Warner Chilcott Ltd, a specialty drug maker, is acquiring Procter & Gamble Co's prescription drug business for about $3 billion, a source familiar with the matter said on Sunday.
Warner Chilcott Ltd, a specialty drug maker, is acquiring Procter & Gamble Co prescription drug business for about $3 billion, the Wall Street Journal said on Sunday, citing unnamed sources.
U.S. auto dealers are asking the government to extend the deadline for submissions for its
Qwest Communications International Inc said it has eliminated tens of thousands of dollars of annual payments to cover expenses of its chief executive and other top officials.
German Chancellor Angela Merkel expressed her regret at General Motors' failure to choose a buyer for its German unit Opel, and said that a decision was urgently needed for the carmaker's future.
German Chancellor Angela Merkel expressed her regret at General Motors' failure to choose a buyer for its German unit Opel, and said that a decision was urgently needed for the carmaker's future.
AutoNation Inc, the largest U.S. chain of auto dealers, decided to end its cash for clunkers rebates as of Friday night, three days ahead of the government's Monday deadline, The Wall Street Journal reported.
German politicians reacted angrily on Saturday to the failure of carmaker General Motors to choose a buyer for its German unit Opel, prompting an appeal to the United States government to help broker a solution.
Carmaker General Motors should be able to agree on a buyer for its German unit Opel despite failing to make a decision on Friday, Germany's Economy Minister Karl-Theodor zu Guttenberg was quoted as saying on Saturday.
Unions seeking to represent more than 30,000 workers at Delta Air Lines Inc and its Northwest subsidiary could face an uphill battle in elections that could open the door for more collective bargaining and potentially higher labor costs.
General Motors Co said on Friday its board had not picked a winning bidder for Opel after convening to discuss the automaker's options, leaving the fate of its German unit still uncertain after months of high-stakes negotiations.
British utility Centrica won EU regulatory approval on Friday for its acquisition of North Sea gas company Venture Production, removing a barrier to some shareholders accepting the deal.
General Motors is leaning toward picking Canada's Magna International and its Russian partners -- Germany's favored suitors -- as preferred buyers for the Opel business in Europe, sources close to the matter said on Friday.
General Motors is leaning toward picking Canada's Magna International and its Russian partners -- Germany's favored suitors -- as preferred buyers for the Opel business in Europe, sources close to the matter said on Friday.
The Halstead Hospital and Hertzler Clinic had seen better days when Andrea Cavgalar got the listing in November 2005. Once the heart and soul of a quaint Kansas town, the medical facility had fallen on hard times and poor management had led to bankruptcy and massive job losses.
Women's clothing retailer AnnTaylor Stores Corp reported a higher-than-expected quarterly profit on Friday, helped by improved merchandise at its LOFT stores and cost cuts.
The extension of exclusive talks that could lead to a merger of India's Bharti Airtel and South Africa's MTN Group weakens the probability of the deal closing, UBS said in a research note.
Irish building materials group CRH is expected to post a steep drop in first-half earnings next week with investors eager for indications of a boost in the second half from U.S. government spending.
Canadian investment firm Sprott Resource Corp announced plans on Friday to buy back up to 6.25 million of its common shares, saying the stock price does not reflect the value of its assets and prospects.
Hong Kong-based private equity firm First Eastern Investment Group plans to invest in a Wall Street bank as part of a strategy to build its presence in every major global financial hub, its chairman Victor Chu said.
A family earning the nation's median income of $64,000 a year could afford to buy 72.3 percent of all homes sold in the United States during the second quarter of 2009, according to the National Association of Home Builders and Wells Fargo.
The sale prices of U.S. office properties rose 4.3 percent in the second quarter, the first increase since the second quarter of 2007, according to a report from ratings agency Moody's.
Banks are close to finalising South African telecom group MTN's 4.5 billion syndicated loan backing its proposed merger with Indian mobile phone company Bharti Airtel, bankers close to the deal said on Friday.
General Motors is moving closer to picking Germany's favored buyer, Magna International and its Russian partners, for its Opel business when GM's board meets on Friday, sources close to the matter said.
Caterpillar and Navistar International Corp are in talks with China's Jianghuai Automobile to set up a truck venture, a source said, as the firms become the latest foreign players to tap the market dominated by Chinese state auto groups.
The fate of Opel hangs in the balance as General Motors is poised to pick a buyer for the European carmaker after months of negotiations.
The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.
U.S.business software maker Salesforce.com Inc posted better-than-expected quarterly results and raised its outlook for the full year, sending its shares up 9 percent on Thursday.
Both athletic shoe retailer Foot Locker Inc and Hibbett Sports Inc , which sells athletic shoes in addition to other sporting goods, posted disappointing quarterly results as consumers searched for a reason to shop in a discretionary retail environment.
If earnings reports released on Thursday are a sign of business to come, U.S. apparel retailers will have to continue cutting costs and discounting as slumping sales persist.
