PSEi joined regional rally. The Philippine Stock Exchange index has joined the regional rally. The benchmark index closed at 6,360. 73, a rise of 52. 55 points or 0.
Sectors
Microsoft officially concludes InRelease acquisition
Microsoft announced that it had officially concluded InRelease acquisition. Microsoft has now officially reported that it has concluded the purchase of InRelease, InCycle's business venture unit, a few weeks following the deal was revealed.
Prometheus Group completes minority recapitalization deal with TA Associates
Enterprise application software company secures minority recapitalization from TA Associates but the deal's details were not released.
WineDirect-Vin65 and VinTank merges to combine social media and commerce
WineDirect and Vintank would merge to increase revenues through social media and commerce. Vin65, a firm of WineDirect, and Vintank formed an exclusive alliance to connect the social media data of wine industry with the ecommerce records of their clients.
Palatine gets GBP 150million financing
Palatine secures GBP 150 million funding after the close of its second fund. Manchester-based Palatine Private Equity secured funding amounting to GBP 150 million, 55% of which were commitments from overseas investors at the close of its second fund.
Latest News
Bank of Japan was optimistic about the country's economic recovery. The Bank of Japan (BOJ) was more optimistic when describing the country's economic condition.
Mission Federal Credit Union's Credit Union Service Organization (CUSO) announced acquisition of Autoland Inc, a national car buying service provider.
MSC reported that its buyout and acquisition program caused profits to slide. MSC Industrial Direct Co. , one of the biggest public firms based on Long Island, said Wednesday its financial third-quarter net income dropped 11.
Oryx Petroleum stated it wanted its Kurdistan operations expanded. Canada's youngest publicly traded oil venture company, Oryx Petroleum Corp. , is examining whether or not a property near its main Kurdistan development has identical natural reserves.
Monitronics International signed today a definitive agreement for the acquisition of Security Networks LLC priced at US$487.5 million in cash and newly issued shares amounting to US$20 million.
MiX Telematics announced its IPO plans and wants to hit big. MiX Telematics aims to hit big in its market debut amid a hospitable atmosphere among cloud tech venture companies.
EasyJet shareholders, Standard Life Investments and M&G Investments, were positioned to support an order for 135 Airbus SAS jets.
Sony's Kazuo Hirai: His priority for the company would be consumer electronics. Chief Executive Officer of Sony Corp. Kazuo Hirai, who is currently under pressure to sell shares of the firm's entertainment division, stated that turning around the troubled consumer electronics operation is his team's greatest priority.
According to analysts, the Ackman hedge fund and FedEx rumors are false. Rumors of Bill Ackman, a hedge fund operator, supposedly raising money to buy shares in FedEx were false, say analysts.
