It is quite certain nowadays that the Internet has become a very powerful tool which affects many aspects of our daily lives. Most of us probably cannot even remember the time how it was before the Internet (people had to meet and talk to each other – unthinkable!). There are many positive sides of the online world, such as common and equal access to knowledge … Continue reading Two sides of the Web
Software maker Oracle is buying Micros Systems Inc., which provides software and hardware to the hospitality and retail industries, for about $5.3 billion. Oracle said Monday that it will pay $68 per Micros share, a 3 percent premium to the company’s $65.77 Friday closing price. Shares of Micros gained $1.43, or 2.2 percent, to $67.20 in premarket trading Monday. Oracle said the acquisition will extend … Continue reading (NYSE:ORCL) Why is Oracle Buying Micros Systems For About $5.3B?
France’s socialist government has claimed a resounding victory for state intervention after forcing General Electric (NYSE:GE) to significantly revise its $16.9bn takeover deal for Alstom’s energy businesses, which both companies approved at the weekend. The government announced on Sunday night it had agreed terms with the French conglomerate Bouygues for its purchase of a 20 per cent state stake in Alstom, worth about €1.7bn at … Continue reading GE Alstom Deal : Impact on General Electric (NYSE:GE) Stock and Financial News + Video
Here is a selection of Software Stocks with new highs gained recently, including Adobe Systems Incorporated (NASDAQ:ADBE), Sabre Corp (NASDAQ:SABR), Hi-Crush Partners LP (NYSE:HCLP), but also Tarena International Inc(ADR) (NASDAQ:TEDU) and Kingsway Financial Services Inc. (USA) (NYSE:KFS) Adobe Systems Inc. (NASDAQ:ADBE)’s shares soared after the company posted quarterly subscriber gains that showed it is making progress in its transition to cloud software. Adobe Systems Incorporated … Continue reading Software Stocks New Highs : Adobe Systems Incorporated (NASDAQ:ADBE), Sabre Corp (NASDAQ:SABR), Hi-Crush Partners LP (NYSE:HCLP), Tarena International Inc(ADR) (NASDAQ:TEDU), Kingsway Financial Services Inc. (USA) (NYSE:KFS)
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
France is continuing to press for guarantees from contenders to buy energy assets from Alstom, as Siemens and Mitsubishi consider a joint move to challenge a formal offer from General Electric. The race to acquire power activities from Alstom, better known for its high-speed TGV trains, is entering a crucial week, with Siemens due to present an offer by Monday ahead of a June 23 cut-off date set by GE for its 12.4 billion euros bid for all of Alstom’s energy assets.
As a consequence of this latest move, GE May Improve Bid for Alstom’s Energy Units. French Finance Minister Michel Sapin said he expects General Electric Co. (GE) may improve its $17 billion offer as it competes with Siemens AG (SIE) to buy energy assets of power-equipment maker Alstom SA. “We’re not finished with improvements, on both sides,” Sapin said today on Europe 1 radio and i-Tele. Siemens’s offer becomes more attractive with Mitsubishi Heavy Industries Ltd. (7011) participating, he also said.
According to a Wall Street Journal report on Sunday, German engineering company Siemens and Japanese peer Mitsubishi Heavy Industries were close on Sunday to finalizing an offer for much of Alstom’s energy business, potentially entering a bidding war with General Electric for one of France’s industrial jewels, said people familiar with the companies’ plans. As part of the potential offer, Mitsubishi aims to buy as much as 10% of Alstom from Bouygues which holds a 29.3% stake, two of the people said. French public investment bank BPI France would buy another portion of the Bouygues stake, possibly alongside the French government, these people said. Talks were continuing late Sunday in Europe, these people said, and the final structure of the deal wasn’t set.
