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Companies and Corporations

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Top Companies and Corporations Articles

Displaying items 67-77
  • Across Asia's borders, labor activists team up to press wage claims

    JAKARTA/PHNOM PENH (Reuters) - Labor leaders behind the biggest strikes in Cambodia's $5 billion garment industry knew last year they had a strong case for higher wages: they had already compared notes with activists in neighboring countries. The result...
  • 'Plantibodies' drugs advance as big pharma stands aside

    LOS ANGELES (Reuters) - Biotech drug production techniques based on plants, which may prove to be faster, higher yielding and cheaper than current methods using mammalian cells, haven't caught on with the biggest pharmaceutical companies. The leading...
  • Autodesk raises full-year revenue forecast on strong subscription growth

    (Reuters) - Autodesk Inc raised its full-year revenue forecast and reported better-than-expected second-quarter revenue, as more companies and individuals sign up for its computer-aided design software. Shares of the company were up about 5 percent in...
  • SEC reviewing attempted takeover of Botox maker Allergan

    The Securities and Exchange Commission is looking into the way that a Canadian pharmaceutical company and activist investor Bill Ackman have tried to buy Botox maker Allergan Inc. of Irvine, Calif. Ackman's hedge fund, Pershing Square Capital Management,...
  • Applied Materials profit beats on memory chip demand

    (Reuters) - Chip-equipment maker Applied Materials Inc reported a better-than-expected third-quarter profit as contract manufacturers spend more on technology used to make smartphone and memory chips. The company also forecast current-quarter adjusted...
  • Rich exit for buyers of Boeing spinoff

    Canadian private-equity firm Onex, which in 2005 bought Boeing's major parts plant in Wichita, Kan., and two smaller Oklahoma facilities, made its final exit from the deal this month with a hefty financial gain: Nine times its original $108 million...
  • Integrys to pay executives $34 million in 'golden parachutes'

    Integrys to pay executives $34 million in 'golden parachutes'
    Top executives of Integrys Energy Group Inc. will receive substantial payouts known as golden parachutes after Wisconsin Energy Corp. officially acquires the company next year. A "golden parachute" is a common term referring to a payout an executive...
  • Lenovo profit jumps a better-than-expected 23 percent

    Lenovo's gains in the intensely competitive PC and smartphone markets enabled the company to post a 23 percent jump in quarterly profit and exceed analysts' expectations. Meanwhile, CEO Yang Yuanqing told Bloomberg News that the company still anticipates...
  • Ackman files second lawsuit against U.S. government

    (Reuters) - Activist Bill Ackman's Pershing Square Capital Management LP filed its second lawsuit in two days against the U.S. government over bailout of Fannie Mae and Freddie Mac, court documents show. In Friday's complaint with the U.S. District...
  • Fiat Chrysler growth plan challenged by possible merger delay

    By Agnieszka Flak MILAN (Reuters) - Sergio Marchionne has shown he is determined to let nothing stand in the way of Fiat's merger with Chrysler, but a share price slide may yet force the CEO to hit the brakes on plans to turn the world's No. 7...
  • U.S. tech firms under increasing scrutiny in China

    The Silicon Valley economy is hot these days, but U.S. tech firms are feeling a chill in China. Anti-monopoly investigators have raided Microsoft's China offices, and the government has banned Windows 8 from state computers. San Diego-based chip maker...