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Companies and Corporations

A collection of news and information related to Companies and Corporations published by this site and its partners.

Top Companies and Corporations Articles

Displaying items 89-99
  • AbbVie raises bid for drugmaker Shire to $51 billion

    AbbVie raises bid for drugmaker Shire to $51 billion
    AbbVie Inc. on Tuesday said it upped its takeover offer for Shire Plc by nearly 11 percent to more than $51 billion, remaining steadfast in its effort to sway the Irish drugmaker to agree to be bought. The latest bid comes after North Chicago-based...
  • Saint Mary's Hospital To Be Acquired By Tenet Healthcare

    Saint Mary's Hospital To Be Acquired By Tenet Healthcare
    A Texas-based hospital chain that is buying four Connecticut hospitals said in a surprise announcement Tuesday it will add a fifth to its roster: Saint Mary's in Waterbury. Connecticut's legislature this year passed a bill allowing for-profit hospitals...
  • Cupcake purveyor Crumbs Bake Shop closes L.A., other stores

    After more than 10 years at the forefront of the cupcake craze, Crumbs Bake Shop Inc. shuttered its high-end bakeries a week after it lost its stock listing on Nasdaq and defaulted on about $14.3 million in financing. Employees at its remaining Los...
  • Corporate tax scam watch: The 'inversion' craze

    Corporate tax scam watch: The 'inversion' craze
    Apple's done it. Herbalife has done it. Pfizer wanted to do it. What could be wrong with a corporate maneuver eyed by these fine, upstanding American corporations--and nearly 50 others in the last decade? The subject is "inversions," the catch-all...
  • Drone maker AeroVironment swings to $8.1-million profit in quarter

    Drone maker AeroVironment swings to $8.1-million profit in quarter
    Boosted by an increase in sales, Monrovia-based drone maker AeroVironment Inc. exceeded analyst estimates and reported $8.1 million in fiscal fourth-quarter profit, a turnaround from the same period a year earlier. The company posted net income...
  • Cupcake chain Crumbs Bake Shop closes stores in L.A., elsewhere

    Caving under losses, Crumbs Bake Shop Inc. has closed its high-end bakeries in Los Angeles and elsewhere after more than a decade of promoting the cupcakes that tapped the nation's sweet tooth. Financially, the nation's biggest cupcake chain recently...
  • American Apparel lender Lion Capital demands $10-million loan be paid

    American Apparel lender Lion Capital demands $10-million loan be paid
    The wealthy playboy behind American Apparel Inc.'s latest crisis isn't ousted Chief Executive Dov Charney. It's a London financier named Lyndon Lea. American Apparel told securities regulators Tuesday that Lea's private equity firm, Lion Capital, has...
  • AbbVie forced to retract claims of Shire investor support

    AbbVie forced to retract claims of Shire investor support
    AbbVie Inc. CEO Richard Gonzalez has landed in a bit of hot water for statements he made to certain newswires and U.K. press on Tuesday regarding shareholder support for his company's takeover bid for Shire Plc. The North Chicago-based pharmaceutical...
  • Innovative sewage plant in Sanford closes, lays off 15

    Innovative sewage plant in Sanford closes, lays off 15
    An innovative sewage-processing company in Sanford has closed its doors suddenly and filed for bankruptcy, leaving the cities of Sanford, Ocoee and Winter Springs to find new disposal methods. Since 2009, Maxwest Environmental Systems had been...
  • Tribune Publishing says it can carry more debt after spinoff

    Tribune Publishing says it can carry more debt after spinoff
    Tribune Publishing may have the flexibility to carry more than $350 million in debt after its planned spinoff from Tribune Co., which sources say is expected to happen in early August. In an amendment filed with the Securities and Exchange Commission...
  • WWE Turns to Cable Vet Laureen Ong to Help Grow its Digital Network

    Laureen Ong, the former president of Travel Channel, has joined the board of directors of WWE. The appointment of the longtime cable vet comes as WWE is looking to grow subscriptions to its digital network, launched in February, that features access to...