Falcon Oil & Gas Co said that they have in the process of acquiring shares from remaining FOGA shareholders.
Deals
UKAR sells Northern Rock portfolio for GBP400 million
UKAR announced the sale of a Northern Rock portfolio to JC Flowers and Marlin Financial. UK Asset Resolution (UKAR), also known as Britain's 'bad bank', announced that they have agreed to the sale of a Northern Rock portfolio.
Freee receives $2.7 million in Series A funding
Japanese software firm freee has received $2.7 million in Series A funds from DCM and Infinity Capital Partners.
7 Countries where Windows Phone outsell iPhone
According to IDC, there were seven countries where Windows Phone outsold the iPhone. The Head of Public Relations at Microsoft, Frank Shaw, published a blog which tallied the progress of Microsoft.
CBA plans to exit real estate business
The Commonwealth Bank of Australia announced plans to exit the real estate business. Commonwealth Bank of Australia (CBA) said that they are in the process of seeking an avenue to leave its property management business.
Latest News
Dwyane Wade and Siohvaughn Funches agreed on the terms of their divorce settlement. Dwyane Wade and Siohvaughn Funches agreed on their divorce settlement.
Google has 25% share in the internet traffic coming from North America. Data from Deepfield, an analytics firm, indicated that Google took 25% internet traffic in North America.
‘Tiger cub’ Laffont was bullish on content but not Apple. Philippe Laffont, a hedge fund manager at Coatue Management, did not seem too optimistic when asked about his opinion of Apple.
Sonic Automotive's Q2 profits dropped because of debt retirement charges, while its sales increased.
Selway Capital Acquisition Corporation said that they have entered a US$5 million loan and security agreement with Partners for Growth III L.P.
Cisco said that they will pay US$2.7 billion to buy back Sourcefire. Cisco Systems Inc. announced that they have agreed to buy back the cyber security firm Sourcefire for US$2.
Adobe Systems Incorporated has acquired Neolane for $600 million. Adobe Systems Incorporated has completely acquired Paris-based Neolane for $600 million.
Most Sonic stores faced problems with the recently rolled out "True Price" program. For the past quarter, Sonic focused on moving its dealerships to its "True Price" structure.
“We are moving forward,” said Huma Abedin, who seemed to have forgiven her husband. Huma Abedin may not have wanted to be in the spotlight. However, thanks to a sexting controversy, now, she was facing reporters along with her husband.
