Archive for July 2nd, 2012

Car Manufacturing

UK manufacturing decline slows in June

The slowdown in UK manufacturing eased slightly in June, but the sector remained in recession, new figures showed today. The Purchasing Managers’ Index (PMI), compiled by the Chartered Institute of Purchasing & Supply (CIPS) and financial information services firm Markit, …

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Bank of England

Banking industry inquiry expected to be announced

The UK government is expected to announce a review of the banking industry later today, after Barclays plc (LSE:BARC) was fined for trying to manipulate the London Inter-Bank

handshake

Quest Software to be acquired by Dell for $28 per share – cash

Quest Software (NASDAQ:QSFT) shares were suspended today pending an announcement that Dell Inc. (NASDAQ:DELL) are to acquire the firm for $28 per share in an all cash deal,

cyber-security

Ixia to pay $160m for BreakingPoint Systems

US IP and wireless network test systems provider Ixia (NASDAQ:XXIA) on Monday said it would acquire security testing solutions firm BreakingPoint Systems Inc for a cash price of

Gaming

Sony unit to acquire US cloud gaming specialist Gaikai

Sony Computer Entertainment Inc (SCE), the video game unit of Japanese electronics giant Sony Corp (TYO:6758), said on Monday it had agreed a $380m (€300.5m) deal to acquire

IT

Ingram Micro to buy Brightpoint for $9.00 per share

US IT wholesaler Ingram Micro Inc (NYSE:IM) has announced it has agreed to buy US wireless supply chain solutions group Brightpoint Inc (NASDAQ:CELL) for $9.00 (€7.13) per share

pharmaceutical

Human Genome recommends stockholders reject GSK’s bid

US biopharmaceutical firm Human Genome Sciences (NASDAQ:HGSI), or HGS, reiterated its advice to shareholders not to tender their stock to the $13.00 (EUR10.30) a share hostile takeover offer

Pills

Bristol-Myers Squibb agrees $5.3bn deal to acquire Amylin

US pharmaceutical group Bristol-Myers Squibb Co (NYSE:BMY) said it had made an agreement to buy diabetes-focused biopharmaceutical firm Amylin Pharmaceuticals Inc (NASDAQ:AMLN) at U$31.00 (€24.50) in cash per

Music

Citi completes $2.2bn disposal of EMI Music Publishing

Citigroup Inc (NYSE:C) said it had wrapped up the sale of British EMI's music publishing unit to an investors' group led by Sony Corporation of America (SCA) and

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