Articles in Business

Philip Morris, Universal Corp. Pen Supply Agreement - Analyst Blog

Philip Morris International Inc.PM is geared to increase its supply chain to improve its operating efficiencies. In order to get a major share of the popular Mexican tobacco leaves, its South... Read >>

Infineon Security Chips Protect Samsung Smartphones - Analyst Blog

Leading semiconductor company Infineon Technologies AGIFNNY recently disclosed that it has supplied embedded Secure Element (eSE) chips to Samsung Galaxy S6 and S6 edge, the latest smartphones... Read >>

Interpublic Merges ICC Lowe Health Brands into FCB Health - Analyst Blog

The Interpublic Group of Companies, Inc. IPG plans to consolidate its ICC Lowe health brands into F C B Health, in its concerted efforts to strengthen ICC network's digital branding expertise and... Read >>

Akamai Acquires Xerocole, Focuses on DNS Improvement - Analyst Blog

Akamai Technologies, Inc.AKAM recently acquired recursive Domain Name System (DNS) provider Xerocole. The financial terms of the deal were kept under wraps. However, Akamai stated that the... Read >>

Orexigen Soars as Interim Data on Contrave Comes to Light - Analyst Blog

Orexigen Therapeutics, Inc. 's OREX shares jumped almost 32% after the United States Patent and Trademark Office (USPTO) granted a patent (U.S. Patent No. 8,969,371) and provisional patent... Read >>

Royal Bank of Scotland to Axe 14,000 Investment Banking Jobs - Analyst Blog

The Royal Bank of Scotland Group plcRBS is set to eliminate as many as 14,000 jobs in its investment banking unit. Notably, the layoffs will take place mostly in the U.S. and Asia. The news, first... Read >>

Statoil Awards Platform Topside Installation to Allseas - Analyst Blog

Norwegian oil major Statoil ASASTO has entered into an agreement with Allseas to install three platform topsides on the Johan Sverdrup field. The share price has been trending upward post... Read >>

Citigroup (C) Sheds OneMain for $4.25B to Springleaf - Analyst Blog

Citigroup Inc.C announced the sale of its consumer lending business OneMain Financial to Springleaf Holdings, LLC LEAF in a cash deal valued at $4.25 billion. The agreement, which is subject to... Read >>

Latest Acquisition Fails to Drive RenaissanceRe Shares - Analyst Blog

As scheduled earlier, RenaissanceRe Holdings Ltd.RNR completed the acquisition of Platinum Underwriters Holdings, Ltd. However, this news failed to infuse any spark in share price movement due to... Read >>

Microchip (MCHP) Expands DAC Product Family for New Usage - Analyst Blog

Leading microcontroller solutions provider Microchip Technology IncMCHP recently announced the expansion of its Digital to Analog Converter (DAC) product line with non volatile memory and I2... Read >>