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Thyssenkrupp to sell 20% stake in steel unit to Czech billionaire Daniel Kretinsky

For Thyssenkrupp, the deal marks what it hopes will result in a balance sheet separation from a cyclical and struggling business it has been trying to sell, spin off or merge for years

Czech-republic , United-kingdom , Germany , Italy , Britain , Czech , German , Daniel-kretinsky , Miguel-lopez , Juergen-kerner , Halbach-foundation , Thyssenkrupp

Operating profit of 4 conglomerates plunges 65% last year

Four major conglomerates saw their combined operating profit plunge 65 percent last year, hit by sluggish sales amid an economic slowdown, a report showed Wednesday.

Seoul , Soult-ukpyolsi , South-korea , Seocho , Korea , Lg-group , Hyundai-motor-group , Samsung-electronics , Samsung-group , Samsung , Sk-group

Companies selected to replace crumbling, rodent-infested Newfoundland jail – again

The province says a private conglomerate called New Avalon Corrections Partners, led by Plenary Americas and PCL Investments, was the only respondent to its call for qualifications to replace Her Majesty’s Penitentiary in St. John’s

Brockville , Ontario , Canada , Log-increate-free , New-avalon-corrections-partners , Plenary-americas , Her-majesty , Brockville-jail , Jail , Province , Conglomerate

Contrasting Jardine Strategic (OTCMKTS:JSHLY) & Southland (NASDAQ:SLND)

Jardine Strategic (OTCMKTS:JSHLY – Get Free Report) and Southland (NASDAQ:SLND – Get Free Report) are both conglomerates companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, risk, valuation, dividends and profitability. Earnings & Valuation This table compares Jardine Strategic and […]

Bermuda , Southland , Texas , United-states , China , United-kingdom , America , Jardine-matheson-holdings-limited , Southland-holdings-inc , Jardine-strategic-holdings , Jardine-strategic-holdings-limited

Legendary US investor Warren Buffett admits days of 'eye-popping' gains are over

Warren Buffett has warned Berkshire Hathaway shareholders his sprawling US$905 billion ($1.46 trillion) conglomerate has virtually “no possibility of...

Oregon , United-states , Alleghany , California , American , Ted-weschler , Charlie-munger , Warren-buffett , Benjamin-graham , Todd-combs , Greg-abel , Dairy-queen

Ault Global (NYSEAMERICAN:DPW) Share Price Crosses Above Fifty Day Moving Average of $0.00

Ault Global Holdings, Inc. (NYSEAMERICAN:DPW – Get Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $0.44. Ault Global shares last traded at $0.42, with a volume of 1,725,114 shares trading hands. Ault […]

Ault-global-company-profile , Ault-global-holdings-inc , Ault-global-holdings , Get-free-report , Global-trading-down , Global-holdings , Digital-farms , Ault-global-daily , Ault-global , Nyseamerican-dpw , Dpw

Ault Global (NYSEAMERICAN:DPW) Stock Crosses Above 50-Day Moving Average of $0.00

Ault Global Holdings, Inc. (NYSEAMERICAN:DPW – Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.00 and traded as high as $0.43. Ault Global shares last traded at $0.41, with a volume of 2,241,259 shares trading hands. Ault Global Price Performance […]

Ault-global-company-profile , Ault-global-holdings-inc , Ault-global-holdings , Get-free-report , Global-holdings , Digital-farms , Ault-global-daily , Ault-global , Nyseamerican-dpw , Dpw , Conglomerate

JSW Paints revenue hits Rs 1,500 crore in April-December; set to become profitable in FY24

JSW Paints, an unlisted entity of diversified conglomerate JSW Group, on Tuesday said its revenues touched Rs 1,500 crore in the first nine months of FY24 and is confident of turning profitable in the current fiscal. The company is aiming to close FY24 with a topline of over Rs 2,000 crore, as per an official statement.

Aditya-birla-group , Sajjan-jindal-led , Aditya-birla , Parth-jindal , Jsw-paints , Revenue , Fy24 , Profitable , Topline , Conglomerate , Investments

Employees at conglomerates exceed 3 mil. for 1st time last year

The number of employees at Korean conglomerates exceeded 3 million for the first time last year, reaching 11 percent of the overall employment at local companies, according to government data Monday.

South-korea , Seoul , Soult-ukpyolsi , Korea , Lg-electronics , Hyundai-motor-group , Samsung-electronics , Courtesy-of-hyundai-motor-group , Hyundai-motor , Statistics-korea , Conglomerate

Way Too Early With Jonathan Lemire

well. on the other side of the spectrum, you have citibank who unfortunately have put forth a restructuring for the entity which has for a long time been this big conglomerate that has struggled to put along. perhaps putting a knife to the entity. 20,000 jobs are expected to be cut out of city citibank. that's one of the four banks whose share price went higher. it may be telling they're on the right track. >> arabile, we've talked about the rough weather plaguing the united states. arptss are experiencing thousands of delays and cancellations for the fourth consecutive day. give us a quick sense how airlines are dealing with these major travel disruptions. >> yeah. this is not just about weather. let's not forget you still have the united airlines and alaska

Side , Restructuring , Citibank , Entity- , Conglomerate , Spectrum , One , Knife , Jobs , Four , 20000 , Weather