strategic partnership
Markets
Qualcomm, Inc. (QCOM) Forms Joint Venture with China’s Guizhou Province
Qualcomm, Inc. (NASDAQ:QCOM) announced a joint venture and a strategic cooperation agreement with the provincial government of Guizhou in China.
The company also disclosed its plan to establish an investment arm in Guizhou, which will...
Markets
Berkshire Hathaway Inc. (BRK) Acquires Stake in Insurance Australia Group
Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) acquired a 3.7% stake in Insurance Australia Group (ASX:IAG) for A$500 million through a share placement. The deal was part of the strategic partnership between the companies.
The strategic...
Business
BlackBerry Ltd (BBRY) Posts Huge Losses, but Stock Soars on Foxconn Deal
BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) posted huge losses in its financial results for its third quarter fiscal 2014, however the stock price of the company soared by as much as 16% to $7.26 per share...
