Celera Considers Splitting From Affiliate as Losses Narrow
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The corporate parent of Celera is exploring whether to turn the Rockville biotechnology firm and an affiliated unit into two independent, publicly traded companies.
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The chief executive of the Altria Group, Louis C. Camilleri, said yesterday that the company might split into two or three independent entities.
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FGIC Corp, a bond insurer whose main  unit has lost its top credit ratings from all three agencies,  has told New York regulators it wants to split into two  companies, New York Insurance Superintendent Eric Dinallo said  on Friday.
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Altria, the owner of food company Kraft and the world's biggest cigarette maker Philip Morris, may split itself up to help limit the effect of legal battles.
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Watch your portfolio: Company expects a sharp loss as flash memory prices fall.
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Will the alcoholic beverage distributor's second-quarter earnings be a knockout or a split decision?
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Profit from companies that are breaking in two.
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Ceridian Corp. , whose biggest  shareholder regards a $5.3 billion takeover bid for the  human-resources company as too low, said on Wednesday it would  be prepared to consider other plans to sell itself.
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With the company's reserves running dry, investors might want to dip into a different well.
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The electronics retailer might seek bankruptcy to fend off lenders.
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Bank could be left with Virgin and Olivant bids if the rumors about Cerberus are true.
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The broadcast companyâs loss stemmed from write-downs, breakup costs and weak advertising sales.
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TORONTO (CP) - Celestica Inc. warned Tuesday that its current quarter has been much weaker than expected as the result of reduced orders from major customers.
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Struggling electronics firm considers breaking itself up in a move that could reshape the mobiles industry
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LEISURE giant Rank is considering hiving off its Deluxe film, DVD and video business after it reported a 20% fall in first-half profits.
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The Motley Fool - The booksellers have been reporting earnings this week, and it seems Borders Group (NYSE: BGP - News) might face the biggest competitive challenges of them all, considering its quarterly loss widened on a year-over-year basis.
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General Motors may restructure its European operations as it aims to trim costs in the loss-making division.