CommScope taps Deutsche Bank AG and JPMorgan to lead its IPO but the companies declined to comment on the matter.
Investors
SevOne appoints high-profile CEO to help propel it to the next level
IT company SevOne appoints high-profile CEO to help the firm become the "next great technology company."
Ashland Considers Divestment of units with US$2 Billion Revenue
Ashland Inc may opt for divestment of elastomers and water-treatment businesses. Ashland Inc. (ASH) has announced plan to divest an elastomers unit and possible sale of a water-treatment business, moves that could cut around US$2 billion from the American chemical company's revenue.
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.
Top 2 mobile ad challenges Facebook faces
Facebook faced two major mobile ad challenges. Undoubtedly, Facebook's mobile ad business has grown. Facebook ads are paid advertisements that are "relevant and interesting" to a user.
Latest News
Dow Chemical revenue continues to climb as demands for crop protection products and plastics increase.
Security operations platform provider VidSys accumulated US $15.65 million in equity financing from existing investors.
Onconova Therapeutics Inc. is set offer its common stock at US $15 during an initial public offering.
It was reported that Google planned to invest in Uber funding round. Google, through Google Ventures, was expected to participate in Uber's upcoming new round of funding.
PNC Financial Services Group gave Emerge Energy Services a US $150 million loan facility, which will be used to refinance its debt and to cover general corporate purposes.
A Chromecast forecast signalled more Netflix subscribers up ahead. Google recently announced its latest device, the Chromecast. The device basically allowed "TVs to become second screens to Google-powered devices" running the Chrome browser.
SolidFire raked in US $31 million in series C funding led by existing investor Samsung Ventures. It also launched its newest storage solution , claimed to be the fastest in the market.
Credit Suisse's investment bank improved group profit but investors remain concerned about the Swiss bank's future.
Chromecast quickly sold out in a matter of hours after its announcement. Quickly after Google announced its new product, Chromecast, the company received a large volume of orders.
