Heineken loses fizz through S&N acquisition

Heineken, the giant Dutch brewer which recently bought out Scottish & Newcastle (S&N) in partnership with its rival Carlsberg, today said the £10 billion acquisition had been a drag on first half earnings despite a rising thirst among consumers for its premium brands.

CSL to acquire Talecris for $3.4b

Blood products and vaccine firm CSL will acquire Talecris Biotherapeutics Holdings for $3.48 billion to boost its presence in the plasma therapeutics market.

News Corporation’s first-quarter profits down 30% after drop in television advertising revenue

News Corporation, parent company of The Times, reported a 30 per cent drop in first-quarter profits, as falling revenues from television advertising and declining film studio sales hit the bottom line.

HP surprises Wall Street with size of EDS job cuts

When Hewlett-Packard Co. announced five months ago it was acquiring technology-services firm Electronic Data Systems Corp., Wall Street expected big layoffs from the combined company.

The beat goes on

The right numbers are up. But momentum? That's another thing. A look back at last year's business events and trends and how they impacted the biggest 500 companies in Canada

John Wood’s ride on oil price wave looks safe for a while

As the price of oil has fluctuated in recent months, so has the share price of John Wood Group, the oil services company. Yesterday’s drop in the share price, despite an impressive set of results, proves, if proof were needed, how closely it is linked to the overall performance of the oil and gas industry in the market.