The companies confirmed late on Sunday that they were discussing a takeover of Tim Hortons by Burger King.» Read More
The huge price tag for Facebook's acquisition of messaging service WhatsApp is hard to justify, but there is clearly value in the app's 450 million users, Blackstone told CNBC.
HONG KONG, March 7- China shares ended a jittery week with a whimper on Friday, with a slip by financial and property stocks as investors braced for a possible bond default by Chinese solar equipment producer Chaori Solar. The CSI300 of the largest Shanghai and Shenzhen A-share listings shed 0.2 percent on the day and 0.5 percent on the week.
TOKYO, March 7- Asian stocks rose on Friday, buoyed by Wall Street's gains the previous day, but investors remained cautious ahead of the U.S. nonfarm payrolls report later in the session.
March 6- Shares of Pixelworks Inc, which makes chips for digital display, rose 54 percent a day after the company revealed that Apple Inc is among its largest customers.
U.S.-listed fuel cell makers, already on a tear in recent months, have surged in value since Plug Power Inc announced a contract last week to supply Wal-Mart Stores Inc.
March 5- Canadian Solar Inc forecast weaker-than-expected revenue for the first quarter and blamed severe winter in North America for delays in construction of power plants, sending its shares down 10 percent.
NEW YORK, March 5- Exxon Mobil Corp, the world's largest publicly traded oil company, expects oil and natural gas production to be flat this year as overall spending falls 6 percent to about $39.8 billion. Shares of Exxon fell more than 2 percent to $94.52 in morning trading on the New York Stock Exchange.
March 4- Chinese solar company Trina Solar Ltd forecast an up to 47 percent jump in full-year panel shipments due to growing demand from both Japan and its home market, sending its shares up about 2 percent before the bell.
March 4- Autozone Inc, a U.S. auto parts retailer, reported a 9.4 percent increase in second-quarter profit as an unseasonably cold winter drove up sales. Net income rose to $192.8 million, or $5.63 cents per share, from $176.3 million, or $4.78 per share, a year earlier. Autozone shares were up 1 percent in premarket trading.
Dealmaking has kicked off again, with the level of mergers and acquisitions activity in 2014 almost at the pre-financial crisis levels of 2007.
Radio frequency chipmakers RF Micro Devices will buy peer TriQuint Semiconductor for about $1.6 billion in an all-stock deal to create a company that could better compete in selling chips to mobile-handset makers.
BlackBerry shares rose after investor Daniel Loeb's Third Point hedge fund disclosed it had bought 10 million shares in the smart phone maker.
Global miner Rio Tinto reported a 45 percent jump in second-half profit on Thursday, beating market forecasts.
Comcast Chairman and CEO Brian Roberts said he's confident the deal to acquire Time Warner Cable will be approved.
The CEO of French advertising agency Publicis has described the expected tie-up between Comcast and Time Warner Cable, as the "sensible" thing to do.
Networking helps people progress at work and companies that build partnerships also do better, according to INSEAD academics.
As Apple's annual meeting approaches, some big investors are fighting an increasingly public fight over what the company should do with its cash.
FCC's chairman his skepticism about a potential merger between Sprint Corp and T-Mobile US Inc in a meeting with Sprint.
Carl Icahn has been pushing Apple to use its $150 billion war chest to buy back company shares. Not every shareholder agrees.
Tesla Motors attempts to set itself apart from its rivals with a "fair" pricing of the Model S in China.