Category : Corporate Finance News

Corporate Finance: EnCore Oil to be sold to Premier Oil

Corporate Finance: EnCore Oil to be sold to Premier Oil

Corporate finance news publications were recently abuzz with reports of EnCore Oil, a North Sea oil exploration company, being acquired by Premier Oil for £221 million. The EnCore board had put forth a recommendation of 70p per share, giving shareholders a chance to accept either hard cash or new stocks in Premier. Shares in EnCore [...]

Corporate Finance | S&P Considers Cutting Bond Rating for News Corp

Corporate Finance | S&P Considers Cutting Bond Rating for News Corp

According to corporate finance watchdogs, with News Corp. (NWS) showing record-high credit-default swaps in comparison to other media concerns — and in the aftermath of the phone-hacking scandal — Standard & Poor’s may end up cutting down the publishing giant’s bond rating. Corporate Finance | News Corp’s Rising Problems News Corp, which owns Fox TV [...]

Nokia Bids Adieu to Symbian, Shakes Hands with Microsoft

Corporate Finance News: Nokia Smartphones to Feature Windows OS   The corporate finance news grapevine is abuzz with the news of Nokia parting ways with free source software developers Symbian and joining hands with Microsoft. With this new partnership in place, the Finnish telecommunications giant’s smartphones shall be powered by Windows Phone 7 Operating System [...]

Corporate Finance | Sprint Looks At Greener Pastures as Clearwire Debt Indicates Distress

Corporate Finance | Sprint Looks At Greener Pastures as Clearwire Debt Indicates Distress

Corporate Finance News Corporate finance experts warn that bonds of Clearwire Corp. (CLWR), the company which will be completely sapped of cash by 2012 according to Standard & Poor’s, are already beginning to show symptoms of impending default. That is even as partner, and Clearwire’s largest stakeholder, Sprint Nextel Corp. has, in the typical fashion [...]

Icemaker Facing Heat Over Finances

Icemaker Facing Heat Over Finances

The current wave of North American heat may be too little too late to save the Winnipeg Arctic Glacier from a different financial ties. After enduring three years of legal challenges, the operating profit of packaged ice company collapsed so badly, that is about to default on the part of its senior debt. The company [...]

Grants to Obtain Corporate Finance Wings

Grants to Obtain Corporate Finance Wings

The exchange will create separate departments in Corporate Finance this month in accordance with a directive of the regulator of stock markets to ensure corporate governance and to bring more transparency among listed companies. The initiative, designed to make concessions of principal regulator, will also help investors obtain financial information or disclosure of the company [...]

House Committee Mulls Corporate Tax Reform

House Committee Mulls Corporate Tax Reform

Ways and Means Committee heard a group of senior corporate finance at a hearing on how the reform of business tax can encourage job creation. Hearing examines the potential benefits for businesses and workers by lowering marginal tax rates, but many executives also found himself on the firing line in recent reports of large companies [...]

Two Companies Celebrate after Scooping top Corporate Awards

Two Companies Celebrate after Scooping top Corporate Awards

Two companies are celebrating after scooping a prestigious business to be allocated. Arthur Cox clinched the award for Corporate Law firm of the Year at Northern Ireland’s first Insider Dealmakers awards. Meanwhile, the Northern Ireland branch of business advisory firm BDO managed to pick up two awards. BDO faced competition from Northern Ireland’s other major [...]

Asian Stocks Fall as Political Upheaval Imperils Global Recovery

Asian Stocks Fall as Political Upheaval Imperils Global Recovery

Asian stocks fell, sending the regional index of reference for its biggest decline in a month, with regard mounted that the instability in the Middle East and North Africa could derail the global recovery. Hyundai Engineering & Construction Co., which gets 38 percent of sales in the Middle East, fell 9.7 percent in Seoul. Chiyoda [...]

Acision Hires Karen Griffiths as Chief Financial Officer

Acision Hires Karen Griffiths as Chief Financial Officer

New Chief Financial Officer (CFO) brings strengths in corporate finance expertise and leadership Acision, the world leader in mobile data, today announced the appointment of Karen Garcia as CFO. With extensive experience and proven as CFO, Karen joined the management team to take responsibility for Acision corporate finance, services and administrative functions. With over 30 [...]