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Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook
First-quarter earnings were largely wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments. Source link
Teck Resources Again Rebuffs Glencore's $23 Billion Approach
The Canadian miner said its own plan to split into two independent companies was in the best interest of its shareholders. Source link
Carrier Plots Separation of Fire Unit
WSJ News Exclusive Business Air-conditioning company aims to sell or spin off Fire & Security business Source link
The Fatal Flaw in Credit Suisse’s Last-Ditch Attempt to Save Itself
Credit Suisse Group AG’s new-look investment bank, CS First Boston, was supposed to help salvage the lender. Instead, it may have hastened its fall. The
JD.com’s Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
Markets Stocks IPOs Chinese e-commerce giant says it plans to spin off the two businesses through separate listings Source link
JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
The Chinese e-commerce giant said it plans to spin off the two businesses through separate listings. Source link
For Alibaba, Six Is Bigger Than One—And a Smaller Target
There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same