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How Babcock & Wilcox got to the split of its business
2015-06-30 19:27:18| Industrial Machines - Topix.net
Pressed by activist investors to improve shareholder returns, The Babcock & Wilcox Co. board last summer considered selling one or both the company's main divisions before deciding on the split into two companies that occurs today.
Monster turns to Kellogg's Keebler Elf to help spread the word about its headphones
2015-06-26 03:19:01| Agriculture - Topix.net
Monster has never been shy about going big when it comes to marketing. From Lamborghinis decked out in Monster gear, partnerships with sports outlets from Adidas to UFC, and high-profile celebrities, the cable-company-turned-headphone-maker that helped create the "Beats sound" uses the Beats formula to peddle its flashy wares.
Nokia A Step Closer To Becoming A Dominant Player In One Of Its Key Markets
2015-06-22 08:28:48| Telecom - Topix.net
The Nokia and Alcatel-Lucent merger is one step closer as the U.S. Department of Justice has given it the green light . The successful completion of its application in the U.S. can set a precedent for other bodies as the company will need to get approval from 17 other regulators.
Pick Up Celgene After 9% Pullback - It's Ready
2015-06-20 19:05:23| Biotech - Topix.net
The oncology treatment sector is expected grow 7% annually over next five years, and Celgene is forecast to have high double-digit earnings growth annually over next several years. Celgene Corporation is seeing a lot of success from its bone marrow cancer treatment drug Revlimid among its other cancer fighting drug products.
The shale industry could be swallowed by its own debt
2015-06-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: The debt that fueled the U.S. shale boom now threatens to be its undoing. Drillers are devoting more revenue than ever to interest payments. In one example, Continental Resources Inc., the company credited with making North Dakotas Bakken Shale one of the biggest oil-producing regions in the world, spent almost as much as Exxon Mobil Corp., a company 20 times its size. The burden is becoming heavier after oil prices fell 43 percent in the past year. Interest payments are eating up more than...
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