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Barnes & Noble Inc will spin off its college books unit and keep its Nook tablets and e-book business [ Reuters ]. Reversal of direction driven by the board. Does anybody use Nook?
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www.nakedcapitalism.com
https://www.nakedcapitalism.com/2015/02/200pm-water-cooler-22815.html
Bharti Hexacom, a wholly owned subsidiary of Bharti Airtel, provides mobile and broadband services in Rajasthan and the Northeast under the Airtel brand. The company reported a 22.7% rise in net profit to Rs 260.9 crore for Q3FY24, driven by average revenue per user (ARPU) and subscriber growth. Revenue grew 23.2% YoY to Rs 2,295.7 crore. ARPU improved to Rs 204 from Rs 189, supported by premiumization, higher data usage, and increased postpaid adoption.
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trendlyne.com
https://trendlyne.com/posts/5029342/five-interesting-stocks-today-march-13-2025
General Electric is exploring a possible sale of all or part of its aircraft leasing unit, people familiar with the matter told Reuters. GE Capital Aviation Services is the world's second-largest lessor. Its competitors have expressed interest in purchasing it, the sources said. GE also may spin off the business, the sources told Reuters. Read more from Reuters.
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sbj.net
https://sbj.net/stories/general-electric-explores-options-for-aircraft-leasing-unit,56261
Niki was a wholly owned subsidiary of airberlin, and airberlin ceased operations in October, after Etihad withdrew their financial support. Despite that, Niki had continued to operate as usual. That's because they received funding from Lufthansa, as Lufthansa was planning on taking them over in order to expand their Eurowings division.
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onemileatatime.com
https://onemileatatime.com/niki-lauda-buys-back-niki
"With the appointment of a conciliator the clock has started ticking towards us taking a strike vote if further negotiations prove to be unsuccessful." Due to strict Transport Canada Regulations, Jazz cannot operate any flights without one of the Halifax-based dispatchers authorizing the release of each aircraft for each flight. Because of licensing and training regulations it would be practically impossible to replace the services of the 66 individuals that CALDA represents at Jazz. Jazz Aviation LP, a wholly owned subsidiary of Chorus Aviation Inc. (TSX: CHR.A, CHR.B), operates more than 800 flights a day throughout North America under its Capacity Purchase Agreement with Air Canada. Chorus earns virtually all of its revenue through Jazz. The company said it earned net income of $26.4 million for the first quarter of 2012 and paid a dividend of 15 cents per share in each of the last three quarters. Allan Shiell Chair, Canadian Airline Dispatchers Association Local 2 647-300-5151
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www.newswire.ca
http://www.newswire.ca/fr/news-releases/mediation-fails-jazz-dispatchers-head-to-conciliation-510429901.html
Four off-hole anomalies at vertical depths of 500 m, 750 m, 880 m and 930 m will be tested. Additional areas to test are at the Freebeth property where a previous borehole survey detected an untested off-hole anomaly in a prospective VMS area and at the Squall and Tramping properties where a recent ZTEM survey has identified buried anomalies in the same juvenile arc rock package as at HudBay's Lalor Deposit. The Squall and Tramping properties are located approximately 6 km north and south respectively of HudBay's Lalor Deposit. Rockcliff has the exclusive right to earn a 100% interest in the Rail, Reed and Freebeth properties from Hudson Bay Exploration and Development Company Limited (HBED), a wholly owned subsidiary of HudBay Minerals Inc. (HBM: TSX).
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www.newswire.ca
https://www.newswire.ca/news-releases/rockcliff-commences-drill-program-at-snow-lake-project-539221281.html
Delta Air Lines (NYSE: DAL) wholly owned subsidiary Delta Private Jets (DPJ) has signed a fleet-wide agreement with Gogo, Inc. (NASDAQ: GOGO) to deliver a 4G inflight experience to DPJ customers, the company said.
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www.financial-news.co.uk
https://www.financial-news.co.uk/delta-private-jets-gogo-partner-to-deliver-4g-service-f
Halyard Health has revenues of roughly $1.7 billion annually, versus $21 billion for all of Kimberly-Clark. Kimberly-Clark's management also said that Halyard holds leading market positions in both surgical and infection prevention products and medical devices. It employs approximately 16,500 employees, versus about 57,000 for the whole of Kimberly-Clark.
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247wallst.com
https://247wallst.com/consumer-products/2014/05/06/kimberly-clark-sets-formal-stage-for-health-care-spin-off
In 2020, the company introduced Reels, a short-form video product designed to compete with the ascendant popularity of rival TikTok. Antitrust watchdogs have long accused Meta of relying on a "copy-acquire-kill" strategy to unfairly fend off rivals and entrench its dominance in social media. A federal judge ruled earlier this month that a lawsuit by the US government to force Meta to spin off Instagram and WhatsApp can move to trial.
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www.iol.co.za
https://www.iol.co.za/business-report/companies/business-report/economy/meta-scrambles-to-respond-to-upstart-social-platform-blueskys-surge-9c535701-2ccb-4613-8fdd-45db886f5f92
"This can change for Sony; it can change for any other company very quickly. It's a very dangerous thing to count anyone out of that market." But he added, "the main test is how sustainable is (Sony's) growth in smartphones; where do they plateau in market share?" ( Read more : Sony rejects Dan Loeb's spin off proposal ) Others hope Sony can make up for some missed opportunities. "One of the challenges that Sony's had for a long time is they've never really leveraged all their content assets into their device assets.
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www.cnbc.com
https://www.cnbc.com/2014/02/06/will-sonys-amputation-plans-staunch-the-bleeding.html
GATX Corporation announced a plan to focus its aircraft leasing portfolio around its newer, more profitable aircraft. As part of this plan, GATX announced its intent to sell up to $450 million of older aircraft assets (including wholly owned and joint venture aircraft), or approximately 23% of its current air portfolio. In conjunction with this plan, GATX anticipates reporting after-tax, non-cash charges in the range of $110-$130 million in the fourth quarter of 2005. Sales of targeted aircraft are expected to be substantially complete by the end of 2006. Incremental gains or losses may occur as aircraft sales are completed.
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avitrader.com
https://avitrader.com/2005/12/07/gatx-to-reduce-aircraft-portfolio-by-450-million
Last week Seven & i said it was studying a counter-offer from its vice president Junro Ito, the founder's son, and his company Ito-Kogyo, which already has a stake of around eight percent. Broadcaster NHK reported late Tuesday that they were seeking to raise more than eight trillion yen (US$50 billion) from banks and to complete the takeover this fiscal year, which ends on March 31. Seven & i told AFP that no official announcement had been made. The firm's shares were up 8.4 percent by the break of trade in Tokyo, having earlier rocketed 10 percent. The 7-Eleven franchise began in the United States, but it has been wholly owned by Seven & i since 2005. Around a quarter of 7-Eleven stores are in Japan, where they are a cherished one-stop shop for everything from rice balls to concert tickets. Couche-Tard, which began with one store in Canada's city of Laval in 1980, now runs nearly 17,000 convenience outlets worldwide. — Agence France-Presse
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bilyonaryo.com
https://bilyonaryo.com/2024/11/21/shares-in-7-eleven-owner-soar-on-counter-offer-report/lifestyle
Keppel swings back to $300 million first-half profit, quadruples dividend Keppel snags $815 million in separate managed accounts from global financial institutions
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www.straitstimes.com
https://www.straitstimes.com/business/companies-markets/keppels-34b-privatisation-offer-for-sph-timeline-of-key-developments
Renault Bank is celebrating five years in Ireland, and in that time they have lent in excess of 500 million euro to individual and business customers. The captive bank is a wholly owned subsidiary of the Renault Group and since 2011, provides a range of financial services in the Irish market for Renault and Dacia customers. The Bank now employs over 30 staff at its offices in Dundrum and operates through Renault Group's 28 branches within dealerships around the country offering customers market leading rates, and flexible finance options. The amount lent to customers so far this year (to end October 2016) increased by approximately 49% versus the same period in 2015 as a result of Renault Group's strong performance this year, particularly with the launch of new models such as the Kadjar and all-new Mégane.
