Don Perignon, other luxury wines invest in rural China

Luxury wine brands said they will be investing in China. Big names in the wine industry such as Chateau Lafite-Rothschild and Dom Perignon announced today that they will pursue investments in China's rural areas.


Industry analysts expect high car sales for July

Analysts in the car industry said they are expecting high car sales for July. As the car industry awaits the sales reports of automakers, analysts said they are expecting a 14% to 16% rise in automobile sales for July.

Federal Reserve gives no hints of bond buying reductions, describes US economic growth as "modest"

The Federal Reserve gave no indication that it intends to reduce its bond purchases, at least for now.

IP Global and DeVere Group announce global partnership

IP Global and the DeVere Group announced the formation of a landmark global partnership. IP Global and the DeVere Group announced the formation of a landmark global partnership.


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According to sources, Compuware revamped its efforts to sell itself by looking for new buyout firms.
MidAmerican Energy Holdings Co is set to issue US$5.6 billion worth of securities to investors. MidAmerican Energy Holdings Co announced that they plan to issue an estimated US$5.
North Carolina based Telecommunications equipment maker, CommScope Holdings Co announced that they have filed the necessary documentations for an initial public offering.
Fire Eye Inc, the cyber security firm owned by former McAfee CEO Dave Dewalt, announce that they have filed documentation for an IPO to raise an estimated US$175 million.
Yahoo acquires Rockmelt Inc. for a deal valued at USD50 million according to sources familiar with the matter.
Cox president and officials from Liberty Media have engaged in discussion for a possible merger with John Malone's Charter.
Illinois Tools Works Inc. looked into buying back USD6 billion shares after investor Ralph Whitworth placed the company under pressure to increase its profit.
Terra Firma Capital Partners agrees to sell its gas distribution company to Hasting Funds Management Ltd for a deal valued at GBP7 million.
Today, Actuant Corporation announced signing a deal to acquire Viking SeaTech for USD90 million. Actuant Corporation was established in 1910 and operates as a diversified industrial company with businesses in more than thirty countries.
Yes Bank Ltd announced that they are in the market to secure a US$250 million refinancing deal for the company's loans.