Deals of the day-Mergers and acquisitions

(Adds Cboe Global Markets, KB Kookmin Bank, Germany) May 19 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Tuesday: ** South Korea’s KB Kookmin Bank plans to take a controlling stake in Bank Bukopin, Indonesia’s Financial Services Authority (OJK) said in a statement, noting the mid-sized lender needed to strengthen its capital and […]

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Deals of the day-Mergers and acquisitions

(Adds Zambia, Casino) March 4 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Czech billionaire Daniel Kretinsky has tightened his grip on French retailer Casino, raising his stake to 6.88% of the capital and 5.17% of the voting rights, a regulatory announcement showed. ** Zambia has signed a contract of more […]

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JPMorgan to maintain key growth targets from last year at investor day: analysts

NEW YORK (Reuters) – JPMorgan Chase & Co (JPM.N) executives are unlikely to provide new financial targets at the bank’s annual investor day on Tuesday, and instead will use the forum to showcase a clean-energy initiative, analysts said. JPMorgan, the biggest U.S. bank by assets, reported record earnings last year and easily met management’s stated goals for expenses and profitability. […]

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JPMorgan Chase plans to unveil climate initiatives at investor day

NEW YORK (Reuters) – JPMorgan Chase & Co (JPM.N) executives plan to announce new climate-change initiatives on Tuesday, including restrictions on financing coal mining and Arctic drilling, as well as a $200 billion target to provide financing for sustainable projects. JPMorgan said on Monday that it would detail the initiatives at the bank’s investor day. The bank has faced years […]

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Deals of the day-Mergers and acquisitions

(Adds BorgWarner, Semperit; Updates Philips) Jan 28 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday: ** U.S. auto parts maker BorgWarner Inc agreed to buy UK-based Delphi Technologies Plc in a $3.3 billion deal, in a bid to expand in a growing market for hybrid and electric vehicles. ** Private equity firm […]

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Deals of the day-Mergers and acquisitions

(Adds Zijin Mining Group Co Ltd, Kanabo Research, Baxter International Inc, Centene Corp, HNA Group,Tullow Oil, Astaldi) Dec 2 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** Two Singapore-listed real estate investment trusts under the Frasers Property group said they planned to merge to create an entity that will hold assets […]

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Deals of the day-Mergers and acquisitions

(Adds Axian Group) Nov 7 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: ** A consortium composed of Madagascar’s Axian Group and Africa-focused private equity firm Emerging Capital Partners (ECP) will acquire a 51% stake in Togo’s state telecommunications company, Togocom, the government said. ** Sumitomo Mitsui Financial Group (SMFG) and Singapore-based […]

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Today is World Teachers Day; how much do teachers earn in the US?

Kamala Harris unveils $315B plan to boost teacher pay Democratic Strategist Blake Rutherford and RealClearPolitics contributor Anneke Green on the Democratic field in the 2020 presidential race and Sen. Kamala Harris’ plan to boost teacher pay. As educators around the globe observe this year's World Teachers Day, how much they should get paid remains a hotly debated topic. Continue Reading […]

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This Day in Business History: May 15

1918: U.S. airmail begins service between Washington, D.C., Philadelphia and New York. 1930: Registered nurse Ellen Church, the first airline stewardess, goes on duty aboard an Oakland-to-Chicago flight operated by Boeing Air Transport, a forerunner of United Airlines. 1940: DuPont begins selling its nylon stockings nationally. 1963: Weight Watchers is incorporated in New York. 2009: General Motors tells about 1,100 […]

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