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www.rev.ie
https://www.rev.ie/renault-bank-celebrates-5-years-in-ireland
CEO C. Larry Pope, who will remain at Smithfield post-deal, called the sale to Shuanghui "a great transaction for all Smithfield stakeholders as well as for American farmers and U.S. agriculture." Pope said he does not anticipate any changes to the business post-deal, noting that Smithfield will be a wholly owned independent subsidiary of Shuanghui. The Chinese buyers have pledged to honor collective bargaining agreements in place and not to close any Smithfield facilities or locations.The deal will be financed through a combination of cash provided by Shuanghui and rollover of existing Smithfield debt, as well as debt financing committed by Morgan Stanley Senior Funding Inc. and a syndicate of banks. The deal is expected to close in the second half of 2013, subject to shareholder and regulatory approval.
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www.thestreet.com
http://www.thestreet.com/story/11936500/1/thedeal-smithfield-surges-on-chinese-buyout-to-create-global-meat-seller.html
Following last year's spin off of its audio and video business, and the sale of Sony Online Entertainment, Sony has announced that Sony Computer Entertainment (SCE) and Sony Network Entertainment International (SNEI) will be merged into Sony Interactive Entertainment LLC (SIE). The move will see all SCE and SNEI hardware, software, content, and network services operations headquartered in San Mateo, California, with operations in Tokyo and London. SIE is set to begin operating on Friday, April 1, 2016.
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techaeris.com
https://techaeris.com/2016/01/26/sony-computer-entertainment-and-sony-network-entertainment-merge
Shares of Adani Enterprises has moved higher by 7% to Rs 161, bouncing back 15% from its early morning low on the BSE on back of heavy volumes on Thursday. The stock of Adani group Company turned ex-date for spin off its gas sourcing and distribution business into a new company called Adani Gas. At 11:05 am; Adani Enterprises was trading 5% higher at Rs 158 on the BSE, as compared to 0.41% rise in the S&P BSE Sensex. It touched a low of Rs 140 in early morning trade. A combined 28.65 million equity shares changed hands on
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www.business-standard.com
https://www.business-standard.com/article/markets/adani-enterprises-trade-ex-date-for-spin-off-rebounds-15-from-day-s-low-118090600280_1.html
The addition of Solta's industry leading brands and global sales organization creates a very compelling platform for future growth in the medical aesthetic segment. Our entire team looks forward to executing a smooth transition of our operations into the Valeant organization." Under the terms of the agreement, Valeant will commence a tender offer for all outstanding shares of Solta at a price of $2.92 per share in cash. The tender offer will be conditioned on the tender of a majority of Solta's shares calculated on a diluted basis, as well as the receipt of regulatory approval and other customary closing conditions. Following the completion of the tender offer, a wholly owned subsidiary of Valeant will merge with Solta and the outstanding Solta shares not tendered in the tender offer will be converted into the right to receive the same $2.92 per share in cash paid in the tender offer. Solta's Board has unanimously approved the transaction.
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www.benzinga.com
http://www.benzinga.com/news/13/12/4157334/valeant-pharmaceuticals-agrees-to-acquire-solta-medical-for-2-92-per-share-in-cas
In 2016, MGM Resorts created MGM Growth Properties, a REIT that owned several casino resorts. This year, MGM Growth Properties was sold for $17.2 billion to VICI Properties, according to the release.
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therealdeal.com
https://therealdeal.com/new-york/2022/12/24/jonathan-litt-calls-on-six-flags-to-monetize-its-real-estate
TransCanada PipeLines Ltd., Calgary, has agreed to sell its Netherlands assets to GDF International SA, a wholly owned subsidiary of Gaz de France, for 371 million euros ($332.9 million). The sale will have an effective date of July 1, 2000. The divestiture is part of TransCanada's business refocusing program announced in 1999 (OGJ, Dec. 20, 1999, p. 32). TransCanada said it expects to receive 38 million euros in cash distribution relating to first half 2000 activity of the assets. But it also will repay a loan of 122.5 million euros associated with the original purchase and operations of the assets. The sale includes all of the outstanding shares of two TransCanada subsidiaries: TransCanada International (Europe) Ltd., and TransCanada International Petroleum (UK) Ltd.
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www.ogj.com
http://www.ogj.com/articles/2000/08/transcanada-to-sell-netherlands-assets-to-french-firm.html
"We see a visible wholly owned oncology program as a major driver of valuation for gene-editing companies ," Livshits said in a report to clients. "BlueRock's technology would enable Editas to develop a wholly owned (stem-cell)-derived natural killer cell pipeline."
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www.investors.com
https://www.investors.com/news/technology/crispr-gene-editing-stock-editas-deal-bluerock-stem-cell-therapies
Karuna Therapeutics Inc. (NASDAQ: NASDAQ: KRTX ) is on the cusp of becoming a wholly owned subsidiary of Bristol-Myers Squibb (NYSE: NYSE: BMY ), as a key regulatory hurdle has been cleared. The waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 (HSR Act), which is a requirement for the merger to proceed, expired on Tuesday night, signaling a green light from antitrust authorities.
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www.investing.com
https://www.investing.com/news/stock-market-news/karuna-therapeutics-set-to-merge-with-bristolmyers-squibb-93CH-3338000
Strong gains: HSBC shares soared another 3 per cent today on reports of a possible spin-off of its UK retail banking arm, after similar gains Friday when news its is reviewing where it is headquartered
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www.thisismoney.co.uk
https://www.thisismoney.co.uk/money/markets/article-3057574/hsbc-continues-make-gains-shares-climb-3-amid-talks-spin-uk-retail-bank.html
FirstCash's more than 2,800 pawn stores buy and sell a wide variety of jewelry, electronics, tools, appliances, sporting goods, musical instruments and other merchandise, and make small non-recourse pawn loans secured by pledged personal property. FirstCash, through its wholly owned subsidiary, AFF, also provides lease-to-own and retail finance payment solutions for consumer goods and services through a nationwide network of approximately 9,800 active retail merchant partner locations. As one of the largest omni-channel providers of "no credit required" payment options, AFF's technology provides its merchant partners with seamless leasing and financing experiences in-store, online, in-cart and on mobile devices. FirstCash is a component company in both the Standard & Poor's MidCap 400 Index® and the Russell 2000 Index®.
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www.marketscreener.com
https://www.marketscreener.com/quote/stock/FIRSTCASH-HOLDINGS-INC-36749376/news/FirstCash-Reports-Record-First-Quarter-Earnings-Results-Pawn-Fee-Revenues-Increase-15-Coupled-with-43656793/
Marksans Pharma announced that UK MHRA has granted Market Authorisation to the Company's wholly owned subsidiary Relonchem Limited for Fluoxetine 20mg/5ml Oral Solution. Therapeutic use of the product is for treatment of depressive illness and other mental/mood disorders. The product will be manufactured at the plant of Bell, Sons & Co. (Druggists) located at Gifford House, Slaidburn Crescent, Southport, UK. Powered by Capital Market - Live News
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www.business-standard.com
https://www.business-standard.com/article/news-cm/marksans-pharma-receives-uk-mhra-approval-for-fluoxetine-20mg-5ml-oral-solution-123012300528_1.html
Additional Information This press release is neither an offer to purchase nor a solicitation of an offer to sell shares of Argon ST. Vortex Merger Sub, a wholly owned subsidiary of The Boeing Company, has not commenced the tender offer for the shares of Argon ST stock described in this release. Upon commencement of the tender offer, the Vortex Merger Sub will file with the SEC a tender offer statement on Schedule TO and related exhibits, including the offer to purchase, letter of transmittal, and other related documents. Following commencement of the tender offer, Argon ST will file with the SEC a tender offer solicitation/recommendation statement on Schedule 14D-9. These documents will contain important information about The Boeing Company, Argon ST, the transaction and other related matters. Investors and security holders are urged to read each of these documents carefully when they are available.
