Industrial Conglomerates
featured
STOCKHOLM, May 23- Norway's Orkla, Danish brewer Royal Unibrew and private equity firm Nordic Capital have proceeded to the second round of bidding for Heineken's Finnish division Hartwall, three people familiar with the matter said.
» Read More
More
-
*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.
-
By Jonathan Stempel and Jennifer Ablan. OMAHA, Neb., May 4- Warren Buffett and the board of his conglomerate Berkshire Hathaway Inc. Speculation usually focuses on a small group of top Berkshire executives, among them insurance boss Ajit Jain and railroad leader Matt Rose.
-
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...
-
OMAHA, Neb., May 4- Warren Buffett and the board of his conglomerate Berkshire Hathaway Inc. "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...
-
OMAHA, May 4- Warren Buffett's conglomerate Berkshire Hathaway holds its annual meeting on Saturday in its hometown of Omaha, Nebraska.
-
OMAHA, Neb., May 4- More than 35,000 people descended on Omaha, Nebraska, on Saturday for the annual shareholder meeting of Warren Buffett's conglomerate Berkshire Hathaway Inc. Following are selected comments by Buffett, Vice Chairman Charlie Munger and other Berkshire executives on a broad range of topics:.
-
OMAHA, Neb., May 4- Warren Buffett's conglomerate Berkshire Hathaway is holding its annual meeting on Saturday in its hometown of Omaha, Nebraska.
-
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.
-
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.
-
LAGOS, May 3- Nigeria local bourse index rose by almost two percent on Friday to a level last seen in 2008, helped by gains in conglomerate, banking and cement stocks. By 1425 GMT The index was up 1.77 percent to hit 35,113 points, its highest since Nov. 28, 2008.
-
COLOMBO, May 3- Sri Lankan shares hit a 16- month closing high on Friday led by blue chips such as conglomerate John Keells Holdings, while retail investors bought select shares on expectations of a rate cut at the central bank's policy meeting next week, traders said.
-
Nigeria's index closed 1.76 percent higher at 35,109 points, its highest since Nov. 28, 2008. Shares of local conglomerate UACN rose the maximum 10 percent to hit 64.68 naira per share, a record high, Union Bank climbed 10 percent to 9.78 naira, while Dangote Cement gained 3.82 percent to a record high of 185 naira, breaking the previous day's record.
-
MUMBAI, May 3- India's stock market regulator has fined a unit of energy conglomerate Reliance Industries Ltd. The deals were financed through an interest-free loan by a wholly-owned unit of Reliance Industries, according to the order on the regulator's website. A Reliance Industries spokesman did not respond to telephone calls.
-
SEOUL, May 3- Seoul shares traded flat on Friday after falls in the previous session with sentiment boosted by the European Central Bank's cut in interest rates to an all-time low 0.5 percent, but dips in banks and shipbuilders weighed.
-
LAGOS, May 2- Nigerian local conglomerate UACN's. 2012 pre-tax profit rose by 53.6 percent to 10.74 billion naira, from 6.99 billion naira the previous year, the company said on Thursday.
-
Buffett- whose conglomerate Berkshire Hathaway was recently described as the least diverse big company in America- took to the pages of Fortune magazine to argue that not only was helping women do well in the workplace the ethical thing to do, it was also in a man's self-interest.
-
MUMBAI, May 2- Tata Capital, part of steel-to-software conglomerate Tata Group, has raised $600 million for a private equity fund to invest in India, in what could be one of the largest debuts by a private equity fund targeting India. Institutional investors from North America, Asia and the Middle East have invested in the fund, the company said.
-
0836 GMT- Egypt's large-cap Orascom Construction Industries. The settlement with the Egyptian Tax Authority should pave the way for OCI to go ahead with a plan for its Dutch-listed parent company to publicly tender for OCI shares listed on the Egyptian stock exchange, OCI said.
-
*Net profit 5.09 bln rupees vs 7.41 bln rupees estimate. NEW DELHI, May 2- Top Indian mobile carrier Bharti Airtel Ltd's subscriber growth and usage trends along with easing competition suggest the worst may be over for the industry, even as the firm recorded its thirteenth consecutive quarter of falling profits. Bharti, Vodafone Group Plc and Idea Cellular Ltd.
-
May 2- Three months ending March 31, 2013. NOTE: Bank of the Philippine Islands. is a unit of Philippine conglomerate Ayala Corp and partly owned by Singapore's DBS Group Holdings.