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.
Investors
Zulily Pursues IPO
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.
Ford Exceeds Estimates with US$1.23 Billion Income
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.
Google introduces slimmer Nexus 7, Chromecast
Google has introduced a new-generation Nexus 7 and Chromecast to make its presence felt in mobile devices.
Holcim raises Ambuja Cements stake to cut costs
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.
Latest News
Caterpillar, Inc. faces bleak prospects this year as inventories get reduced and mining demand weakens.
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.
Yankee Candle decides to pursue IPO after an unsuccessful attempt at a private sale. Yankee Candle Co, Madison Dearborn Partners' scented-candle maker unit, decided to forego attempts at a private sale, opting for an initial public offering.
According to numerous surveys, Moscow was the ‘most expensive city’ in the whole world. Moscow was dubbed as the "most expensive city" in the entire planet.
A survey reported that millionaires feel wealthy in US$5 million mark. Not all millionaires feel wealthy, according to survey comprised of 4,500 affluent investors conducted by UBS.
The Prince of Cambridge received several notable visitors at Kensington Palace. The Prince of Cambridge left the hospital and spent his first with mom and dad in Kensington Palace.
Kareo, Inc., a medical office software and services company based in California, has bought ECCO Health.
MobileSpaces has acquired USD 8.6 million in Series B funding. Washington-based startup MobileSpaces announced that it acquired USD 8. 6 million from Marker LLC and Accel Partners at the close of its Series B funding round.
David J. Greenwald is set to become the Chairman of Fried Frank. David J. Greenwald, Goldman Sachs deputy general counsel and international general counsel, is set to join international law firm Fried, Frank, Harris, Shriver & Jacobson LLP in a leadership capacity.
