Potash Corporation announced plans to buy back 5% of its outstanding common shares worth US$2 billion.
Industrials
Star Bulk Carriers collects US$80 million in its equity rights offering
Star Bulk Carriers stated that it had raised more than US$80 million mostly from its existing investors.
Generac expands international coverage with Tower Light
Generac Holdings purchases Tower Light in line with global expansion goals. Generator manufacturer Generac Holdings Inc. announced the finalization of a purchase deal with Ambienta I for the acquisition of Tower Light Srl and its wholly-owned subsidiaries earlier today.
Aston Martin partners with Daimler in new engine deal
Aston Martin announces collaboration with Daimler for new engine production. Global luxury carmaker Aston Martin announced on Thursday that it is planning to sign a deal with Daimler's Mercedes-AMG GmbH unit for the release of a new line of bespoke v8 engines.
Dubai’s biggest developer seeks review of loan terms after positive S&P rating
Emaar Properties, Dubai's biggest developer, requests for an adjustment of their loan terms following the S&P's positive evaluation.
Latest News
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.
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.
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.
Caterpillar, Inc. faces bleak prospects this year as inventories get reduced and mining demand weakens.
SIFCO acquires competitor commercial aerospace component supplier MW General. SIFCO Industries, Inc. , leading aerospace and energy industries components supplier, announced its acquisition of MW General's operations and operating assets.
Falcon Oil & Gas Co said that they have in the process of acquiring shares from remaining FOGA shareholders.
