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Companies and Corporations

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Top Companies and Corporations Articles

Displaying items 56-66
  • Mattel reports sharp 61% drop in second quarter profit

    Mattel reports sharp 61% drop in second quarter profit
    Weak sales of its impossibly proportioned Barbie doll and other core brands contributed to a 61% plunge in second quarter net income for toy maker Mattel Inc. The El Segundo company said worldwide sales for its classic Barbie dropped 15%, its Fisher-...
  • Q&A With Voya Financial CEO Rodney Martin

     Q&A With Voya Financial CEO Rodney Martin
    — Voya Financial Chairman and CEO Rodney O. Martin Jr. came to the company in 2011 at a critical time, just as it was about to separate from its former Dutch parent, ING Groep N.V., and venture out on its own. The separation required a rebranding,...
  • People's United Bank Announces New Joint Venture, 2nd Quarter Earnings

    The Bridgeport-based parent of People's United Bank announced a joint venture Thursday with a payment processing company to provide services to businesses in the bank's six-state market. People's United Financial Inc.'s venture with Ohio-based Vantiv...
  • 18,000 job cuts mark new era at Microsoft

    18,000 job cuts mark new era at Microsoft
    Microsoft Corp.'s new chief executive has signaled a new era for the company with a heavy finger on the delete key, erasing 18,000 jobs — 14% of the workforce. Six months into the job, CEO Satya Nadella is targeting a red-tape culture that has...
  • Time Warner is girding to fight Murdoch's takeover offer

    Time Warner Chairman and Chief Executive Jeff Bewkes is in an uncomfortable position: The cross hairs of Rupert Murdoch. For the last six years, Bewkes has presided over Time Warner, a genteel media company known for its sterling assets such as HBO, CNN...
  • Baxter has no plans for inversion with spinoff

     Baxter has no plans for inversion with spinoff
    While its peers in the northern suburbs and around the pharmaceutical industry have been lining up foreign mergers to help sidestep U.S. taxes, Baxter International said Thursday it has no plans to jump on the bandwagon. The Deerfield-based health...
  • GE Profit Rises 13%, Expects Retail Finance IPO By End Of July

    General Electric Co. reported a 13 percent jump in quarterly net income Friday on improved sales of its jet engines and oil and gas equipment, and said it was targeting the initial public offering of its private-label credit-card business for the end of...
  • AbbVie to buy drugmaker Shire for $55 billion

     AbbVie to buy drugmaker Shire for $55 billion
    AbbVie Inc. signed a nearly $55 billion deal to acquire drugmaker Shire PLC early Friday, a move that will allow it to substantially cut its corporate tax bill by moving its legal address to the United Kingdom. The deal, announced by both companies in a...
  • Time Warner looks at ways to counter 21st Century Fox's buyout bid

    Time Warner looks at ways to counter 21st Century Fox's buyout bid
    Rupert Murdoch's entertainment company, 21st Century Fox, pounced on its prey at an opportune moment. Over lunch in New York in early June, Murdoch's top lieutenant, Chase Carey, told Time Warner Inc. Chief Executive Jeff Bewkes that Fox wanted to buy...
  • Inversion loophole puts U.S. tax policy in a jackpot

    A merger between America's top slot-machine manufacturer and Europe's biggest gaming operator will create a gambling giant that manages lotteries and slots networks worldwide — and adds to the urgency for a political crackdown on U.S. companies...
  • Closing Notes Of Ovation Plant: Memories And Music

    Closing Notes Of Ovation Plant: Memories And Music
    NEW HARTFORD — The last guitar was long gone by late-morning Friday at the Ovation Instruments plant. Just about everyone had said farewell a few weeks earlier, when production stopped. Back on that glum day, six or eight guys had climbed up...