- Siemens interested in 'bolt-on' tech deals - CEO Reuters - Wed, May 23, 2012 15:03 BST
REUTERS - German conglomerate Siemens AG (SIEGn.DE) is interested in making acquisitions to add new industrial software technologies to its product lineup, especially "bolt-on" deals worth a ...
- Monday newspaper round-up: Break-up, France, Bailouts Sharecast - Mon, May 21, 2012 07:40 BST
When it comes to contingency planning for a Eurozone break-up, it is typically a German company that has been ahead of the game. Industrial conglomerate Siemens acquired a banking licence in December 2010. ...
- Invensys rues Chinese nuclear costs but markets see improvement Sharecast - Thu, May 17, 2012 11:26 BST
Rail, power and appliance conglomerate Invensys has seen its order book grow but has taken a hit on cost overruns at its Chinese nuclear projects.
- Reliance Industries buying back more shares: traders Reuters - Thu, May 17, 2012 09:23 BST
Reuters Market Eye - Shares in Reliance Industries gain 1.6 percent as traders say the company is increasing the volumes of its ongoing share buyback programme. The Indian energy conglomerate has bought ...
- Power Capital Global - APIP investment and TSI update AFX CNF - Wed, May 16, 2012 11:50 BST
For immediate release: 16 May 2012 Power Capital Global Limited (the "Company") Company invests into leading Mongolian conglomerate Update re proposed TSI equity investment The Company is pleased ...
- L&T net up, sees 15-20 pct rise in FY13 orders, revenue Reuters - Mon, May 14, 2012 13:56 BST
By Ketan Bondre MUMBAI (Reuters) - Larsen and Toubro(LART.NS), India's top engineering conglomerate, said it sees 15-20 percent growth in revenue and order wins this fiscal year after quarterly profit ...
- Manila's San Miguel Q1 net income up 19 pct y/y Reuters - Fri, May 11, 2012 08:07 BST
MANILA, May 11 (Reuters) - Philippine conglomerate SanMiguel Corp said on Friday its net income climbed 19percent in the first quarter from a year before, with strongcontributions from its power-related ...
- Old Mutual looking to emerging markets Sharecast - Thu, May 10, 2012 07:56 BST
South African financial conglomerate Old Mutual said it saw positive net client cash flows throughout the group in the first quarter, while sales continued to be strong in emerging markets.
- Sensex falls; Reliance Industries, banks hit Reuters - Wed, May 9, 2012 11:14 BST
MUMBAI (Reuters) - The Sensex and the Nifty fell on Wednesday, as energy conglomerate Reliance Industries (RELI.NS) led decliners after it cut estimates for proven gas reserves in its domestic blocks, ...
- Malaysia's CIMB buys stake in San Miguel's bank unit for $288 mln Reuters - UK Focus - Tue, May 8, 2012 09:03 BST
KUALA LUMPUR, May 8 (Reuters) - CIMB Group Holdings Bhd, Malaysia's second largest lender by assets, said itwill buy a 60 percent stake in Philippine conglomerate SanMiguel Corp 's Bank of Commerce for ...
- Buffett, Munger comments at Berkshire meeting Reuters - Sat, May 5, 2012 16:33 BST
OMAHA, Nebraska (Reuters) - Following are comments by Berkshire Hathaway Inc Chief Executive Warren Buffett and Vice Chairman Charlie Munger at the conglomerate's annual meeting of shareholders in Omaha ...
- Berkshire profits double as insurance losses fall Reuters - Sat, May 5, 2012 00:40 BST
By Ben Berkowitz OMAHA, Nebraska (Reuters) - Warren Buffett's Berkshire Hathaway (BRKa.N) more than doubled its profit in the first quarter, as the conglomerate's insurance business was spared from the ...
- Buffett's lieutenants see economy picking up Reuters - Fri, May 4, 2012 20:48 BST
By Ben Berkowitz OMAHA (Reuters) - All signs point to slow but steady economic growth as consumers gradually increase their spending, senior executives of Warren Buffett's conglomerate Berkshire Hathaway ...
- SE Asia Stocks-Philippine hits new all-time high on growth prospects Reuters - Thu, May 3, 2012 11:45 BST
BANGKOK, May 3 (Reuters) - Philippine stocks hit an all-timehigh on Thursday spurred by optimism over the economy and strongearnings outlook of a consumer conglomerate. But markets elsewhere in Southeast ...
- STOCKS NEWS MALAYSIA-RHB upgrades UMW to outperform Reuters - Thu, May 3, 2012 02:58 BST
RHB Research upgraded UMW Holdings Bhd tooutperform with a higher fair value of 9.40 ringgit per sharefrom 7.30 ringgit previously, citing improving outlook for theauto-to-oil and gas conglomerate going ...
- AB Nuvo to buy control of Pantaloon retail arm Reuters - Mon, Apr 30, 2012 17:17 BST
By Nandita Bose MUMBAI (Reuters) - Aditya Birla Nuvo, part of the Aditya Birla conglomerate, is to pay an initial 8 billion rupees towards getting a controlling stake in the Pantaloons Format clothing ...
- WPP takes stake in US car industry specialist Sharecast - Mon, Apr 30, 2012 08:10 BST
Advertising conglomerate WPP has made a small strategic investment in Enprecis, a US company which uses a proprietary online platform to collect and analyse data about consumer experience for the car industry....
- UPDATE 1-Russia's Sistema posts Q4 loss on India hit Reuters - UK Focus - Thu, Apr 26, 2012 10:10 BST
* Conglomerate posts Q4 net loss of $530 million * Writes off $700 mln on India telecoms license loss * Q4 OIBDA rose 24 pct on a margin of 25 percent * Plans $300 million buyback -- CEO (Adds CEO comment, ...
