The restructuring effort is likely to result in increased competition with Boeing as well boosting the efficiency across its global supply chain. Following a recent merger of Airbus’ parents and its dominant plane manufacturing arm, on Monday, the company has… Read More ›
The uncertainty surrounding Britain, especially after the outcome of its June 8 snap elections, is taking a toll on the health of its economy. As per a board member for sales at BMW, the carmaker will take a decision as… Read More ›
With this bold move, Dropbox is testing the U.S. primary market which of late has seen a lull. Its IPO will be the biggest, from the tech sector, following Snap Inc’s IPO earlier this year. Sources familiar with the matter… Read More ›
The new SEC chairman has allowed companies to file confidentially prior to their IPOs. The rule will apply to even those companies who have yet to make their first year into the public reporting system. In a development that is… Read More ›
While Nike has managed to rein in costs, its sales have exceed analysts’ expectation. Nike, the world’s largest footwear manufacturer has disclosed, it would be launching a pilot program with Amazon.com to sell a limited assortments of its wares on… Read More ›
China needs to recognize that its gamble to help North Korea’s nuclear and missile programs in contrast to world opinion will have consequences and this U.S Administration will not shy away from taking punitive action. The Donald Trump Administration is… Read More ›
With this development, Buffet has nearly tripled the return of investments he made 6 years ago. In a significant development, Warren Buffett’s Berkshire Hathaway Inc, is on the verge of becoming the largest shareholder of Bank of America Corp. On… Read More ›
The deal underscores Sycamore’s strategic discerning ability to pick up a healthy company from a basket of bankrupt-laden ones. On Wednesday, Sycamore Partners stated it would go ahead and acquire U.S. office supplies chain, Staples Inc for a cool $6.9… Read More ›
Spectranetics specializes in cleaning up clogged arteries and veins. Dutch medical equipment manufacturer, Philips, has disclosed it will be acquiring U.S.-based Spectranetics Corp for $2.16 billion (1.9 billion euros), including debt. Spectranetics uses innovative techniques including, tiny drug-covered balloons and… Read More ›
The U.S. No. 2 oil producer is looking to fill a gap in its artificial lift business. According to sources familiar with the matter at hand, U.S. oil giant Halliburton Co is said to be in the midst of advanced… Read More ›
manageria.biz 