Articles in our Industry News Section

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 -- those of the...

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...

Caterpillar Makes a Buy

Caterpillar announced they are acquiring Bucyrus International.  Caterpillar is number 2 in their industry segment and #153 in The Global 5000 list.  Bucyrus is ranked 65 in Farm and Industrial Equipment industry and #1953 in the Global 5000. This industry segment has...

Everyday Happenings – Ch 11, M&A and Divesting to Bimbo

Watching the global business wire on a dailybasis can be like looking into a kaleidoscope. It is an ever changing picture. Just this week we noted a few events that reflect the overall trends in today's world. Ambac Financial filed Chapter 11 - another financial firm...

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