Nova Capital signed an agreement to buy five brands of the Newell Rubbermaid Hardware Group in a deal worth USD 214 million.
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CORRECTED: Snowden-used Lavabit, Silent Circle email services shut down after US gov't order
Encrypted email platforms Lavabit and Silent Circle shut their services down after refusing to cooperate with the US government on data surveillance.
Observers warn volatily of Tesla stock
Industry observers cautioned bullish investors to thread carefully with Tesla stock. Although Tesla enjoys a surge in their stock prices, observers warned bullish investors to take precaution on trading decisions.
ARCP will buy single-tenant real estate at USD 416.5 million
American Realty Capital Properties Inc (ARCP) announced its acquisition of forty properties worth USD 416.5 million.
Clearlake Capital completes acquisition of Bluefly
Clearlake Capital Group closed its acquisition and recapitalization of Bluefly. Private investment firm Clearlake Capital Group announced the completion of its purchase and recapitalization of online retailer Bluefly.
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Content monetization firm Skimlinks bought InvisibleHand, an eCommerce product matching and pricing comparison platform, for an undisclosed amount.
Tesla Motor Inc. rallied 14% after posting its second quarter earnings report which helped the fortune of Elon Musk to rocket by US$570 million yesterday.
French food company Danone announced its acquisition of YoCrunch for an undisclosed amount. France-based food company Danone SA acquired YoCrunch. The deal enabled Danone to strengthen its foothold in the yoghurt market in the US.
The sovereign wealth fund of Norway said it increased its share of equity holdings from 62.4% to 63.4%.
Wells Fargo will release credit cards issued on American Express in 2014. However, industry observers see this as a potential move to rise above competition.
Several sources said that BlackBerry is currently considering the possibility of taking the company private.
Sojitz Corp said it will be investing JPY 35 billion to build four solar power plants in Japan. Japan-based general trading company Sojitz Corp said it will be initiating its first few solar power projects in the country.
Apple would be given the upper hand if the International Trade Commission decided to favor the US tech titan.
NQ Mobile Inc of China aimed to hire US tech talents through a corporate structure that includes two CEOs in two separate headquarters.
