Lowe's announced that it has entered into an agreement of purchasing Orchard Supply Hardware for US$205 million plus assumption of debt.
Investors
Online marketing company SiteWit raises over $1.5m
SiteWit raised over $1.5 million in Series A funding. (Photo : Reuters)This is a clear image of how online merchants have taken center stage in the consumer industry.
Weyerhaeuser to buy Oregon and Washington timberlands
Weyerhaeuser added about 6.6 million acres of timberland to its ownership after buying Longview Timber.
Telefonica Contradicts US$93 Billion Offer from AT&T
Contradicting statements from a Spanish newspaper, Telefonica said that it has not received any expressed interest from US based AT&T.
France Telecom Directors to Decide on CEO’s Fate
Stephane Richard, CEO of France Telecom will face his fate to whether or not retain his position from the company's board after being charged with fraud at his previous office.
Latest News
Cheung Kong Holdings Ltd will undergo joint venture to acquire RAV Water Treatment. (Photo : Reuters)The image shows a boy drinking treated water from a faucet.
After GenCorp Inc. acquired Pratt & Whitney Rocketdyne, Aerojet Rocketdyne was formed with a prediction of US$1.2 billion savings over the next decade.
Brookfield Asset Management will sell its Longview Timber Holdings and its paper packaging business in separate transactions for US$3.68 billion.
Amazon took over Webvan, an online grocery firm, twelve years after being shut down. (Photo : Reuters)The image is the logo of Amazon. com Webvan, an online grocery start up, may have been the single and most expensive flame out of the online era.
MMTC Ltd. planned to raise 400 billion rupees through asset sales that were set at discounted 71% minimum bid price.
Macro hedge funds are using the recent sell-off in the Mexican peso as a buying opportunity. (Photo : Reuters)The image shows different currencies against the US dollar.
Dole Food Corp board of directors to be investigated for allegations of breach of fiduciary duties and other violations.
Pope Francis, in the bid to reform the Vatican bureaucracy, appoints Monsignor Ricca to manage the Vatican Bank.
The PIMCO Total Return Fund lowered its holdings of US Treasuries and mortgage debt in February as shown in the fund's website on Monday.
