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  • Yelp needs help, and buyout may be the answer Wednesday, 29 Jul 2015 | 5:37 PM ET

    July 29- Selling itself could be one of the few options left for Yelp Inc, which is struggling to win advertising dollars in an increasingly crowded market that already includes Google Inc, TripAdvisor Inc and GrubHub Inc.. Yelp, owner of consumer review website Yelp.com, reported a second-quarter loss on Tuesday and forecast revenue for the current quarter...

  • FRANKFURT, July 23- German defence group Rheinmetall and French peer Thales are among several groups interested in a defence electronics business that plane maker Airbus is selling in an effort to streamline its operations, sources familiar with the transaction said. The two companies as well as U.S.-based Raytheon and a number of private equity groups...

  • July 23- Investment bank and asset manager Lazard Ltd reported a quarterly profit that handily beat analysts' estimate as a jump in corporate dealmaking boosted its M&A advisory fees. M&A and other advisory fees, which account for 45 percent of Lazard's operating revenue, rose 17 percent to $273.2 million in the second quarter ended June. Some of the big deals...

  • Qualcomm's shares fell about 1 percent to $63.50 in after-market trading on Wednesday. Hedge fund Jana Partners is pushing for Qualcomm to spin off its chip business from its highly profitable patent-licensing income. The chipmaker agreed with Jana to add two fund nominees to Qualcomm's board.

  • July 20- PayPal Holdings Inc shares jumped as much as 11 percent in their highly anticipated return to the Nasdaq after more than a decade in eBay Inc's fold, valuing the digital payment processor at about $52 billion. PayPal is a giant in the market it helped create- it processed 4 billion payments totaling about $235 billion in 2014. But the online payments...

  • July 20- Storied supermarket chain Great Atlantic& Pacific Tea Co Inc, better known as A&P, filed for Chapter 11 bankruptcy protection for the second time in five years and said it was in discussions with buyers for some of its stores. The company said was in talks with Acme Markets Inc, owner of Safeway and Albertsons grocery stores, Stop& Shop Supermarket Co LLC and...

  • *Unveils service in Mexico, Canada. July 9- T-Mobile US Inc said on Thursday that aggressive pricing helped boost its net customer additions in the second quarter by 41 percent over a year ago to 2.1 million, and also offered free calls to and from Mexico and Canada. The No. 4 U.S. wireless carrier unveiled its "Mobile without Borders" plan, which includes calling,...

  • *Unveils new plan for Mexico, Canada. July 9- No. 4 U.S. wireless carrier T-Mobile US Inc added a net 2.1 million customers in the second quarter, up from 1.5 million a year earlier, helped by aggressive offers, and the company said it was adding services in Mexico and Canada. The company unveiled its "Mobile without Borders" plan, which extends calling, texting and 4 G LTE...

  • NEW YORK, June 19- Shares of mall operator Macerich Co fell as much as 7.3 percent on Friday on reports rival Simon Property Group Inc was selling a 3.6 percent stake, months after its failed takeover bid. The shares had been offered in a range of $80.50 to $81 a share, lower than Macerich's close of $82.45 a share on Thursday, sources said. Simon in March offered $95.50 a...

  • *Deal values Anite at about 388 mln stg. June 17- Keysight Technologies Inc, a maker of electronic measurement instruments, said it would buy Britain's Anite Plc in a cash deal valued at about 388 million pounds. Keysight's offer of 126 pence per share represents a 22.3 percent premium to Anite's closing price on Tuesday.

  • MOSCOW, June 4- Russian steelmaker Evraz said on Thursday it had temporarily halted work at its North American Pueblo production plant due to weaker demand. Evraz and other steelmakers which produce metal pipes for the oil and gas industry have been hit by a 40 percent drop in oil prices since June last year. The Denver Post newspaper reported in January that...

  • June 1- Propane retailer Ferrellgas Partners LP said it would buy midstream services provider Bridger Logistics LLC for about $837.5 million to expand its midstream services business. Ferrellgas will pay $562.5 million in cash and issue 11.2 million of its units for Bridger, the company said on Monday. Ferrellgas set up its midstream business in May last year...

  • *Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players. Avago, which serves the wireless and industrial markets, is offering Broadcom...

  • *Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed to buy Broadcom Corp for $37 billion in the biggest chip industry deal ever, creating a company that will be able to supply chips used in everything from iPhones to servers used in data centers. Avago, a maker of chips for the wireless and industrial markets, is offering...

  • *Deal values Omnicare at $12.7 bln, including $2.3 B debt. May 21- Drugstore operator CVS Health Corp said Thursday it will spend $10.1 billion to buy Omnicare Inc, a company that supplies prescription medicines to nursing, assisted living and other healthcare facilities. They could renegotiate their supply contracts given the volume, "said FBR analyst Steven...

  • *Deal values Omnicare at $12.7 bln, including $2.3 bln debt. May 21- CVS Health Corp, the second-largest U.S. drugstore operator, said on Thursday it will buy pharmacy services provider Omnicare Inc for $10.1 billion to expand in the growing market serving the senior patient population. CVS offered $98 per Omnicare share, representing a premium of 4 percent to...

  • May 21- CVS Health Corp, the second-largest U.S. drugstore operator, said on Thursday it will buy pharmacy services provider Omnicare Inc for $10.1 billion to expand in the market serving the elderly. CVS's $98 per share offer represents a premium of 4 percent to Omnicare's closing price on Wednesday. Omnicare's stock had risen 9.5 percent since April 30 when...

  • WILMINGTON, Del., May 13- DuPont said on Wednesday it had fended off a board challenge from activist investor Nelson Peltz, after shareholders backed all 12 directors nominated by the U.S. chemical conglomerate's management. Peltz's Trian Fund Management had sought four seats on the board, including one for himself, and pushed the 213- year-old company to split...

  • FRANKFURT, May 8- German car companies may need help to compete with a wealthy field of bidders for Nokia's high-tech mapping unit HERE, as the entry of technology company Uber into the fray signals interest from deep-pocketed Silicon Valley players, bankers and executives close to the deal said. German auto makers Daimler, owner of Mercedes-Benz, BMW and...

  • Volkswagen chair resigns after losing CEO showdown Saturday, 25 Apr 2015 | 3:02 PM ET
    Ferdinand Piech, Chairman of the Supervisory Board of Volkwagen Group.

    Ferdinand Piech, a towering figure at Volkswagen for more than two decades, resigned as its chairman on Saturday.