Crescent Communities adds construction and asset management experts Ford and Pierce into the team. Crescent Communities has announced earlier today that Jared Ford and Darren Pierce will be joining the Multifamily Development and Operations team as senior vice-president of construction and director of asset management, respectively.
Firm Management
AlarmForce terminates Matlin as President and CEO
The Board of Directors of AlarmForce Industries has terminated Joel Matlin as its President and Chief Executive Officer.
Prolexic Technologies secures US$30 million in its third round of financing
Prolexic Technologies stated that it had secured US$30 million in its Series C funding round from new investors.
VeriStor Systems Partners with Zerto
VeriStor Systems announced collaborative partnership with Zerto for cloud disaster solutions project.
Rouse Properties acquires Greenville Mall
Rouse Properties purchased Greenville Mall for $50.25 million. New York-based Rouse Properties Inc announced its purchase of Greenville Mall in North Carolina earlier today.
Latest News
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 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 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.
E-commerce company Zulily hires banks for possible initial public offering. Flash sales company Zulily hired investment banks as advisors for a possible inital public offering, according to sources with knowledge on the matter.
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.
Holcim restructures Indian operations in an attempt to cut costs. Sweden-based cement maker Holcim has announced its plan to restructure Indian operations by increasing the company's stake in Ambuja Cements Ltd.
Indian motorcyle maker Hero MotoCorp experiences fourth straight quarterly decline in net profit. Indian motorcycle company Hero MotoCorp reported a 10.
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.
Mitsubishi UFJ plans to offer its Thai branch for a controlling stake in Bank of Ayudhya. Mitsubishi UFJ Financial Group Inc. has decided to offer for sale of its Thai branch to Bank of Ayudhya Pc1 for an 8% stake in the company, according to three sources familiar with the deal.
