Consumer Electronics

Goldman Sachs, JPMorgan, Bank of America scramble to fund Rue21 acquisition

JPMorgan Chase Co., Bank of America Corp. and Goldman Sachs Group Inc. would not be able to get out from their financial commitments to a buyout of retailer Rue 21 by private equity firm Apax Partners.


Neeleman to redo IPO for Azul

Azul CEO David Neeleman would be pushing through with an IPO after it cancelled its scheduled IPO last August because of unfavorable market conditions.

Sportslobster receives another USD1 million in new financing

Alongside its iPhone app launch, Sportslobster receives another USD1 million. Sportslobster. com, the sports social network, had announced the receipt of a further USD1 million funding alongside its September 2013 iPhone app launch.

Insidious 2 gets a lot of negative reviews

The much awaited horror flick Insidious 2, released on September 13, got a lot of negative reviews from different publications.


Latest News

A source told Bloomberg that Japan Display would be holding an initial public offering to raise JPY 200 billion or USD 2 billion.
McDonald's made a buyout offer to Vikram Bakshi as the giant fast food chain planned to effectively settle dispute between the two sides.
US Bankruptcy Judge Sean Lane approved American Airlines' petition to exit bankruptcy today at a court hearing held in Manhattan.
Walt Disney Co. announced its plans to buy back around USD6 billion to USD8 million stock starting 2014.
Shoppers Drug Mart's shareholders had cast an overwhelming vote in favor of Loblaw Co's buyout bid.
Private equity firms including Advent International and CDIB Capital agreed to buy a large stake in coffee and tea retailer, The Coffee Bean & Tea Leaf without disclosing the financial terms of the transaction.
IBT Media appointed the new editor-in-chief after acquiring Newsweek from IAC/InteractiveCorp last month.
Lululemon Althletica Inc. announced the reduction of its annual profit forecast after the delays in getting new apparel limited its sales.
Dunkin' Donuts exited the UK in the 1990's because of a lack of variety, an issue that is clearly addressed with its return to new agreements in the UK.
NetMediaEurope acquired online technology news outlet B!T as it expands its international portfolio across Europe.
  52 53 54 55 56 57 58 59 60  
Real Time Analytics