debt

Northrop Grumman Corporation Acquires Orbital ATK for $9.2 Billion

Northrop Grumman Corporation Acquires Orbital ATK for $9.2 Billion

Northrop Grumman Corporation (NYSE: NOC) has announced the acquisition of the aerospace and defense systems company, Orbital ATK, Inc. (NYSE: OA) for $9.2 billion. Shares of Orbital ATK up about 20% after the announcement. According to a definitive ..

United Technologies to buy Rockwell Collins in a $30 Billion Deal

United Technologies to buy Rockwell Collins in a $30 Billion Deal

United Technologies Corporation (NYSE: UTX) on Monday announced to buy aircraft parts manufacturer Rockwell Collins, Inc. (NYSE: COL) for $30 billion.Under the deal, United Technologies will pay $140 per share in cash and stock for Rockwell sharehol..

Chinese Cabinet Stops Foreign Acquisitions

Chinese Cabinet Stops Foreign Acquisitions

The Chinese government is all set to put a full stop to acquisitions outside the country by domestic businesses. The move is being touted as a means to ensure that Chinese businesses do not take on excessive debt. A document has been released by the..

E-Commerce TaoBao Bidding on Debt

E-Commerce TaoBao Bidding on Debt

China’s biggest e-commerce platform TaoBao is used by millions of Chinese consumers to purchase a range of everything from food to electronics and markets more than 1 billion yuan of assets a day. Owned by e-retailing giant Alibaba Group Holdi..

True Religion Files for Bankruptcy Protection

True Religion Files for Bankruptcy Protection

True Religion Apparel Inc. (NASDAQ: TRLG) is one of the most well known jeans maker in the United States and filed for bankruptcy reorganization today. In hopes of reducing their debt, a private equity firm called TowerBrook Capital Partners propose..

After Stocks, It's Now Bonds That China Will Push For Global Approval

After Stocks, It's Now Bonds That China Will Push For Global Approval

China has been working hard to open its markets to the global investors and the Asian economy has been making big strides in this direction already. The move to get its stocks to feature in the key market benchmarks has already been a resounding suc..

Cooper Companies reported Q2 Financial Results

Cooper Companies reported Q2 Financial Results

The Cooper Companies (NYSE:COO) announced Q2 earnings on Thursday and have consequent growth through Friday. Up 7.5% the company posted strong growth and has released favorable guidance for the 2017 fiscal year.Second quarter revenue was up 8% ..