updated - December 11, 2018 Tuesday EST
Morgan Stanely will be cutting 1,200 jobs, including about 470 traders and salespeople in the company’s fixed-income and commodities business, a person with knowledge of the matter told Bloomberg.
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International Business Machines Corporation (IBM) has announced in a press release that it has acquired Clearleap, Inc., a provider of cloud based video service.
Yahoo!, Inc. will not be pushing through with its spinoff of its stake in Alibaba Group Holding Ltd., sources have told CNBC. The company would instead examine a deal that would involve its core business and its stake in Yahoo Japan.
Keurig Green Mountain, Inc. has announced in a press release that it will be acquired by an investment group led by JAB Holding Company for approximately $13.9 billion.
Pacific Investment Management Co. (PIMCO) has announced in a press release that it is forming a Global Advisory Board to provide insight on the company’s global economic, political, and strategic developments.
BBCN Bancorp, Inc. has announced in a press release that it entered into an agreement with Wilshire Bancorp, Inc. to combine in a strategic merger of equals. The transaction would create the only super regional Korean-American bank in the U.S.
The Federal Trade Commission (FTC) has announced in a press release that it has filed an administrative complaint against Staple, Inc.’s proposed $6.3 billion acquisition of Office Depot, Inc., citing reduced market competition.
Ferrovial SA, one of the largest global infrastructure operators and city services managers, has announced in a press release that it has submitted an offer to acquire 100 percent of all shares of Broadspectrum Ltd for 1.35 Australian dollars per share.
CMA CGM, a French container shipping company, has announced in a press release that it will be acquiring Neptune Orient Lines (NOL). The acquisition will enable CMA CGM to reinforce its position in the container shipping industry.
Sony Corporation has announced in a press release that it will be acquiring Toshiba Corporation’s certain semiconductor fabrication facilities for a reported $155 million.
Electrolux has announced in a press release that General Electric (GE) has terminated its agreement to sell its appliance business to Electrolux for $3.3 billion.
Hostess Brands LLC is in talks to acquire Give and Go Prepare Foods Corp., the Canadian maker of thaw-and-serve sweet baked goodies, people familiar with the matter told Reuters.
The U.S. Department of Justice antitrust division has subpoenaed Mylan N.V. for information, according to a report from Reuters.
Williams-Sonoma, Inc. has announced in a press release that Charles E. “Chuck” Williams, the founder and director emeritus of the company have died. Williams, who was 100-years-old, died of natural causes.
Pepperidge Farm's lawsuit reportedly claims Trader Joe’s Crispy Cookies too closely resemble the company’s Milano cookies both in look and package design.
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