fbpx

Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Repsol share price down, agrees to acquire Canada’s Talisman

December 16, 2014 11:01 am
Repsol SA, the biggest energy company in Spain, reached a deal to purchase oil company Talisman Energy, in an attempt to boost its oil reserves and output. Under the agreement Repsol will acquire 100% of the Canadian company for $8.3 billion, or $8 per Talisman stock. The per-share price represents a 24% premium to the […] Read more

Johnson Matthey share price up, to sell its gold and silver refineries

December 15, 2014 3:45 pm
Johnson Matthey PLC is selling its gold and silver refineries for £118 million as the company shifts its attention to its core chemicals and technology operations. Japan’s Asahi Holdings will take control over the plants in Salt Lake City, USA and Brampton in Canada, which employ around 340 people. Those facilities melt down old jewelry, […] Read more

Uber Technologies Inc.’s UberPop car service to protect customers

December 15, 2014 3:28 pm
The UberPop car service of Uber Technologies Inc. is to be banned by France only three days after a bid to block the companys smartphone application was rejected by a Paris judge. The ban is to take effect on January 1st 2015. Currently the U.S.-based company has about 500 000 regular customers in France, and […] Read more

Recall share price up, rejects a takeover bid from Iron Mountain

December 15, 2014 1:44 pm
Recall Holdings Ltd rejected a takeover approach from rival information storage company Iron Mountain and said the bid was undervalued. This is the latest Iron Mountain attempt at an acquisition, as both companies have been looking for opportunities to buy smaller rivals through the past year. Recalls board unanimously rejected the A$2.2 billion bid as […] Read more

PetSmart share price down, agrees to sell itself to BC Partners

December 15, 2014 11:00 am
PetSmart Inc has agreed to be bought by a consortium led by Europes private equity firm BC Partners for $8.7 billion, in the largest leveraged buyout of the year. The consortium, including La Caisse de dépôt et placement du Québec and StepStone, will acquire PetSmart for $83 per share, or around 6.42% premium to the […] Read more

Volvo AB share price up, ditches auto shows glitz to focus on online marketing

December 15, 2014 10:45 am
Volvo AB is changing strategy to appeal more directly to buyers, particularly focusing on online marketing instead of depending on auto shows as before. According to an official statement, the car maker will be taking part in only one motor show per region as of 2015. Volvo also revealed that it intends to invest more […] Read more

Sony Corp.’s share price down, Sony Pictures Entertainment requests media organizations to stop unveiling materials from computer hack

December 15, 2014 9:22 am
Sony Pictures Entertainment issued a request that news organizations stop unveiling materials from a serious computer hack. Attorney David Boies wrote in a statement to news organizations that any information that has been stolen and illegally acquired should be destroyed by media companies. According to Mr. Boies, such companies will be held responsible for any […] Read more