*Kenyan brewer has 51 pct stake in Tanzania brewer. *Tanzania regulator wants to revoke the stake. NAIROBI, July 31- Kenya's East African Breweries Ltd said on Friday it would try to convince Tanzanian authorities not to revoke its acquisition of a controlling stake in Tanzania's second-largest brewery.» Read More
TOKYO, April 27- Tokyo Electron Ltd and Applied Materials Inc said on Monday they have agreed to give up their plans to merge in a deal that was set to be worth more than $10 billion, citing differences in views with U.S. antitrust regulators. U.S.-based Applied Materials, the world's largest chipmaking equipment maker, had agreed in September 2013 to buy Tokyo...
SHANGHAI, April 27- Stocks in China and Hong Kong rose to fresh seven-year highs on Monday morning, led by heavyweight Chinese state-owned enterprises on expectations that Beijing will accelerate mergers in the underperforming sector. "We don't see a slowdown in money inflows, so more liquidity will likely push stock indexes higher," wrote Sun Jianbo,...
On Thursday, stock of Arris went up 20 percent because they announced an inversion deal. The company sponsors Carl Edwards in Nascar.
*DOJ, FCC say merger would have given Comcast unfair advantage. *Time Warner Cable shares up 2 pct, Comcast little changed. April 24- Comcast Corp abandoned its $45 billion offer for Time Warner Cable Inc on Friday after U.S. regulators raised concerns that the deal would give Comcast an unfair advantage in the cable TV and Internet-based services market.
Jim Stewart, New York Times columnist, discusses his thoughts on the Comcast and Time Warner Cable deal, and negative yields in Europe.
*Comcast drops plan to merge Time Warner Cable. April 24- Wall Street opened up on Friday as strong results from tech behemoths Google, Amazon and Microsoft set the Nasdaq Composite on track to extend its record close set the previous session. Google gained 2.8 percent to $573.15 after reporting higher quarterly revenue and profit and Microsoft added 6.6...
Comcast on Friday called off its proposed $45 billion acquisition of Time Warner Cable and its prior agreement with Charter Communications.
*Xerox slumps as it cuts forecast. *Comcast shares up after it calls off Time Warner Cable merger. April 24- U.S. stocks were set to open higher on Friday as strong results from tech behemoths Google, Amazon and Microsoft set the Nasdaq Composite on track to extend its run after surpassing on Thursday a 15- year-old record.
The "Squawk on the Street" crew discuss the future of delivering content on the heels of Comcast's decision to walk away from its bid for Time Warner Cable.
CNBC's Jim Cramer explains why he is shocked to hear of the termination of Comcast's bid for Time Warner Cable.
April 24- Comcast Corp and Time Warner Cable Inc said on Friday they had abandoned their proposed $45 billion merger. "Today, we move on," Comcast Chief Executive Brian Roberts said in a statement. Comcast shares were up 1.2 percent at $59.94 in premarket trading, while Time Warner Cable shares were down 0.5 percent at $148.
Brian Roberts, Comcast chairman & CEO, discusses the decision to terminate its bid for Time Warner Cable. We have to move on, says Roberts.
April 24- Comcast Corp abandoned its proposed $45 billion merger with Time Warner Cable Inc on Friday, saying the deal had been structured in a way that if the U.S. government didn't agree, the companies could walk away.
The "Squawk Box" crew discuss Comcast's announcement it will drop its bid for Time Warner Cable.
Richard Parson, former Time Warner CEO, shares his thoughts on where Time Warner Cable and CEO Robert Marcus go from here now that it appears the Comcast-TWC merger will not go through.
Richard Parson, former Time Warner CEO, shares his thoughts on why the Comcast-TWC deal went cold.
I think wireless makes a lot of sense, says Rich Greenfield, BTIG media & tech analyst, sharing his thoughts on where Comcast to make its next acquisition.
Reed Hundt, REH Advisors and former FCC chairman, says he thinks the DirecTV-AT&T will likely go through and weighs in on the future of media mergers under a different administration.
I don't think there was any way Comcast could have saved it, says Reed Hundt, REH Advisors and former FCC chairman, providing insight to Comcast's bid for Time Warner Cable.
NEW YORK/ WASHINGTON, April 23- Comcast Corp's board was meeting late on Thursday to finalize plans to abandon its proposed $45 billion merger with Time Warner Cable Inc, according to a person directly familiar with the matter. Comcast and Time Warner Cable declined to comment. The news came a day after officials of Comcast and Time Warner Cable, the two largest U.S....