Investors examined Facebook's price to earnings ratio and found that US$38 each share was overvalued.
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TreeHouse Foods and TorQuest Partners agree on Associated Brands GP acquisition
TreeHouse Foods said it has forged an agreement with TorQuest Partners to buy Associated Brands GP Corporation.
Set Point Medical secures USD 27 million in financing to expand bioelectronic treatment modes
SetPoint Medical scored USD 27 million in funding from new and current investors to expand its neuromodulation and bioelectronic treatment modalities for inflammatory diseases.
ConocoPhillips announces sale of Clyden oil sands stake interest for USD 720 million
ConocoPhillips said it will be selling its leasehold in the Clyden oil sands for USD 720 million to Imperial Oil Ltd and ExxonMobil Corp's Canadian unit.
Center for Innovative Technology's CIT GAP Funds invests undisclosed sum in WealthForge Holdings
The Center for Innovative Technology (CIT)announced its investment in WealthForge Holdings Inc made through its private equity arm, CIT GAP Funds.
Latest News
Honda Motor Co announced its plans to build a new car plant in Brazil. Honda Motor Co announced its plans to build a car plant in Brazil. The investment will cost the Japanese car manufacturer USD 440.
Groupon pinned its turnaround on billionaire venture capitalist Lefkofsky who was recently appointed as the chief executive officer.
The Smartphone-like network of switches would be offered by Huawei in October to boost its market share and challenge its rival, Cisco.
State-owned China Railway Corporation announced that it will boost its investment in fixed assets this year to CNY 660 billion.
Android-powered smartphones continued to reign with its growing market share while iPhone and BlackBerry's sales plunged in the second quarter.
Sources told Reuters that Hong Kong-based Chong Hing Bank Ltd has received a potential merger and acquisition offer from a firm controlled by the Guangzhou city government.
Analysts said there's nothing wrong with Apple grabbing the silver medal since it also took a third of the global market share.
A farm-out deal was signed between Chariot Oil & Gas Ltd and Cairn Energy Plc. A farm-out deal was signed between Chariot Oil & Gas Ltd and Cairn Energy Plc.
California-based cloud and mobile testing company Soasta Inc announced that it was able to raise a total of USD 30 million in growth-stage funds.
