SAP to Acquire Concur Technologies

Related Link: 

SAP has agreed to buy Concur Technologies, a make of expense-management software, in a deal with an enterprise value of about $8.3 billion.

LightSquared Lost $81.4 Million in August

Related Link: 

LightSquared blew through $81.4 million in August, and Philip Falcone's wireless venture has now lost $1.6 billion since it filed for bankruptcy protection in May 2012.

Conflict-Mineral Audits Barely Scratch Surface

Related Link: 

Only four out of 1,300 U.S.-listed companies sought external audits of their efforts to root out so-called conflict minerals in their supply chains, according to a new study.

Shippers Urge Alliance Approval

Related Link: 

Senior executives from container-shipping giants Maersk Line and Mediterranean Shipping flew to Washington last week to allay any doubts the Federal Maritime Commission may have over their proposed alliance.

Nike Shareholders Concerned About Sponsorships

Related Link: 

Nike executives fielded concerns about risks in athletic endorsements at their annual shareholder meeting in the wake of several high-profile suspensions of sponsored athletes for violent behavior.

Bayer to Seek Plastics IPO

Related Link: 

Bayer plans to seek an initial public offering of stock for its plastics business and focus on the company's more profitable life-sciences operations.

Bass Pro Shops Hunts for Funds

Related Link: 

Bass Pro Shops, a retailer of fishing, hunting and other outdoor gear, has hired an investment bank and is considering various alternatives for raising funds, according to people familiar with the matter.

Clorox Names New CEO

Related Link: 

Clorox said Thursday Donald Knauss is stepping down as chief executive officer and will be replaced in that role by the company's chief operating officer, Benno Dorer.

Red Hat Profit Rises on Cloud Business

Related Link: 

Red Hat Inc. said its fiscal second-quarter profit rose 15% as the software company said strong business from its certified public cloud providers helped lead to higher-than-expected revenue.

Exxon, Linn Energy to Swap More Assets

Related Link: 

Exxon Mobil Corp. and Linn Energy LLC agreed to a non-monetary asset swap that will expand the presence of Exxon subsidiary XTO Energy Inc. in the Permian Basin and increase Linn's interests in California.

Syndicate content