Dell is now hunkering down to make a better and higher offer than others have made for the company he had founded.
North America
Yahoo Purchases Summly
For a reported US$30 million, Yahoo purchases the Summly app from its high school aged owner. Yahoo Inc has purchased mobile news aggregator Summly. This is the latest move in a string of acquisitions made by the company to enhance its portal's web services.
Future Capital Partners Purchases Bioethanol Plant
FCP purchases bioethanol plant for machinery to outfit the construction of another plant in the UK. UK investment company Future Capital Partners Ltd has agreed to purchase Appomattox Bio Energy LLC.
Sherpa Raises US$1.6 Million
Sherpa was able to raise from investors and venture capitalist US$1.6 million for its project ventures.
CDW Preparing for IPO
CDW has filed papers of its IPO with the SEC. CDW Corp had filed documentation with US regulators reporting the raising of US$500 million in its initial public offering.
Latest News
SEC chairman Elisse Walter urged during video conference at the annual forum of the Australian Securities and Investment Commission that foreign regulation should be applied for cross-border trades.
CMS is selling its bakery supplies business to Rhone Capital to focus on other profitable ingredients.
Gold, corn and natural gas were among the top commodities traded according to figures obtained by Reuters from the Commodity Futures Trading Commission.
SEC Chairman Elise Walter proposes foreign regulatory guidelines for cross border trading especially with over the counter derivatives trades.
Technology giant Apple has recently purchased WiFiSlam for its mapping purposes. Apple is seeking to improve its mapping applications for its smart phones by purchasing Silicon Valley start up WiFiSlam.
Dell reviewing Icahn and Blackstone offers against the Silver Lake/Dell offer. Currently, the special committee of the Board of Directors of Dell Inc is reviewing the takeover bids submitted by the Blackstone Group and billionaire Carl Icahn.
DP Chairman confirms move from US markets to Latin American and African countries for port business.
When compared against Pimco, Prudential rates better in terms of performance and value return. Pimco is acclaimed to be the world's biggest total return fund but many smaller funds also thrive in the market.
Gold prices surge as many investors opt for the metal in light of the Cyprus meltdown. Gold values expected to increase in the next quarter because of the current Cyprus crisis.
