MANAGEMENT

Private equity takes two approaches to Yahoo: sources

Private equity takes two approaches to Yahoo: sources
Private equity firms including KKR and TPG Capital are looking to potentially buy minority stakes of up to 20 percent in Yahoo Inc with an eye to eventually taking over the whole company, people with knowledge of the situation said.
More news
Kohl's

Kohl’s 3Q Profit Advances 20%, Beat Estimates

Kohl's Corp., the fourth-largest U.S. department store chain, said Thursday its third quarter profit rose 20 percent, helped by the launch of the exclusive brands such as lines by Jennifer Lopez and Marc Anthony.
Underground mining machine

Gold Falls As Investors Sell to Raise Cash

Gold fell on Thursday, on track for its biggest one-day loss in two weeks, as fearsabout political turmoil in Italy and a deepening euro zone debt crisis prompted investors to raise cash by liquidating somepositions in the bullion market.
Papademos to lead Greek crisis coalition

Papademos to lead Greek crisis coalition

Former European Central Bank vice-president Lucas Papademos will head Greece's new crisis coalition, the president's office said on Thursday, charged with saving the country from default, bankruptcy and an exit from the euro zone.
A man walks past an advertisement of Japan's Olympus Corp in Tokyo

Olympus Steps Closer to Stock Market Delisting

Tokyo's stock exchange warned scandal-hit Olympus Corp on Thursday it will be delisted after 62 years as a publicly traded company if it fails to report earnings by December 14, another blow to the Japanese camera-maker's chances of survival.
american express

American Express to Invest $100M in Start-ups

American Express Co. is launching a $100 million fund as a new multi-year program designed to help accelerate the company's digital transformation, as it tries to add consumers in new geographies and attract younger generations.
IBTimes Logo

GM Outlook Disappoints, Shares Tumble

General Motors Co posted a lower third-quarter profit on losses in Europe and offered a disappointing outlook that raised doubts about the speed of its turnaround two years after emerging from bankruptcy.
IBTimes Logo

General Growth Properties Earnings up in 3Q on Higher Rent Renewals

General Growth Properties, the large mall operator that exited bankruptcy protection last year, reported core funds from operation (FFO), which measures its ability to generate cash, of $224.2 million, or 23 cents per share, up slightly from FFO of $223.2 million in 2010.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.Africa stocks book biggest 1-day fall in 5 weeks

South African stocks posted their biggest one-day loss in five weeks on Wednesday, dropping 2.3 percent as fears about the outlook for Italy's debt crisis pushed investors to sell off recent gainers such as miners and banks.
Olympus investment losses may have exceeded $1 billion

Olympus investment losses may have exceeded $1 billion

Losses on securities investments at the core of a scandal rocking Japan's Olympus Corp may have once exceeded $1 billion, the Nikkei newspaper said on Wednesday, as the 92-year-old firm's share price plunged due to doubts about its future.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.