Industry

Michael Combes is the third CEO to try right Alcatel after leaving his post in Vodafone's European businesses.

CEO for Smithfield Foods Inc., Larry Pope can get a hefty US$46.6 million payment from merger-related transactions.

Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.

Dalian Wanda Group invested US$1.6 million in yacht manufacturer Sunseeker International Ltd. and a London property that included a five-star hotel.

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Japan's Astellas Pharma looks to sell its dermatology portfolio valued between US$500 million to US$1 billion.

Huawei Technologies Co said it had no plans to acquire Nokia as stated by the company's Vice President for external affairs.

Dish Network abandons its bid for Sprint Nextel before the Tuesday deadline stating that adding a new offer is impractical.

Carl Icahn promised Dell shareholders to buyback US$16 billion of its stock if they will join his campaign against privatization of the computer maker.

Two US legislators urge the Obama administration to carefully review the American-US Airways Deal as flight prices might go up or customer service might deteriorate.

Vodafone increased its Kabel Deutschland offer matching it with Liberty Global's Eur7.5 billion bid.

Vale SA is preparing for the imposition of new royalties charges for mining in Brazil. (Photo : Reuters)The image is the corporate logo of Vale SA of Brazil.

Janney Montgomery Scott LLC expands its veteran adviser leadership with new transfers from Morgan Stanley Wealth Management.

NVCA announced that Bobby Franklin is the association's new president. The NVCA (National Venture Capital Association) announced on Tuesday that it has named Bobby Franklin as its next president and Chief Executive Officer.

Mediware acquires Fastrack Healthcare Systems along with its 300 new clients and related expertise, services, products and contracts.