Agios Pharmaceuticals, Inc released the details of the company's previously announced IPO. Agios Pharmaceuticals, Inc. announced the pricing of their initial public offering of 5,888,888 shares of common stock.
Corporations
Cisco buys back Sourcefire for US$2.7 billion
Cisco said that they will pay US$2.7 billion to buy back Sourcefire. Cisco Systems Inc. announced that they have agreed to buy back the cyber security firm Sourcefire for US$2.
Adobe acquires Neolane
Adobe Systems Incorporated has acquired Neolane for $600 million. Adobe Systems Incorporated has completely acquired Paris-based Neolane for $600 million.
Sonic faces problems with True Price program
Most Sonic stores faced problems with the recently rolled out "True Price" program. For the past quarter, Sonic focused on moving its dealerships to its "True Price" structure.
Apple beats analysts' expectations with stronger iPhone sales
Apple Inc's report regarding its sales for the third quarter surpassed the expectations of analysts after selling 4.7 million more than what was expected.
Latest News
Weyerhaeuser Company announced that the company has completed the acquisition requirements for Longview Timber LLC.
AMRC revealed to the public the pricing of their previously announced IPO. American Realty Capital Properties, Inc. announced the pricing of their underwritten public offering for US$300 million Convertible Senior Notes which are due 2018.
Former IBM Managing Director Michael Dobak has been elevated to CEO by Ogilvy & Mather. Ogilvy & Mather (O&M), one the leading marketing communications companies in the globe, announced 44-year-old Michael Dobak as CEO of California-based Ogilvy & Mather West.
Time Warner Cable and CBS have yet to reach a conclusion regarding the re-transmission of CBS programming.
Solis Capital announced that it had sold a majority stake in Tigers to GeoPost S.A. Solis Capital Partners LLC, a Newport Beach-based private equity group, revealed that it had sold its majority interest in Tigers Ltd to GeoPost S.
Unidas announced plans for a public offering. Unidas, the Brazilian car rental company, announced plans for a public offering. The company said that they plan to use the funds from the public offering to finance potential acquisitions.
Travelers Cos. reported its biggest decline since 2008 in most recent quarterly report. Insurance company Travelers Cos. (TRV) announced the largest quarterly decline in five years during the reporting of its second-quarter results.
Sources stated that CRH Plc could be acquiring the cement arm of Shriram Group. Sources have said that CRH Plc, an Ireland-headquartered cement manufacturer, wanted to acquire Sree JayaJothi Cements.
Investel Capital agreed to purchase British Columbia-based Coastline Broadcasting. Investel Capital Corp. , an investment fund with offices in Toronto and Vancouver, agreed to purchase British Columbia-based cable television provider Coastline Broadcasting of Black Creek for an unspecified amount.
