GE's acquisition of a Lufkin significantly boosts GE’s oil and gas portfolio, which was worth $15.2 billion of its total $147 billion in revenues for 2012, Alic writes. Over the past three years, GE’s oil and gas segment has realized annual growth of 16 percent due to an ambitious acquisition drive.
Kmart and Sears closing will effect 120 stores nationwide. But these Sears closings might not save the company, says one analyst.
Tech stocks haven't come close to matching the record of Apple: Shares are up 3,000 percent; market cap, up 6,000 percent. Here's a look at what makes it the leader among tech stocks.
Chemical company Lubrizol fits typical Berkshire Hathaway acquisition: predictable case flow and low price-to-earnings ratio.
Analysts say Phillips-Van Heusen purchase of Tommy Hilfiger makes strategic sense.