- STOCKS NEWS SINGAPORE-Shares slip by midday Reuters - Thu, Apr 26, 2012 06:01 BST
Singapore stocks slipped by midday, bucking the trend inother Asian bourses as losses in blue chip Sembcorp IndustriesLtd weighed on the broader index. Utilities and marine conglomerate Sembcorp Industries ...
- Siemens cuts profit outlook on wind project delays Reuters - Wed, Apr 25, 2012 10:30 BST
By Maria Sheahan and Jens Hack FRANKFURT/MUNICH (Reuters) - German engineering conglomerate Siemens (SIEGn.DE) slashed its full-year profit forecast on Wednesday after incurring another major charge related ...
- STOCKS NEWS MALAYSIA-Maybank raises UMW to buy Reuters - Mon, Apr 23, 2012 03:17 BST
Maybank IB Research upgraded Malaysia's conglomerate UMWHoldings Bhd to buy with a higher target price of 8.35ringgit per share as it saw potential recoveries at the latter'sautomotive and oil and gas ...
- Reliance Industries Q4 profit falls 21 pct; lags f'casts Reuters - Sat, Apr 21, 2012 05:51 BST
By Devidutta Tripathy and Sumeet Chatterjee MUMBAI (Reuters) - Energy conglomerate Reliance Industries Ltd (RELI.NS) reported its second consecutive quarterly drop in profit, hurt by weak refining margins ...
- Reliance Industries Q4 profit falls 21 pct; lags f'casts Reuters - Fri, Apr 20, 2012 17:12 BST
By Devidutta Tripathy and Sumeet Chatterjee MUMBAI (Reuters) - Energy conglomerate Reliance Industries Ltd (RELI.NS) reported its second consecutive quarterly drop in profit, hurt by weak refining margins ...
- Sistema to take $1 bln writedown on India: sources Reuters - Fri, Apr 20, 2012 07:01 BST
MOSCOW (Reuters) - Russian services conglomerate Sistema (SSAq.L) will take a writedown of nearly $1 billion related to the suspension of its Indian licences, sources close to Sistema said on Friday. The ...
- Moody's gives Ba3 rating to F1's bank loans Sharecast - Thu, Apr 19, 2012 14:53 BST
Moody's Investors Service said today that it assigned a Ba3 Corporate Family Rating (CFR) and a B1 Probability of Default Rating (PDR) with a stable outlook to Alpha Topco, a conglomerate that hold the ...
- Vodafone Has A Clear Shot At C&W Worldwide Fool.co.uk - Thu, Apr 19, 2012 11:12 BST
An Anglo-Indian corporate tug of war came to an end at 5pm last night, when Indian conglomerate Tata announced that it was withdrawing from the bidding race for Cable & Wireless Worldwide .Vodafone versus ...
- San Miguel to sign deal selling majority of bank unit to CIMB - official Reuters - Mon, Apr 16, 2012 02:55 BST
MANILA, April 16 (Reuters) - Philippine conglomerate SanMiguel Corp is due to sign a deal soon to sell 60percent of its unlisted unit Bank of Commerce to Malaysia's CIMBGroup, the bank's chairman said ...
- Siemens may look at specific projects with RIL Reuters - Fri, Apr 13, 2012 15:22 BST
MUMBAI (Reuters) - India's Siemens Ltd (SIEM.NS) may partner with energy-led conglomerate Reliance Industries Ltd (RELI.NS) for future security solution projects on a case-by-case basis, a senior official ...
- J.P.Morgan rates Reliance Industries at 'underweight' Reuters - Fri, Apr 13, 2012 05:18 BST
Reuters Market Eye - J.P.Morgan's re-initiated coverage of Reliance Industries, India's biggest energy conglomerate, with an "underweight" rating and a price target of 650 rupees citing a lack ...
- Sony confirms it will cut 10,000 jobs this year Sharecast - Thu, Apr 12, 2012 08:06 BST
Japanese electrical conglomerate Sony has released details on its turnaround strategy that include cutting 10,000 jobs this year.
- Sony's Kazuo Hirai fleshes out turnaround plan Sharecast - Thu, Apr 12, 2012 01:12 BST
Japanese electrical conglomerate Sony has released details on its turnaround strategy that include cutting 10,000 jobs this year.
- BHEL, L&T fall; doubts rise over output data Reuters - Mon, Apr 9, 2012 09:28 BST
Reuters Market Eye - Shares in power equipment maker Bharat Heavy Electricals Ltd (BHEL.NS) and engineering and construction conglomerate Larsen & Toubro (LART.NS) dropped amid expectations for weak February ...
- Hinduja private bank to boost commods finance team Reuters - Thu, Apr 5, 2012 18:24 BST
By Emma Farge GENEVA (Reuters) - Hinduja Group's Swiss-based private banking arm said on Thursday it plans to double its commodity trade finance team by hiring five new staff. The Indian family-owned conglomerate ...
- Private equity eyes Russian healthcare - source Reuters - UK Focus - Thu, Apr 5, 2012 11:35 BST
MOSCOW April 5 (Reuters) - Russia's newest state fund and aninternational private equity firm are in talks to invest inMoscow's healthcare system by taking a stake in a business ownedby conglomerate Sistema, ...
- Moody's downgrades GE, citing GE Capital risks Reuters - Wed, Apr 4, 2012 03:11 BST
REUTERS - Moody's on Tuesday downgraded the ratings of conglomerate General Electric Co (GE.N) and its finance unit General Electric Capital Corp. each by a notch to reflect risks in GE Capital's funding ...