Corporate Action

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Kingsgate Consolidated Could be Target of Takeover Bids After Strong Quarterly Report

Kingsgate Consolidated Could be Target of Takeover Bids After Strong Quarterly R

Kingsgate Consolidated has shared that after posting an exceptionally strong quarterly report, the company could be an attractive target for acquisitions, which could be further fueled by the fact that the firms is looking to reopen old pits.

BHP Expected to Release Strong Quarterly Report on Back of Boost in Iron Ore Output

BHP Expected to Release Strong Quarterly Report on Back of Boost in Iron Ore Out

On the back of a substantial hike in iron ore output, BHO Billiton is expected to today release a strong and profitable quarterly production report. The company might also commence its share buyback scheme.

Nokia Siemens and SaskTel Join Hands to Provide Next-Gen Wireless Across Saskatchewan

Nokia Siemens and SaskTel Join Hands to Provide Next-Gen Wireless Across Saskatc

For very long, experts have been stressing that if there is one province that needs a wireless broadband real bad, it is Saskatchewan, mainly due to its landscape. And now, to effectively meet the requirements, SaskTel has stepped in.

Kodak files patent-infringement lawsuit against Apple and RIM

Kodak files patent-infringement lawsuit against Apple and RIM

In a Thursday announcement, the camera bigwig Eastman Kodak said that it has filed a patent-infringement lawsuit against Apple as well as Research in Motion (RIM), for allegedly contravening its patented digital imaging technology.

Facebook and McAfee Join Hands to Step Up the Networking Site's Security Effort

Facebook and McAfee Join Hands to Step Up the Networking Site's Security Effort

Popular social networking website Facebook, and giant of the online and PC security world, McAfee, have joined hands in order to improve the security Facebook offers to its current user base of
350 million users, which keeps growing with every passing day.

France Telecom Executive Expects Apple’s Tablet to have Web Cam, 3G

Apple-Orange-France-Telecom-Logo

An executive with wireless operator France Telecom implied that Apple is on the verge of releasing a tablet equipped with a Web cam, and offer 3G connectivity to its Orange customers across Europe.

Bid for On2 Raised to $132 Million by Google

Bid for On2 Raised to $132 Million by Google

On Thursday, search engine giant Google Inc. confirmed that it is hiking its offered bid for On2 Technologies Inc. to $132 Million. The move has been a direct result of the latter's shareholders resisting Google's previous takeover bid of $106.5 Million.

Chapter 11 Bankruptcy Filed by Mesa Air Group

Chapter 11 Bankruptcy Filed by Mesa Air Group

Chapter 11, bankruptcy has been filed by U. S regional air line operator, Mesa Air Group Inc. at U. S. Bankruptcy Court.

Mesa's operations include Delta, United and US Airways.

Berkshire against Kraft’s New Proposal for Cadbury

Berkshire against Kraft’s New Proposal for Cadbury

In a major move, Buffett, CEO of Berkshire Hathaway, has opposed Kraft's proposal of issuing shares of $16 billion to Cadbury.

Berkshire Hathaway owns 138 million shares of Kraft, which gives it 9.4 percent stake in the Northfield, Ill..

Rotten Tomatoes Sold to Flixster by News Corp

Rotten Tomatoes Sold to Flixster by News Corp

Rotten Tomatoes, the movies review website, has been sold by News Corp to Flixster, which collects user reviews for its various website and mobile applications.

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