Business

Perrigo to Cut Jobs, Buy Back Shares to Fend off Mylan Offer

He argued that the forecast of synergies was mainly based on Mylan's initial plan to acquire full ownership of the target, but the drug maker did not revise the synergies prediction, despite revising its terms of acquisition and settling for only majority ownership of Perrigo.

Business

Kinder Morgan hikes dividend, says profit fell 43 percent

Kinder Morgan (KMI) is reiterated by RBC Capital Mkts to Outperform according to the research report released to the investors. The 12-month mean target is $41.53, which means upside potential of 32.22% over the current price. 13, 2015, to shareholders of record as of the close of business on Nov. 2, 2015. Kinder Morgan has a 52-week low of $25.81 and a 52-week high of $44.71.

Business

MH370: Sonar images 'bear all the hallmarks of a debris field'

The $90 million official underwater search operation spearheaded by the Australian Transport Safety Bureau - the most expensive in aviation history - has found no trace of Malaysia Airlines Flight MH370, which went missing with 239 passengers and crew during a flight from Kuala Lumpur to Beijing in March 2014.

Business

Yahoo Lost $42 Million on Community, Others

The perpetually low-rated cult series " Community " has artfully dodged cancellation for six seasons - losing a showrunner, a primetime spot on NBC and a couple key cast members in the process. Community fans, share your thoughts on Yahoo's multi-billion dollar write-off in the comment section below! "We're not saying we're not going to do these at all in the future, but in three cases it didn't work as we had hoped and we made a decision to move on".

Business

Deutsche Bank is dramatically overhauling its investment banking business

Among the management changes, Jeff Urwin , now co-head of CB&S together with London-based Colin Fan , will join the management board, responsible for corporate and investment banking. Nadine Faruque , the global head of compliance, will report to Matherat. Deutsche Bank declined to comment. Global markets will include all sales and trading activities.

Business

McDonald's Says It's Testing Monster Drinks in About 20 Stores

The speculation on Monster opening up to a new sales channel for its beverages began on Tuesday and rose Monster's shares to its highest in eight months. The company's revenue for the quarter was up.9% on a year-over-year basis. Bloomberg quotes an Evercore analyst who predicted the potential agreement could boost Monster earnings by as much as $2 a share.


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