| Source: CNBC
Now that General Electric has reached a preliminary deal with Vivendi over the sale of its 20 percent stake in NBC Universal, it has cleared what some consider the largest obstacle in its agreement with Comcast.
Stocks kicked off December with a rally Tuesday as Dubai fears subsided and the dollar retreated, pushing gold to a new record above $1,200 an ounce.
| Source: The New York Times
Genzyme, the biotechnology company already reeling from problems manufacturing its drugs for rare diseases, will soon have a formidable new competitor — the pharmaceutical giant Pfizer.
| Source: Reuters
A federal judge has ordered a retired Croatian seamstress to pay more than $5.7 million for her role in an insider trading ring involving two former Goldman Sachs Group employees.
| Source: CNBC.com
Stocks kicked off December with a rally Tuesday as fears about the Dubai situation subsided but pared their gains after a lower-than-expected reading on manufacturing.
| Source: CNBC.com
Tuesday starts with a positive outlook for stocks, helped by retreating fears over Dubai World's debt restructuring plans as well as new easing moves overnight by the Bank of Japan.
| Source: Reuters
Zijin Mining Group, China's largest listed gold company, has offered $498 million for Indophil Resources, chasing the Australian miner's one-third stake in a big copper and gold lode in the Philippines.
| Source: CNBC staff and wire reports
General Electric has agreed to buy a 20% stake in NBC Universal from partner Vivendi SA for $5.8 billion, sources told CNBC.
Stocks pulled off a modest gain Monday, led by banks, after Dubai World said it would try to restructure about $26 billion of its debt. Chips also gained. But retailers finished lower.
| Source: CNBC.com
Stocks retreated Monday as investors sorted through Dubai and retail news. Industrials and Home Depot were the biggest drags on the Dow. Financials gained.
Monday, 30 Nov 2009 | Source: CNBC.com
Stocks retreated Monday as investors sorted through Dubai and retail news. Industrials and Home Depot were the biggest drags on the Dow. Financials gained.
Monday, 30 Nov 2009 | Source: CNBC.com
Monday, 30 Nov 2009 | Source: The New York Times
Whatever its intentions, Comcast would have little choice over the next year or two but to stick with a slate of films that is largely in place., the New York Times reports.
Monday, 30 Nov 2009 | Source: Reuters
Beijing Automotive Industry Holding Corp (BAIC) might still be interested in buying General Motors' Saab unit, the Chinese car company's general manager said on Monday.
Stocks rallied at the beginning of the week, then sold off on Dubai worries Friday, leaving the Dow within 10 points of where it started the week.
Posts |
TOPIC : Mergers & Acquisitions
General Electric agreed to buy the 20 percent stake in NBC Universal from partner Vivendi for $5.8 billion... Read More
Market analysts are expecting the ISM data on Tuesday to show further growth in U.S... Read More
27 Nov 2009
US markets are bracing for a shakeup Friday after investors fled risk assets globally on concerns about Dubai's debt rescheduling.... Read More
25 Nov 2009
A week's worth of economic reports has been crunched into just three days this week, and Wednesday has its share of significant data, which include jobless claims, durable goods and consumer sentiment.... Read More
23 Nov 2009
Risk is on so far this holiday week, but the bigger question is how long will that trade work... Read More
VIDEO | TOPIC : Mergers & Acquisitions
What the GE-Vivendi deal means, with David Bank, RBC Capital Markets; David Joyce, Miller Tabak; and CNBC's David Faber.
General Electric, Vivendi reach tentative agreement on NBC Universal stake, with Wilbur Ross, WL Ross & Co.; Richard LeF...
GE-Comcast joint venture would be biggest media deal this year, with Mike Holland, Holland & Company; Michael Wolff, Van...
General Electric, Vivendi reach tentative agreement on NBC Universal stake, with Michael Wolff, Vanity Fair and CNBC's D...
GE, Vivendi tentatively agree to value NBC Universal stake At $5.8 billion, with CNBC's David Faber.
More Videos
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