Investors
Maersk Teams Up with Rivals, Expects to Boost Profit
Maersk Line merged with its major rivals and expected to boost its profit as soon as this month. (Photo : Reuters)The photo shows Maersk Line Maersk Line consolidated with its two major rivals, Mediterranean Shipping Co.
Indonesia Offers 7% Stake in Newmont mine
Indonesia offered a 7% stake in Newmont mine after long disputes of who should get the share in the copper and gold miner.
Possible Sale For Angle Energy Inc.
Angle Energy Inc is looking into putting itself on the market. (Photo : Reuters)Angle says that it may put itself on the market Angle Energy Inc said that it may put itself on the market.
Chinese Equities Advance as Consumer and Property Companies Rally
Chinese firms advanced after its stocks rose following the rally of consumer discretionary companies, property developers and coal producers.
Latest News
Yardi announced today that it has acquired Pierce-Eislen, a supplier of property and market level research.
Dentsu Inc, a Japanese advertising company looked to raised as much as Y120.1 billion in a public share sale to pay its short term debt from the acquisition deal with Aegis Group Plc.
Bharti Airtel increased its current stake in Qualcomm Inc from the previous 49% to 51% announced last Thursday.
Samsung Electronics announced acquisition of Boxee Inc, a New York based startup firm with a top box product that can record TV broadcasts and stream online videos.
Founder Steve Feinberg of Cerberus Capital Management LP decided not to go on with its planned bid for Freedom Group Inc said sources.
Fellow billionaire, Andre Esteves affected with Eike Batista's reversal of fortune (Photo : Reuters)Eike Batista's reversal of fortune affects fellow billionaire Andre Esteves Brazilian billionaire Andre Esteves is now feeling the effects of Eike Batista's reversal of fortune.
The Iraqi government may get funding from Citigroup for a proposed oil pipeline that will run through Jordan
Zynga's newly hired CEO, Don Mattrick was lured in the company with a US$50 million compensation package.
AMP Capital offered to buy US$408 million worth of stakes for Power Co. (Photo : Reuters)AMP Capital offers to buy stakes in NZ Power Co. AMP Capital offered to buy 42% stake in New Zealand's second largest gas and electric distributor, Power Co Ltd.
Crest Financial said it was supporting Sprint's purchase of Clearwire's stake after Spint increased its bid from US$2.97 to US$5.0 per share.




