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Submitted by Bithika Khargarhia on Wed, 11/22/2006 - 12:28 ::

Shares of Australia's Qantas Airways soared to a record high on Wednesday after it was approached by Australia's biggest investment bank, Macquarie, and US-based private equity firm Texas Pacific Grou

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Submitted by Bithika Khargarhia on Tue, 11/21/2006 - 06:12 ::

NASDAQ Stock Market Inc., the No. 2 U.S. stock exchange, on Monday again attempted to acquire London Stock Exchange and offered £2.7 billion (US$5.1 billion) to create a trans-Atlantic market, but the Europe's biggest stock exchange rejected the offer after calling it inadequate.

Submitted by Poonam Wadhwani on Fri, 11/17/2006 - 05:48 ::

Clear Channel Communications Inc. announced Thursday it has entered into a definitive merger agreement with a private equity group led by Thomas H. Lee Partners, L.P. and Bain Capital Partners, LLC, u

Submitted by Bithika Khargarhia on Thu, 11/16/2006 - 06:52 ::

Hertz Global Holdings Inc. on Wednesday announced the initial public offering of 88,235,000 shares of its common stock, and raised $1.32 billion, less than a year after three private equity firms boug

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Submitted by Bithika Khargarhia on Wed, 11/15/2006 - 10:32 ::

Wal-Mart Stores on Tuesday reported third- quarter profit that outstripped analysts' estimates, boosted by flourishing international sales and reduced prices of more than one hundred holiday season's

Submitted by Shubha Krishnappa on Wed, 11/15/2006 - 07:03 ::

The already dominating digital music player, iPod is going to get stronger, with its manufacturer, Apple Inc. striking a deal with six major carriers to have in-flight iPod connections.

Submitted by Rupak Banerjee on Fri, 11/10/2006 - 20:36 ::

The world’s largest retail store chain, Wal-Mart Stores Inc. announced on Friday that it would be cutting prices of numerous home appliances including the GE microwaves and programmable coffee maker

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