True Religion Apparel Inc. appointed David Conn as its new Chief Executive Officer. The portfolio company of TowerBrook Capital Partners, True Religion Apparel Inc.
Investors
IBM cooperates on SEC probe of cloud revenue
IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
Merz Pharma expands market reach after acquiring Neocutis
Merz Pharma acquires Neocutis in an effort to boost its presence in the field of both medical and cosmetics.
White Deer Energy acquires J-W Measurement Company
White Deer Energy bought J-W Measurement Company for an undisclosed amount. White Deer Energy L. P. II, its affiliates and J-W Measurement Company's senior management team, bought J-W Measurement Company for an undisclosed amount.
Spotify growth doubled after expansion
Spotify's revenues in 2012 grew more than twice as much after expansion. Spotify's revenues in 2013 more than doubled to Eur435 million or US$577 million from last year.
Latest News
The recently-held talks between Apple and China Mobile could benefit both companies. The recently-concluded talks between Apple CEO Tim Cook and China Mobile Chairman Xi Guonhua could be beneficial to both, Reuters said in a report.
The rejection of Fiat SpA's request to value 54,000 Chrysler shares by the Delaware Chancery Court allowed the United Auto Worker's retiree trust case to go to trial but Fiat remained unfazed.
NXT Capital raised US $783 million after it finished its senior debt fund raising. Chicago-based NXT Capital said it closed its US $783-million Senior Loan Fund II, L.
Sweco completes the acquisition of Vectura, making it the largest single company to offer engineering consultancy in Sweden.
The Australian TV media company hopes to raise AUD $1.2 billion in an initial public offering before this year ends.
Milan-based Telecom Italia's shares fell by 6.5% after Il Messaggero reported a capital increase that the company will suppose to tackle during its board meeting scheduled August 1.
Today, the merger between King & Wood Mallesons and SJ Berwin was concluded through approval votes by partners from different locations including China, Hong Kong, London and Australia.
Gilt Groupe new chief executive officer Michelle Peluso is trying to reorganize the company to get workers energized about flash sales even as competitors see this move as a fad that would shy away investors.
Fiat failed to persuade a Delaware judge to put prices on some Chrysler shares, resulting to a delay in its planned merger.
