A. Schulman Inc dropped its bid for Ferro worth US$563 million after being ignored for months. A. Schulman Inc, a chemical producer, announced that it withdrew its bid for Ferro Corp.
Sectors
Wall St Week Ahead: There’s No Need to Fear Good Stocks News
According to data shown by the US government, higher jobs were created last June that totaled to 195,000 from the previous forecasted of 165,000 job generation.
Transatlantic Monetary Divide Accelerates Dollar Surge
The interest rates of US are expected to increase within 14 months that should have the world brace for prolonged dollar surge.
China demand fears hurt rubber; Asia's coffee premiums robust
The decrease in demands for China was accounted for its slowing economic growth as Asian's coffee premiums remain at multi-month highs.
China's Sunergy sustained by higher margins, shares climb
China's Sunergy reported higher first-quarter shipments and earned about US$61.7 million. Sunergy Co Ltd, China's solar panel maker, reported it gained higher first-quarter deliveries.
Latest News
The FCC approved Sprint's acquisition of Clearwire and SoftBank's investment on Sprint. After a unanimous vote, the Federal Communications Commission announced that it approved the transactions between SoftBank Corp, Sprint Nextel Corp.
In a meeting between British investors and state officials, opportunities for investments in Andhra Pradesh were discussed.
The benchmark Japanese government bond prices climbed which resulted to a proposed auction of a 30-year debt.
Minister of Food and Agriculture of Ghana Clement Humaldo urged investors to help cut down the losses from harvesting.
China and Switzerland signed in a free trade agreement today in Beijing. A new free trade agreement was signed by the governments of China and Switzerland today.
Investors said that the bond yield spike brought about by new jobs are signals to prepare their portfolios.
Asia's shipping industry was believed to be the best spot to experience recovery from the industry's worst slump.
Indonesia's cattle industry is receiving a long-awaited backing from Australian investors. After more than four years of wooing, the Indonesian cattle industry has successfully acquired much needed love from Australia.
Energisa takeover was pending court approval. A bid by Energisa SA to takeover Grupo Rede Energia SA was approved on Friday by the company's creditors.
