Author Archives

• Elliott Management stalled at its acquisition of Gigamon

  By admin1 on October 6, 2017 • ( 0 )

  

  Having acquired a stake of 15.4%, Elliott Management’s bid for Gigamon has currently stalled due to its offer price being below Gigamon’s currently traded share price of $43.55. As per sources familiar with the matter at hand, Elliott Management’s attempt… Read More ›

• Calm before the storm

  By admin1 on October 6, 2017 • ( 0 )

  

  As per a senior U.S. official, Trump is said to decertify the Iran nuclear deal in the near future. Emerging from a meeting with U.S. military leaders, U.S. President Donald Trump declared the moment as “the calm before the storm.”… Read More ›

• Peugeot SA to sell high-end SUVs in Brazil to lift its market share

  By admin1 on October 5, 2017 • ( 0 )

  

  French carmaker Peugeot aims to not only boost sales volumes but the company’s image as well in Brazil, one of the 5 priority markets for cars in the world. In a significant development that is aimed at improving French carmaker… Read More ›

• In a strategic shift, U.S. South Korea trade talks gain momentum

  By admin1 on October 5, 2017 • ( 0 )

  

  As per the U.S. Census Bureau, the trade deficit between the two nations have dropped significantly in June 2017. In a positive development that is likely to pave way for future trade talks, South Korea disclosed it was open to… Read More ›

• GM increases the fleet of its test self-driving cars from 30 to 100 in San Francisco

  By admin1 on October 5, 2017 • ( 0 )

  

  The development comes in the wake of a U.S. Senate panel approving the legislature for self-driving vehicles on U.S. roads. Cruise Automation, General Motors Co’s self-driving unit has disclosed that it has more than doubled the size of its test… Read More ›

• Uber Technologies almost out of the woods after adopting improved corporate governance and SoftBank deal

  By admin1 on October 4, 2017 • ( 0 )

  

  Although the measures adopted by Uber Technologies significantly shores up its corporate governance and reputation, it has however ticked off early Uber investors since it cuts off their super-voting rights which gives them 10 votes per share. This could potentially… Read More ›

• There is likely to be just 5 Airlines Group in Europe in the next five years: Ryanair CEO

  By admin1 on October 4, 2017 • ( 0 )

  

  With many European airlines filing for bankruptcy and given the demand for air travel, bigger airlines are set to reap in the benefits. Expect ticket prices to shoot up since fewer air seats will be available. With some of Europe’s… Read More ›

• Honda’s CEO to hold news conference today at 0630GMT

  By admin1 on October 4, 2017 • ( 0 )

  

  Honda Motor’s CEO will be holding a news conference at 3:30pm (0630 GMT / 0730 British time). On Wednesday, Honda Motor Co stated its CEO Takahiro Hachigo would be holding a news conference at 3:30 p.m. (0630 GMT / 0730… Read More ›

• Berkshire Hathaway Inc buys 38.6% stake in Pilot Flying J

  By admin1 on October 3, 2017 • ( 0 )

  

  Pilot Flying J is one of the largest truck stop operators in the U.S. On Tuesday, Warren Buffett’s Berkshire Hathaway Inc stated it is buying a 38.6% stake in Pilot Flying J, one of the largest truck stops operators in… Read More ›

• Tesla Motors’ Model 3 delayed by production bottlenecks

  By admin1 on October 3, 2017 • ( 0 )

  

  Tesla is expecting to ramp up its production to 1,500 Model 3 a week. After Tesla Motors’ announcement that its mass market Model 3 sedan was facing production bottlenecks, its shares slipped by 2% before the closing of the bell… Read More ›