Archives
Caterpillar's part suppliers are feeling the economic slowdown too
The slump business in the mining industry had led Caterpillar to reduce its revenue expectation for this year. The latest revenue projection is $48 billion which is 25 percent lower compared to the last 4 years. The reduction means not only the company will suffer, but its heavy machinery parts supplier is feeling the effects too.
Australia's Vocus to acquire its rival M2 Group for A$1.93B
Australia - Vocus Communications will purchase M2 Group for A$1.93B. The merging will be completed in 2016. Vocus Communications Ltd. had come up with an agreement to purchase M2 Group for A$1.93B, that's US$1.35B worth. The deal will be the country's biggest acquisition in the telecom industry in four months, Bloomberg reported.
Ray Donovan Season 4 Spoilers: Showrunner David Hollander dishes out plans after renewal announcement
David Hollander says Season 4 will be an emotional, big but fun season. He also talks about the show moving from LA to a still unknown city.
"Spectre" Update: Film blew up £24 million in cars; Damian Lewis to replace Daniel Craig as lead actor?
£24 M worth of high-end cars were blewn up into pieces in the upcoming "Spectre" movie. Also, Damian Lewis is reportedly the next in line to the James Bond character, if Daniel Craig decides to abandon the iconic role.