The reported interest of Nelson Peltz in Pepsico and Mondelez caused share prices of the two food giants to increase.
Investors
MetroPCS Shareholder Calls for CEO's Head
P.Schoenfeld Asset Management LP has called for the resignation of MetroPCS CEO for irregularities and conflict of interest.
Proto Labs Prepares for Purchase
Proto Labs distinguishes itself from 3D printing, prepares for first purchase. Custom made prototype builder Proto Labs Inc is preparing to make its first acquisition in fourteen years.
IPO Set for Bausch & Lomb
Warburg Pincus opens Bausch & Lomb for IPO at the same time seeking purchaser for the company. Bausch & Lomb Holdings Inc has recently filed papers with US regulators for its initial public offering.
Two IPOs Provide Insight as to Recovering Market
Esure and Greencoat performance in London bourse is portent of things to come for the market. Two companies provide the barometer for new stock offerings last Friday, as they attracted strong demand at the time when there is a clear improvement in investor confidence.
Latest News
Despite the clamor for more executive payroll controls, Credit Suisse decides to increase the pay of its CEO in 2012.
AXA stands to earn from purchase of its private equity subsidiary. In a statement, AXA is expecting to receive Eur 200 million or US$259. 94 million gain from the buyout of its private equity unit.
After a bitter battle, First Quantum wins shareholder support for Inmet. In a statement, First Quantum Minerals has said it has gathered enough shareholder support to be able to take over Inmet Mining.
BP, as promised, returns nearly US$8 billion to its investors through a share buy back program. British oil giant British Petroleum or BP Has announced that starting Friday, it would be conducting a buy back share program in consonance with its promise to reward shareholders after its sale of its interests in TNK-BP.
Barclays has decided to declare a 14.2 percent stake in Dutch cable company Ziggo following its failure to find enough buyers for the shares in a sale.
French insurer AXA is now finalizing the sale of the majority state in its private equity arm to a group of investors in a deal worth about 500 million euros.
Greece has reached a deal to purchase local units of Cypriot banks in a bid to save Greek banks from the crisis.
Ketchup manufacturer H.J. Heinz is seeking fund for its acquisition by Berkshire Hathaway and 3G Capital as it expands its high-yield bond sale and decides to tighten price guidance.
Telecom group Vimpelcom is tapping UBS to supervise the sale of its Canadian unit Wind Mobile, which is being valued between $500 million and $1 billion.
