Industry

European stocks slump while Fresenius Medical Care slip

The recovery in European stocks yesterday did not pursue today after huge companies continuous slump.


Bank of Marin Announces Agreement to Purchase NorCal Community Bancorp, Bank of Alameda

Today, Bank of Marin Bancorp announced that it has agreed to purchase NorCal Community Bancorp and its subsidiary Bank of Alameda.

Toshiba: Expanding Production Facilites for NAND Flash Memory Chips

Toshiba is set on expanding facilities for production for its NAND Flash Memory Chips. (Photo : Reuters)Toshiba plans underway for expansion of production site in Japan Toshiba Corp announced on Tuesday of its plans to expand the production facility for its NAND flash memory chips which are used in smart phones and in memory cards.

First PacTrust Bancorp Completes Deal for The Private Bank of California

First PacTrust Bancorp Inc announced completed acquisition deal for The Private Bank of California.


Latest News

Compared to the first quarter, 21 IPOs were backed by venture capitalists amounting to US$717 billion.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: - Chinese state oil firm CNPC will buy a stake in Kazakhstan's giant Kashagan oil project, through back-to-back deals with Kazmunaigaz through which ConocoPhillips will exit, the Kazakh state oil firm said on Monday.
United States' manufacturing activity improved while construction costs hit a four-year high on third quarter's kick off.
McKesson Corp and Cardinal Health Inc are in talks with Celesio for its stakes, two sources said. (Photo : )The photo shows Celesio's, a German drugs company, official logo.
Lockheed Martin launched an international arm that will be led by Patrick Dewar, corporate strategy and firm development executive.
Citi Group would pay Fannie Mae US$968 million for potential mortgage repurchase claims incurred between 2000-2002.
News Corp and 21st Century Fox started trading off their assets which gave investors the crucial choice between two different firms.
Independent debt advisory firm Tomorrow Partners offered a new high yield advisory service. A self-regulating debt advisory company initiated a high yield advisory service to foil its debt advisory services currently in operation.
Global shares gained after the metal industry and the yen weakened. (Photo : Reuters)This is the facade of the Bank of Japan. Global shares increased as the metal industry weakened.
Tribune Co would acquire 19 local TV stations worth US$2.73 billion after getting financed by 5 firms.