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Stock Market News

Syngenta Cost-Cutting Program To Affect 1,800 Jobs
Syngenta Cost-Cutting Program To Affect 1,800 Jobs
By International Business Times - Nov 24, 2014

By Sneha Shankar - Syngenta AG (SIX:SYNN), the world's largest producer of crop chemicals, said Monday that it will cut or relocate nearly 1,800 jobs as part of its efforts to save $1 billion by 2018 ...

Samsung Considering Major Management Overhaul: Report
Samsung Considering Major Management Overhaul: Report
By International Business Times - Nov 24, 2014

By Suman Varandani - Samsung Electronics Co (KS:005930)., is considering a major revamp of its senior management next month in an effort to revive its fortunes, The Wall Street Journal reported, ...

BioMarin to buy Prosensa in $840 million deal
BioMarin to buy Prosensa in $840 million deal
By Reuters - Nov 24, 2014

(Reuters) - BioMarin Pharmaceuticals Inc (O:BMRN) said it would buy Dutch drug developer Prosensa Holding NV (O:RNA) for about $840 million including milestone payments, aiming to add to its ...

Fashion chain Gap in deal with online retailer Zalando
Fashion chain Gap in deal with online retailer Zalando
By Reuters - Nov 24, 2014

By Emma Thomasson BERLIN (Reuters) - Gap Inc (N:GPS) has struck a deal with Europe's largest dedicated online fashion retailer Zalando (DE:ZALG) to sell its core brand from next May, hoping to reach ...

Tesla says in talks with BMW over car batteries, parts
Tesla says in talks with BMW over car batteries, parts
By Reuters - Nov 24, 2014

FRANKFURT (Reuters) - U.S. electric carmaker Tesla Motors (O:TSLA) is in talks with Germany's BMW (DE:BMWG) over a possible collaboration in batteries and lightweight components, Tesla's Chief ...

Jindal Steel Shelves $10B Project After Coal Setback
Jindal Steel Shelves $10B Project After Coal Setback
By International Business Times - Nov 24, 2014

By Reuters - Jindal Steel and Power Ltd has shelved a $10 billion coal-to-diesel project, its chairman told Reuters, becoming the first big casualty of a Supreme Court decision to scrap coalfields ...

Canada's Onex To Expand In Europe With SIG Acquisition
Canada's Onex To Expand In Europe With SIG Acquisition
By International Business Times - Nov 24, 2014

By Sneha Shankar - ONEX Corporation (TO:OCX), a Toronto-based private equity company, will buy out the Swiss packaging company SIG Combibloc Group AG in a deal worth 3.75 billion euros ($4.7 billion),...

GSK shareholders to vote on Novartis deal on Dec. 18
GSK shareholders to vote on Novartis deal on Dec. 18
By Reuters - Nov 24, 2014

LONDON (Reuters) - Britain's GlaxoSmithKline (L:GSK) has asked its shareholders to vote at a meeting on Dec. 18 on its proposed major deal with Switzerland's Novartis (VX:NOVN), which will ...

Asian shares gain on China rate cut, ECB easing stance
Asian shares gain on China rate cut, ECB easing stance
By Investing.com - Nov 24, 2014

Investing.com - Asia markets broadly rallied Monday after China's central bank cut its benchmark lending rate after the market hours on Friday. In Hong Kong, the Hang Seng Index rose 1.9% and in ...

Asia stocks jump as China, Europe step up stimulus
Asia stocks jump as China, Europe step up stimulus
By Reuters - Nov 24, 2014

By Wayne Cole SYDNEY (Reuters) - Asian share markets were broadly higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro ...