HTC Corp's increase in profit were expected to stop due to advancement in its bigger rivals' technology.
Investors
Higher US Yields, Good News for Investors
Higher US bond yields were good news for investors. According to Mike Howell of CrossBorder Capital's managing director, "A steepening yield curve in almost every occasion is a response to improved economic times.
Daiwa House to Obtain about US$1.37 billion Through Share Sale
Daiwa House Industry Co. would raise about US$1.37 billion through share sale which would be the biggest stock sale by a property business.
Gunnebo Acquires Turnstile Dealer
Gunnebo Security Group announced acquisition of all shares in ATG Entrance Corporation, the company’s turnstile distributor in South Korea for 10 years.
Joe Galasso, New Director of Sales at Alkame(TM) Water
Joe Galasso was named as the new Director of Sales at Alkame(TM) Water. Joe Galasso was named as the new Director of Sales at Alkame(TM) Water, which is a subsidiary of Pinnacle Enterprise Inc.
Latest News
HSBC Holdings Ltd would exits its retail banking and wealth management business in Korea to focus more on the profitable enterprises.
Admeta announced the signing of a supplier agreement with BBC worlwide private ad exchange Admeta announced that they have signed a supplier agreement with BBC Worldwide to optimize and monetize the Good Food and Top Gear properties outside of the United Kingdom.
The Swedish government declared a deficit in June. The Swedish government declared a deficit in government payments amounting to SEK6. 4 billion in June, under SEK28.
Azimuth changed its board members prior to Troy Resources' takeover. Azimuth Resources Limited, a company involved in the exploration of gold and uranium in Guyana, announced that there would changes its board members prior to Troy Resources Limited's takeover of the company.
Etihad announced that they are near to closing deal with JAT Airways Etihad Airways announced that they are close to coming to an agreement over an equity investment with JAT Airways.
British Land announced its acquisition of a west London office complex over a deal priced at GBP470 million.
NTT DoCoMo of Japan still refused to make a deal with Apple resulting to the lessening number of customers.
According to sources, Cerberus Capital Management LP and Seibu Holdings Inc would meet to discuss possible listing on the Tokyo Stock Exchange said on Friday.
Panasonic Corp decided to close its Hungarian solar cell plant after the yen weakened and would transfer its equipment to other plants in Asia.
