×

Capital Goods Industrial Conglomerates

  • The guidelines stipulated that meat output from Heilongjiang, Jilin, Liaoning and Inner Mongolia should account for more than 15 percent of the country's output and milk output should reach more than 40 percent of national output by 2020. They include the "major" development zone, which includes top hog provinces Henan, Shandong, Sichuan and Hebei, and a zone with "...

  • Nov 21- Indian fashion and retail conglomerate Future Group said on Tuesday it plans to open 10,000 member-only stores by 2022, utilizing the technology and data of Alphabet Inc's Google and Facebook Inc.. Google will help Future Group to identify locations, while Facebook will help determine customer demographics as well as social engagement, Chief...

  • TOKYO, Nov 20- Toshiba Corp's plan to raise some $5.4 billion through a sale of new shares will help it avoid a delisting, but will also see more 30 overseas investors, including activist funds, own 35 percent of the embattled conglomerate. That in turn gives it the funds to return to positive net worth by the end of the financial year in March, as an $18 billion sale of...

  • TOKYO, Nov 20- Shares of Toshiba Corp fell nearly 5 percent early on Monday, a day after the troubled conglomerate said it would raise 600 billion yen from a sale of new shares in a key step that would allow it to stay publicly traded. The plan, reported by Reuters earlier this month, would help Toshiba avoid being delisted even if the $18 billion sale of its prized chip...

  • TOKYO, Nov 20- Shares of Toshiba Corp fell nearly 5 percent early on Monday, a day after the troubled conglomerate said it would raise 600 billion yen from a sale of new shares in a key step that would allow it to stay publicly traded. Toshiba's board met on Sunday to approve the plan, which would plug a balance sheet hole left by the company's bankrupt U.S. nuclear power...

  • TOKYO, Nov 19- Toshiba Corp said it would raise 600 billion yen from a sale of new shares, a key step that would allow the troubled conglomerate to remain a publicly traded company even if the sale of its chip unit is delayed. Toshiba needs to raise 750 billion yen by the end of March to plug a balance sheet hole left by its bankrupt U.S. nuclear power business, or it will be...

  • TOKYO, Nov 19- Toshiba Corp said it would raise 600 billion yen in fresh capital, a key step that would allow the troubled conglomerate to remain a publicly traded company even if the sale of its chip unit is delayed.

  • TOKYO, Nov 18- Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said. Toshiba, reeling from the bankruptcy of its U.S. nuclear unit Westinghouse Co in the wake of an...

  • John Flannery, GE

    General Electric CEO John Flannery disclosed he purchased 60,000 GE shares at a stock price of $18.27 on Wednesday.

  • LONDON/ PARIS, Nov 16- Acquisitive French media conglomerate Vivendi missed analysts estimates in third-quarter earnings and ruled out a hostile takeover of Ubisoft for the next six months after the video games maker beat forecasts, pushing its shares to a record high. Vivendi's third-quarter EBITA rose 5.7 percent from a year ago to 293 million euros, while...

  • LONDON/ PARIS, Nov 16- Acquisitive French media conglomerate Vivendi reported higher third-quarter earnings and kept its 2017 outlook for an increase in sales and profit over the year. Vivendi's third-quarter EBITA rose 5.7 percent from a year ago to 293 million euros, while its revenue increased by 19.3 percent to 3.18 billion euros. The results were driven by...

  • PARIS/ LONDON, Nov 16- Acquisitive French media conglomerate Vivendi reported higher third-quarter earnings and kept its 2017 outlook for an increase in sales and profit over the year. Vivendi's third-quarter EBITA rose 5.7 percent from a year ago to 293 million euros, while its revenue increased by 19.3 percent to 3.18 billion euros. The group also said it...

  • A worker cleans a part of a gas turbine on the assembly line at the General Electric energy plant in Greenville, South Carolina.

    Citing the "extreme deterioration" in the company's energy business, Moody's Investors Service downgraded General Electric's long-term debt.

  • PARIS, Nov 16- France's acquisitive media conglomerate Vivendi reported higher third-quarter earnings and kept its 2017 outlook for an increase in sales and profit over the year. Vivendi's third-quarter EBITA rose 5.7 percent from a year ago to 293 million euros, while its revenue increased by 19.3 percent to 3.184 billion euros. Vivendi, chaired by French...

  • Jack Welch

    "Jack's got more business sense than ever," Jim Cramer says.

  • SAO PAULO, Nov 16- The Brazilian government has backed off a previous plan to fine construction and engineering conglomerate Andrade Gutierrez SA 40 billion reais for its participation in a graft scheme, a national newspaper reported on Thursday. Brazil's Office of the Comptroller General has not reached an agreement with the company over a fine, paper Folha...

  • PARIS, Nov 16- French conglomerate Bouygues reported a forecast-beating 37 percent jump in nine-month operating profits, driven by a robust performance at its telecoms arm, which raised its forecasts and helped to send Bouygues shares higher. The family-controlled group, which also builds roads and owns France's biggest private TV broadcaster TF1, kept its...

  • PARIS, Nov 16- French conglomerate Bouygues reported a 37 percent jump in nine-month operating profits, helped by a robust performance at its telecoms arm- which raised its forecasts- and by improving trends in the construction market in France. The family-controlled group, which also builds roads and owns France's biggest private TV broadcaster TF1, kept its...

  • KUALA LUMPUR, Nov 16- Malaysia's Sime Darby Bhd, the world's largest oil palm planter by land size, on Thursday said its first quarter net profit increased over 150 percent versus a year ago, buoyed by increased production and by the sale of some assets. The conglomerate, whose interests stretch beyond palm oil into areas such as property, announced a net profit of...

  • NEW YORK, Nov 16- Nearly a year after its incorporation, the New York charity of HNA Group, China's airline-to-property conglomerate, has yet to apply for tax-exempt status. Hainan Cihang, which has so far committed to donating to Harvard University and the Massachusetts Institute of Technology, only said in its registration that it plans to make grants to...