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boeing.mediaroom.com
https://boeing.mediaroom.com/2010-06-30-Boeing-Announces-Agreement-to-Acquire-Argon-ST
The Edmonton-based company is one of the world's largest cannabis producers, with a funded capacity of more than 500,000 kilograms a year and operations in 22 countries across five continents. Aurora has 15 wholly owned subsidiary companies, including MedReleaf and CanniMed Therapeutics.
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www.fool.ca
https://www.fool.ca/2019/02/12/aurora-cannabis-inc-tsxacb-q2-shows-big-growth-in-pot-sales
The company is also developing MVT-602, an oligopeptide kisspeptin-1 receptor agonist, that has completed a Phase 2a study for the treatment of female infertility as part of assisted reproduction. Takeda Pharmaceuticals International AG, a subsidiary of Takeda Pharmaceutical Company Limited, the originator of relugolix, previously granted the company a worldwide license to develop and commercialize relugolix (excluding Japan and certain other Asian countries) and an exclusive license to develop and commercialize MVT-602 in all countries worldwide. Sumitovant Biopharma, Ltd., a wholly owned subsidiary of Sumitomo Dainippon Pharma Co., Ltd., is the majority shareholder of Myovant.
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www.benzinga.com
https://www.benzinga.com/pressreleases/20/06/g16348637/myovant-sciences-announces-positive-results-from-second-phase-3-study-evaluating-once-daily-relugo
Diversified mining company South32 is moving ahead with the sale of its South African coal operations and has received formal expressions of interest. The company, which spun off from BHP Billiton in 2015, had started the "process to broaden and transform the ownership of South Africa Energy Coal", said CEO Graham Kerr. In 2017, South32 noted its intention to spin off the South African coal business with the aim of it becoming a black-owned producer. After this sale, South32 will remain invested in SA through its manganese operations and its Hillside aluminium smelter. On Thursday, South32 reported good production numbers for the September quarter, the first three months of its new financial year, and Kerr said it had maintained its annual production guidance for all operations.
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www.businesslive.co.za
https://www.businesslive.co.za/bd/companies/mining/2018-10-19-buyers-have-eyes-on-south32s-sa-coal-operations
Any level of PH in ILD patients is associated with poor 3-year survival. A current estimate of PH-ILD prevalence in the United States is greater than 60,000 patients, though population growth in many of these underlying ILD diseases is not yet known due to factors including underdiagnosis and lack of approved treatments until March 2021, when inhaled treprostinil was first approved for this indication. About Liquidia Corporation Liquidia Corporation is a biopharmaceutical company focused on the development and commercialization of products in pulmonary hypertension and other applications of its PRINT® Technology. The company operates through its two wholly owned subsidiaries, Liquidia Technologies, Inc. and Liquidia PAH, LLC. Liquidia Technologies has developed YUTREPIA™ (treprostinil) inhalation powder for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD).
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www.tipranks.com
https://www.tipranks.com/news/press-releases/liquidia-submits-amendment-to-add-ph-ild-indication-to-tentatively-approved-nda-for-yutrepia-treprostinil-inhalation-powder
Yahoo! Inc. is pushing ahead with plans to spin off its stake in Alibaba Group Holding Ltd. after comments by the IRS triggered a share slump amid concerns the deal could hit a snag.
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www.bloomberg.com
http://www.bloomberg.com/news/articles/2015-05-19/yahoo-shares-drop-on-potential-changes-to-irs-s-spinoff-rules
On Monday, Diamondrock Hospitality Co [NYSE:DRH] saw its stock fall -1.40% to $8.46. Over the last five days, the stock has lost -1.17%. Diamondrock Hospitality Co shares have risen nearly 2.96% since the year began. Nevertheless, the stocks have fallen -6.31% over the past one year. While a 52-week high of $9.78 was reached on 01/28/25, a 52-week low of $6.18 was recorded on 04/09/25.
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knoxdaily.com
https://knoxdaily.com/2025/09/09/bofa-securities-upgrades-diamondrock-hospitality-co-drh-stock-to-a-buy
"We are not too sure how to view this piece of news," said the engineer, who asked not to be identified. "Although Motorola has assured us of our position, there is some fear that once the [semiconductor] unit is spun off from Motorola, we may be targets for other IC chip companies that may not have the same corporate culture in place as Motorola."
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www.eetimes.com
https://www.eetimes.com/case-of-the-jitters-at-moto-singapore/
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner and acquirer of premium hotel properties. DiamondRock owns 20 hotels with approximately 9,600 rooms. For further information, please visit DiamondRock's website at www.drhc.com.
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www.prnewswire.com
https://www.prnewswire.com/news-releases/diamondrock-hospitality-announces-fourth-quarter-and-year-end-2009-earnings-release-and-conference-call-83055077.html
"His two decades of experience in sales and product support will be vital to our continuing effort to deliver top-quality service to Falcon operators and maximize the customer ownership experience." Since 2016 Brana served as Villa's deputy as Senior Vice President, Civil Aircraft with a special focus on worldwide Falcon business jet sales and marketing. In his new role, he will be responsible for defining and implementing global sales, marketing, customer service and product development strategy enabling the company to address the dynamic business aviation market environment. Brana has been with Dassault's business jet operation since 2005. He began as Director of Sales for Asia at Dassault Falcon Jet (DFJ), the company's wholly owned subsidiary headquartered in Teterboro, New Jersey.
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www.dassaultfalcon.com
https://www.dassaultfalcon.com/news/dassault-aviation-names-carlos-branaexecutive-vice-president-of-civil-aircraft
The Board of ASB has appointed CBA Group Executive Marketing and Strategy, Vittoria Shortt, as ASB Chief Executive Officer. ASB Bank Limited is a wholly owned subsidiary of Commonwealth Bank of Australia. Ms Shortt succeeds retiring CEO Barbara Chapman and will commence at ASB in early February 2018. Ms Shortt joined the CBA Group in 2002 and has held a number of senior roles in both CBA and Bankwest, including customer-facing, operations and strategy leadership roles. In March 2015, Vittoria was appointed Group Executive Marketing and Strategy. In this role, Ms Shortt reported directly to CEO Ian Narev as a member of the Group Executive Committee. Commonwealth Bank CEO, Ian Narev, said: "Vittoria's breadth of operating and functional experience during more than 15 years with the CBA Group shows our commitment to developing high calibre leaders.
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www.commbank.com.au
https://www.commbank.com.au/content/shared/newsroom/2017/12/ASB-appoints-new-chief-executive.html
Sime Darby Property Bhd, via wholly owned unit Sime Darby Property (Hong Kong) Ltd, has entered into a loan agreement to provide £10mn (RM58mn) in shareholders' advances to Battersea Project Holding Co Ltd (BPHCL). The funds will be used to support future phases of the Battersea Power Station development in London. SDPHK holds a 40% stake in BPHCL, the project's holding company. (The Star)
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klse.i3investor.com
https://klse.i3investor.com/web/blog/detail/taresearch/2025-07-08-story-h499603130-Daily_Brief_8_Jul_2025
February 08, 2023 – Atlanta, GA – Bluefin, the recognized integrated payments leader in PCI-validated encryption and tokenization technologies that protect payments and sensitive data, today announced that Everi Payments Inc., the wholly owned subsidiary and FinTech business of Everi Holdings Inc., entered into an agreement with Bluefin to bring a new level of payment security to their casino gaming customer base.
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www.bluefin.com
https://www.bluefin.com/press-releases/agreement-everi-bring-added-cash-access-security-casino-gaming-floor
Sustaining capex is the capital spending required to support delivery of the current mine plan. Cash operating cost per tonne and sustaining capex per tonne are non-GAAP financial measures and do not have standardized meanings under IFRS and might not be comparable to similar financial measures disclosed by other issuers. Refer to section titled "Non-IFRS and Other Financial Measures" below. 2 Information in this section is presented on a 100% basis of the Cauchari-Olaroz operation; the Company's economic interest is 44.8% 3 The Pozuelos-Pastos Grandes project, ("PPG") includes Ganfeng's wholly owned Pozeulos project, the jointly-owned Pastos Grandes project (85% owned by Lithium Argentina and 15% owned by Ganfeng), and the Sal de la Puna project (65% owned by Lithium Argentina and 35% owned by Ganfeng) in Argentina.
