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Fox Business Flash top headlines for January 25 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. An investment firm plans to launch a proxy fight at Ovintiv Inc., arguing the oil-and-gas producer should alter its spending and improve governance to boost the company’s share price. Continue Reading Below Ticker Security Last Change Change % OVV OVINTIV INC 17.23 […]
Read moreFox Business Flash top headlines for January 25 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. LOS ANGELES — Southern California Edison will pay $2.2 billion to settle insurance claims from a deadly, destructive wildfire sparked by its equipment in 2018, the utility announced Monday. Continue Reading Below Ticker Security Last Change Change % EIX […]
Read moreDivestment, real estate sale also aid profit; revenue dips 2% L&T reported a 5% rise in consolidated net profit for the third quarter ended December 31 to ₹2,467 crore on account of higher profit from the information technology and technology services (IT & TS) segment and sale of commercial property by its realty division. The PAT also included gains on […]
Read moreThermo Fisher Scientific Inc. (TMO) has completed the acquisition of Henogen S.A., Groupe Novasep SAS’s viral vector manufacturing business in Belgium for about 725 million euros in cash, the two companies said Friday. Novasep’s viral vector manufacturing business provides contract manufacturing services for vaccines and therapies to biotechnology companies as well as large biopharma customers. The business will be part […]
Read moreGerman luxury carmaker Mercedes-Benz on Wednesday launched the 2021 edition of its popular SUV GLC in India with price starting at ₹ 57.40 lakh (ex-showroom). The 2021 GLC is available in GLC 200 petrol and GLC 220d diesel variants, priced at ₹ 57.40 lakh and ₹ 63.15 lakh (ex-showroom, India), Mercedes-Benz India said in a statement. The newly launched vehicle […]
Read moreThe board of Sundaram Finance met on Wednesday and named Rajiv Lochan (director Strategy) as managing director with effect from April 1 Sundaram Finance Ltd has made top level changes as the current managing director T.T. Srinivasaraghavan will be retiring on March 31, 2020. The board of Sundaram Finance met on Wednesday and named Rajiv Lochan (director Strategy) as managing […]
Read moreODP Corp. (ODP) said Tuesday its board of directors has carefully reviewed USR Parent Inc.’s or Staples proposal announced on January 11, 2021 to acquire ODP’s entire issued and outstanding common stock for $40.00 per share in cash. ODP added its board has unanimously concluded that there is a more compelling path forward to create value for the company as […]
Read moreThe nation’s biggest company by market value, in a stock exchange filing, said it will buy IMG Worldwide’s 50 % stake in IMG-Reliance Ltd (IMG-R) for no more than ₹ 52.08 crore in cash. Billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL) has agreed to buy out IMG Worldwide LLC from their sports management joint venture for ₹ 52.08 crore. The […]
Read moreFox Business Flash top headlines for December 23 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Credits tied to carbon emissions are having a banner year despite a record drop in output from the power plants and steel mills that need them to operate. Continue Reading Below Ticker Security Last Change Change % MS MORGAN […]
Read moreIndustry body CII on Sunday said it has urged the government to consider creation of multiple bad banks to address the adverse impact of non-performing assets (NPAs) accumulated by public sector banks in the recent past, that got further accentuated during the pandemic. The Confederation of Indian Industry (CII) in its pre-budget memorandum recommended that the government consider enabling Foreign […]
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