CAIRO, Dec 24- Kellogg Co, the world's largest maker of breakfast cereals, raised its bid for Egyptian snack maker Bisco Misr on Wednesday, topping a rival offer from UAE's Abraaj in an intensifying $144 million takeover battle. Kellogg's latest bid, for 89.86 Egyptian pounds per share, came on the heels of an offer earlier in the day by Abraaj Asset Management for...» Read More
The memory of its failed 2005 bid for Unocal still fresh, China's state-controlled CNOOC Ltd. has put lessons learned into practice and "networked strongly" with regulators in Canada and the U.S., smoothing the way for its $15.1 billion all-cash deal to buy Canadian oil producer Nexen Inc.
CNBC's David Faber reports the latest details on GlaxoSmithKline's takeover bid for Human Genome Science.
CNBC's David Faber reports Dennis Woodside is taking over as CEO of Motorola Mobility as Google acquires the company.
CNBC's David Faber reports Eaton Corporation is buying Cooper Industries in a transaction valued at $11.8 billion.
Will Facebook's shares trade below its IPO price of $38? Darren Chervitz, Jacob Internet Fund research director, and Dick Grasso, former NYSE chairman & CEO, weigh in the future of the social networking company and discuss Yahoo's impending deal with Alibaba.
Liberty Media's John Malone is making an effort to take control of Sirius XM Radio, and the company's boss Mel Karmazin is trying to prevent it. CNBC's David Faber reports on the details.
Was Facebook's board all but left out of the picture in the company's acquisition of Instagram? Spencer Ante, WSJ deputy bureau chief, weighs in on the $1B deal.
Shares of Wells Fargo are down 2 percent today, despite a better than expected earnings report. Timothy Sloan, Wells Fargo CFO, discusses the state of the U.S. economy and the housing market.
Mad Money host Jim Cramer weighs in on Facebook buying photo sharing company, Instagram for $1B, and whether investors should ignore tech stocks or take advantage of the gains.
John Lagerling, Google Android Global Partnerships director, breaks down the competition in the smartphone market and the Fast Money crew weigh in on Facebook's $1billion acquisition of photo sharing network, Instagram.
CNBC's Julia Boorstin has details on Facebook's $1billion cash and stock acquisition of photo-sharing app, Instagram.
Carl Icahn, Icahn Enterprises chairman, discusses his tender offer for CVR Energy, and now holds 69% of the company's shares. Icahn also weighs in on whether Amylin Pharma should be sold, and reveals his thoughts on RIMM, with the Fast Money traders.
"This company reported a $15 million operating profit and it has now moved to a $15 million operating loss," says Dennis Berman, The Wall Street Journal, who discusses what Groupon has to do in order to restore its credibility and build confidence with Wall Street investors.
Michael Kneeland, United Rentals president & CEO, discusses how the downturn in the economy is benefiting his company because large construction firms are renting tools and equipment instead of buying them.
A Chinese sovereign wealth fund is poised to buy a stake in the water network that serves London, in what would be the fund’s first acquisition in the UK following investment talks with British politicians. The Financial Times reports.
Billionaire investor Carl Icahn discusses why he has taken his takeover bid directly to CMC shareholders, and the difference between this bid and his takeover attempt of Clorox. Icahn also weighs in on a possible Navistar/Oshkosh merger, the presidential election, and the U.S. economy.
Best Buy is shaking things up today, acquiring its British partner's stake of their US mobile phone joint venture for $1.3 billion, with Chris Horvers, J.P. Morgan, and John Carney, CNBC.com.
CNBC's Jon Fortt reports Alibaba CEO, Jack Ma is "very interested" in buying Yahoo.
Discussing the brouhaha at Yahoo and other stocks to watch, with CNBC's Herb Greenberg.
Sallie Krawcheck, who stepped down Tuesday night from her position running Bank of America's two wealth management units, was seen as an outsider at the firm, with few ties to any of the powerful cliques within the bank.