Wal-Mart celebrates its annual meeting and announces a share repurchase program. (Photo : Reuters)The image is the frontage of a Walmart store. Wal-Mart Stores Inc has announced plans to undertake a US$15 billion share repurchase plan during its annual workers meeting last Friday.
North America
Twilio Inc. To Get US$70 Million for Expansion on Mobile Messaging
Twilio Inc. raised US$70 million from venture capitalists where funding was headed by Redpoint Ventures.
Clearance for SoftBank-Sprint Deal Confirmed by Justice
The Federal Communications Commission through its website announces no objection with the SoftBank offered bid of US$20.1 billion to acquire Sprint Nextel.
Ontario Teachers To Vote for Sprint-SoftBank Deal
The Ontario Teachers Pension Plan will vote for the Sprint-SoftBank deal as it is the fifteenth biggest shareholder in Sprint Nextel Corp.
SoftBank Looks Into “Plan B” with Deutsche Telekom
SoftBank is in talks with Deutsche Telekom in possibly acquiring T-Mobile USA after Dish Network Corp. made counter offer for Sprint Nextel.
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Marchionne discounts speculation that Fiat would accumulate more debts when it purchases the Chrysler stake of VEBA.
NRG Yield, a unit of NRG Energy Inc, would be offering its Class A shares through an IPO. A unit of power generator firm NRG Energy Inc. , NRG Yield has filed with US securities regulators an application for an initial public offer of its class A shares.
ISS and Glass Lewis at odds as to the removal of the CEO and Chairman for real estate GSW Immobilien AG.
Vodafone, to entice it to sell off its share in the joint venture with Verizon Communications, would require something between US$135 billion and US$140 billion.
The acquisition of Smithfield Foods Inc. by a Chinese company has raised contradictions in the US over its benefits.
General Motors Co expands a maintenance program to boost revenue while still looking at share buyback and dividend.
A partnership between Twitter and the world's biggest ad agency, WPP PLC transpired to better focus towards advertising.
Royalty Pharma's bid was threatened to be dismissed after the takeover panel released rulings that the US based company could no longer revise the terms on its proposed deal.
The U.S. Treasury continues to embark on a strategy to exit General Motors, selling its 30 million stock of the bailed-out company for $34.41 a share.
