Asset sales

April 15, 2019 - 6:31 pm
NEW YORK (AP) — AT&T has sold its 9.5% share in Hulu back to the streaming TV company, leaving Disney and Comcast as its owners. Hulu said Monday that AT&T sold its stake for $1.43 billion, valuing the unprofitable Hulu at $15 billion. The Walt Disney Co. wound up with a 60% share after its...
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March 27, 2019 - 3:31 pm
BERLIN (AP) — German rail company Deutsche Bahn says it is examining the sale of its Britain-based subsidiary Arriva. Deutsche Bahn said in a statement Wednesday that its supervisory board has asked management to pursue "various options" for a sale. Arriva had a turnover of 5.44 billion euros ($6...
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Speaker of the House Nancy Pelosi, D-Calif., joined at left by Energy and Commerce Committee Chair Frank Pallone, D-N.J., speaks at an event to announce legislation to lower health care costs and protect people with pre-existing medical conditions, at the Capitol in Washington, Tuesday, March 26, 2019. The Democratic action comes after the Trump administration told a federal appeals court that the entire Affordable Care Act, known as "Obamacare," should be struck down as unconstitutional. (AP Photo/J. Scott Applewhite)
March 27, 2019 - 2:13 pm
Centene is spending more than $15 billion on rival WellCare to dive deeper into government-funded health coverage in the same week that President Donald Trump's administration renewed its attack on the Affordable Care Act. The insurer said Wednesday that its cash-and-stock deal to buy WellCare will...
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This 2009 photo provided by AquaBountyTechnologies shows a juvenile salmon raised at the company's hatchery in Fortune, Prince Edward Island, Canada. On Friday, March 8, 2019, the U.S. Food and Drug Administration said it had lifted an alert had that had prevented AquaBounty from importing its salmon eggs to its Indiana facility, where they would be grown before being sold as food. (AquaBountyTechnologies via AP)
March 08, 2019 - 10:06 pm
NEW YORK (AP) — U.S. regulators on Friday gave the green light to salmon genetically modified to grow about twice as fast as normal, but the company behind it may face legal challenges before the fish can be sold domestically. The Food and Drug Administration said it lifted an alert that had...
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February 25, 2019 - 7:32 am
BOSTON (AP) — General Electric is selling its biopharma business to Danaher Corp. for $21.4 billion as the industrial giant continues to shed pieces of itself. The biopharma unit, part of GE Life Sciences, generated revenue of about $3 billion last year. The mostly-cash transaction is expected to...
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FILE- In this Monday, Aug. 7, 2017, file photo, the Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. The Walt Disney Co. reports financial results Tuesday, Feb. 5, 2019. (AP Photo/Richard Drew, File)
February 05, 2019 - 6:12 pm
NEW YORK (AP) — The Walt Disney Co.'s first-quarter net income beat expectations as higher revenue from its media networks and theme parks helped offset a weaker movie slate during the quarter. Disney and other media companies are facing a shifting landscape as more TV watchers switch to streaming...
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FILE - In this May 10, 2017, file photo, a visitor walks past the logo of Toyota Motor Corp. at a Toyota showroom in Tokyo. Toyota Motor Corp. said Wednesday, Jan. 30, 2019, it sold 10.59 million vehicles globally last year, fewer than the 10.83 million delivered by German rival Volkswagen AG. (AP Photo/Shizuo Kambayashi, File)
January 30, 2019 - 5:23 am
TOKYO (AP) — Toyota Motor Corp. sold 10.59 million vehicles globally last year, fewer than the 10.83 million delivered by German rival Volkswagen AG, the Japanese automaker said Wednesday. Separately, the Nissan-Renault-Mitsubishi alliance reported that its combined global sales stood at 10.76...
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Ren Zhengfei, founder and CEO of Huawei, gestures during a round table meeting with the media in Shenzhen city, south China's Guangdong province, Tuesday, Jan. 15, 2019. The founder of network gear and smart phone supplier Huawei Technologies said the tech giant would reject requests from the Chinese government to disclose confidential information about its customers. (AP Photo/Vincent Yu)
January 15, 2019 - 8:05 am
SHENZHEN, China (AP) — The founder of Huawei said Tuesday his company would refuse to disclose secrets about its customers and their communication networks, trying to lay to rest concerns the Chinese tech giant might spy for the Communist government. Ren Zhengfei spoke in a rare meeting with...
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FILE - In this July 14, 2010, file photo, the Gannett Co.headquarters sign stands in McLean, Va. The Wall Street Journal is reporting that MNG Enterprises, better known as Digital First Media, is preparing to bid for newspaper publisher Gannett Co. (AP Photo/Jacquelyn Martin, File)
January 14, 2019 - 8:44 pm
NEW YORK (AP) — A hedge fund-backed bid to buy Gannett Co., the publisher of USA Today and several other major dailies, is renewing fears of consolidation and job losses — as well as a decline in the quantity and quality of news coverage — in the already battered newspaper industry. MNG Enterprises...
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FILE- In this Nov. 17, 2004, file photo Kmart chairman Edward Lampert listens during a news conference to announce the merger of Kmart and Sears in New York. As Sears teeters on the brink of collapse, there’s one man at the center of the fight for the future of the iconic retailer. Lampert plays several, often conflicting, roles in what could be the final chapter for the company that began as a mail order watch business 132 years ago. He’s been chairman, CEO, landlord, lender, and largest shareholder all at the same time. If the company survives, he wins. If it ends up liquidating, he also wins. (AP Photo/Gregory Bull, File)
January 14, 2019 - 7:59 pm
NEW YORK (AP) — As Sears teeters on the brink of collapse, one man stands at the center of the fight for the future of the iconic retailer. Eddie Lampert plays several often-conflicting roles in what could be the final chapter for the company that began as a mail order watch business 132 years ago...
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