Indian motorcyle maker Hero MotoCorp experiences fourth straight quarterly decline in net profit. Indian motorcycle company Hero MotoCorp reported a 10.
Corporations
Tradelab Announces Partnership with TubeMogul
Tradelab solidifies partnership with brand marketing leader TubeMogul. French trading desk Tradelab announced its strategic partnership with brand marketing company TubeMogul earlier today.
Sigma Labs closes with US$1.2 million in placement offering
Sigma Labs earned US$1.2 million from a recent private placement offering. Sigma Labs, Inc. announced that it gained US$1. 2 million in a private placement offering of shares of the company's common stock last July 18, 2013.
WCI announces IPO pricing
WCI Communities finalizes IPO pricing at US$15 per share. WCI Communities, Inc. reported the final pricing of the initial public offering of 6,819,091 shares of its common stock at US$15 per share.
Ford Exceeds Estimates with US$1.23 Billion Income
Automaker Ford continues to improve in net profit for the fifth straight quarter. U. S. automobile company Ford Motor Co. reported a US $1. 23 billion net income for the second quarter of 2013.
Latest News
Dell proposes an additional US $150 million to its initial bid. Michael Dell, Dell Inc. founder, increased his initial US $24. 4 billion bid with an additional US $ 150 million Wednesday.
Caterpillar, Inc. faces bleak prospects this year as inventories get reduced and mining demand weakens.
Yankee Candle decides to pursue IPO after an unsuccessful attempt at a private sale. Yankee Candle Co, Madison Dearborn Partners' scented-candle maker unit, decided to forego attempts at a private sale, opting for an initial public offering.
According to numerous surveys, Moscow was the ‘most expensive city’ in the whole world. Moscow was dubbed as the "most expensive city" in the entire planet.
A survey reported that millionaires feel wealthy in US$5 million mark. Not all millionaires feel wealthy, according to survey comprised of 4,500 affluent investors conducted by UBS.
Kareo, Inc., a medical office software and services company based in California, has bought ECCO Health.
David J. Greenwald is set to become the Chairman of Fried Frank. David J. Greenwald, Goldman Sachs deputy general counsel and international general counsel, is set to join international law firm Fried, Frank, Harris, Shriver & Jacobson LLP in a leadership capacity.
iPhone sales led to 5% increase in AAPL. AAPL, the symbol by which Apple stocks were traded on the stock market, soared. This was after Apple reported higher-than-expected quarterly results.
The pressure is on for Apple to launch new products. Several analysts pointed out that Apple needed to launch new products soon. Now, investors were also becoming concerned about the tech giant's status in the long term.