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www.finanznachrichten.de
https://www.finanznachrichten.de/nachrichten-2025-05/65409720-lithium-argentina-ag-lithium-argentina-reports-first-quarter-2025-results-399.htm
Meta Financial Group Inc. (NASDAQ : CASH) is a U.S. bank holding company that conducts its operations primarily through its wholly owned subsidiary MetaBank. In February the company reported a net income of $3.0 million for the first quarter of its fiscal 2014, up from $3.1 million a year ago. Its first quarter assets edged up to $1.79 billion, from $1.62 billion posted a year ago. At the same time the company's EPS amounted to $0.65 in the first quarter, above the last year result of $0.57, but lower than the consensus estimate of $0.69. For the current quarter, the company is expected to show earnings of $0.90 per share. Out of the funds tracked by us at Insider Monkey, several ' hedgies' disclosed stakes in Meta Financial Group Inc. (NASDAQ : CASH). Jim Simons ' Renaissance Technologies holds a $4.04 million position, which amasses 100,100 shares, followed by Malcolm Fairbairn 's Ascend Capital with 42,500 shares, worth $1.71 million.
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www.insidermonkey.com
http://www.insidermonkey.com/blog/tom-browns-second-curve-capital-raises-its-stake-in-meta-financial-group-inc-cash-318264
At the same time, JFC also disclosed its wholly owned unit Bee Good! Inc. (BGI) signed on Thursday the share purchase agreement to acquire a 45% stake in Smashburger. With this, JFC's ownership in the firm will now stand at 85%, from 40% previously.
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www.bworldonline.com
https://www.bworldonline.com/editors-picks/2018/03/09/140348/jollibee-refinance-smashburgers-80-m-loan
, the British confectionery and beverage company. On May 7, the company will spin off its U.S. beverage business as a new company called Dr Pepper Snapple Group, which will trade on the
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www.thestreet.com
https://www.thestreet.com/investing/more-stock-picks-from-lesser-known-top-traders-10410269
The Vendor holds 10.417% of the issued share capital in Ricocure. In the event that, on the date of such a sale, the average market price of the Common Shares as quoted on the AIM market of the London Stock Exchange plc ("AIM") is less than 30p per Common Share, then the shortfall shall be paid by the Company to the Vendor in cash on completion of the Agreement subject to a maximum cap of £0.04 per Common Share. There are exceptions in respect of completed bona fide third party takeover offers or arrangements, amalgamations or similar transactions involving the acquisition by a third party of 50% or more of the outstanding Common Shares.
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apnews.com
https://apnews.com/press-release/accesswire/politics-africa-south-881224c2237ccb8807c91409fb05bc14
There's hope But that doesn't necessarily mean failure. There's still a lot to look forward to. Post spin-off, Phillips 66 will become the country's second largest independent refiner, with a working interest in 12 refineries. Out of these, six are located in the Mid-Continental region and the Gulf coast. Refineries in these regions have the advantage of being located close to the delivery point of WTI crude oil in Cushing, Okla. These refineries could obtain the cheaper WTI blend as compared with the more expensive Brent crude, the international benchmark. Refiners such as HollyFrontier ( NYS: HFC ) and Western Refining ( NYS: WNR ) has taken advantage of the situation in the past 12 months -- particularly at HollyFrontier, which saw operational earnings skyrocket. Conoco's Chemicals segment, CPChem, has been looking promising as well. While this segment currently represents just 2% of the total assets of the integrated giant, the future looks good.
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www.aol.com
https://www.aol.com/2012/04/05/this-new-refining-stock-could-be-a-winner
Osborne Clarke successfully acted for Dialight on the deal.Dialight plc, a London-listed manufacturing company that develops and supplies industrial LED lighting solutions, has renegotiated its LED…
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globallegalchronicle.com
https://globallegalchronicle.com/dialight-plcs-led-patent-licence-agreement-with-signify
Culp took a $23 billion non-cash write-off on GE Power upon becoming CEO. Flannery was preparing to spin off GE Health and sell GE's majority stake in energy equipment provider Baker Hughes (NYSE: BHGE ).
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investorplace.com
https://investorplace.com/2018/10/ignore-ge-earnings-but-consider-making-a-long-term-bet-on-ge-stock
It has sold its coking-coal and nickel businesses and is on track to spin off most of its controlling holding in Anglo American Platinum by June, the company said. It also plans to either sell or hold an initial public offering for its De Beers unit, the world's biggest diamond company.
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www.moneyweb.co.za
https://www.moneyweb.co.za/mineweb/anglo-american-plans-fresh-job-cuts-as-part-of-restructuring
Bharti Airtel is set for a block deal on Friday, where the promoter entity, Singapore-based Pastel, will offload approximately 0.8% (47.6 million shares) of its stake, according to a term sheet available with FE. Pastel is an indirect wholly owned subsidiary of Singapore Telecommunications (SingTel).
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www.financialexpress.com
https://www.financialexpress.com/business/industry-singtel-to-sell-47-6-mn-airtel-shares-in-rs-8568-crore-block-deal-3846435
PORTLAND, Ore., Dec. 30, 2019 (GLOBE NEWSWIRE) -- Northwest Natural Gas Company, dba NW Natural, a wholly owned subsidiary of Northwest Natural Holding Company (NYSE: NWN), today filed for a general rate increase with the Public Utility Commission of Oregon (OPUC). The filing would result in a net revenue increase of $71.4 million to recover costs associated with investments to strengthen and reinforce the natural gas system, provide necessary system maintenance and operational resiliency, and technology upgrades. If approved as filed, the typical residential customer using 53 therms per month would see an average monthly bill increase of about $6.43. A commercial customer using 242 therms a month would see an average monthly bill increase of about $25.40. "The proposed rate adjustment is necessary to align customer rates with the cost of providing reliable, safe and efficient service," said David H. Anderson, president and CEO of NW Natural.
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markets.businessinsider.com
https://markets.businessinsider.com/news/stocks/nw-natural-files-oregon-general-rate-case-1028788854
LED Solution As part of a citywide Climate Action Program to reduce energy consumption and to resolve its lighting challenges, the facility experimented with several LED lighting solutions, including one from Dialight. Impressed with the way the Dialight fixture outperformed the others, the facility ultimately chose Dialight to replace 82 fixtures in its solids dewatering building, pre-aeration and trickling filters with the company 's DuroSite LED fixtures, including 33 Low Bays specially designed for areas of low clearance, and 49 High Bays—19 with 14,000 lumen output and 30 with 12,000 lumen output. The entire changeout took just five days—about 30 to 60 minutes per fixture. The 12/7 lighting was outfitted with a combination of photocells and timers, taking advantage of the Dialight LED's instant-on capabilities.
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www.wwdmag.com
https://www.wwdmag.com/shining-light-savings
He made his comments as the retail conglomerate defended its plan to spin off its Coles supermarket business, which shareholders will vote on Thursday afternoon, and its unusual decision to retain a 15 per cent stake in the new, separately listed company. Mr Chaney told shareholders at Wesfarmers' annual general meeting in Perth on Thursday that the company felt no pressure to buy new businesses to fill a perceived "earnings hole" after the $20 billion spin-off of Coles, its largest asset. He said the conglomerate had potential to grow its existing businesses including Bunnings, Officeworks, Kmart and Target, and its industrials arm.
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www.smh.com.au
https://www.smh.com.au/business/companies/unreasonable-demands-to-grow-profit-fuel-scandals-wesfarmers-chair-20181115-p50g83.html
PITTSBURGH, Feb. 24, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT ) (" EQT " and, collectively with its consolidated subsidiaries, the "Company") today announced that it has commenced offers to Eligible Holders (as defined below) to exchange (each, an "Exchange Offer" and collectively, the "Exchange Offers") any and all outstanding notes (the "Existing EQM Notes") issued by EQM Midstream Partners, LP ("EQM"), an indirect wholly owned subsidiary of EQT, for up to $4,541,839,000 aggregate principal amount of new notes issued by EQT (the "New Notes") and cash, as set forth in the table below.
