A slimmed-down Kodak announced Tuesday that it had emerged from bankruptcy protection and would specialize in technology focused on imaging for businesses. Kodak, during the 20-month bankruptcy reorganization, divested many of its most iconic businesses…
While data has improved, albeit inconsistently, since the economy escaped the Great Recession, it’s apparent that workers in the U.S. are comforted … Read more
KPP Creates Kodak Alaris to Ensure Long-Term Growth of Valuable Businesses LONDON, Sept. 3, 2013 /PRNewswire/ — The U.K. Kodak Pension Plan (KPP) has completed its acquisition of the Kodak Personalized Imaging and Document Imaging businesses from…
Makers and users of electronic cigarettes Tuesday went to war against EU plans to class the devices as medicinal products, saying any such move would end up harming public health. Days before members of the European Parliament vote on a raft of new…
The U.S. Census Bureau reports that construction spending during July 2013 was estimated at a seasonally adjusted annual rate of $900.8 … Read more
The Institute for Supply Management reports that the headline PMI figure from its manufacturing report on business was a reading of 55.7 … Read more
Chinese state media increased the pressure on British pharmaceutical giant GlaxoSmithKline (GSK) over a bribery investigation Tuesday, accusing the firm of being responsible rather than individual employees. The inquiry into GSK comes as authorities…
The OEC trimmed its growth forecasts for China and the United States on Tuesday, warning that lasting recovery is still not firmly on its feet despite a rebound in some countries. A central risk to recovery is how the US Federal Reserve bank winds down…
– Transaction will be accretive to adjusted earnings per share, pre-synergies – Cross-selling and cross-channel opportunities expected to drive top-line growth – Acquisition will enhance overall gross profit and EBITDA margins – Jarden to hold webcast…
Bank of America will sell its entire stake in China Construction Bank (CCB) for around $1.5 billion, a report said Tuesday, exiting an investment it made eight years ago. The US lender is selling two billion Hong Kong-listed shares in China’s second…
Microsoft’s strategic rationale for deal announced with Nokia on September 3, 2013. Microsoft buys Nokia’s phone business Microsoft buys Nokia’s Qualcomm, … Read more
Company to hold investor call; members of the media invited to attend. Download image Microsoft company logo. (PRNewsFoto/Microsoft) REDMOND, Wash., Sept. 2, 2013 /PRNewswire/ — Microsoft Corp. and Nokia Corp. today announced that the boards of directors…
Japan will spend up to $500 million of public funds to tackle radioactive water leaks at Fukushima, reports said Tuesday, as the government vowed to take the lead in the clean-up. Prime Minister Shinzo Abe will gather members of his nuclear disaster…
Using various weighted financial ratios, Merrill Lynch has assigned a vulnerability rating to leading Asian economies in the below heat … Read more
Investment Philosophy: Aquamarine Fund is a long only global value fund. Focus is on investing for long term capital appreciation … Read more