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Tinkler gives up half of Whitehaven stake to lenderComments OffStruggling Australian tycoon Nathan Tinkler has given up nearly half of his stake in Whitehaven Coal Ltd for about $285 million to pay down debt to a U.S. hedge fund, easing concern about a forced selldown that had weighed on the miner’s value. |
Exclusive: SunGard explores $2 billion data unit sale – sourcesComments OffSunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11. |
Precious Metals Struggle as Inflation Numbers Remain WeakComments OffYour daily recap on precious metals. |
Adobe Systems profit beats as Creative Cloud subscriptions growComments OffAdobe Systems Inc, which makes the Photoshop and Acrobat software, reported a higher-than-expected adjusted quarterly profit as demand rose for the subscription-based version of its flagship software package. |
Exclusive: Astellas looking to sell dermatology assets – sourcesComments OffJapanese drugmaker Astellas Pharma Inc is looking to sell its dermatology portfolio that could be worth between $500 million and $1 billion, according to three people familiar with the situation. |
