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Caterpillar Abandons TBM Marketplace

2013-05-15 18:24:42| ENR.com: Headline News

?Concluding that "the business no longer represents a strategic growth opportunity," Caterpillar Inc. says it will shut down its tunnel-boring-machine business by mid-2014.

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Huawei abandons interest in the US

2013-04-24 16:53:00| Telecompaper Headlines

(Telecompaper) Chinese telecom equipment maker Huawei has ended its push for business in the US after seeing its efforts blocked repeatedly over security fears, reports the Financial Times. Executive vice president Eric Xu said at the company's annual summit with analysts on 23 April, "We are not interested in the US market any more".

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Daimler abandons profits target

2013-04-24 12:15:07| BBC News | Business | UK Edition

Mercedes' parent company Daimler warns that profits this year will be lower than last year's as it reports a sharp fall in earnings for the last three months.

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Reports: Blackstone abandons offer for Dell

2013-04-19 15:22:37| InfoWorld: Top News

Blackstone Group has given up its bid for Dell, less than a month after the private-equity fund manager said it was planning to top an offer from founder Michael Dell and private-equity firm Silver Lake Partners, according to news reports. In the so-called "go-shop" period for alternative bidders to make their offers, Dell received two counter-offers related to its plans to go private, with bids coming in from Blackstone and entities associated with investor Carl Icahn. It is not clear whether Icahn's bid still continues.

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Blackstone abandons offer for Dell

2013-04-19 15:22:37| InfoWorld: Top News

Blackstone Group has given up its bid for Dell, less than a month after the private-equity fund manager said it was planning to top an offer from founder Michael Dell and private-equity firm Silver Lake Partners, according to news reports. In the so-called "go-shop" period for alternative bidders to make their offers, Dell received two counter-offers related to its plans to go private, with bids coming in from Blackstone and entities associated with investor Carl Icahn. It is not clear whether Icahn's bid still continues.

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