CVS Caremark and prescription drug distributor Cardinal Health are combining their buying power through a 10- year joint venture to purchase generic medicines. It could add 5 cents per share or more to CVS Caremark's annual earnings, said Gabelli Funds Portfolio Manager Jeff Jonas, who follows CVS Caremark.» Read More
*Verizon working with banks for $60 bln in financing- Bloomberg. LONDON, Aug 29- Vodafone Group PLC said on Thursday it was in talks with Verizon Communications Inc to sell its 45 percent stake in their U.S. joint venture Verizon Wireless for what a Bloomberg report said would be about $130 billion.
*Verizon working with banks for $60 bln in financing- Bloomberg. Aug 29- Verizon Communications Inc is in advanced talks to buy Vodafone Group Plc's 45 percent stake in their U.S. joint venture for about $130 billion, Bloomberg reported late on Wednesday, citing people with knowledge of the matter.
MOSCOW, Aug 14- Russian industrial and defence conglomerate Rostec is close to signing an agreement with Bombardier to assemble the Canadian plane maker's Q400 aircraft in Russia, Rostec said on Wednesday.
July 30- The Oprah Winfrey Network is making money four years after its debut, as stronger ratings and advertising growth helped turn around the joint venture with Discovery Communications Inc sooner than expected.
*Palm oil firms face stumbling blocks expanding into Papua. SINGAPORE, July 23- A planned venture between Wilmar International and Noble Group Ltd to develop palm plantations in Indonesia's Papua region has stalled just months after it was announced as it failed to win approval from authorities.
About a dozen states, led by Oklahoma's attorney general, will join the department's antitrust division in a review of the plan by ConAgra Foods Inc to join Horizon Milling, a joint venture of Cargill Inc. and CHS Inc..
*In 1.7 bln euro deal, Nokia to pay 1.2 bln euros in cash. HELSINKI, July 1- Nokia shares surged on Monday after it announced plans to buy out partner Siemans AG's share of their valuable network equipment joint venture, betting on the technology to run 4 G networks after it stumbled as a maker of smartphones.
*In 1.7 bln euro deal, Nokia to pay 1.2 bln euros in cash. *May put pressure on Nokia's balance sheet- analyst. HELSINKI, July 1- Nokia will pay $2.2 billion to buy out partner Siemens AG in their network equipment joint venture, a deal that is likely to bring some stability to the company after it stumbled in smartphones.
NEW YORK, June 23- PepsiCo Inc is now in the U.S. yogurt market, trying to grab a piece of one of the fastest-growing segments of packaged food. 1994- Formed a joint venture with Starbucks to sell bottled coffees. 1998- Bought Tropicana juice for $3.3 billion.
Tokyo stocks fell today as overnight remarks by Fed's Bernanke that quantitative easing may slow down later this year triggered selling. However, GS Yuasa shares shot up by nearly 6% following news that it will team up with Bosch and Mitsubishi Corporation in developing and selling lithium-ion batteries for electric cars.
Mitsui, Mitsubishi and Nippon Yusen reached a joint venture agreement with the U.S. firm Sempra Energy. The project, estimated to cost $10 billion, plans to produce 12 million tons of liquefied natural gas a year by 2017, or equivalent to 10% of annual Japanese demand. The Nikkei's Sachiko Kishida reports.
Major Vodafone investors said $100 billion was not enough for the British company's stake in its U.S. joint venture with Verizon Communications.
Nasdaq OMX Group said it will form a joint venture with SharesPost to establish a marketplace for private companies. The stock exchange operator will retain a majority stake in Nasdaq Private Market.
Avi Muchnick, Co-Founder & CEO of Aviary, discusses his company's two big partnerships with Twitter and Flickr.
CNBC's Phil LeBeau reports the latest details of the $360 million deal and what it means for Delta and air travelers in general.
Rock star and Cabo Wabo founder, Sammy Hagar talks about making money and music, with CNBC's Becky Quick.
The "Squawk on the Street" team report on the mornings market-moving stories, and what investors should be looking for, including the selloff in techs; Caterpillar's earnings and forecast; Microsoft's Windows 8 launch; and more.
Danaher Corp. and Cooper Industries said Wednesday that they will sell a tool-making business they created two years ago as a joint venture for about $1.6 billion to private equity firm Bain Capital.
CNBC's Gary Kaminsky shares some thoughts on the possible joint venture of Morgan Stanley and Smith Barney.
Discussing the global demand for coal, joint ventures in China, and future growth prospects for the world's largest private sector coal company, with Gregory Boyce, Peabody Energy chairman/CEO.