During the Morningstar Investment Conference, investors expressed their favor to non-agency mortgage loans.
Corporations
Lowe’s Enters into Acquisition Agreement with Orchard Supply Hardware
Lowe's announced that it has entered into an agreement of purchasing Orchard Supply Hardware for US$205 million plus assumption of debt.
Cheung Kong Forms Joint Venture to Acquire Dutch Firm for US$1.2 billion
Cheung Kong Holdings Ltd will undergo joint venture to acquire RAV Water Treatment. (Photo : Reuters)The image shows a boy drinking treated water from a faucet.
A 10-Year Savings of US$1 Billion Seen by Aerojet Rocketdyne
After GenCorp Inc. acquired Pratt & Whitney Rocketdyne, Aerojet Rocketdyne was formed with a prediction of US$1.2 billion savings over the next decade.
Amazon Builds Grocery Business from Webvan Ashes
Amazon took over Webvan, an online grocery firm, twelve years after being shut down. (Photo : Reuters)The image is the logo of Amazon. com Webvan, an online grocery start up, may have been the single and most expensive flame out of the online era.
Latest News
Tesco stops orders from Bangladeshi supplier after finding structural defects in its factory. (Photo : Reuters)The image is the corporate logo of Tesco UK.
SOCAR, the Azeri state energy company, had started negotiations with the Greek government for the purchase of natural gas grid operator DESFA.
Investors' insurance cost via credit default swap increased. (Photo : Reuters )This is an image of an investor looking at a visual representation of stock market figures.
The Ambani brothers of India announced signing a US$2.1 billion Telecom Deal. (Photo : Reuters)The image is Reliance Industries' Chairman Mukesh Ambani.
Europe's better performance gave companies who used 'brave' investments good results.
Meraas Holding and Emaar Properties announced an engaged joint venture for the development of a premium lifestyle community, Dubai Hills Estate.
Huishang Bank, due to the lack of clarity in the Shanghai Stock exchange, is set to list its IPO in the Hong Kong bourse.
Investors said that emerging market assets are prone to inflation, making them a very risky place to invest in.
Arabtec Holding announced on Sunday that is has signed a joint venture contract for US$629 million. (Photo : Reuters)The image is the facade of one of the projects of Arabtec.
