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Brown Shoes divests online Shoes.com unit

2014-12-16 11:02:00| Daily apparel & textile news and comment - from just-style.com

Footwear business Brown Shoe has sold its online business, Shoes.com, as it looks to invest in more strategic omni-channel, online and mobile efforts.

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Emerson to sell power transmission unit for $1.4 billion

2014-12-15 14:02:27| Electronics - Topix.net

Emerson has agreed to sell its Power Transmission Solutions business unit to Wisconsin-based Regal Beloit Corp. in a deal valued at $1.44 billion. Proceeds from the deal, which is expected to close in the first quarter of 2015, will be used to repurchase shares.

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SABMiller, Coca-Cola Co and Coca-Cola Sabco name CEO for Africa bottler unit

2014-12-12 12:43:00| Daily beverage news and comment - from just-drinks.com

SABMiller, the Coca-Cola Co and Coca-Cola Sabco have appointed a CEO for their new combined venture in Africa.

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Roche says head of Genentech research unit to retire

2014-12-12 10:13:57| Biotech - Topix.net

The Swiss firm said on Friday Richard Scheller, 61, had decided to retire as head of Genentech Research and Early Development -- known as gRED -- on Dec. 31. Michael D. Varney, who currently leads the company's small molecule drug discovery unit, will take over as head of gRED and become a member of the enlarged corporate executive committee. Scheller is the latest high-profile departure from Genentech, seen as the main driver of the company's drugs pipeline having produced Roche's three top-selling medicines since 2011 as well as new breast cancer drugs Perjeta and Kadcyla.

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Canada to probe Apple unit over anti-competitive practices

2014-12-12 09:17:00| Telecompaper Headlines

(Telecompaper) Canada's Competition Bureau has launched an investigation into alleged anticompetitive behavior by Apple's Canadian unit over the iPhone contracts it signs with telecoms operators. The anti-trust agency said it had received allegations from unspecified sources that the contracts between Apple Canada and local operators contained "anti-competitive clauses." The Competition Bureau didn't specify which clauses it is investigating but said it would be requesting court permission to force Apple Canada to provide it with records and other information. However, it cautioned that "there is no conclusion of wrongdoing by Apple Canada Inc. at this time, and no application has been filed with the Competition Tribunal or any other court to seek remedies for any alleged anticompetitive conduct."

Tags: canada unit apple practices

 

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