3M Buys Filtration Company For $1.35 Billion
3M is buying filtration company, CUNO in an all cash deal for about $1.35 billion or $72 dollars per share.…
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Tag: Corporate Finance
Disney Profits Rise 30 Percent
The entertainment company's stock slipped in trading after the company inadvertently sent out an e-mail with earnings information.
Delta May Be In Trouble
Delta Air Lines may have to file for bankruptcy in the next few months because it is not generating enough…
GM Disappointed With $1.1 Billion Loss
General Motors reported that consolidated net income for the first quarter of 2005, including special items, was a loss of…
Adobe To Purchase Macromedia
Adobe Systems is acquiring Macromedia in an all-stock transaction valued at approximately $3.4 billion.
PETCO Files For Deadline Extension on Form 10-K
PETCO Animal Supplies announced that it is filing a Form 12b-25 with the Securities and Exchange Commission for a 15-day…
IBM Profits Disappoint
Earlier this month, IBM announced its intention to expense equity compensation in the first quarter.
Anheuser-Busch Increases Economic Interest in Tsingtao
Tsingtao Brewery and Anheuser-Busch jointly announced that Anheuser-Busch has increased its economic interest in Tsingtao to 27% upon its conversion…
Krispy Kreme’s $225 Million Financing
Krispy Kreme Doughnuts announced that its subsidiary, Krispy Kreme Doughnut Corporation, closed senior secured credit facilities aggregating $225 million...
Circuit City Pushes Back Earnings Report
Circuit City issued an update regarding the Company's scheduled year-end earnings announcement.
