22 July, 2015 by The TZ Newswire Staff Comments Off on Syngenta: We can’t consider Monsanto offer further
Syngenta: We can’t consider Monsanto offer further
The CEO of Syngenta ruled out further negotiations of a merger with rival Monsanto, describing their attempted takeover offer as “woefully short.”
22 July, 2015 by The TZ Newswire Staff Comments Off on Investors rethink stock valuations as China, growth weigh on prospects
Investors rethink stock valuations as China, growth weigh on prospects
Apple Inc’s (AAPL.O) disappointing earnings matter to more than just the investors who hold its shares. With the iPhone maker among just a handful of companies accounting for more than half of the U.S. stock market’s gains this year, some fund managers and analysts are concerned that the long bull market, which has pushed the S&P 500 index (.SPX) up almost 50 percent in less than three years, is starting to wane.
22 July, 2015 by The TZ Newswire Staff Comments Off on Wal-Mart buys out China e-commerce firm Yihaodian in online push
Wal-Mart buys out China e-commerce firm Yihaodian in online push
Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online, the U.S. retail giant said on Thursday. The investment will help Wal-Mart target China’s fast-growing online market at a time when largely brick and mortar retailers are feeling the pinch of competition from online rivals and a slowing of the world’s second-largest economy.
22 July, 2015 by The TZ Newswire Staff Comments Off on Tsinghua Holdings chief says still in Micron talks, hopeful on deal
Tsinghua Holdings chief says still in Micron talks, hopeful on deal
China’s Tsinghua Holdings is still discussing a potential deal to buy U.S. chipmaker Micron Technology Inc (MU.O) and hopes it could eventually go through, the state-backed investment company’s chairman told Reuters on Thursday. Sources told Reuters earlier this week that Micron has dismissed an informal $23 billion offer from Tsinghua Unigroup, a private equity subsidiary of Tsinghua Holdings, on the presumption that a deal would be blocked by U.S. regulators. Xu Jinghong, chairman of Tsinghua Holdings, said he remained hopeful, although his firm has not held any discussions with U.S.
22 July, 2015 by The TZ Newswire Staff Comments Off on Greece passes bailout reforms; commodities slide
Greece passes bailout reforms; commodities slide
Squawk Box Live in Europe will keep you updated with all the corporate releases and major market movements.
22 July, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil glut weighs on prices, Nymex crude stays under $50/barrel
Futures Movers: Oil glut weighs on prices, Nymex crude stays under $50/barrel
In addition to concerns over sustained U.S.
22 July, 2015 by The TZ Newswire Staff Comments Off on Credit Suisse: New CEO hints at capital-raising
Credit Suisse: New CEO hints at capital-raising
Credit Suisse, Switzerland’s second-biggest bank, reported better-than-expected profits for the second quarter, ahead of a major shake-up.