Daily Archives: May 3, 2018

Apollo Global approaches Xerox about possible acquisition: Report

Buyout firm Apollo Global Management has approached Xerox Corp. to express interest in a possible acquisition, casting brand-new uncertainty over the latter’s sale to Japan’s Fujifilm Holdings, people familiar with the matter said on Wednesday. Apollo’s interest in Xerox has been reinforced by the appointment This particular week of John Visentin as the company’s brand-new CEO, the sources said. Visentin ...

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China added missile systems on Spratly Islands in South China Sea

Satellite images of Subi Reef by July 2012 in addition to December 2017. Source: Center for Strategic in addition to International Studies. Last week, U.S. Navy Adm. Philip Davidson, the expected nominee to replace U.S. Pacific Command Chief Adm. Harry Harris, described China’s increased presence within the South China Sea as “a substantial challenge to U.S. military operations in This ...

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Gilead hepatitis C drug sales slump, shares fall 5%

Gilead Sciences reported a lower quarterly profit on Tuesday as sales of its flagship hepatitis C drugs fell by a greater-than-expected 59 percent, sending shares of the biotechnology company down 5 percent. The company left its full-year sales outlook unchanged. Gilead said of which earned $1.48 a share inside the first quarter excluding onetime items. Analysts, on average, expected an ...

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