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www.stocktitan.net
https://www.stocktitan.net/news/EQT/eqt-corporation-announces-exchange-offers-and-consent-solicitations-59puurrww1y7.html
At the beginning of April, Annaly Capital Management, Inc. (NYSE:NLY)'s executives asked investors to vote in favor of a "management externalization proposal," under which the job of managing the mortgage REIT would pass to a newly created entity known as Annaly Capital Management, Inc. (NYSE:NLY). Because the new entity would be wholly owned and staffed by Annaly's current executives, the proposed structure appeared on its face to be more clerical than anything else. That is, the individuals responsible for running the company wouldn't change; they'll just no longer be employed by Annaly directly, but rather by the independent management company. Thus, as opposed to paying executive salaries directly, Annaly Capital Management, Inc. (NYSE:NLY) would simply pay the management company the equivalent of 1.05% of its consolidated stockholders' equity. Why would Annaly do this?
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www.insidermonkey.com
https://www.insidermonkey.com/blog/annaly-capital-management-inc-nlys-bloodless-coup-160176
Index heavyweight Reliance Industries (RIL) rose 0.4% to Rs 822.60. The company's telecom arm -- Reliance Jio Infocomm -- and Bharti Airtel on Tuesday, 23 April 2013, signed an agreement for international data connectivity under which Bharti will provide Reliance Jio data capacity on its i2i submarine cable. i2i connects India to Singapore and is wholly owned by Bharti. Reliance Jio will utilize a dedicated fiber pair on i2i. The high speed link will enable Reliance Jio to extend its network and service reach to customers across Asia Pacific region.
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www.business-standard.com
https://www.business-standard.com/amp/article/news-cm/idea-cellular-jumps-almost-10-after-strong-q4-results-113042600123_1.html
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 5, 2012) - Lucara Diamond Corp. LUC LUC (NASDAQ OMX First North:LUC) is pleased to announce the recovery of a 9.46 carat rare Type II blue diamond from its wholly owned Karowe Mine in Botswana. The diamond, the first of its kind to be identified at Karowe, will be sold on tender at the upcoming sale of Karowe diamonds which will take place on November 26, 2012. At this sale, more than 57,000 carats of diamonds will be sold on tender, the fourth sale of Karowe diamonds this year. Mr. William Lamb, Lucara's President and CEO noted: "The recovery of such a rare stone is of great importance to the Karowe asset. We had previously identified a population of Type II diamonds at Karowe and the recovery of this rare blue diamond confirms the quality distribution of the diamonds being mined at Karowe."
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www.benzinga.com
http://www.benzinga.com/pressreleases/12/11/m3058483/lucara-recovers-rare-blue-diamond
Meanwhile, Sony, which owns more than 50% of the issued shares in Sony Financial Holdings Inc., believes at this time that retaining its equity stake in SFH will also enhance the corporate value of Sony.
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www.nasdaq.com
https://www.nasdaq.com/articles/sony-rejects-third-points-proposal-to-spin-off-semiconductor-business-2019-09-17
By Ron Bousso and Karolin Schaps LONDON (Reuters) - Royal Dutch Shell is to axe 6,500 jobs this year and step up spending cuts as it seeks to reassure investors it can withstand an extended period of lower oil prices, even through its planned $70 billion acquisition of BG Group. The Anglo-Dutch company also announced plans to raise $50 billion from asset sales between 2014 and 2018 after its second-quarter profit dropped by 37 percent. "Perhaps we left the impression that we will wait for the cavalry to arrive in the form of higher oil prices and that we were going to be lazy in terms of cost takeout," Chief Executive Officer Ben van Beurden said on Thursday. "But what we also said at the time (of the BG deal announcement), perhaps not skilfully enough and not loud enough, is judge us on what we do and that is what today's message is all about."
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finance.yahoo.com
https://finance.yahoo.com/news/shell-cuts-2015-capex-again-face-oil-downturn-061108517--finance.html
Cyril Amarchand Mangaldas advised ITC Limited on the acquisition of 100% stake in Meat and Spice Private Limited (MSPL) and Ample Food Private Limited (AFPL) (and its wholly owned subsidiary, Chao Chao Foods Private Limited).
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www.barandbench.com
https://www.barandbench.com/law-firms/dealstreet/cyril-amarchand-mangaldas-advises-itc-on-acquisition-of-meat-and-spice-private-limited-and-ample-food-private-limited
EQB Inc. (TSX: EQB and EQB.PR.C) is a leading digital financial services company with $123 billion in combined assets under management and administration (as at April 30, 2024 ). It offers banking services through Equitable Bank, a wholly owned subsidiary and Canada's seventh largest bank by assets, and wealth management through ACM Advisors, a majority owned subsidiary specializing in alternative assets. As Canada's Challenger Bank, Equitable Bank has a clear mission to drive change in Canadian banking to enrich people's lives. It leverages technology to deliver exceptional personal and commercial banking experiences and services to over 639,000 customers and more than six million credit union members through its businesses. Through its digital EQ Bank platform (eqbank.ca ), its customers have named it one of Canada's top banks on the Forbes World's Best Banks list since 2021.
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weeklyvoice.com
https://weeklyvoice.com/eqb-inc-to-issue-8-000-inaugural-limited-recourse-capital-notes
"The real problem for the Ocado investment thesis to us is one of visibility," Black said. "For some time this lack of clarity hindered the group's stock progress. "However, since the Kroger deal announcement, the market has decided that no visibility around the sequencing of revenues, EBITDA or capital expenditure, never mind returns, is fine and the group's eventual financial delivery is something that one can take on trust...That lack of visibility, we should add, is why we have given up attempting to forecast Ocado and today's outlook statement and guidance underscores our view; watch out for further house broker adjustments."
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www.proactiveinvestors.co.uk
https://www.proactiveinvestors.co.uk/companies/news/912625/ocado-s-annual-losses-grow-almost-fivefold-912625.html
All Impreza models utilize the proven advanced Subaru ring-shaped reinforcement frame body structure with front and rear crumple zones. Front seat side airbags and side curtain airbags are standard on all Subaru models. The Subaru Advanced Frontal Airbag System (SRS) features a passenger side front seat sensor module that detects seat occupancy and passenger weight to control airbag deployment. As part of the system, the dashboard features an airbag indicator light. There are 3-point seatbelts for all seating positions, including front height-adjustable seatbelts with electrically triggered pre-tensioners and force limiters. About Subaru Canada, Inc. Subaru Canada, Inc. is a wholly owned subsidiary of Fuji Heavy Industries Ltd. of Japan.
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www.newswire.ca
https://www.newswire.ca/news-releases/2013-subaru-impreza-wrx-sti-power-control-pure-performance-510546091.html
About a fortnight after Fidessa Group plc (LON:FDSA), a provider of trading, investment and information solutions to the financial services sector, said it had received approaches from two separate third parties whose offers for Fidessa were at a premium to the Temenos offer, the company has decided to recommend the offer made by ION Bidco, an indirect wholly owned subsidiary of ION Investment Group Limited. In a filing with the London Stock Exchange, the boards of ION and Fidessa today announce that they have reached an agreement on the terms of a recommended all cash offer pursuant to which ION Bidco shall offer to acquire the entire issued and to be issued ordinary share capital of Fidessa. Under the terms of the Offer, Fidessa Shareholders will be entitled to receive £38.703 in cash for each Fidessa Share.
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financefeeds.com
https://financefeeds.com/fidessa-recommends-acquisition-offer-ion
And, if we really want to get technical, its largest facility, the 850,000-square-foot joint venture capable of 70,000 kilos of yearly output, is only half-owned by Cronos, with the remainder owned by a group of investors. That means Cronos Group's wholly owned production is more like 82,500 kilos a year, which doesn't even make it a major grower.
