Brazil's OGX Petroleo is being rumored to have a plan of selling a stake to Malaysian oil company Petronas.
Regions
Myanmar's Agricultural Sector Sees Investment Deals from Foreign Firms
There have been many foreign companies related to agriculture that are courting Malaysia for investment plans.
UPDATE: Other Firms Ante Up on HP
HP's growth recognized by investment brokers. Following the raising of HP's prices by JP Morgan Securities and UBS, other brokers are following suit in recomputing the value of the tech company's stock.
Datalink to Expand through Acquisitions
Datalink to expand through acquisitions. Datalink Corporation is now formulating plans to use acquisitions in order to double its sales revenue to a projected US$1 billion in the next three years.
Hamilton Lane Buys Shott Capital
Hamilton Lane purchases Shott Capital. In an announcement, Hamilton Lane said it has acquired Shott Capital Management. Shott is a private equity firm that provides in kind stock distribution management services to institutional investors.
Latest News
HP Co. said it has increased its shares by as much as 11 percent with better forecasts despite analysts' claims over its problems with consumers' switch to tablets and iPads
Best Buy attempts to help Microsoft increase touch-screen computing devices by offering $100 discount to customers purchasing Windows 8 computing devices.
Rosneft and TNK-BP are expected to sign $55 billion agreement to mark one of the largest acquisitions in the oil industry.
Ferrovial is now seeking for investment opportunities in key markets after it ceased from cutting debts.
SAP acquires SmartOps for long term plans. SAP AG announced that it is in the process of acquiring SmartOps, a provider of inventory and service level optimization software programming.
LivingSocial was coerced to swallow a bitter pill for more capital infusion. LivingSocial was forced to accept large concessions in order to convince its biggest investors to infuse another US$110 million for the second largest daily deal firm.
Greenlight Capital gets restraining order against Apple Inc. A US federal judge found credence to the arguments of hedge fund manager David Einhorn versus Apple Inc.
Angel Telecom saves Vivaro from bankruptcy. In an announcement, Angel Telecom Corp said that on February 8, Next Angel LLC would come to fore. Next Angel LLC is a joint venture between Angel and Next Communications Inc and Marcatel Telecommunications LLC.
Research shows that more companies in the U.S. are set to increase their spending for 2013, implying a boost for the American economy.
