Vanguard CIO chooses new heads of key groups. The new head of Equity Index Group is Joseph Brennan and included in his job description is looking after more than eighty different international and US index funds as well as exchange traded funds amounting to about US$1 trillion in assets.
North America
Boeing Acquires Acalis Microprocessor Business from CPU Technology
CPU Technology's Acalis microprocessor business has been acquired by Boeing which is seeking to address the need of its customers worldwide to protect war fighters from information-assurance attack.
MCW Group of Companies Adds British Columbia's Perez Engineering to its MCW Consultants Ltd.
MCW Group acquires Perez Engineering in line with help grow customer base in key markets The MCW Group of Cos. said that Canadian Perez Engineering Ltd.
SAP AG to Acquire Leading Optimization Software Provider SmartOps
SAP paves way to develop real-time supply chain software solutions as it plans to merge with SmartOps
LivingSocial Courts Biggest Investors to Invest Another $110 Million
LivingSocial is convincing its investors to make another huge investment for the company as it suffers from sluggish daily deal activities.
Latest News
New York Times has announced that is subsidiary Boston Globe is being valued at more than $100 million.
Consumer industry's annual meeting tackles Warren Buffett-H.J. Heinz merger Consumer Analyst Group of New York-sponsored consumer industry annual conference in Florida highlighted the acquisition of H.
Insider trading on Heinz shares prior to sale investigated by SEC and FBI. In an unprecedented move, Swiss authorities have committed to assist in the ongoing US investigation on insider trading of H.
Bond investors seek new options during leveraged buyouts. The increasing number of large leveraged buyouts or LBOs is making many investment-grade debt investors nervous, calling out the US government to institute more protection be given them in light of current developments.
KKR has offered $3.7 billion for industrial machinery maker. Top shareholders of Gardner Denver Inc. are scheduled to meet discusses $3. 7 billion offer from private equity firm KKR & Co.
Banks are now cleaning the vestiges of the 2008 market crash by dumping CDS instruments. In a house-cleaning move, several major banking institutions are trying to rid itself of the credit portfolios that had been the major cause of the 2008 global financial crisis.
Funeral home purchase expands StoneMor Partners leverage. In an announcement made today, StoneMor Partners LP acquired Seawinds Funeral Homes of Central Florida.
Office Depot reschedules nominations for new Board of Directors. In a statement, Office Depot Inc, after discussions with its largest investor Starboard Value LP, is extending its deadline in the nomination of candidates to fill the seats of its Board of Directors during its next annual meeting.
HP stock price rises in light of better returns. In a rally, HP share values increased by as much as eleven percent for the fourth quarter of 2012. This prompted at least eight brokerage houses to raise price forecasts over the stock but market analysts say that the worst is still to come for the company.