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www.fool.com
https://www.fool.com/investing/2019/06/10/the-most-hated-pot-stock-received-a-rare-upgrade-b.aspx?source=iedfolrf0000001
SHENYANG, China, Feb. 8, 2013 /PRNewswire/ -- 3SBio Inc. (NASDAQ: SSRX ) ("3SBio" or the "Company"), a leading China -based biotechnology company focused on researching, developing, manufacturing and marketing biopharmaceutical products, today announced that it has entered into an agreement and plan of merger (the "Merger Agreement") with Decade Sunshine Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands ("Parent"), and Decade Sunshine Merger Sub, an exempted company with limited liability incorporated under the laws of the Cayman Islands and a direct wholly owned subsidiary of Parent ("Merger Sub").
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www.prnewswire.com
https://www.prnewswire.com/news-releases/3sbio-inc-enters-into-merger-agreement-for-going-private-transaction-190341951.html
The $3 billion IPO will open for subscriptions to large institutional investors on Oct. 14, with retail and other categories expected from Oct. 15 to 17, the sources said. Hyundai did not respond to Reuters' questions on the matter. Hyundai is India's second-largest carmaker after Maruti and is looking to claw back market share from domestic rivals by expanding its SUV range. The company also plans to launch its first electric vehicle made in India early next year and introduce at least two petrol-tuned models to the market starting in 2026, Reuters notes. Hyundai will not issue new shares in the IPO, which will involve its South Korean parent company. The latter is to sell up to 17.5% of its stake in the wholly owned division. The South Korean carmaker said on Tuesday that it will still hold 670 million shares in Hyundai Motor India, or an 82.5% stake, after the IPO. According to Bloomberg, Hyundai's offer is expected to be the largest ever in India.
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www.bursa.ro
https://www.bursa.ro/sources-hyundai-motor-indias-ipo-to-be-launched-next-week-42656357
Executives of DiamondRock Hospitality said the company's strategy over the next two years will focus on divesting noncore assets and renovating its existing hotel portfolio. DiamondRock's planned investment for renovations will amount to $140 million. Read the HotelNewsNow.com story here.
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ccr-mag.com
https://ccr-mag.com/diamondrock-will-focus-on-renovations-in-the-near-term
Dr. Reddy's Laboratories said that its wholly owned subsidiary Dr. Reddy's Laboratories SA has entered into a definitive agreement to acquire the U.S. generic prescription product portfolio of Australia-based Mayne Pharma Group.
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www.business-standard.com
https://www.business-standard.com/article/news-cm/dr-reddy-s-labs-to-acquire-us-generic-prescription-product-portfolio-of-mayne-pharma-123022700235_1.html
The moment some parents have been anxiously awaiting for months is almost here: The Covid-19 vaccine made by Pfizer ( PFE ) and BioNTech ( BNTX ) for children aged 5 to 11 will likely be authorized for use in the next week, after completing a four-step process that begins today, STAT explains. It is also a moment some parents have been dreading for months. And over the weekend, they made their concerns known to experts on the Food and Drug Administration's vaccines advisory committee, which meets today to review the evidence on the safety and efficacy of the vaccine for this age group, with an organized email campaign urging the panel not to recommend the shot.
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www.statnews.com
https://www.statnews.com/pharmalot/2021/10/26/covid19-vaccine-pfizer-fda-novartis-sandoz-mark-cuban
Vornado Realty Trust announced last week that its board of trustees has approved the spin-off of subsidiary Urban Edge Properties, its portfolio of shopping centers.The Paramus-based real estate investment trust said it will distribute all of Urban Edge's outstanding common shares to Vornado common shareholders and holders of common limited partnership units of Vornado Realty L.P. The distribution is expected to occur via pro rata special distribution on Jan. 15, 2015, Vornado said. Vornado common shareholders will receive one Urban Edge common share for every two Vornado shares held as of Jan. 7, 2015.
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njbiz.com
https://njbiz.com/vornado-to-spin-off-shopping-center-subsidiary-2/
Pennington (New Jersey) [US] / Ahmedabad (Gujarat) [India], August 30: Zydus Therapeutics, a wholly owned subsidiary of Zydus Lifesciences Ltd., a global innovation led healthcare company, today announced positive topline results from the pivotal EPICS-III Phase 2(b)/3 clinical trial. In this trial, the safety and efficacy of Saroglitazar, an investigational alpha/gamma Peroxisome Proliferator-Activated Receptor (PPAR) agonist, was evaluated for the treatment of adult patients with Primary Biliary Cholangitis (PBC) who had an inadequate response or intolerance to ursodeoxycholic acid (UDCA), the current standard-of-care.
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www.dailyprabhat.com
https://www.dailyprabhat.com/zydus-therapeutics-reports-positive-topline-results-from-epics-iii-phase-2b-3-trial-of-saroglitazar-magnesium-in-patients-with-primary-biliary-cholangitis
McQuown has a strong track record over eight years at Upwork, most recently as deputy general counsel leading the announced acquisition of Bubty and agreement to acquire Ascen by Upwork's new wholly owned Enterprise subsidiary. About Upwork Upwork is the world's human and AI-powered work marketplace that connects businesses with highly skilled, AI-enabled independent talent from across the globe. From Fortune 100 enterprises to entrepreneurs, companies rely on Upwork's trusted platform and its mindful AI companion, Uma™, to find and hire expert talent, leverage AI-powered work solutions, and drive business transformation.
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finance.yahoo.com
https://finance.yahoo.com/news/upwork-appoints-anthony-kappus-chief-130000316.html
Tata Motors announced that S & P Global Ratings has downgraded the credit rating of the Company and Jaguar Land Rover Automotive Plc, Wholly Owned Subsidiary. Tata Motors Issuer Credit Ratings - BB-/Negative Watch (Revised from BB due to weaker profitability at JLR) Senior Unsecured notes Ratings - BB-/Negative Watch (Revised from BB due to weaker profitability at JLR) Jaguar Land Rover Automotive Plc Issuer Credit Rating - BB-/Negative Watch (Revised from BB due to weaker profitability) Senior Unsecured notes Ratings - BB-/Negative Watch (Revised from BB due to weaker profitability) Powered by Capital Market - Live News
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www.business-standard.com
https://www.business-standard.com/amp/article/news-cm/s-p-global-ratings-downgrades-ratings-of-tata-motors-jlr-118120500198_1.html
See, I'm still befuddled by why anyone would buy MicroStrategy. Buying MSTR isn't hedging you against anything. It's not protecting you from the wild gyrations of the crypto market (obviously). And it's not like you're getting any real meaty business growth from the rest of MicroStrategy's offerings.
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banyanhill.com
https://banyanhill.com/kohls-nvidia-sec-lucid-dream
After the gross toll collection of the company hit a high at 39.25% to Rs 365.95 crore in November 2022, compared with Rs 262.81 crore reported in the same period of last year, then IRB Infrastructure Developers rose 2.6% to Rs 284.30. During October, the company's gross toll collection hit a high at 6.04% as compared to Rs 345.09 crore. On November 22, the wholly owned subsidiary of IRB Infra's gross toll collection was Rs 179.16 crore. The multinational infrastructure company is in the segment of the highway. In India, the integrated private toll roads and highways infrastructure developer has an asset base of over Rs 60,000 crore in ten states. The company's net profit hit a high of 101.63% to Rs 85.31 crore on an 8.35% fall in net sales to Rs 1342.95 crore in the second quarter of FY23 over the second quarter of FY22.
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www.equitypandit.com
https://www.equitypandit.com/irb-infra-rises-as-toll-collection-jumps-39-yoy-in-last-month
With Reliance Jio launching its Rs 303 plan and competitors such as Bharti Airtel responding with its Rs 345 plan, analysts expect other telecom service providers to follow the suit. This may tone down the Jio effect. This is also evident from the fact that the net profit of Airtel in Q4 2017 stood at Rs 373.4 crore (or Rs 0.93 a share) despite the fierce battle with Jio. Idea's loss also came down from Rs 385.6 crore in the last quarter of 2016 to 328 crore in March ended quarter 2017. Other operators too saw a decline in the loss percentage of the first quarter of this year in comparison with the last quarter of last year.
