North America

Tribune spinoff speeds newspaper-TV marriage end

Tribune Co plans to dismiss its newspapers from the firm’s TV business, marking the end of news broadcasting and publishing collaboration.


Miravast seals a US$60 million life insurance portfolio deal

Miravast Asset Management announced the closing of a US$60 million life insurance portfolio acquisition

WP&C annouces partnership with TKTW

Wilson Perumal & Company announced their partnership with The Key To Way. Wilson Perumal & Company (WP&C) announced their newly formed strategic partnership with The Key To Way (TKTW).

Smithfield CEO feels heat at Senate inquiry

On Wednesday, US Senators questioned the head of Smithfield Foods Inc as they looked for answers over the proposed sale of the company to China’s Shuanghui International.


Latest News

Four Springs Capital Trust announced today a completed acquisition of a 19,530 square foot property in Michigan.
Fitch Ratings reported that the start of catalysts emerging in the market could rush forward an increase in the US banking sector’s M&A activities.
Nextel and Softbank announced the completion of their merger Nextel Corporation and SoftBank Corp. announced the completion of their merger. SoftBank invested approximately US$21.
C. Larry Pope said takeover by the Chinese would not change anything. Smithfield Foods Inc. Chief Executive Officer C. Larry Pope has answered to lawmakers suspicious of the proposed acquisition of Smithfield Foods Inc.
Naspers announced that they are considering the sale of US$1 billion bonds to fund acquisitions Naspers Ltd. announced that they are considering selling as much as US$1 billion in debt to fund acquisitions.
Last Wednesday, US regulators lifted a long time ban on advertising by hedge funds and other firms. On Wednesday, US regulators lifted an 80 year old ban on advertising by hedge funds, private equity firms and other companies.
LGI Homes announced that they have submitted a draft registration statement at the SEC for possible IPO
INTL FCStone announced that they are cancelling plans to buy Cleartrade INTL FCStone Inc, a U. S. commodities brokerage announced that it has dropped plans to buy an online commodities exchange in Asia.
Ceasars rose 13% due to web-based gambling optimism. The largest owner of U. S. casinos, Caesars Entertainment Corp. , increased its value by 13% after implementing its plans to provide stocks worth around US$1.
Last quarter extended the losing streak of PC deliveries, making it the longest recorded . Personal-computer deliveries have slipped for a fifth straight quarter, the lengthiest losing streak documented, as customers continue to prefer touch-screen smartphones and tables for getting online.