News

Birkenstock Holding (BIRK) shares rose over 1.5% in Thursday's session and another 2% in extended trading, after Goldman ...
A top Ukrainian drone manufacturer has accused “unscrupulous” European companies of industrial espionage and fraud. -Roman Knyazhenko, CEO of Skyeton, claims some Western firms feign cooperation to ...
THE DEAL: Business software maker VMware is buying computer networking specialist Nicira for nearly $1.3 billion.WHAT IT WILL DO: The deal will expand VMware's product line in the rapidly growing ...
JOB CUTS: BlackBerry maker Research In Motion has started laying off employees as part of its restructuring plan aimed at saving about $1 billion this year. RIM declined to provide numbers on job ...
THE NEWS: HMX Acquisition Corp., the owner of tailored clothing brands including Hickey Freeman and Hart Schaffner Marx, is filing for Chapter 11 bankruptcy protection. THE CONTEXT: The labels ...
THE RESULTS: Altria Group Inc.'s fourth-quarter profit dropped 56 percent to $488 million as the Marlboro maker sold fewer cigarettes and recorded charges related to paying off debt early. Revenue ...
THE RESULTS: Marlboro maker Altria Group's fourth-quarter profit rose about 32 percent to $1.1 billion as it commanded higher prices for cigarette and smokeless tobacco and expanded its industry ...
THE DEAL: Business software maker VMware is buying computer networking specialist Nicira for nearly $1.3 billion. WHAT IT WILL DO: The deal will expand VMware's product line in the rapidly growing ...