2 Japanese Steel firms Merging

This week, two more Global 5000 companies announced they were merging … Nippon Steel and Sumitomo Metal Industries.  Just watching The Global 5000 companies on a regular basis we see mergers and combinations on a regular basis. This one feels different. It is...

Chinese Bank Signs Deal to Buy US Branches

In a news report today, Industrial & Commercial Bank of China (ICBC) has agreed to a deal to buy US branches of Bank of East Asia of Hong Kong. ICBC is 70% owned by the government of China and is number 13 in The Global 5000 banking sector with approximately $70...

Numbers Can Be Head Scratchers

Like many of us these days, we have been watching for the hopeful signs of economic growth and much of the attention naturally turns to GDP and GDP growth. While we ‘kind of’  know what GDP represents, the details are best left up to the economists —...

A Merger of Utilities

This past week we noted the announcement of a merger/acquisition involving Nicor (#1536 on the Global 5000) and AGL Resources (#1839).  These are not that common in that many utility companies are either state / government owned or quasi-government. We have 120...

Airlines Flying Again

During this recession, the airlines have been hit as hard as any industry … and all who have done any travel during these years have felt it as well with reduced services.  After a year of back and forth jumping thru the regulatory hurdles, British Airways and...