Tesla Motors is set to transfer from the NYSE to the NASDAQ while Oracle Corp. does the opposite. The best-performing car manufacturing stock this year, Tesla Motors Inc.
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NRG Energy Announces the Initial Public Offering of NRG Yield
NRG Energy Inc announced today the initial public offering for its wholly owned subsidiary, NRG Yield.
NSW State Aims To Sell Heritage Buildings
The NSW state government expressed their intent to sell heritage building in Sydney New South Wales state government expressed their intent to sell two of Sydney's most significant heritage buildings as it enters the second round of property sales.
US Stocks Rise as Earnings Season Begins
US stocks rose for a third consecutive day yesterday. US stocks have risen for a third consecutive day as investors eagerly await the start of second-quarter earnings season amid news of euro-area finance ministers approving the aid for Greece.
Raytheon Wins New Electronic Jammer Contract
Raytheon announced that they were awarded with the deal to make the new electronic jammer for the US Navy.
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Three bidders in a race to purchase Hulu Hulu attracted three bids worth over US$1 billion from interested companies. The bidders include the partnership of AT&T and Cherin Group.
Last Monday, LVMH announced an 80% acquisition deal of Loro Piana priced at Eur2 billion. On Monday, LVMH said that it has acquired 80% of Loro Piana, an Italian luxury cashmere clothing brand.
Starboard announced that they were able to acquire a 6.9% stake in Emulex Starboard Value LP announced that they acquired a 6. 9% stake in Emulex Corp.
Nissan has completed its plans to revive the Datsun, whose operations previously ended in the 1970's.
Michael Dell has received support from Institutional Shareholder Services Inc. for the $24.4 billion acquisition of his company.
The U.K. Chancellor of the Exchequer has supported tougher rules for the banking industry George Osborne, U. K. Chancellor of the Exchequer, has supported tougher rules for the banking industry.
Greece got cash lifeline funded by the euro zone and the International Monetary Fund which spared the country from incurring debt default by August.
Alcoa Inc. reported better-than-expected performance this season. Alcoa Inc. , the largest aluminum producer in the US, reported earnings that surpassed financial analysts' estimates after its unit that provides essential components to power and aerospace companies had a better-than-expected performance.
Yanzhou of China offered to buy the remaining shares that they do not yet own in coal mining company, Yancoal
