Fiat Eyes Possible Opel Deal
Can Fiat CEO Sergio Marchionne add two ailing carmakers—Chrysler and Opel—and come up with one automotive success story? Maybe… By Carol Matlack Is Fiat Chief Executive Sergio Marchionne overreaching?
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Fiat says still in talks on Chrysler, posts loss
MILAN (Reuters) – Italian industrial group Fiat SpA (FIA.MI) said on Thursday it was still in talks to form a partnership with ailing US carmaker Chrysler CBS.
EMC CEO: Oracle-Sun Deal ‘Raises Stakes’ In Data Center Market
NEW YORK -(Dow Jones)- The proposed acquisition of Sun Microsystems Inc. ( JAVA) by software company Oracle Corp. (ORCL) “raises the stakes” in the expanding war for control of the corporate data center market, said EMC Corp.
Fiat Weighs Buying GM’s Opel Unit, Officials Say
By NELSON D. SCHWARTZ TURIN, Italy – Fiat, the Italian automaker, is considering an acquisition of General Motors’ Opel division in Europe, and has discussed a potential deal with government negotiators in Washington, executives at GM and …
IPod, iPhone sell at steady clip but slowdown takes a toll on Mac numbers
By Dan Gallagher, MarketWatch SAN FRANCISCO (MarketWatch) — Shares of Apple Inc. jumped Thursday after the consumer electronics maker surprised Wall Street with a strong increase in quarterly earnings powered by sales of iPods and iPhones.
Executive at Freddie Mac Is Found Dead
By CHARLES DUHIGG David B. Kellermann, the acting chief financial officer of the troubled mortgage giant Freddie Mac, was found dead Wednesday morning at his home in Northern Virginia, the police said.
Boeing posts sharply lower earnings, cuts forecast
By Christopher Hinton, MarketWatch NEW YORK (MarketWatch) — Boeing Co. reported sharply lower first-quarter earnings on Wednesday and cut its forecast for the remainder of the year, citing global economic pressures on its commercial-aviation business.
Yahoo Shares Climb On Results, Deal Speculation
By John Letzing Yahoo Inc. (YHOO) shares picked up gains Wednesday after the Web portal reported a sharp drop in first-quarter earnings that was accompanied …
Yahoo to lay off 675 after profit slides 78%
(04-21) 19:26 PDT — Yahoo Inc. confirmed Tuesday that it will cut 675 jobs, 5 percent of its workforce, as its online advertising business continued to ..
Why Yahoo shouldn’t sell search
The tech world’s worst-kept secret is that talks with Microsoft are on again. But Yahoo should think twice before selling a key part of its business.