HELSINKI (Thomson Financial) - TietoEnator Oyj shareholders holding a blocking stake will not not accept a 15.00 euros per share takeover bid by private equity firm Nordic Capital, it emerged on Friday. Nordic Capital's 1.1 billion euros offer is conditional on its obtaining acceptance on at...
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Insurer Aflac Inc. on Wednesday said it expects to earn $3.86 to $3.98 per share on an adjusted basis for 2008, if the exchange rate for the Japanese yen, where the company takes in about 71 percent of its revenue, remains at...
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SAN FRANCISCO (Thomson Financial) - General Electric said Friday it will reorganize and simplify its corporate structure to align its businesses for "growth and efficiency." Effective immediately, the Fairfield, Conn.-based...
The already battered home building industry got another dose of bad news Friday as a key bellwether of the sector's health showed sales of new homes and prices dipped in June, dashing hopes for a summertime housing turnaround.