Samsung working to acquire SanDisk

Samsung Electronics Co. is pursuing an acquisition of U.S. computer memory card maker SanDisk Corp., a South Korean online business newspaper reported Friday.

Boeing Machinists

Representatives from Boeing Co. and the machinists union met with a federal mediator Thursday as the clock ticked on an unusual two-day contract extension after union production workers soundly rejected a contract offer and voted to strike. (Sep 05)

Shares at Informa PLC, the London-based publisher of Lloyd's List maritime newspaper, fell almost 6 percent on Friday after the company rejected a reduced $3.4 billion takeover bid from a private equity consortium. (Sep 05)

Specialty insurer Assurant Inc. has agreed to acquire the warranty management business of General Electric Co.'s appliance and consumer electronics division. (Sep 05)

Nokia Corp. warned Friday its third-quarter global market share will decline from second-quarter levels, sending its U.S. shares tumbling more than 11 percent in premarket electronic trading. (Sep 05)

Oil prices jumped Monday in Asia as Hurricane Ike looked poised to slam into the Gulf of Mexico later this week, delaying efforts to bring oil and gas production back online in a region still recovering from Hurricane Gustav. (2:17 AM EST)

Mortgage Giants Crisis

Wall Street finally got what it's been angling for: a bailout of Fannie Mae and Freddie Mac that could aid a recovery of the broken U.S. housing market and arrest a slide in stock and credit markets worldwide. (11:40 PM EST)

Home Foreclosures

The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis. (9:51 PM EST)

Earnings

Toll Brothers Inc., the nation's largest builder of luxury homes, reports earnings for its fiscal third quarter on Thursday. The f...

M&A

Dow Chemical Co. said Friday it has received a request for additional information from the Federal Trade Commission related to its...

advertisement
Advertisement
Traditional Men’s Clothing

Since 1898 we’ve outfitted the worlds best dressed men. Woven silk ties, custom tailored shirts & more.

 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives