Unnamed investor bids top price for Steinway shares

Steinway Musical Instruments said that another investor topped the USD 35 per share offer of Kohlberg & Co with a bid of USD 38 per share.


Thames Water Set to Increase Charges

Thames Water Set to Increase Charges and is seeking its regulator's permission. Thames Water Utilities Ltd, the largest drinking water and wastewater management services company in UK, sought the permission of Oftwat to raise prices.

Blackberry sets up committee to look into strategic alternatives

Blackberry announced the creation of a committee to look into strategic alternatives like joint ventures, partnerships and sales to help revive the company.

Greece sells 33% OPAP stake to Emma Delta

Greece completed the sale of the 33% stake it held in OPAP SA to Emma Delta fund for EUR 652 million.


Latest News

HTC Corp was said to have paid USD 10 million to Robert Downey Jr to endorse the brand in a TV commercial.
PAL Holdings Inc assistant corporate secretary announced that the joint venture of Philippine Airlines with a Cambodian firm would be finalized this October.
Medtronic purchased Cardiocom for USD 200 million in cash. Medtronic Inc, the world's largest medical technology company, bought Cardiocom Llc for USD 200 million.
In an editorial on the Daily Telegraph, Prime Minister David Cameron gave his backing for hydraulic fracturing.
A unit of San Miguel Corp remained the only bidder for ALECO after Aboitiz Energy and Manila Electric backed out.
Japanese printer maker Brother Industries opened a new manufacturing plant in the Philippines. Brother Industries, a printer maker based in Japan, opened a new manufacturing facility in the First Philippine Industrial Park in Batangas.
California's legislation to "bottle the sunlight" attracted venture capitalists and other major companies in an energy race to 2020.
Mexico’s policies on making their oil and gas resources hands-off from private companies has lasted 75 years. They now intend to reform these laws, seeing a potential massive growth since its North American Free Trade Agreement (NAFTA) about twenty years ago.
The Perseid meteor shower's annual show is set to occur in the next few weeks. The annual Perseid meteor shower would be occurring tonight. Around this time each year, the Earth would be passing through the intergalactic orbit of a comet named Swift Tuttle.
The latest winner of the Powerball jackpot face great financial issues in the future. One of the largest prizes for a Powerball lottery was won by a group of New Jersey employees.