Industry News

WORKING TOGETHER [Cape Cod Times, Hyannis, Mass.]
LafargeHolcim, the world's largest cement producer and the second biggest in India, is expected to focus on consolidation and inorganic growth options, something it had so far put on the back-burner. On the other hand, UltraTech Cement Ltd, the fifth largest in the world and the largest in India, is expected to focus on..."/>
As LafargeHolcim and UltraTech Cement achieve scale, paths diverge [Mint, New Delhi]
Infosys and Idea Cellular have corrected 10-13%."/>
Know when to hold them, know when to fold [Mint, New Delhi]
Yahoo and AOL would have been a blockbuster deal back in the late 1990 s. Now, the deal is being greeted more with shrugged shoulders than loud applause. Verizon, having acquired AOL off the scrapheap last year, is buying the core parts of Yahoo for $4.8 billion."/>
How Yahoo became an internet also-ran [St. Louis Post-Dispatch]
Capstead Mortgage Corp. announced that Phillip A. Reinsch was named president and chief executive officer. He replaces Andrew F. Jacobs, who resigned and left the board of directors."/>
Mid-Level Mortgage Management Changes [Mortgage Daily]
Micron Technology Inc., the Boise, Idaho-based solid-state storage device maker, has laid off nearly one-third of its Longmont work force after posting disappointing financial results. Jessica Erickson, president of the Longmont Economic Development Partnership, said local Micron officials told the EDP there would be 70 layoffs at the facility. The company had employed 242 people locally as of late last year, according to the EDP."/>
Micron lays off 70 workers at its Longmont facility [Daily Camera, Boulder, Colo.]
Darden Restaurants Inc., whose brands include Olive Garden, The Capital Grille and Bahama Breeze, will build a LongHorn Steakhouse as part of the new Powers Pointe retail center that's taking shape southwest of Powers Boulevard and Barnes Road, according to plans submitted to the city's Land Use Review Division. The 5,600- square-foot restaurant..."/>
LongHorn Steakhouse plans to ride into Colorado Springs with northeast side location [The Gazette (Colorado Springs, Colo.)]
Net Element, Inc. has agreed to acquire a majority interest in US-based remittance and e-wallet platform PayStar, Inc. and US-based proprietary payment processing platform Nexcharge, Inc., the company said. The parties agreed that Net Element, together with PayStar and Nexcharge, will create one or more entities into which PayStar and Nexcharge will contribute all their assets, with Net Element owning a 51%..."/>
Mobile Payment Technology Firm Net Element to Acquire PayStar, Nexcharge
Apple delivers its next business update Tuesday, there's a sense that just hanging in there might be enough to call the last three months a success. That's saying something, especially when talking about the world's most valuable company in terms of market capitalization-- and which reported $50.6 billion in sales during the first three months of the year. "Expectations are low for iPhone and the overall business," Piper Jaffray analyst Gene Munster said in a..."/>
Apple's best hope may be to hold steady as iPhone sales weaken [East Bay Times]
Yahoo carries one major unknown. Will Yahoo's billion monthly users and content such as sports and finance be enough to make Verizon a contender in a digital advertising cage fight with Google and Facebook? "If Verizon starts to build an alternative, will advertisers flock?"/>
$4.83 billion Yahoo purchase gives Verizon extended reach [East Bay Times]
Yahoo as an independent company hurts. This is the Silicon Valley pioneer that brought the world to the web and the web to the world."/>
East Bay Times Michelle Quinn column [East Bay Times]

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Financials818 Articles
Information Technology780 Articles
Consumer Discretionary674 Articles
Industrials525 Articles
Health Care475 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.