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News Daily – United States

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Forbes – United States

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RTT News – United States

Twitter Shares Jump On Report Company Moving Closer To Sale

Shares of Twitter Inc. (TWTR) after gaining more than 14 percent in Friday’s regular trading session after CNBC reported that the microblogging website is close to receiving a formal takeover bid.

Posted on 23 September 2016 @ 2:01 pm

Johnson & Johnson To Acquire Abbott’s Vision Care Business For $4.33 Bln

Johnson & Johnson (JNJ) announced a definitive agreement to acquire Abbott Medical Optics, a subsidiary of Abbott Laboratories, for $4.325 billion in cash. Abbott Medical Optics is a global leader in ophthalmic surgery and is known for world-class intraocular lenses used in cataract surgery. The acquisition will include ophthalmic products in three business segments: cataract surgery, laser refractive surgery and consumer eye health.

Posted on 17 September 2016 @ 3:17 am

Manchester United Posts Narrower Loss In Q4, Revenue Up 27.1%; Issues Outlook

Manchester United (MANU), one of the most popular sports teams in the world, reported a fourth-quarter loss of 0.9 million pounds compared to a loss of 6.9 million pounds, previous year. Basic loss per share was 0.58 pence compared to a loss of 4.22 pence per share. Adjusted EBITDA rose 53.1% to 49.3 million pounds. Adjusted profit for the period increased to 8.7 million pounds from 1.4 million pounds. Adjusted basic earnings per share was 5.31 pence compared to 0.85 pence.

Posted on 12 September 2016 @ 11:36 am

Agrium And PotashCorp To Merge

Agrium Inc. (AGU.TO, AGU) and Potash Corporation of Saskatchewan Inc. (POT.TO, POT) announced they have agreed to combine in a merger of equals. Following the close of the transaction, PotashCorp shareholders will own approximately 52 percent of the new company, and Agrium shareholders will own approximately 48 percent on a fully diluted basis. Upon closing of the deal, Jochen Tilk will serve as Executive Chairman, Chuck Magro will serve as CEO, and Wayne Brownlee will serve as CFO.

Posted on 12 September 2016 @ 10:36 am

Auto Motor Und Sport: Formula One Sale To Liberty Media Likely Next Week

The sale of Formula One to Liberty Media Corp. (LMCA) could take place next week, German trade magazine Auto Motor und Sport reported Saturday.

Posted on 4 September 2016 @ 5:33 am

NHC: Hermine Expected To Intensify To Hurricane Strength Sunday

The National Hurricane Center warned on Saturday that a dangerous storm surge is expected along the coast from Virginia to New Jersey from Tropical Storm Hermine. The cyclone is expected to intensify to hurricane force Sunday.

Posted on 4 September 2016 @ 3:39 am

Wal-Mart Unveils Top Toy List, Launches Layaway Program

Wal-Mart Stores Inc. (WMT) on Thursday unveiled its annual top toy list for the holidays and announced the launch of its layaway program on Friday, September 2.

Posted on 1 September 2016 @ 3:04 pm

Deutsche Welle – Germany

Could e-residency offer a way around Brexit?

Could Estonia’s e-residency program offer a way out of Britain’s Brexit bind? Kaspar Korjus, director of the country’s program thinks that digital nomadism could be the way forward for Britons and British companies.

Posted on 24 September 2016 @ 4:57 am

Easyjet eying Germany’s TUIfly

British no-frills airline Easyjet is interested in taking over German carrier TUIfly, a subsidiary of tour operator TUI. Such an acquisition would enable the UK carrier to keep flying freely in the EU after Brexit.

Posted on 23 September 2016 @ 3:53 pm

Germany’s Commerzbank facing massive job cuts

Media reports have suggested that Germany’s Commerzbank will have to slash thousands of additional jobs to make the lender more profitable again. The cuts will be part of a larger restructuring drive.

Posted on 23 September 2016 @ 2:19 pm

‘Rogue trader’ Kerviel must pay damages of 1 million euros

A French court has told Jerome Kerviel to pay 1 million euros to his former employer Societe Generale for losses he incurred through equity derivative trades. Kerviel has said he will fight against the ruling.

Posted on 23 September 2016 @ 1:36 pm

Eurozone business activity sliding again

Companies across the 19-nation eurozone are again investing less in their business, sending a relevant indicator for September growth to a 20-month low and increasing pressure for governments to halt the slide.

Posted on 23 September 2016 @ 10:23 am

As CETA rises, TTIP falls

At a meeting of EU trade ministers, Austria and France pushed for an end to the current round of TTIP free trade negotiations between the US and the EU. This as a similar deal with Canada took a step closer to approval.

Posted on 23 September 2016 @ 8:25 am

WTO compliance panel sides with Boeing in Airbus spat

A compliance panel of the World Trade Organization (WTO) has found European plane maker Airbus has kept receiving illegal subsidies from some EU member countries. The funding dealt a blow to US rival Boeing.

Posted on 22 September 2016 @ 3:29 pm

The Jerusalem Post – Israel

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Yahoo – United States

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