business
While some people are happy to recycle their old electronics like computers, others realize that their old computer gear still has value. Selling your old computer equipment isn’t likely to completely fund your new computer purchase, but it may certainly help defray some of the expense. Many buyers are in search of great deals on used equipment, so you simply need to tap into a … Continue reading How and Where to Sell Your Old Desktop Computer
A source familiar with the matter said on Saturday, Medical-device maker Medtronic Inc and rival Covidien, are in advanced talks to combine in a deal valued at $45 billion to $50 billion. The person said, asking not to be named because the matter is not public, the deal, which would allow Medtronic to be domiciled in Ireland where Covidien is based and thus take advantage of lower tax rates, could come as soon as Monday. Minneapolis-based Medtronic, which makes cardiovascular and orthopedic devices, has a market value of about $61 billion.
An executive vice-president of Valeant Pharmaceuticals International Inc will leave the company, even as the Canadian drugmaker fends off criticism about management turnover from its takeover target Allergan Inc . Valeant confirmed late on Friday after inquiries by Reuters, Executive vice-president and company group chairman Ryan Weldon will leave. Like Chief Executive Mike Pearson, Weldon previously worked for management consulting firm McKinsey & Co. Valeant said Weldon’s departure was planned, and takes effect after it completes a $1.4 billion sale of several injectable treatments to Nestle SA.
Before residents in southern Oregon overwhelmingly voted to ban genetically modified crops last month, farmers negotiated for months with a biotech company that grows engineered sugar beets near their fields. Their goal was to set up a system to peacefully coexist, an online mapping database of fields to help growers minimize cross-pollination between engineered and non-engineered crops. But the effort between farmers and Swiss company Syngenta failed, leading to the ban. Last October, Oregon Gov. John Kitzhaber directed the state’s Department of Agriculture to undertake something far more ambitious than that failed mapping effort — map GMO field locations across the entire state and establish buffer zones and exclusion areas for GE crops.
BlackBerry Ltd said on Thursday it has signed a agreement with EnStream LP, a mobile payments joint venture owned by Canada’s three large wireless carriers, to provide a secure platform for transactions between banks and consumers. Waterloo, Ontario-based BlackBerry has been trying to reinvent itself under new Chief Executive Officer John Chen as its phones have lost ground to Apple Inc’s iPhone and Samsung Electronics Co Ltd’s Galaxy devices.
The company’s QNX software already is a mainstay in the automobile industry, powering electronic and other systems in a wide range of cars.
Amazon’s newly announced music streaming service is yet another attempt by the company to move beyond e-commerce and infuse itself into the daily lives of Americans with an increasing number of offerings, including grocery delivery and streaming TV. The announcement comes just days ahead of the expected unveiling of the company’s first smartphone.
Starting Thursday, Amazon.com Inc. will offer more than a million tracks for ad-free streaming and download to Kindle Fire tablets as well as to computers and the Amazon Music app for Apple and Android devices.
The European Commission will launch a formal investigation on Wednesday into Apple’s tax arrangements in Ireland, Irish state broadcaster RTE reported, without naming its source. The EU’s competition authority said last year that it was looking into corporate tax arrangements in several member states and had requested information from Ireland.
Tyson Foods reportedly won a bidding war to acquire Hillshire Brands Co (NYSE:HSH) on Monday, paying $7.7 billion for the Chicago-based maker of Jimmy Dean sausage and other meat products. Hillshire Brands Co (NYSE:HSH) stock performance was -0.15% in last session and finished the day at $61.97. Traded volume was 11.07million shares in the last session and the average volume of the stock remained 4.00million … Continue reading Hot List: Hillshire Brands (NYSE:HSH), Atmel Corporation (NASDAQ:ATML), JetBlue Airways (NASDAQ:JBLU), FuelCell Energy Inc (NASDAQ:FCEL), Hospira (NYSE:HSP)
Magnum Hunter Resources Corp (NYSE:MHR) CEO Gary Evans recently shared with CNBC his belief that convenient location makes these shale deposits extremely promising. “There’s not a better growth story in the United States for gas than the Marcellus and Utica,” Evans said. Magnum Hunter Resources Corp (NYSE:MHR) stock performance was -5.54% in last session and finished the day at $8.35. Traded volume was 6.13million shares … Continue reading Top Losers: Magnum Hunter Resources Corp (NYSE:MHR), eHealth (NASDAQ:EHTH), Coupons.Com (NYSE:COUP), Relypsa Inc (NASDAQ:RLYP), EDENOR (NYSE:EDN)
Broadcom Corp. (BRCM:US), struggling to make a dent in Qualcomm Inc.’s lead in chips that connect smartphones to mobile networks, said it’s giving up on that business. Broadcom is the latest company to say it won’t try to compete in baseband with Qualcomm, whose chips connect the majority of smartphones to high-speed, Internet-capable networks. Texas Instruments Inc. and Freescale Semiconductor Ltd. (NYSE:FSL) have already dropped … Continue reading Stocks In News: Freescale Semiconductor(NYSE:FSL), Microsoft Corporation (NASDAQ:MSFT), Advanced Micro Devices (NYSE:AMD), STMicroelectronics (NYSE:STM), Toshiba (OTCMKTS:TOSYY)
