AMD has reported a higher revenue compared to the previous year, flush with cash and a top notch development team.
Investors
Nestle - L'Oreal in Excellent Relationship
Nestle, L'Oreal and the Bettencourts chequered history in business. The present situation of L'Oreal and Nestle relationship "isn't on the agenda for the time being," commented Jean-Paul Agon, CEO of L'Oreal in an interview with Investir, a French weekly magazine, which was published today.
Penguin Group and Random House Obtains Canadian Approval
The Canadian Competition Bureau and the Department of Canadian Heritage have approved the merger of Random House and the Penguin Group.
Eaton Expands Factory To Increase Production
Eaton manufactures valves and valve actuators for vehicles, is planning to expand both its facilities and production.
IMF - Tunisia Loan Deal Amounts to $1.75 Billion
IMF approves US$1.75 billion loan package to Tunisia. According to reports, the International Monetary Fund confirmed that it had agreed to a $1. 75 billion standby loan agreement with Tunisia.
Latest News
SABIC makes job cuts and closes plants in Europe. Saudi Basic Industries Corp, currently the world's largest petrochemicals group is now reviewing its global expansion outlook.
BP is now undertaking a specific review of Mad Dog 2 as to the economies of scale and profits. British Petroleum is currently taking a new look at its oil project in the Gulf of Mexico.
On paper, the loss of US$1.168 billion resulted from the share price decline of the blue chip stock IBM.
Charter Communications had offered bonds to pay for buyback and redemption activities of the firm. In an announcement last Friday, Charter Communications Inc had priced its shares for a planned initial public offering of notes that fall due on 2024.
Reliance Communications' discussions with Batelco has broken down. India's third largest cellular carrier in terms of customer base, Reliance Communications Ltd had announced that it has withdrawn from discussions with Bahrain Telecommunications for the sale of a stake in its enterprise subsidiary.
Microchip maker Intel acquires API developer Mashery. Intel Corp, the world's largest manufacturer of semiconductor products has announced the acquisition of Mashery Inc, the start up based out of Francisco.
Homex bonds and share values jumped to record levels as it sold off two assets to Carlos Slim controlled corporations.
Alexander Machkevitch and other ENRC co-founders to partner with Kazakh government to make a bid for ENRC.
Deutsche Bank loan creates REMIC to become a bond for market purposes. Deutsche Bank's loan facility to Five Ten Capital, an asset manager based in California, will be facilitating the creation of a REO-to-rental bond.
