Power company Edison Mission Energy the unregulated power generation business of Edison International, having operations in dozens of U.S. states, may have to file a possible bankruptcy trying to restructure its debt of $5 billion. According to a source who…
Wednesday trading on the Amsterdam Stock Exchange saw shares of Dutch suppliers of navigation applications TomTom NV surge. Followed by a prediction of a Rabobank International analyst that the US company Apple Inc. may be interested in a takeover, the…
Macy’s, Inc. (NYSE: M), one of the leading U.S department store retailers, hiked its share repurchase program by $ 1.5 billion, amounting the whole authorisation outstanding to $1.861 billion. Through the first 9 months of the current year Macy’s, Inc.…
The rumour of Icahn Enterprises’s interest in purchasing Hewlett-Packard Company’s share booms the share value of the PC manufacturers. The news that Icahn Enterprises, is building a stake in the company regains the confidence of the investors. The market Rumour:…
FedEx Corporation is accused of overcharging its customer by billing business and Government offices at a higher residential rate, as known from the company’s sales executive through an internal E-mail. This unfair practice is continuing from last 5 to 6…
