Reuters, sources said that Hilton Worldwide came up with its pricing terms on its USD5.85 billion refinancing credit that would be used to finance debt that would arise from its public offer.
Mediobanca unilaterally cut its stake in Telco SpA affecting Telecom Italia
Mediobanca, one of the shareholders in Telco SpA who is the majority shareholder in Telecom Italia SpA, announced the cut in its stake in the holdings company, lowering the value of the shares of the telecommunications firm.
Safeway does 'poison pill' defense against possible takeover
Safeway, the grocery chain, received information as to the significant accumulation of shares of stock by an unnamed individual, requiring the company to protect itself from a hostile takeover.
Latest News
The Board of Directors of Microsoft Corp approved a new share repurchase program worth USD 40 billion.
Burberry projects growth in the Chinese market to continue despite government crackdown on luxury goods.
Pharmaceutical company Chiesi Farmaceutici SpA agreed on Monday to acquire the remaining stake it does not own in Cornerstone Therapeutics Inc for USD9.5 per share in cash.
The 'grey market' is a good gauge of the market's interest in an IPO and Twitter is gaining 'high interest'.
According to the Ministry of Commerce, China's utilized FDI increased by 6.37% for the first eight months of the year.
Leap Wireless International Inc shareholders would meet next month to vote on AT&T's planned acquisition of the prepaid wireless carrier.
Huntsman Corp said it would be buying the titanium dioxide pigment business of Rockwood Holdings for USD 1.1 billion.
The Children's Investment Fund proposed to the European Aeronautic, Defence & Space Co to distribute its Dassault Aviaton stake to its shareholders.
A settlement was reached between a consortium of banks and liquidators over the current legal dispute over the collapse of the Bell Group of Australia.
