True Religion Apparel Inc. appointed David Conn as its new Chief Executive Officer. The portfolio company of TowerBrook Capital Partners, True Religion Apparel Inc.
North America
Two out of three Aussies have smartphones
According to research, almost 64% of Australians owned a smartphone. According to new research on the Australian smartphone market, almost two thirds of the entire population of the continent owned a smartphone.
IBM cooperates on SEC probe of cloud revenue
IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
Merz Pharma expands market reach after acquiring Neocutis
Merz Pharma acquires Neocutis in an effort to boost its presence in the field of both medical and cosmetics.
White Deer Energy acquires J-W Measurement Company
White Deer Energy bought J-W Measurement Company for an undisclosed amount. White Deer Energy L. P. II, its affiliates and J-W Measurement Company's senior management team, bought J-W Measurement Company for an undisclosed amount.
Latest News
Gimme Credit's analyst Dave Novosel downgrades Motorola's rating from "buy" to "sell."
Siemens will gain EUR400 million from selling stakes in Nokia Siemens Networks. Siemens's recent exit from its Nokia Siemens Networks stake will net the engineering group a total of EUR400 million or US$530 million, according to the company's chief executive Joe Kaeser.
The company's latest smartphone release failed in the market despite good reviews. Nokia recently released its latest offering with the Lumia 1020.
The rejection of Fiat SpA's request to value 54,000 Chrysler shares by the Delaware Chancery Court allowed the United Auto Worker's retiree trust case to go to trial but Fiat remained unfazed.
NXT Capital raised US $783 million after it finished its senior debt fund raising. Chicago-based NXT Capital said it closed its US $783-million Senior Loan Fund II, L.
Gilt Groupe new chief executive officer Michelle Peluso is trying to reorganize the company to get workers energized about flash sales even as competitors see this move as a fad that would shy away investors.
Fiat failed to persuade a Delaware judge to put prices on some Chrysler shares, resulting to a delay in its planned merger.
Microsoft and Steve Sinofsky's entered into a "non-disparage" agreement. Steeve Sinofsky, a former chief of Windows, entered into a "non-disparage" agreement with Microsoft.
Nexon placed investments on Western gaming firms to expand its market. Korea's largest gaming company Nexon announced its plans to expand its reach within the markets in the West, starting with a deal with Rumble Entertainment.
