Archives

Graphite Capital purchases AMS for GBP260 million

Alexander Mann Solutions was purchased for GBP260 million by private equity firm New Mountain Capital.


Commercial Bank of Qatar to issue bonds

The Commercial Bank of Qatar is set to undertake a perpetual bond issue to cover the acquisition of Turkey's Alternatifbank.

AUB looks for acquisitions overseas

Like many other Gulf Cooperation Council banks, AUB is now seeking investments overseas for diversification purposes.

Volkswagen's U.S. sales performance disappoints automaker

Volkswagen's sales in the US remained a mystery to its manufacturers. Volkswagen AG (VW), the world's third largest automaker in the world, is disappointed with its US sales, according to Bloomberg report.


Latest News

Academic textbook rental company Chegg recently priced its shares for its upcoming IPO. On Thursday, textbook rental and academic services startup Chegg said intended to raise up to USD172.
Chinese online classifieds marketplace 58.com would be selling American Depository Shares (ADS) at USD17 apiece starting today on the New York Stock Exchange.
A patent filing by Apple Inc with the United States Patent and Trademark Office revealed that the tech company would be working on a technology to allow solar energy to charge its mobile devices.
Multiple reports said Google Inc's Nexus 5 smartphone would be unveiled today, with shipments starting on November 1.
ConocoPhillips sold various oil assets located in Northern America, Asia and Africa. A Reuters report said US oil company ConocoPhillips expected to receive USD8.
U.S. consumer confidence declined to its lowest, attributed to government shutdown. Consumer confidence in the U. S. declined for five weeks straight and has reached its lowest level, according to a Bloomberg report.
IBM offered the biggest sale in securities. International Business Machines Corp. (IBM), one of the world's largest computer-services providers, is marketing the biggest bond sale worth €2.
The outlook of the Greek economy showed promise as stocks receives attention. Analysts said Greek stocks are performing well and have beaten every market while recession eased, according to a report by Bloomberg.
Warren Buffett wants more liquidity in assets to have cash when there is fear in the market. Experts said that financial investor Warren Buffett is not investing his cash pile fast enough, according to a report by Bloomberg.
Energy Future Holdings Corp planned to pay its junior bondholders in coupons to stave off bankruptcy.