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newsd.in
https://newsd.in/indian-telecom-industry-ready-move-jios-shadow
The system, named Bad Piggy Bank (after its game's porcine villains), is available through the Google Inc. Android version of the game and is limited to customers of Elisa Oyj, a mobile operator based in Finland, American Banker reported. Rovio plans to expand the system's availability to other carriers next year, though it has not made public any plans to extend the system to other game developers. On Dec. 27, "Angry Birds" was the top paid app for Apple Inc.'s iPhone and the top free game on Android, where it is ad-supported. A spin off, "Angry Birds Seasons," ranked as the No. 8 paid app on iPhone and No. 4 on Android. On the iPhone, where Apple limits developers' options for in-app sales, Rovio added the ability to purchase a new "Angry Birds" character, the "Mighty Eagle," for 99 cents through Apple's iTunes store as of Dec. 23. This new character is meant to help game-players get through the game's more challenging levels.
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www.americanbanker.com
https://www.americanbanker.com/creditunions/news/latest-to-enter-payments-creators-of-angry-birds
Marathon Oil Corporation MRO and ConocoPhillips COP stocks are moving in opposite directions on Wednesday after they disclosed a definitive deal in which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion.
forward
www.benzinga.com
https://www.benzinga.com/markets/equities/24/05/39061149/conocophillips-acquires-marathon-oil-in-all-stock-deal-at-14-7-premium-details
TSX-V Symbol: MXR OTC BB Symbol: MXROF Frankfurt : M1D VANCOUVER, April 12 /PRNewswire/ - MAX Resource Corp. (TSXV: MXR) (OTCBB: MXROF ) (Frankfurt: M1D) has completed a six hole core drill program at the company's wholly owned Table Top gold project in Humboldt County, Nevada. Table Top is located 10 miles west of the town of Winnemucca, immediately south of the Sandman gold project, one of the Nevada properties included in the recent acquisition of Fronteer Gold Inc. by Newmont Mining Corp. Six diamond core holes were drilled at Table Top for a total of 497 metres.
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www.prnewswire.com
http://www.prnewswire.com/news-releases/max-completes-six-core-drill-holes-at-table-top-gold-project-in-nevada-drilling-to-begin-at-majuba-hill-coppersilver-project-in-april-119717974.html
As reported by GamesIndustry.biz the CWA is asking for an investigation because during the filings that followed the Microsoft deal announcement, Activision Blizzard filed papers saying, " to the knowledge of the company, there are no pending activities or proceedings of any labor union, trade union, works council or any similar labor organization to organize any employees of the company or any of its subsidiaries". Of course, Raven Software employees had been striking since December. Additionally, the company's filing to the SEC also stated that, "there are no legal proceedings pending or, to the knowledge of the company, threatened against the company or any of its subsidiaries or against any present or former officer or director of the company or any of its subsidiaries in such individuals capacity as such that would have a company material adverse effect". These statements, since Activision Blizzard faced a weeks-long Raven strike, and not just employee walkouts and dissatisfaction, including strike action, and potential unionization at one of the company's subsidiaries, but multiple investigations and legal actions that are still ongoing, have led the CWA to request a new investigation.
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www.mmorpg.com
https://www.mmorpg.com/news/activision-blizzards-sec-filings-on-microsoft-acquisition-misleading-so-cwa-requests-new-sec-investigation-2000124221
Tencent Holdings has secured the rights to build and publish Blue Protocol Mobile The much-hyped anime MMORPG Blue Protocol isn't even out on PC or Console yet, but that hasn't stopped Tencent getting in on the action. The Chinese gaming giant has just secured the right to make and release a mobile spin off of this title. Breaking overnight, the news doesn't mean that a handheld view of Regnas is imminent. News of what Tencent plans to do with the option isn't exactly clear yet, but it's unlikely to sit on its hands for this one. For the uninitiated, Blue Protocol is an anime inspired MMORPG that takes place in a world ravaged by technology and disasters. While the world saving scenario is pretty common for video games, the aesthetic and action combat draw on a formula that's been hugely successful in Japan already. The original release of the big screen PC version of Blue Protocol drew something around 600,000 players right away, with numbers fluctuating since the June 2023 launch.
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gamespace.com
https://gamespace.com/all-articles/news/tencent-are-making-blue-protocol-mobile
Cronos Group ( CRON -2.70% ) may have received a lot of buzz on Wall Street following its $1.8 billion equity investment from Altria, but the company's 120,000 kilos of peak annual output slide it behind some marijuana stocks with markedly lower market caps. The bulk of Cronos Group's production will derive from its 850,000-square-foot joint venture project (Cronos GrowCo) and wholly owned subsidiary, Peace Naturals. Expect Cronos to aggressively use its newfound cash pile to boost its cultivation capacity in the quarters that lie ahead.
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www.fool.com
https://www.fool.com/investing/2019/04/02/canadas-top-11-marijuana-growers-have-reshuffled-a.aspx?source=iedfolrf0000001
Fiat is evaluating bids for the unit after rejecting an initial offer by KKR's Calsonic Kansei, people familiar with the matter said on Sept 16. Mr Gorlier was one of Mr Marchionne's closest aides. He joined Fiat in 1989 as a market analyst for its Iveco truck maker and moved to the parent company in 2006. When Fiat agreed to take management control of Chrysler in 2009, Mr Gorlier was one of the few executives who moved from Turin to Detroit. In 2015 he was named head of Marelli and lead its turnaround as Fiat was preparing to spin off the unit. The Italian manager will face a number of challenges: maintaining profit in the region that typically underperforms others at Fiat Chrysler amid price competition and lower margins; complete the transformation from mass-car production to more profitable Alfa Romeos and Maseratis, and moving from diesel to hybrid and electric cars, including at two engine plants in Italy.
forward
www.businesstimes.com.sg
https://www.businesstimes.com.sg/transport/fiat-close-to-naming-its-new-europe-chief-sources
Piramal Enterprises announced that Piramal Capital & Housing Finance (PCHFL), wholly owned subsidiary of the Company had been declared as the Successful Resolution Applicant in relation to the Corporate Insolvency Resolution Process ('CIRP') of Dewan Housing Finance Corporation ('DHFL') under the Insolvency & Bankruptcy Code, 2016. PCHFL has discharged the consideration to the creditors of DHFL pursuant to the resolution plan. The total consideration paid by the Piramal Group of Rs 34,250 crore at the completion of the acquisition, includes an upfront cash component of Rs 14,700 crore and issuance of debt instruments of Rs 19,550 crore (10-year NCDs at 6.75% p.a. on a half-yearly basis). Powered by Capital Market - Live News
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www.business-standard.com
https://www.business-standard.com/article/news-cm/piramal-capital-housing-finance-acquires-dewan-housing-finance-corporation-121092900347_1.html
Bidco, a wholly owned subsidiary of Canadian insurer Intact Financial Corporation, and Danish insurer Tryg A/S have completed their acquisition of RSA, effective today.
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www.globalreinsurance.com
https://www.globalreinsurance.com/intact-and-tryg-complete-cash-acquisition-of-rsa/1437681.article
Rio Tinto is in the process of lifting its ownership stake in the Canadian miner to 42.3 percent and currently has the right to buy up to 49 percent of the company. Rio and Ivanhoe have a standstill agreement that expires in January 2012 that keeps the Anglo-Australian mining company from taking majority control of Ivanhoe. A spokesman for Ivanhoe declined to comment. Rio Tinto was not immediately able to comment. Ivanhoe opened the door to other buyers in July by terminating a clause in their agreement that restricted sales to other strategic investors.
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www.cnbc.com
https://www.cnbc.com/2010/12/08/ivanhoe-likely-to-put-itself-on-block-report.html
Toronto's Brookfield Properties Corp. last week said it plans to spin off its homebuilding arm, Orange County's sixth-largest homebuilder this year.
