The Dow Chemical Company raised its bid for a rival British chemical maker, Ascot P.L.C., 2percentto to £311 million ($443 million) because Ascot will get more than expected for a subsidiary.
Utility Earnings Down ROSEMEAD, Calif., July 20 (AP) -- The energy company Edison International said today that its second-quarter earnings dropped 89percentt, a bigger drop than expected, as a subsidiary, Southern California Edison, paid more for electricity and sold less of it.
Expect a major push in the United States by its private label George line of clothing, designed by Wal-Mart's U.K. subsidiary ASDA, but sourced around the world.
Victoria Gotti, a daughter of Mr. Gotti, testified that she expected a sizable payment from Crown Books, the Random House subsidiary that published her last two works of fiction.
Kansas City Southern Railway reported it expected a net loss of five cents per share on its annual earnings due to the stoppage affecting its Mexican subsidiary.
Last year, Skype generated revenues of $551 million, up 44%% from 2007, and eBay recently announced that it expected its subsidiary to top $1 billion in revenue in 2011.
The broadcasting watchdog Ofcom is expected to investigate claims that a subsidiary of Rupert Murdoch's News Corp helped to hasten the demise of one of its British pay-TV rivals through the activities of a piracy website.
Cantor Futures Exchange, a subsidiary of Cantor Fitzgerald, expects to open an online futures market next month that will allow studios, institutions and moviegoers to place bets on the box-office revenue of Hollywood's biggest releases.
They are expected to level criminal charges against a subsidiary of the Edinburgh-based bank.
Premiere Radio Networks, a subsidiary of Clear Channel Communications, is expected to announce today that it is extending Mr. Beck's contract.
