The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday.
Consumer Electronics
House approves contentious farm bill less food stamps provision
The House of Representatives approves the contentious farm bill defying a veto threat from the White House.
Pacific Rim scores Asia, so-so in Australia
Sci-fi flick Pacific Rim reported high numbers on its opening day, especially in Asia. Guillermo del Toro's science fiction movie 'Pacific Rim' joined the three-way race for the number one spot in this week's Hollywood blockbuster ladder.
Oriens: US$30 million merger/acquisition, a future possibility
According to Oriens, a US$30-million merger/acquisition was a future possibility. Oriens Travel & Hotel Management Corp. (OTHM) announced that the FROL Booking Engine exceeded the company's expectations.
Interest rate rise, stock price fall affect consumer sentiment
The increase in interest rates and decrease in stock price took off the glow in consumer sentiment. In early July, fears regarding increasing interest rates and decreasing share costs dinged US consumer sentiment.
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Shuanghui International's US$4.7 billion bid for Smithfield Foods raised an additional US$5 billion from international banks.
Drip Drop Inc secures US $2.3 million two weeks after nearly closing US $3 million financing. Drip Drop Inc. , maker of hydration products, raised another $2.
The acquisition of the minority ownership shares places Z Capital as Neways' controlling shareholder.
MCI gets shares in a company that operates Central Eastern Europe's biggest online clothing retail shop.
Following a plane crash that killed two Chinese passengers, Asiana's shares plummeted to record lows.
US Airways and American Airlines took a step closer to merger. US Airways and American Airlines took a step closer to their proposed merger on Friday, as shareholders of US Airways voted for the merger.
Sebi announced its verdict on the dairy scheme utilized by HBN Dairies and Allied Ltd. Sebi made its move today to prevent an investment scheme involving public funds collection that were used to purchase cattle.
The Philippines' biggest corporation eyes to raise US $4 billion for its power assets shares. San Miguel Corp, Philippines' top acquisitive company, is planning to accumulate US $4 billion to finance its infrastructure project expansion by selling its power assets.
TIO Networks enterd into an agreement to acquire Globex Financial Services. TIO Networks Corp. has announced that the company planned to acquire of Globex Financial Services Inc.
