Men's Wearhouse snubbed the USD 2.3 billion takeover offer from Jos. A. Bank just two hours after it was made publicly.
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Masdar Energy gets GBP 266 million for wind farm development
Masdar Energy UK was granted a GBP 266 million loan from various lenders to fund its share of the cost of developing the largest wind farm in the world.
Land Securities Group to sell GBP 315 million to M&G Real Estate
Land Securities Group said it would sell South Bank office properties worth GBP 315 million to M&G Real Estate.
Men's Wearhouse shares rally after refusing Jos. A. Bank proposal- report
Shares of Men's Wearhouse jumped 28% after rejecting the takeover bid of Jos. A. Bank. Shares of Men's Wearhouse increased 28% after it snubbed the USD 2.
Foster Farms assures consumers of chicken safety but issues no recall
Foster Farms said consumers should not worry about the company's chicken products amidst the salmonella outbreak traced back to its plants.
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A report by Reuters said the managers at exchange-traded funds (ETFs) employed a passive approach on stocks traded after its debut on the bourse.
For the third straight quarter, India's consumer goods market had declined and this was attributed to a larger number of market players and declining consumer spending ability.
USDA said it would shut down Foster Farms unless the company would address the salmonella outbreak by Thursday.
An S-1 document filing by Twitter Inc revealed that the date of its initial public offering would be on November 15.
Biotech startups in the UK got a much-needed capital boost, thanks to Invesco Fund Managers Ltd's USD51 billion purse.
Some investors of AT&T Inc were wary about the US telecom company's plans to acquire European carriers.
Citigroup Inc. had hired Leopoldo Attolico and Pierpaolo di Stefano to run its investment banking operations in Italy, said a Bloomberg report.
Libyan Prime Minister Ali Zaidan had been kidnapped by a revolutionary group from Tripoli and was taken at dawn into an unknown destination, said a Bloomberg report.
BlackBerry, a Canada based struggling smartphone manufacturer, had been more open to a company breakup amid concerns that its biggest shareholder Fairfax Financial Holdings Ltd would not be able to find funds or partners for a proposed USD4.7 billion buyout deal.
