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Suit Filed against Union Pacific

A wrongful death is filed against Union Pacific Railroad Company alleging negligence. (Photo : Reuters) Renee Ammari, 21 and Tanya Sayegh, 18 died of critical injuries after a Union Pacific Railroad Company train ran down their stalled vehicle near the Mission Inn Avenue grade crossing in Riverside, CA last October 31, 2007.


Juniper Network Expands LTE Deployment for Mobile Carriers

Juniper Network employs high security systems for its mobile carrier clientele. (Photo: Reuters) The industry leader in network innovation, Juniper Networks has unveiled a new line of security cards for specific use for its SRX5600 and 5800 Series Services Gateways.

Bombardier signs possible $3.42 billion deal with Ilyushin Finance Co

Bombardier agrees to sell for up to 42 new C-series jets to Ilyushin Finance Co in possible $3.42 billion deal

Forstmann Little to sell talent agency IMG in possible over $2 million sale

Private equity company decides sale of its sports and modeling talent agency IMG and is looking for an investment bank to lead the auction.


Latest News

ExxonMobil purchases Celtic Exploration (Photo : Reuters) In compliance with the Investment Canada Act, the Canadian Minister of Industry has recently announced the approval of the acquisition by ExxonMobil Canada Ltd of Celtic Exploration Ltd.
CSC divesting interest in ESI. An agreement was recently reached by CSC and Itochu Techno-Solutions Corporation (CTC) together with the ITOCHU Corporation for the sale of the Enterprise Systems Integration (ESI) unit at CSC.
Essex Property purchases Fox Plaza property Essex Property Trust, Inc. , one of the foremost property developers in the West Coast has expanded in its property interests in San Francisco, California with the recent purchase of the Fox Plaza.
Forstmann Little is now deep into preparation for the sale of IMG, the sports and modelling agency. IMG, one of the most prominent talent agencies in the world who represents such names as Serbian tennis superstar Novak Djokovic as well as Brazilian supermodel Giselle Bundchen-Brady has recently been put up for sale.
Pinterest wins US$200,000 funding to increase value to US$2.5 billion. (A screen grab of the home page of Pinterest. com) Pinterest, the most popular online image pinboard recently won US$200 million worth of new funding for its operations.
UBS has recruited former Morgan Stanley adviser Henry Berkley as it competes in pooling top advisers in the U.S.
Cangene has decided to close its acquisition of the hemophilia compound as Inspiration Biopharmaceuticals faces bankruptcy proceedings.
Aperam has teamed up with two steel makers to purchase the plant owned by Outokumpu, which has been aiming to get regulatory approval for purchasing a steel business in 2012.
Investors at Japan Tobacco has been selling their shares following the decision of Japan's government to sell its stake at the world's third-largest tobacco company.
Aeolus enters agreement with accredited investors on private placement financing worth of 3.2 million dollars