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CIBC's second-quarter profit jumps on capital markets strength - Vimarsana News

CIBC's second-quarter profit jumps on capital markets strength

Canadian Imperial Bank of Commerce reported a rise in second-quarter profit on Thursday, driven by robust performance in its capital markets and direct financial services segment. The...

Canada's BMO misses profit on high loan loss provisions, US weakness - Vimarsana News

Canada's BMO misses profit on high loan loss provisions, US weakness

By Nivedita Balu and Arasu Kannagi Basil (Reuters) -Bank of Montreal missed analysts' estimates for quarterly profit on Wednesday, hemmed in by weakness at ...

UK's M&S names Rightmove's Dolan as finance chief - Vimarsana News

UK's M&S names Rightmove's Dolan as finance chief

Marks & Spencer said on Wednesday it has appointed Alison Dolan as its chief financial officer, days after the British retailer smashed profit forecasts and announced its first yearly dividend since...

Catalent stockholders approve buyout by Novo Holdings - Vimarsana News

Catalent stockholders approve buyout by Novo Holdings

(Reuters) - Catalent said on Wednesday its stockholders have voted to approve Novo Nordisk parent's $16.5 billion bid to take over the contract manufacturer. In February, Novo Holdings had agreed to buy Catalent, a key manufacturing subcontractor o...

Source: kelo.com
Activist investor Elliott takes $2.5 bln stake in Texas Instruments, CNBC reports - Vimarsana News

Activist investor Elliott takes $2.5 bln stake in Texas Instruments, CNBC reports

Activist investor Elliott has taken a stake worth $2.5 billion in Texas Instruments and urged the chipmaker to improve its free cash flow, CNBC reported on Tuesday. Texas Instrument's...