GO
Loading...

Tim Hortons Inc

More

  • Oct 15- Major U.S. drugmaker AbbVie Inc said on Wednesday it was reconsidering a $55 billion bid for Ireland's Shire Plc, marking a setback for "inversion" deals in which U.S. companies reincorporate abroad to cut tax costs. Steris Corp said on Monday it has offered to buy Britain's Synergy Health Plc for about $1.9 billion in a deal that would shift Steris' tax...

  • Steris to spend $1.9B on UK's Synergy Health Monday, 13 Oct 2014 | 7:01 AM ET

    Steris Corp. will spend about $1.9 billion to buy a British sterilization services company, as U.S. businesses continue to seek overseas incorporations despite attempts to make such tax-saving maneuvers less lucrative. The medical products maker said Monday that the new company created by its combination with Synergy Health PLC will keep operational...

  • Oct 2- Warren Buffett, the billionaire chairman and chief executive officer of conglomerate Berkshire Hathaway Inc, praised Coca-Cola's altered executive compensation plan on Thursday. Buffett also said Burger King Worldwide Inc's $11.5 billion purchase of Tim Hortons Inc was not a tax-motivated deal. " Berkshire committed $3 billion in preferred equity...

  • Canadian finance minister says country not a tax haven Tuesday, 30 Sep 2014 | 5:05 PM ET

    TORONTO, Sept 30- Canada is not a tax haven but its government is always looking to make the country more attractive to foreign investors, Canadian Finance Minister Joe Oliver said on Tuesday. Last month, Burger King Worldwide Inc proposed an $11.5 billion cash-and-stock acquisition of Canada's Tim Hortons Inc..

  • Sept 23- Moody's Investors Service said it may review the credit implications for pending tax-inversion deals in the healthcare and pharmaceutical sector if U.S. Affected companies include Medtronic Inc, Mylan Inc, Salix Pharmaceuticals, Auxilium Pharmaceuticals and AbbVie Inc..

  • *Action may deter Pfizer from returning to bid for AstraZeneca. WASHINGTON/ NEW YORK, Sept 23- Tough new U.S. rules on corporate "inversions" on Tuesday sent a chill through the market for the tax-avoidance deals, both pending and potential, with share prices falling sharply in nearly a dozen companies on both sides of the Atlantic.

  • *May deter Pfizer from returning to bid for AstraZeneca. LONDON, Sept 23- Shares in drugmakers AstraZeneca and Shire fell sharply on Tuesday after the U.S. The move could jeopardize an agreed deal for AbbVie to buy Shire for $55 billion and deter Pfizer from making another attempt to acquire AstraZeneca, after a $118 billion takeover attempt failed in May.

  • Drug company shares pummeled by US tax moves Tuesday, 23 Sep 2014 | 5:55 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Shares in drugmakers AstraZeneca and Shire both fell more than 5 percent after the U.S. Treasury took steps to curb "inversion" deals.

  • *May deter Pfizer from returning to bid for AstraZeneca. LONDON, Sept 23- Shares in drugmakers AstraZeneca and Shire both fell more than 5 percent on Tuesday after the U.S.

  • Capital pains: Medtronic inversion ires investors Monday, 22 Sep 2014 | 1:30 PM ET
    Medtronic Chairman and Chief Executive Omar Ishrak.

    Medtronic's plan to reimburse execs and directors for $63 million in excise taxes from a tax inversion draws heat from shareholders.

  • Senators Sherrod Brown and Dick Durbin on Friday released details of a bill that would require foreign earnings that have not been repatriated, or brought into the United States, to be taxed as income at the point when a U.S. company inverts.

  • NEW YORK, Sept 16- Some of the top 20 investors at Salix Pharmaceuticals Ltd are threatening to vote down a proposed deal to buy a unit of Cosmo Pharmaceuticals SpA, and are pressing Salix to consider selling itself instead, people familiar with the matter said on Tuesday.

  • WASHINGTON, Sept 16- The U.S. Senate's top Democratic tax-writer said on Tuesday he is considering linking legislation to curb foreign corporate buyout deals known as inversions with separate efforts to renew expired tax breaks that businesses want extended.

  • TORONTO, Sept 16- McDonald's Corp is making its McCafe ground coffee available in Canadian grocery stores this month, the fast-food giant said on Tuesday, part of its broader campaign to win market share in a country long dominated by rivals like Tim Hortons Inc and Starbucks Corp..

  • TORONTO, Sept 15- Canadian coffee and doughnut chain Tim Hortons Inc on Monday reported strong same-store sales growth in both the United States and Canada for the third quarter to date.

  • TORONTO, Sept 15- Canadian coffee and doughnut chain Tim Hortons Inc on Monday reported strong quarterly same-store sales growth in both the United States and Canada.

  • WASHINGTON, Sept 12- Corporations should be on notice that government action is coming on "inversion" deals done by U.S. businesses that reincorporate abroad to cut their tax bills, said the top Democratic tax-writer in the House of Representatives on Friday.

  • Buffett called me about tax inversions: Sen. Hatch Friday, 12 Sep 2014 | 7:51 AM ET
    Warren Buffett

    Buffett wanted to know what lawmakers might propose on inversions, Sen. Orrin Hatch says.

  • Senator Orrin Hatch, the top Republican on the tax-writing Finance Committee, said billionaire investor Warren Buffett called him recently to find out what Congress might do about companies that move abroad for tax purposes.

  • NEW YORK, Sept 11- U.S. specialty drugmaker Akorn Inc is exploring a bid for Belgian drugmaker UCB SA's U.S. subsidiary, a deal that would allow the company to move its tax domicile overseas in a practice known as inversion, according to people familiar with the matter.