As the valuations of Hutchison-Essar rocketing high in the sky, it is amazing to make out how a good deal of money these telecom ogres are going to pop out for each subscriber. In accordance with the newest valuation estimations by Goldman Sachs, the...
Archive - December 2006
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Shares of Apple computer are continuously facing a downfall after Federal investigation into the company's stock options brought the CEO of the company in limelight.
The shares of the company fell 5 percent on Wednesday before gaining some speed...
Raytheon Co. has recently announced that it will sell its aircraft business to the investment bank Goldman Sachs and Onex Partners, Canadian buy out firm for around $3.3 billion. Raytheon Company makes Hawker and Beechcraft business jets under its...
Vodafone Group is contemplating to consider a $13.5 billion offer for Hutchison Essar, India's fourth largest mobile phone operator. However, they have not reached to any decision yet over the issue. According to reports, Vodafone executives are...
In an effort to spearhead in the fast growing broadband and VoIP market, Ericsson has decided to acquire Reback, which has nearly 50 million broadband connections of major telephone carriers.
San Jose-based Redback Networks manufactures advanced...
In a path-breaking development in its global effort to restrict piracy of software, Microsoft has finally reached an agreement to settle a lawsuit with MPO Group, French Company. The company in question had allegedly involved in making and...
eBay Inc.'s expansion dream seems to be shattered as it contemplating to close it operations in China. And the San Jose based auction site is forging a deal with a Chinese company in the face of tough market where it was loosing its users...
AT&T Inc.'s $86 billion takeover deal with BellSouth Corp. ran into troubled waters as the Republican commissioner, Robert McDowell, announced to refrain from voting citing the ground of ethical standards. Robert McDowell said that ethics...
Westinghouse Inc. has recently inked a multi-billion-dollar deal with China to build four nuclear reactors for it. The deal has been picked up by the company within three months after its acquisition by the Japanese firm Toshiba Inc. from British...
Japan Tobacco Inc. has disclosed that it has approved to buy British cigarette maker Gallaher Group plc. For 7.5 billion pounds in cash. If the deal sails through it would mark the biggest ever foreign acquisition by a Japanese company. The...
Alan Mullaly, the former Boeing executive and CEO of Ford Motor Company announced a shake of its top level management to significantly increase the number of executives reporting to him. The decision has been taken with a view to streamline vehicle...
Shares of BAE Systems shot by eight percent on Friday after Serious Fraud Office dropped a two-year case probing past defence deals with Saudi Arabia. The investigation of multi-billion-pound defence deal was immediately stalled after the U.K....
Software Giant Microsoft is under threat from the Search Engine Giant Google. Google has recently acquired YouTube and they are also considering acquiring ThinkFree Online.
ThinkFree Online is a well built Suite of Office like applications. The...
Time Warner Inc.'s AOL continuing its bid to restructure the online unit's business model layoff around 450 workers at the Dulles headquarters. AOL has not kept it secret anyway that it has plans to layoffs around 5000 workers to reduce...
Google Inc. continuing its innovative business policies has decided to offer its employees to sell their stock options online. The search engine giant has planned to create an online auction for its 9,000 employees. Clearly this move will...
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