GE today announced that it plans on spinning off its Consumer and Industrial businesses into a new company. This spin off will include the GE appliances, Lighting and Industrial systems divisions. Read the rest of this entry »

After the closing bell on Wall Street today, Anheuser-Busch received an offer of $65 per share buy out offer from Belgium Brewer InBev. This is a very handsome offer considering the Anheuser-Busch stock closed at $58.35 Read the rest of this entry »