Stock News

Twitter Inc.’s share price up, reveals Gnip Inc. was acquired for $134.1 million, hints e-commerce ambitions

Twitter Inc. revealed in a regulatory filing that it paid $134.1 million in May to acquire the social data provider Gnip Inc.. According to the filing, the San-Francisco based company paid $107.3 million in cash, while the rest of the price was paid in stock. The acquisition of Gnip Inc. managed to provide Twitter Inc. […] Read more

Intel Corp.’s share price up, new chip set for year’s end holiday debut

Intel Corp. shares climbed during late and afterhours trade yesterday, after the largest chip manufacturer in the world said in a briefing that its new chip will be in mobile devices on shelves by years end holidays. The Santa Clara-based company also provided some information about its latest manufacturing technology advances, which has been delayed […] Read more

General Motors Co.’s share price up, its China joint venture contacted by antitrust regulator

General Motors Co., the worlds third-largest auto manufacturer by sales, revealed that its passenger-vehicle joint venture located in China was contacted by the antitrust regulator in the country. This happened while an industry investigation is being carried out against no less than seven foreign car manufacturers that were forced to reduce prices of spare parts, […] Read more

Liberty Global Plc’ share price up, remains open for acquisitions despite high net debt levels

Liberty Global Plc, has become one of the most eager European companies that look forward for more acquisitions, by striking takeover deals for about $40 billion since February last year, according to data from Dealogic. Some people familiar with the matter, said that the company is looking forward for making more acquisitions in the video […] Read more

Balfour Beatty Plc’ share price up, rejects the renewed merger bid of Carillion Plc

Balfour Beatty Plc made an official statement today, announcing that it rejected a renewed merger bid from Carillion Plc. If finalized, the deal would have created the largest builder on the territory of the U.K., with a market cap of about 3 billion pounds ($5 billion). This was the second merger proposal made by Carillion, […] Read more

Amazon.com Inc.’s share price up, continues its pricing battle with Hachette Book Group

The dispute between Amazon.com Inc., the biggest online retailer in the world, and Hachette Book Group is becoming fiercer than ever. Amazon.com Inc. has been blamed by Hachette that it is motivated by profits and market share at the expense of authors and bookstores. The Chief Executive Officer of Hachette Book Group – Mr. Michael […] Read more

Blackstone Group LP’s share price up, in talks with Shell over a $1.2bn shale gas acquisition

According to a person with knowledge of the process, Blackstone Group LP is in advanced negotiations with Royal Dutch Shell Plc over the acquisition of the latters 50% stake in a shale-gas field located in Louisiana. The unnamed source revealed that the discussed price is about $1.2 billion. The talks are still continuing, and the […] Read more

Kinder Morgan Inc.’s share price up, to consolidate pipeline empire into one corporation in a $44-billion deal

Kinder Morgan Inc. revealed in a statement that it intends to acquire all of Kinder Morgan Energy Partners LP, El Paso Pipeline Partners LP and Kinder Morgan Management LLC in a series of transactions, valued at about $44 billion as billionaire owner Mr Kinder aims to consolidate the pipeline empire and boost its growth. The […] Read more