iPhone sales led to 5% increase in AAPL. AAPL, the symbol by which Apple stocks were traded on the stock market, soared. This was after Apple reported higher-than-expected quarterly results.
North America
Yankee Candle drops plans at a private sale
Yankee Candle decides to pursue IPO after an unsuccessful attempt at a private sale. Yankee Candle Co, Madison Dearborn Partners' scented-candle maker unit, decided to forego attempts at a private sale, opting for an initial public offering.
Millionaires feel wealthy in US$5 million mark, says survey
A survey reported that millionaires feel wealthy in US$5 million mark. Not all millionaires feel wealthy, according to survey comprised of 4,500 affluent investors conducted by UBS.
Kareo acquires privately-held ECCO Health
Kareo, Inc., a medical office software and services company based in California, has bought ECCO Health.
MobileSpaces acquires USD 8.6 Million in Series B funding
MobileSpaces has acquired USD 8.6 million in Series B funding. Washington-based startup MobileSpaces announced that it acquired USD 8. 6 million from Marker LLC and Accel Partners at the close of its Series B funding round.
Latest News
The pressure is on for Apple to launch new products. Several analysts pointed out that Apple needed to launch new products soon. Now, investors were also becoming concerned about the tech giant's status in the long term.
Latest figures for Apple were released recently. According to Apple's (AAPL) most recent report, the company's third quarter fiscal revenue beat analysts' forecasts, but predicts that this quarter's revenue will settle below expectations.
Apple's chief executive officer Tim Cook said in an earnings call that the company will definitely do something for the automobile.
Insight Venture Partners has given a $35.8 million minority investment to MediaSpectrum. Insight Venture Partners has given $35. 8 million in minority equity investment to MediaSpectrum, Inc.
MySocialCloud is now part of Reputation.com. MySocialCloud, the platform that allows users to manage their logins, passwords, and other data from one place, has been acquired by Reputation.
FMC Corp said that they are set to acquire Epax, a Norwegian supplier for Omega 3 fatty acids. FMC Corp (FMC) announced that they have agreed to buy the Norwegian supplier for Omega 3 fatty acids, Epax.
Several analysts gave product-centered comments of Apple's June quarter results. The results of Apple's June quarter were out. Let's see what analysts have to say regarding the report.
CIT has named Dan Henderson as the Investment Director for CIT GAP Funds. Dan Henderson has been appointed as the Investment Director for CIT GAP Funds, according to a recent press release from the Center of Innovative Technology (CIT).
Michigan Pre-Seed Capital Fund has invested a total of $1.5 million to 6 start-ups in Michigan. The Michigan Pre-Seed Capital Fund had given funding to 6 companies in Michigan totaling $1.
