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.
Sectors
Shriram Properties to put up INR450 crore fund
Shriram Properties confirmed that it is planning to raise INR450 crore from private equity funds for an expansion project around South Asia.
Textbook publisher Houghton Mifflin Harcourt set to launch IPO
Houghton Mifflin Harcourt rises from bankruptcy woes and is now set to file IPO Houghton Mifflin Harcourt announced that they are on the verge of filing for an initial public offering for shares in their company.
Peterson Partners welcomes new Investment VP
Private equity firm Peterson Partners names Nick Jean-Baptiste as the new investment team vice president.
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.
Latest News
WCI Communities finalizes IPO pricing at US$15 per share. WCI Communities, Inc. reported the final pricing of the initial public offering of 6,819,091 shares of its common stock at US$15 per share.
E-commerce company Zulily hires banks for possible initial public offering. Flash sales company Zulily hired investment banks as advisors for a possible inital public offering, according to sources with knowledge on the matter.
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.
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.
