Go Symbol Lookup
Loading...

Industrial Conglomerates

More

  • Change for Israel as public wrath targets tycoons Friday, 10 May 2013 | 7:31 AM ET

    JERUSALEM, May 10- He was once celebrated for his vast fortune and daring deals, but when Israeli tycoon Nochi Dankner was about to catch a break from the bank on his massive debts, public outrage kicked in.

  • TOKYO, May 10- Hitachi Ltd forecast an 18.5 percent jump in operating profit for this fiscal year, in line with expectations, as the electronics conglomerate reaps the benefits of a weaker yen while projecting a pickup in economic recovery both at home and abroad.

  • HONG KONG, May 9- Hong Kong shares were set to start higher on Thursday, with steel conglomerate Citic Pacific rising 1.6 percent to be the top percentage gainer among Hang Seng Index components. The Hang Seng Index was set to open up 0.5 percent at 23,353.68.

  • *Push for tax holiday meets opposition in Congress. NEW YORK, May 8- Large U.S. companies boosted their offshore earnings by 15 percent last year to a record $1.9 trillion, avoiding hefty tax bills by keeping the profits abroad, according to a new report.

  • *Copper imports to India rising- adviser. NEW DELHI, May 8- India's biggest copper smelter will stay shut until at least May 14 when a court will review an environmental case again, prolonging a six-week shutdown which is squeezing local supplies and boosting copper concentrate processing fees in Asia.

  • *Established drug products in focus at Pfizer, GSK, Sanofi. Bankers speaking at the Reuters Health Summit said the success of transactions such as Pfizer Inc's divestitures of noncore assets and Abbott Laboratories splitting off its innovative drugs into AbbVie Inc had fuelled a wider rethink across the industry.

  • OMAHA, Neb., May 5- Short-seller Douglas Kass, Warren Buffett's handpicked bear, raised a concern on the minds of many shareholders at the " Woodstock for capitalists" this weekend: Has Berkshire Hathaway Inc become so big that it will find it hard to grow?

  • Buffett devotees stick by him even as growth slows Sunday, 5 May 2013 | 12:38 AM ET

    OMAHA, Neb., May 5- Short-seller Douglas Kass, Warren Buffett's handpicked bear, raised a concern on the minds of many shareholders at the " Woodstock for capitalists" this weekend: Has Berkshire Hathaway Inc become so big that it will find it hard to grow?

  • *Annual meeting opens with Buffett-Bon Jovi duet. OMAHA, Neb., May 4- Warren Buffett on Saturday gave the most extensive comments to date about the future of Berkshire Hathaway Inc after he is gone, saying he still expects the conglomerate to be a partner of choice for distressed companies.

  • OMAHA, Neb., May 4- More than 35,000 people descended on Omaha, Nebraska, on Saturday for the annual shareholder meeting of Warren Buffett's ice cream-to-insurance conglomerate, Berkshire Hathaway Inc. Following are selected comments by Buffett, Vice Chairman Charlie Munger and other Berkshire executives on a broad range of topics:.

  • *Annual meeting opens with Buffett-Bon Jovi duet. OMAHA, Neb., May 4- Warren Buffett and the board of his conglomerate Berkshire Hathaway Inc are "solidly in agreement" on who should be the company's next chief executive, he said at Berkshire's annual shareholder meeting on Saturday.

  • *Annual meeting opens with Buffett-Bon Jovi duet. OMAHA, Neb., May 4- Warren Buffett and the board of his conglomerate Berkshire Hathaway Inc are "solidly in agreement" on who should be the company's next chief executive, he said at Berkshire's annual shareholder meeting on Saturday.

  • OMAHA, Neb., May 4- Warren Buffett and the board of his conglomerate Berkshire Hathaway Inc are "solidly in agreement" on who should be the company's next chief executive, he said at Berkshire's annual shareholder meeting on Saturday. "The key is preserving a culture and having a successor, a CEO that will have more brains, more energy, more passion for it than even I have...

  • WASHINGTON, May 3- General Electric Co has won U.S. antitrust approval to buy oilfield pump maker Lufkin Industries Inc, a $2.98 billion deal that will allow GE to sharply increase its presence in the fast-growing market to extract oil and natural gas from shale.

  • LIMA, May 1- Brazilian conglomerate Odebrecht plans to invest $20 billion globally over the next three years, mostly in Latin America and much of it in Peru, the company's chief executive said on Wednesday. Chief Executive Marcelo Odebrecht said about 85 percent of overall investments would be made in Latin America.

  • *Time Warner, Comcast, Viacom all top Wall St estimates. May 1- Some of the biggest U.S. media conglomerates beat earnings expectations on Wednesday, though Time Warner Inc, Viacom Inc and Comcast Corp all showed signs of being susceptible to swings in TV advertising revenue.

  • DUBAI, May 1- The Dubai builder of the world's highest tower, the Burj Khalifa, hinted it might develop an even taller skyscraper and two conglomerates outlined grandiose real estate plans, underscoring recovery in the emirate's bombed-out property sector.

  • With investors lured back by the recent drop in prices and sentiment lifted by robust earnings from manufacturing giant and global conglomerate General Electric, futures prices pointed to Wall Street breaking its two-day run of falls.

  • April 19- General Electric Co reported a first-quarter profit in line with Wall Street's expectations on Friday, as the conglomerate sold more jet engines and shed its stake in NBC Universal.

  • Revenue up slightly to $35 billion, beats Street. April 19- General Electric Co warned of slowing profit growth in its industrial businesses due to weakness in Europe and sliding turbine sales, unnerving Wall Street and pushing its stock down in morning trading. But he said he still expects overall earnings, which include GE Capital, to improve this year.

Most Popular Video

Tuesday, 18 Jun 2013 | 7:10 AM ET

An airline passenger records a Chinese cargo handler as he tosses boxes of something on to and off of a conveyor belt for shipment. Hopefully, the cargo was packed well.

Tuesday, 18 Jun 2013 | 9:33 AM ET

Plans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.

Tuesday, 18 Jun 2013 | 12:47 PM ET

Supply shortages and rising rates are positive for the real estate market, Colony Capital CEO Tom Barrack says.