Sectors
American Homes 4 Rent plans to raise US$793 million from IPO
American Homes 4 Rent announced that they are expecting to raise US$793 million from the public offering of their common shares.
RealtyTrac: Home flipping profitable but tapering off in markets with distressed bargains
According to RealtyTrac, home flipping was profitable but tapering off in markets with distressed bargains.
Unusual sector start-ups draw interest of venture capitalists
Two unusual sector start-ups drew the interest of venture capitalists during the second quarter. New England venture capitalist invested in home building and telecommunications during the second quarter.
Maryland received US$320 million in venture capital funds in the second quarter
A PricewaterhouseCoopers report revealed that venture capitalist invested around US$320 million into Maryland last quarter.
Latest News
RetailMeNot priced its IPO at US$21 per share. The largest digital coupon marketplace in the world, RetailMeNot, announced the price of its shares that were up for grabs in its initial public offering.
Puerto Rico's PREPA announced that they are set to announce the pricing for their mid-August bond deal.
Woodall Nicholson stated that a group of three investors have acquired the coach-building company. Woodall Nicholson Group has been acquired by a partnership of three Manchester-based investors.
Yelp acquired SeatMe for US$12.7 million. Yelp acquired SeatMe, an online reservation service, for US$12. 7 million. SeatMe will compete with OpenTable in the restaurant reservation scene.
Enel Green revealed plans to expand its geothermal technology while global market for it is still young.
ECWA mergers to pay debt caused WNY water bills increase. Mergers with Erie County Water Authority (ECWA) were mostly done to pay off debt. These debts were mostly caused by the localities' mismanagement.
Charter Communications is set to work with Goldham Sachs Group for the Time Warner bid. Charter Communications Inc. announced that they will be working with Goldman Sachs Group Inc for the Time Warner Cable Inc bid.
A new patent filing to the US patent office showed that Apple developed technology for wireless dashboards.
Rural/Metro Corp. stated that it was in a position that made them miss a critical bond payment, hinting at the company's financial troubles.
LG Display Co., Apple's screen display provider, announced today that it will expand its client base.