Consumer Electronics

Samsung-FBI deal coming soon

A Samsung-FBI deal was coming to an emminent close, said sources. Samsung neared the closing of a deal with the US Federal Bureau of Investigation (FBI).


GE shares at highest level since 2008

The shares of General Electric have reached its highest level since the financial crisis of 2008. General Electric (GE) shares were at their highest level since 2008.

'The Conjuring' bewitches horror fans

The Conjuring is set to earn almost US$30 million after a successful first week of showing in the theaters.

Hutchison Whampoa plans to sell ParknShop

Hutchison Whampoa Limited conducts strategic review for the ParknShop sale. Hutchison Whampoa Limited announced that they are in the midst of conducting a strategic review on the possible sale of its Hong Kong supermarket chain ParknShop.


Latest News

Comic Con requested US$1 from its millions of fans to join in a non-studio revoluttion Comic Con requested its followers on social media, which was now in the millions, for US$1 each.
Retailers are keeping their inventories low for the coming back to school season. Retailers are saying that with the back-to-school season at hand, also known as the second busiest selling season for the year, consumer spending is more conservative than ever before.
Multi-dollar rice invention scheme brought financial woes to Thailand. Moody, a ratings agency, warned Thailand of the risk "populist measures" would have on government finances.
Starwood Capital Group LLC announced that they have made an offer to acquire New York based luxury department store chain, Saks Inc.
Pyramid Group takes the reins of Sheraton Hotel following the latter company's sale amounting to US $61 million
UCP stocks opened at less than IPO price in its trading debut. UCP Inc. 's stocks opened at US$14. 75 in its trading debut. This share price was down from the company's IPO share price of US$15.
Babson Capital backs Silver Oak to acquire cleaning and safety products distributor The Tranzonic Cos.
Diamond Resorts International planned to sell shares at US$14 each in IPO. Diamond Resorts International, Inc. announced the price of the shares to be sold in its initial public offering.
Informa is divesting its interest in its five corporate training businesses in favor of Providence Equity Partners.
Grano Retail Holdings, owner of the menswear brand Samuelsohn, announced that they have acquired assets of Hickey Freeman.
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