LG, Haier Might Bid for GE Appliances Unit, Immelt Says (Update2) - Bloomberg
Posted by: admin in Latest NewsLG, Haier Might Bid for GE Appliances Unit, Immelt Says (Update2) - Bloomberg
Might 28 (Bloomberg) — LG Electronics Inc. and Haier Group Corp. are among the companies that may acquire General Electric Co.’s century-old appliances division, said Jeffrey Immelt , chief executive officer of the U.S. company. “The players become
BAM FY construction margin around 2007 level; co to buy in NL, UK - CNBC
AMSTERDAM (Thomson Financial) - Royal BAM Group N.V. sees the full year margin before tax at its construction division equalling or maybe lightly surpassing 2007’s 2.3 percent. “The 4.0 percent margin before tax at Construction seen this quarter does
Green is good - Detroit Free Press
Auto companies, retailers and hotels aren’t the only ones hopping on the green bandwagon these days. Companies that sell services to other companies are also getting into the act. And it’s not just architects, engineers and consultants. In Michigan
Steel Partners, Shareholders Oust Aderans’ Management (Update1) - Bloomberg
May 29 (Bloomberg) — Shareholders led by Warren Lichtenstein ’s Steel Partners ousted the management of Japan’s biggest wigmaker as investors in the world’s second-largest economy demand more influence over how companies are run. Chief Executive
China earthquake shows say role in business - Newsday
SHANGHAI, China - China’s devastating earthquake will mean large write-offs for China’s state-run banks. For refiners, it means export profits foregone for the sake of keeping domestic supplies steady. In China, large business means state-owned business
Overseas companies eye GE appliance unit - Louisville Courier-Journal
General Electric Chief Executive Jeffrey Immelt stated yesterday that companies in South Korea, Mexico and China are among the potential bidders for GE’s appliance business. LG Electronics, based in South Korea, is “clearly one of the leading
Iran mulling swap of Repsol, Shell gas projects - Forbes
TEHRAN (Thomson Financial) - Iran is negotiating with Repsol YPF SA and Royal Dutch Shell to to switch their gas exploration blocs in the South Pars offshore gasfield in the Gulf, said minister of petroleum Gholamhossein Nozari. ‘Blocks 15, 16, 20
Fuel prices might rise next week - Hindustan Times
The government is expected to take a decision on petrol and diesel prices next week, officials said on Tuesday as state-owned oil marketing companies mounted pressure for a steep hike in retail prices of the auto fuels. A hike in government
EU inquiry deadline for STMicroelectronics, NXP jv June 27 - CNBC
BRUSSELS (Thomson Financial) - The European Commission said the deadline for its inquiry into semiconductor chipmaker STMicroelectronics’ proposed wireless joint venture with Dutch competitor NXP is set for June 27. The two companies plan to combine
The rush is on for oil, gas rights - Allentown Morning Call
Unsuspecting property owners around the country are getting trampled in an old-fashioned land rush by natural gas companies and speculators trying to lock up long-ignored drilling rights swiftly and cheaply. Stories of fast-talking industry
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