The Strategist
Companies & CEOs

CVS Health to buy Target for $1.9 bn - 06/16/2015

US-based pharmacy and healthcare major CVS Health is planning to buy department store chain Target’s pharmacy business for $1.9 billion.   With the major acquisition, CVS, which already is the largest dispenser of prescription drugs, the biggest specialty pharmacy as well as health care clinic chain is in a position to underline its dominant position. The deal could mean that CVS will...

Google vs Twitch: Let the Game Begin - 06/15/2015

Google is preparing to launch a new website and a mobile app YouTube Gaming, which will be devoted exclusively to online games, on the basis of one of its largest asset, video hosting YouTube. This was reported in the company's official blog. According to media reports, a new service from Google will become the main competitor of Twitch. The creators of YouTube Gaming promise that the resource...

‘Hess Infrastructure Partners’ To Sell Their ‘Bakken Midstream Assets’ - 06/15/2015

The joint-venture of Hess Corporation and “Global Infrastructure Partners” announce their Bakken’s “midstream asset” sale. Thestrategist.media – 13 June 2015 – The StreetInsider reports that Hess Corp. Has come to a term of agreement whereby the company will put up a fifty percent sale on “its Bakken midstream assets to Global Infrastructure Partners”. The latter is one of the world’s leading...

Standard Pacific and Ryland Group to merge - 06/15/2015

Two major homebuilding group in the US, Standard Pacific Corp and Ryland Group Inc have announced their merger to become the fourth-largest homebuilder in the United States.   The merged new company is likely to become a market-dominant force, as pwe analysts. The new company will have a market capitalization of about $5.2 billion, with an enterprise value of about $8.2 billion. Together,...

GM to cut down production at Michigan small cars plant - 06/13/2015

American automaker General Motors has announced that the company is cutting down the production of two of its low-performing car brands - Chevrolet Sonics and Buick Veranos. The company is also planning to gradually lay off about 100 workers from July through the end of the year.   As a direct result of the reduction plan, the company’s Orion Township assembly plant near Detroit, Michigan,...

Twitter CEO Dick Costolo quits - 06/12/2015

US-based social media giant Twitter will have a new CEO. The company’s present CEO Dick Costolo is stepping down after a five year tenure and the company’s co-founder Jack Dorsey will trake over the responsibilities for a short while.   Though Costolo had been instrumental in bringing Twitter to its present 300 million user strength, the company has not been bringing revenue of late....

G7 Summit: Is that Worth the Effort? - 06/12/2015

Those, who expected a lot from the summit of the seven industrialized countries, got disappointed. Yet, those, who expected nothing, realized they were wrong, too - says DW columnist Christian Trippe. Reality can surprise every observer, since there are results that can be verified sufficiently in specific manner, as well as over time passed. For the policy of assistance to developing countries,...

European Commission Launches Antitrust Investigation against Amazon - 06/11/2015

European Commission launches antitrust investigation against Amazon’s businesses in the area of e-books, reports Reuters. The office will check contracts between Amazon and publishers. European Commission’s new investigation continues to pressure on the retailer, which had previously been accused of making a deal with Luxembourg government for the grant. Previously, EU antitrust authorities...

Jack Ma Speaks About WW III and Disadvantages of Being a Billionaire - 06/10/2015

Third World War is coming, but it's good - said one of the Asian richest men Jack Ma, the founder and CEO of Alibaba Group, adding that Internet and its various platforms may trigger the global conflict. However, it won’t set countries against each other. Instead, countries such as China and the US, will unite to defeat the social evils. - The Third World War is inevitable, but it will not...

HP to pay $100 million in shareholder's case over Autonomy deal - 06/10/2015

US-based technology company Hewlett-Packard has agreed to a compromise settlement of $100 million over a shareholder’s class action lawsuit in relation to the company’s failed acquisition of British software firm Autonomy.   The settlement will put an end to the woes of HP and resolve the allegations that shareholders were purposefully misled by the company’s directors. HP tried to acquire...
1 ... « 138 139 140 141 142 143 144 » ... 157