Industry observers cautioned bullish investors to thread carefully with Tesla stock. Although Tesla enjoys a surge in their stock prices, observers warned bullish investors to take precaution on trading decisions.
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23andMe to sell genetic information for US$99
The personal genomic and biotechnology corporation in the US would target people's DNA by selling their genetic information for US$99.
BlackBerry stocks soar by 9% after privatization reports
BlackBerry stocks soared by 9% to US$10.08 in trading on early Friday following reports about its possible privatization.
Billionire Elon Musk receives US$4.3 million of share options for his work on Model X
Billionaire Elon Musk would receive US$4.3 million in share-based pay for his recent work on Tesla's Model X sport-utility vehicle.
Nova Capital acquires Newell Rubbermaid brands
Nova Capital had agreed to purchase five Newell Rubbermaid brands. The specialist accquirer for portfolios in the corporate and private equity markets,Nova Capital, announced its entry into a definitive agreement with the hardware group of Newell Rubbermaid.
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American Realty Capital Properties Inc (ARCP) announced its acquisition of forty properties worth USD 416.5 million.
Clearlake Capital Group closed its acquisition and recapitalization of Bluefly. Private investment firm Clearlake Capital Group announced the completion of its purchase and recapitalization of online retailer Bluefly.
Cheil Industries purchased a 50% stake in German lighting company Novaled for EUR 260 million. South Korea-based Cheil Industries bought a majority stake in Novaled, a lighting company in Germany that specializes in organic light-emitting diode (OLED) structures.
American Tower Corp announced that it would be buying towers from NII Holdings for USD 811 million. For the price tag of USD 811 million, American Tower Corp (AMT) announced that it has agreed to buy 4,500 towers in Brazil and Mexico from NII Holdings.
Nova Capital signed an agreement to buy five brands of the Newell Rubbermaid Hardware Group in a deal worth USD 214 million.
Content monetization firm Skimlinks bought InvisibleHand, an eCommerce product matching and pricing comparison platform, for an undisclosed amount.
Tesla Motor Inc. rallied 14% after posting its second quarter earnings report which helped the fortune of Elon Musk to rocket by US$570 million yesterday.
French food company Danone announced its acquisition of YoCrunch for an undisclosed amount. France-based food company Danone SA acquired YoCrunch. The deal enabled Danone to strengthen its foothold in the yoghurt market in the US.
The sovereign wealth fund of Norway said it increased its share of equity holdings from 62.4% to 63.4%.
