Consumer Electronics

Report highlights financial impact of NHL realignment

The new four-division format of the NHL would also impact the league's finances, according to a report.


Amazon's Bezos finalizes Washington Post acquisition

Citing the The Washington Post, Techcrunch said Amazon Inc Chief executive officer Jeff Bezos completed his acquisition of the 136 year-old newspaper today.

China may be bad for foreign retail chains - report

Analysts advised foreign grocery chains to be cautious about expanding their businesses in China. British supermarket chain Tesco Plc would the the latest foreign retail chain that had set its sight on China.

HSBC set to earn USD19.5 million in Canaletto painting sale

HSBC Holdings Plc would stand to get USD19.5 million from the sale of its two paintings by Italian painter Canaletto.


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Russian payment transfer company QIWI announced floating an additional 8.2 million shares following 12.5 American depository shares it had floated earlier this year.
According to a Reuters report, venture capitalists showed no signs of shying away from startup investments related to Bitcoin even as authorities increased scrutiny among numerous virtual currency firms.
A shareholder at JC Penney sued the struggling retailer over a surprised decision to sell 84 million common stock after assuring its investors that there would be no need to raise capital in the company.
Burlington Stores announced today the price of its initial public offering of 13,333,333 shares of common stock valued USD17 per share piece.
Today, Dealertrack announced completing its acquisition of VINtek and Customer Focused Marketing Inc.
The state of Texas had dropped out of the lawsuit filed by the US Justice Department to block the US Airways-American Airlines merger, according to a Reuters report.
LIC lowered exposure in food conglomerate Britannia Industries. The Indian state-owned Life Insurance Corporation had decreased its shareholdings in Britannia Industries, the consumers conglomerate, by 2.
Campbell Soup Company announced that it had signed a definitive agreement with CVC Capital Partners for the sale of its European meals business.
Sources told Reuters that British retailer Poundland was considering going public next year. Sources told Reuters that Poundlad was mulling an initial public offering (IPO) in the first half of 2014.
An estimated USD50.9 billion in investments by private and community foundations was made, according to a Foundation Center report on 2011 financial data.
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