Prices of world shares and commodities rose Thursday, suggesting recovery in the global economy. Prices of world shares and commodities rose Thursday, suggesting recovery in the global economy.
Industrials
Paladin considers share sale to bolster balance sheet
Paladin Energy Ltd announced plans to sell shares to institutional investors. Paladin Energy Ltd plans to sell shares to institutions after the conclusion of talks to sell a stake in the company's Langer Heinrich mine located in Namibia.
Blackhawk Specialty Tools recapitalizes with Bain Capital investment
Construction equipment company Blackhawk Specialty Tools received growth investments from Bain Capital and a few of the management earlier today.
BAE Systems forecasts 10% rise to yearly earnings with multi-billion dollar Saudi jet deal
Britain's largest defence contractor said its annual earnings for 2013 will rise by 10% once it clinches the multi-billion jet fighter deal with Saudi Arabia.
Russia's Mechel offers ferroalloy assets to Turkey's Yildirim for USD 425 million
Russia's Mechel announced the sale of its ferroalloy assets to Turkey's Yildirim Group for USD 425 million.
Latest News
China's PMI showed growth in July, offering hope that the country's economy is recovering.
Abertis Infraestructuras SA announced that they have sold their stakes in London's Luton airport for US$667 million.
China's Premier Li Keqiang's projects will now get the much needed help with the recent boost in the manufacturing industry.
Sony Corp said that they are set to billionaire Danny Loeb's proposal to sell part of the company's unit through an initial public offering.
Ardmore Shipping Corporation announced pricing its IPO valued at USD14 per share piece and is listed on the New York Stock Exchange under the trading symbol ASC.
China Rongsheng said that they will issue convertible bonds to Action Phoenix Ltd to raise needed capital.
MPH Ventures Corp. announced that they have acquired the North Albany Graphite Property which is adjacent to the resource-rich Albany graphite deposit discovery.
Liberty Property Trust announced that they have an entered an agreement to purchase the operating partnership of Cabot Industrial Value Fund III LP.
Elders Limited announced that it is selling Futuris Automotive to Clearlake Capital Group for US$69 million.
