Automaker Ford continues to improve in net profit for the fifth straight quarter. U. S. automobile company Ford Motor Co. reported a US $1. 23 billion net income for the second quarter of 2013.
Sectors
Facebook reports 76% mobile revenue increase
Facebook Inc's revenue increase with the upsurge of users and advertisements. Facebook Inc announced a 76% improvement in mobile advertising revenue in their second quarter report, igniting a 20% share rally for the world's largest social network.
Crescent Communities appoints new VP, Asset Management Director
Crescent Communities adds construction and asset management experts Ford and Pierce into the team. Crescent Communities has announced earlier today that Jared Ford and Darren Pierce will be joining the Multifamily Development and Operations team as senior vice-president of construction and director of asset management, respectively.
Tradelab Announces Partnership with TubeMogul
Tradelab solidifies partnership with brand marketing leader TubeMogul. French trading desk Tradelab announced its strategic partnership with brand marketing company TubeMogul earlier today.
Sigma Labs closes with US$1.2 million in placement offering
Sigma Labs earned US$1.2 million from a recent private placement offering. Sigma Labs, Inc. announced that it gained US$1. 2 million in a private placement offering of shares of the company's common stock last July 18, 2013.
Latest News
Google has introduced a new-generation Nexus 7 and Chromecast to make its presence felt in mobile devices.
Holcim restructures Indian operations in an attempt to cut costs. Sweden-based cement maker Holcim has announced its plan to restructure Indian operations by increasing the company's stake in Ambuja Cements Ltd.
Flashnotes, a Boston-based start-up engaged in the buying and selling of class materials, had just received USD 1.5 million in seed funds.
Indian motorcyle maker Hero MotoCorp experiences fourth straight quarterly decline in net profit. Indian motorcycle company Hero MotoCorp reported a 10.
New sales of homes in the U.S. rose by 8.3% despite higher mortgage rates. Sales of single-family homes in the United States increased by 8. 3% despite higher mortgage rates, the Commerce Department revealed in a Reuters report.
Dell proposes an additional US $150 million to its initial bid. Michael Dell, Dell Inc. founder, increased his initial US $24. 4 billion bid with an additional US $ 150 million Wednesday.
Caterpillar, Inc. faces bleak prospects this year as inventories get reduced and mining demand weakens.
Mitsubishi UFJ plans to offer its Thai branch for a controlling stake in Bank of Ayudhya. Mitsubishi UFJ Financial Group Inc. has decided to offer for sale of its Thai branch to Bank of Ayudhya Pc1 for an 8% stake in the company, according to three sources familiar with the deal.
Yankee Candle decides to pursue IPO after an unsuccessful attempt at a private sale. Yankee Candle Co, Madison Dearborn Partners' scented-candle maker unit, decided to forego attempts at a private sale, opting for an initial public offering.
