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corporate

MetLife Down 1%; Plans to Reduce Holdings of Debt by Financial Firms

Published on Thu, 03/10/2011 - 13:15
By Stephanie Shyu

The insurer owned $160.7 bln of corporate bonds at the end of 2010.

"We see opportunities to lower the percentage of our business in the financial community, and banks, European banks, so forth and so on," said Henrickson.

banks, bonds, business, ceo, corporate, debt, financial, insurance, insurer, investment, investor, met, metlife, robert henrikson

MetLife Inc. (MET) is down 1.19% to $45.75 after announcing plans to reduce debt holdings issued by financial firms, Bloomberg reported, quoting its CEO Robert Henrikson at an investor presentation.

By Stephanie Shyu
sshyu@fnno.com

Pulse Electronics receives unsolicted proposal from Bel Fuse

Published on Tue, 03/01/2011 - 10:18
By Stephanie Shyu
bel fuse, belfb, board, committee, corporate, directors, election, electronics, financial, legal, puls, pulse, shareholders, shares, stock

Pulse Electronics Corporation (PULS) has received an unsolicited proposal from Bel Fuse (BELFB) to acquire all of the outstanding shares of Pulse Electronics for $6.00 per share. The Pulse Electronics Board of Directors will revie

By Stephanie Shyu
sshyu@fnno.com

Sector Update: Consumer - February 24, 2011

Published on Thu, 02/24/2011 - 10:25
By Stephanie Shyu

Sears Holdings Corp. (SHLD) is up 2%, buoyed by 2010 fourth quarter adjusted EPS of $3.67 compared to $3.69 a year earlier and the Street view for $3.60. Revenue slipped less than 1% to $13.14 billion from $13.25 billion but toppe

avaya, bruce johnson, ceo, consumer, corporate, dish, earnings, eps, financial, fiscal, imax, kohl's, kss, louis e'ambrosio, market, network, premarket, retail, revenue, sales, sears, sears holding, sector, shares, shld, stock, stores, succeed, target, tgt, wall street

Consumer shares are mostly down in Thursday's pre-market. The sector is packed with action today, with news from heavyweights such as Dish Network (DISH), IMAX Corp. (IMAX) and Target Corp. (TGT).

By Stephanie Shyu
sshyu@fnno.com

Microsoft Up 0.2% After Reported Management Shake Up

Published on Tue, 02/08/2011 - 13:16
By Stephanie Shyu

Personnel changes could be announced as early as this month, the report said.

Microsoft shares are up $0.04, or 0.15%, to $28.23.

microsoft, msft, computer, software, tech, management, executive, engineering, personnel, organization, corporate, structure, shares, financial

Microsoft (MSFT) shares are higher, following a Bloomberg report that the software giant is planning to shake up management further as it looks to add senior product executives with an engineering background.

By Stephanie Shyu
sshyu@fnno.com

Morgan Stanley Upgraded Global Payments To EW From UW, Upped

Published on Fri, 12/17/2010 - 10:08
By FNN Staff
global, payments, nyse, gpn, stock, rating, price, electronic, financial, corporate, government, merchant, transfer, accounting, morgan, stanley, analyst, ms

Morgan Stanley upgraded Global Payments (NYSE:GPN) to equal-weight from underweight and raised its price target to $44 from $35. Global Payments Inc. provides electronic transaction processing, information systems, and services.

By FNN Staff
root@fnn-online.com

Molecular Insight Cratering More than 70% on Bankruptcy Fili

Published on Fri, 12/10/2010 - 09:30
By Anonymous
molecular, insight, pharmaceutical, mipi, finance, savitr, capital, corporate, chapter11, bankruptcy, filing, premarket, shares, fnn

By Anonymous

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