Research shows that more companies in the U.S. are set to increase their spending for 2013, implying a boost for the American economy.
Corporations
Datalink to Expand through Acquisitions
Datalink to expand through acquisitions. Datalink Corporation is now formulating plans to use acquisitions in order to double its sales revenue to a projected US$1 billion in the next three years.
Brazilian OGX Petroleo Rumored Stake Sale to Petronas
Brazil's OGX Petroleo is being rumored to have a plan of selling a stake to Malaysian oil company Petronas.
Rosneft to Take Over Russian rival TNK-BP in $55 Billion Deal
Rosneft and TNK-BP are expected to sign $55 billion agreement to mark one of the largest acquisitions in the oil industry.
Ferrovial Seeks More Acquisition as it Recovers From Debts
Ferrovial is now seeking for investment opportunities in key markets after it ceased from cutting debts.
Latest News
Ford's novel annuity for lump sum swap increases funding for pension funds. Ford Motor Co. 's funding for its US pension funds had increased in 2012, as decreasing rates of interest offset the investment gains achieved in the year.
Cygnus putting its Agriculture Group up for sale. Cygnus Business Media has announced that it has retained the services of Corporate Solutions Inc in order to formulate strategic plans for its Agriculture Group.
BGI-Shenzhen extends existing offer for common stock of Complete Genomics. BGI-Shenzhen announced that it would extend an all cash offer to purchase all outstanding shares of common stock for Complete Genomics Inc.
Boeing purchases microprocessor unit of CPU Technologies. In its continued goal of protecting its fighter fleet from information lead attacks, Boeing has purchased CPU Technology Inc.
Elan profits from Tysabri sale offered to shareholders. Elan, the Irish drug firm has announced it would return US$1 billion to its shareholders from the proceeds of the sale of its stake in multiple sclerosis drug Tysabri to partner Biogen Idec.
ENI shipping and logistics to bring Rosneft oil to markets worldwide. ENI, the Italian gas and oil giant, has entered into a strategic partnership with Rosneft to explore trading and logistics opportunities in the energy market.
WSJ reports bid for Boston Globe pegged at US$100 million. According to a report from the Wall Street Journal, the New York Times Co received a formal offer on the Boston Globe in the amount of US$100 million.
No one is safe without the numbers, message sent to industry by Heinz buyout. The buyout of H. J. Heinz by Warren Buffett's Berkshire Hathaway and others have placed many food executives of known brands properly warned that they either shape up or be shipped out.
Rosneft buys TNK-BP for over US$40 billion. If all goes according to plan, Rosneft would be taking over control over its major rival, TNK-BP. The two Russian oil companies would then complete the oil industry's biggest takeover in history, three months before the agreed upon deadline.