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www.ocbj.com
https://www.ocbj.com/news/brookfield-spinning-off-homebuilding-operation
In 2007, days after Britan's Cadbury Schweppes disclosed that Peltz had acquired nearly 3 percent of its equity, the confectioner announced plans to spin off its soft-drink business, creating Plano-based Dr Pepper Snapple Group.
forward
www.dallasnews.com
https://www.dallasnews.com/business/business/2013/03/22/activist-peltz-boosts-stake-in-frito-lays-parent-kraft-spin-off-report
By Samrhitha A and Aditya Soni (Reuters) -Western Digital said on Monday it would spin off its flash memory business that has been grappling with a supply glut after talks of merging the unit with Japan's Kioxia stalled. The split will leave the data storage products maker with its traditional hard-disk drive business and create two publicly traded firms, giving into demands from activist investor Elliott. Western Digital shares rose 10% on the news. Elliott said in a statement it supports the split. The move clears years of uncertainty over Western Digital's flash memory unit that was built through its $19 billion purchase of SanDisk in 2016 and caters to the smartphone and computer industries. Demand for flash chips has slumped after the pandemic, leaving the market awash in supply and increasing the pressure on chipmakers to consolidate.
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www.aol.com
https://www.aol.com/news/western-digital-separate-two-companies-120725342.html
Severstal ignited its "C" blast furnace in October after an extensive $324 million upgrade. The revamped furnace is projected to produce about 6,800 st/day of hot metal, or some 2.5 million st/year. Severstal NA is a wholly owned subsidiary of Russia's Severstal. The mill ships about 3.2 million st/year of flat-rolled steel.
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www.enr.com
https://www.enr.com/articles/32002-steelflation-grips-u-s-as-flat-rolled-prices-jump
OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) is pleased to announce the execution of a Sale and Purchase Agreement with Tasman Mining Limited, a wholly owned subsidiary of Federation Mining Inc. to acquire OceanaGold's interest in the Blackwater project in New Zealand. The execution of the SPA follows the receipt of formal notice from Tasman to exercise its exclusive option on Blackwater, which has been held under a Project Deed since July 2018.
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theprospectornews.com
https://theprospectornews.com/oceanagold-announces-sale-of-the-blackwater-project-for-us30m
Strike Energy Limited (ASX: STX) has commenced drilling the Walyering East-1 exploration well. This well is located in Exploration Permit EP447, which is wholly owned by Strike, positioned approximately 5 km northwest of the producing Walyering gas field.
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www.thecapitalclub.com.au
https://www.thecapitalclub.com.au/2024/12/04/strike-energy-limited-asxstx-initiates-walyering-east-drilling
3. Covidien plc (NYSE: COV ) This health care company boasts leading market positions across its product portfolio. Covidien operates three divisions — medical devices (which represents 68% of sales), pharmaceuticals (17% of sales), and medical supplies (15% of sales). The company will spin off its pharmaceutical business in mid-2013 and focus on the faster-growing, higher-margin medical device industry.
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www.insidermonkey.com
http://www.insidermonkey.com/blog/5-companies-slated-for-greatness-in-2013-and-beyond-qualcomm-inc-qcom-covidien-plc-cov-and-more-52114
The company's shares, ended 0.9 per cent higher at A$200 on Friday. Rightmove shares reversed their course after the deal announcement. The stock, which was earlier trading slightly in the green, traded 1.2 per cent lower at 657.2 pence
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www.businesstimes.com.sg
https://www.businesstimes.com.sg/companies-markets/reits-property/news-corp-owned-rea-sweetens-takeover-offer-uks-rightmove-us8-3-billion
AT&T announced Monday it will spin off WarnerMedia —including HBO and Warner Bros.—into a new company, less than three years after AT&T bought Time Warner for $108 billion.
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www.wired.com
https://www.wired.com/story/att-spinning-off-warnermedia-focus-on-telecoms-again
ABOUT SOUTHWEST AIRLINES CO. In its 42 nd year of service, Dallas-based Southwest Airlines (NYSE: LUV) continues to differentiate itself from other low-fare carriers by providing a reliable product with exemplary Customer Service. Including wholly owned subsidiary AirTran Airways, the Company now serves 97 destinations in 41 states, the District of Columbia, the Commonwealth of Puerto Rico, six near-international countries, and employs more than 46,000 People.
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www.cnbc.com
https://www.cnbc.com/2012/10/09/southwest-airlines-offers-40-percent-discount-on-roundtrip-fares-to-select-destinations-nationwide.html
BURLINGTON, N.C. and MIAMI, Sept. 15, 2025 /PRNewswire/ -- Labcorp (NYSE: LH ), a global leader of innovative and comprehensive laboratory services, and OPKO Health, Inc. (Nasdaq: OPK), a multinational biopharmaceutical and diagnostics company, announced today the completion of Labcorp's acquisition of select assets of BioReference Health, a wholly owned subsidiary of OPKO Health.
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marketwirenews.com
https://marketwirenews.com/news-releases/labcorp-completes-acquisition-of-select-assets-of-bi-7182295056713572.html
Pretty much every movie that came after Age of Ultron was impacted by its events and the subsequent Sokovia Accords, from Civil War breaking apart the Avengers to the introduction of characters like Black Panther. And, of course, the snap in Infinity War touched the movies that came after it. Even I, who questioned the weight of Thanos's snap given that it would inevitably be reversed, didn't give Marvel enough credit at the time, as I never should have expected a simple snap to undo all of the damage that came before.Given Disney's plans to spin off the MCU into a series of Disney+ streaming shows, plus the anticipated upcoming slate of feature films, it's easy to expect that everything Marvel does going forward will deal with the after-effects of the changes that the time travel in Endgame has caused: That's not even talking about the new movies we know are coming, including: And that's not even getting into the fact that Disney acquired Fox and now owns the rights to the X-Men and the Fantastic Four !
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www.ign.com
https://www.ign.com/articles/2019/05/05/avengers-endgame-phase-4-marvel-big-picture-time-travel
Mr Welch, who has at times been critical of his successor, told CNBC yesterday: "I like the package. It looks like a smart move and right for the changing financial landscape." Mr Immelt said the decision to shed GE Capital was "emotional" for the company's executives. "We love GE Capital, we grew up with it," he said. However, he added, since the financial crisis of 2007-09 he had made it clear he was open to cutting back GE Capital when the timing was right. GE now intends to dispose of businesses that account for about three-quarters of GE Capital's assets, in areas such as commercial lending for "middle market" companies. That process was accelerated yesterday with the sale of $26.5bn of property assets to private equity firm Blackstone and Wells Fargo. The only financial operations to be retained will be the leasing operations that are directly tied to GE's manufacturing businesses. Wall Street applauded the plan.
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www.aboutpharma.com
https://www.aboutpharma.com/rassegna-stampa/ge-to-shed-financial-services-arm-in-radical-return-to-industrial-roots
The split Speaking in an industry email, Sebastian said this was the best outcome for Activision shareholders, as it leaves the company independent and provides significant EPS accretion for investors. "We believe this is a more favorable outcome for Activision shareholders than the alternative "special dividend" or sale of Vivendi's shares to an alternative strategic buyer," he said. 'As part of the deal announcement, Activision also pre-announced better-than-expected Q2 revenue." Activision announced last night it will buy back 429 million of its shares from Vivendi for $5.83 billion ($13.60/share).
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www.vg247.com
https://www.vg247.com/activisions-independence-is-a-win-win-win-says-analyst-q2-decline-in-wow-subs
The announcement, while specifying few terms, ends weeks of speculation about Sony's plans for the PC business. Last week it was forced to deny that it was exploring a joint venture with China's Lenovo Group, which relieved International Business Machines ( IBM ) of its PC division in 2005 and which has in the past fortnight agreed to buy businesses from IBM and Google ( GOOGL ) worth more than $5 billion in total.
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www.thestreet.com
https://www.thestreet.com/story/12313924/1/sony-to-shed-pc-unit-amid-projected-11b-loss.html