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overseas subsidiaries

Cisco to proceed with $3.4 billion Tandberg deal - Yahoo! Finance

Cisco, the world's largest computer networking equipment maker, said holders of 89 percent of Tandberg shares have agreed to the company's $30.32-per-share offer as of Thursday, when the bid expired following a two-day extension. That is just shy of the 90 percent threshold Cisco had set to...

Cisco nears completion of Tandberg takeover - Yahoo! Finance

Companies: Cisco Systems, Inc. Cisco said 84 percent of shareholders in the Norwegian group have backed its 170 kroner ($30.32) per share offer so far -- getting closer to the 90 percent threshold it needs to close the deal. The announcement comes a day after Cisco announced...

Cisco extends deadline for Tandberg bid - Yahoo! Finance

Companies: Cisco Systems, Inc. Cisco increased its bid for Tandberg -- the world's largest provider of videoconferencing equipment for business users -- on Nov. 16 to 170 kroner ($30.23) per share from its initial offer of 153.5 kroner and set the offer period to end Tuesday....

Telstra reaffirms its full year guidance

Wednesday October 28, 2009, 1:49 pm Telstra Corporation Ltd has reaffirmed its full year financial guidance of low, single-digit revenue growth. Chief executive David Thodey also said his strategy would not lead to a fundamental change in Telstra's direction, but recent...

Telstra on track, no change in direction, says CEO David Thodey | Business Breaking News | News.com.au

Chief executive David Thodey also said his strategy would not lead to a fundamental change in Telstra's direction, but recent investments in technology upgrades would be used to improve customer service, expand into developing and adjacent businesses, and offer online customer...
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Obama crackdown on tax loopholes

President Barack Obama has proposed outlawing offshore tax-avoidance techniques in a move that could hit US corporations with overseas divisions.

Obama to reform overseas tax code

President's plan aims to crack down on tax havens and reduce incentives for companies to create jobs overseas.