(Reuters) - By Nobuhiro Kubo and Kentaro Hamada
TOKYO, April 10 - Japanese camera and medical equipment maker Pentax Corp. said it has decided to scrap a planned share-swap merger with Hoya Corp. but remained open to considering a merger on different terms.
Read more at Reuters.com Mergers News
Tuesday, April 10, 2007
Alcatel-Lucent sees Q1 capital gain in deal
(Reuters) - The previously announced transaction will see Alcatel-Lucent sell its shareholdings in the satellite companies Alcatel Alenia Space and Telespazio to Thales.
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Read more at Reuters.com Mergers News
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Read more at Reuters.com Mergers News
Bear Stearns to open in Paris for Europe growth
(Reuters) - Some of the staff will transfer from London while others have been hired locally, Bear Stearns said.
The office will start with equity, fixed income and investment banking teams.
Read more at Reuters.com Mergers News
The office will start with equity, fixed income and investment banking teams.
Read more at Reuters.com Mergers News
UPDATE 1-Ono shares rise after urged to pay big dividend
(Reuters) - That is seven times the amount Ono plans to pay as its annual dividend for the year ended March 31.
The proposal comes as many of Japan's drug makers have aggressively stepped up shareholder returns in the form of both dividends and share buybacks under pressure from foreign investors and fears of becoming takeover targets.
Read more at Reuters.com Market News
The proposal comes as many of Japan's drug makers have aggressively stepped up shareholder returns in the form of both dividends and share buybacks under pressure from foreign investors and fears of becoming takeover targets.
Read more at Reuters.com Market News
Ono shares rise after urged to pay big dividend
(Reuters) - TOKYO, April 10 - Shares in Ono Pharmaceutical Co. Ltd. rose more than 3 percent after its top shareholder U.S. investment firm Brandes Investment Partners proposed a one-time dividend of 700 yen per share.
That is seven times the amount Ono plans to pay as its annual dividend for the year ended March 31.
Read more at Reuters.com Market News
That is seven times the amount Ono plans to pay as its annual dividend for the year ended March 31.
Read more at Reuters.com Market News
Citigroup may cut or reassign over 26,000 jobs: report
(Reuters) - In a memo to employees on Monday, Prince said the bank plans to consolidate some back-office, middle-office and corporate functions, move some work to lower-cost areas, and make its technology platforms more efficient. Reuters obtained a copy of the memo, and a Citigroup spokesman confirmed its contents.
Other published reports have said that Citigroup might eliminate 15,000 jobs, or about 5 percent of its work force of 327,000. CNBC on Monday said Citigroup might cut 45,000 jobs.
Read more at Reuters.com Business News
Other published reports have said that Citigroup might eliminate 15,000 jobs, or about 5 percent of its work force of 327,000. CNBC on Monday said Citigroup might cut 45,000 jobs.
Read more at Reuters.com Business News
Building boom lifts South Africa's coal prices
(Reuters) - Cement demand for South Africa's construction boom has boosted the domestic price for its washed coal up to export price levels, producers say.
"For the first time in recent memory, the prices for domestic steam coal Free On Mine are higher than the price which we receive from Richards Bay Coal Terminal, taking into account the additional transportation costs," Bisichi Mining Plc chairman Michael Heller said.
Read more at Reuters Africa
"For the first time in recent memory, the prices for domestic steam coal Free On Mine are higher than the price which we receive from Richards Bay Coal Terminal, taking into account the additional transportation costs," Bisichi Mining Plc chairman Michael Heller said.
Read more at Reuters Africa
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