Becton, Google, Victorias Secret: Intellectual Property
By Victoria Slind-Flor
March 19 (Bloomberg) — Becton, Dickinson %26amp; Co., the New
Jersey-based maker of medical supplies and diagnostic tools, was
sued for patent infringement by a South Carolina-based
competitor.
MedSafe Technologies [...]
Smiths Earnings Climb 21%, Beating Analyst Estimates
By Scott Hamilton
March 19 (Bloomberg) — Smiths Group Plc, the worlds
biggest maker of airport-security scanners, said first-half
earnings gained 21 percent, beating analysts estimates, on
demand for scanners from airports and cargo ports.
[...]
Whitbread, Travelodge End `Preliminary Discussions (Update5)
By Louisa Nesbitt
March 19 (Bloomberg) — Whitbread Plc, the U.K. owner of
the Premier Inn budget lodging chain, said talks with Travelodge
ended after newspapers reported that the competitors may merge.
[...]
As Bear Stearns Implodes, Spector Keeps $382 Million
By Yalman Onaran
March 19 (Bloomberg) — Warren Spector, forced out as
president of Bear Stearns Cos. last August, may have outdone his
former mentor James “Jimmy Cayne as the 85-year-old brokerage
firm imploded.
[...]
ICAP Sees Record Profit as Debt Crisis Spurs Trading (Update6)
By John Glover
March 19 (Bloomberg) — ICAP Plc, the worlds largest
broker of transactions between banks, forecast a record profit
this year as contagion from the collapse of the subprime-
mortgage market boosts trading [...]
U.K. Regulators Investigate `False Rumors on Stocks (Update4)
By Joyce Moullakis
March 19 (Bloomberg) — U.K. regulators are investigating
whether traders have been trying to manipulate financial company
stocks by spreading “false rumors.
“We will not tolerate market [...]
The FINANCIAL — Â JPMorgan received four awards of excellence at The Asian Bankers Leadership Achievement Awards ceremony, which was held in conjunction with The Asian Banker Summit in Hanoi.
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The awards JPMorgan won were:
Most Admired Leader outside of the Asia Pacific and Gulf Regions - Jamie Dimon
Jamie Dimon, Chairman of [...]
The FINANCIAL — Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB)Â on March 19Â announced that it had signed a binding agreement to subscribe to approximately 265.6 million newly issued shares in Hua Xia Bank for a total subscription price of RMB 3,909 million (approx. EUR 349 million).
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Deutsche Banks subscription is part [...]
The FINANCIAL — NYSE Euronext (NYX) and Abu Dhabi Securities Market (ADSM) have entered a cooperation agreement to jointly develop and explore new opportunities in trading systems and other related technology, investor and issuer services, and investment products.
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As part of this alliance, NYSE Euronext will provide ADSM, by [...]
The FINANCIAL — Yahoo ! Inc. (NASDAQ:YHOO)Â on March 18Â filed an investor presentation that details the Companys three-year financial plan and strategic initiatives which are expected to roughly double operating cash flow over the next three years from $1.9 billion to $3.7 billion and generate $8.8 billion in revenue excluding traffic acquisition costs (revenue ex-TAC) in [...]
