Men's Wearhouse announced that it had acquired Joseph Abboud in a deal worth US$98 million. Men's Wearhouse anounced that it had acquired Joseph Abboud, New Bedford-based suit maker, for US$98 million.
Sectors
Ipreo acquires Discovery Data
Ipreo revealed that it had purchased Discovery Data, expanding their services in the market data industry.
Pinstripe merges with Ochre House
Pinstripe Inc. announced its merger with Ochre House. Pinstripe Inc. announced that it had now merged with Ochre House. Brookfield-based Pinstripe is a recruitment process outsourcing company while Ochre House is a London-based talent management and recruitment outsourcing company .
Ramadan's impact on the economy
The Islamic holy month would again denote an increase in demand for goods and services as it lowers productivity and performance.
Ramadan revives food sector as Muslim countries spend more
The Islamic holy month of Ramadan would unite 1.6 billion believers and would directly result to the recovery of markets particularly in the food sector.
Latest News
A patent for bulk processing of liquid metal was issued to Apple's partner and affiliate. A patent issued to Apple excited iPhone fanatics and technology geeks all over the word this week.
Google experienced a heavy fall in its latest earnings report, while Apple leaped high. In 2012, the most profitable move investors could have done was to exit Apple and enter Google.
Apple's "grand vision" for the television might be skipping commercials altogether, tech analysts predict.
Pharos Capital announced that it is finalizing its exit from Pioneer Surgical as the company is acquired by RTI Biologics.
Almost two dozen tech companies requested for better transparency from the National Security Agency.
Brixmor filed for its market debut on Thursday. Blackstone Group's Brixmor Property Group Inc. finally filed for an initial public offering with federal regulators.
Orange has announced that it is considering the sale of shares to improve its capital structure. Orange, originally known as France Telecom, announced that it is now considering selling its operations in the Dominican Republic.
UBS stated that it outperformed other share-sale underwriters in the Southeast Asian Region thanks to big deals in Indonesia, Thailand and the Philippines.
Detroit's filing for bankruptcy may be traced to mismanagement and low tax revenue, according to analysts.
