American Apparel company forecasts robust demand after the bankruptcy turnaround. The US-based fashion chain is predicting more profitable years to come. American Apparel is known for its controversial sexual advertisements.
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Silicon Valley IPO market logging off fast
Gone are the days when boom time for technology initial public offerings (IPOs) that showered money on technology companies and startup coupled with huge valuations for investors. Now the situation is totally different on renewed concerns about possible technology bubble burst following the IPO market in Silicon Valley is fast losing its sheen. The dwindling down of market valuations is forcing many companies to cancel their IPOs or postpone the issue dates which affects the US capital market.
Zero COLA means no increase for your Medicare Premium
Under Social Security rules, some 70 percent of Medicare beneficiaries will not get increases when the cost of living adjustment in Social Security is zero.
Public surveillance mobile app empowers Indonesians
The use of the public surveillance mobile app by some frustrated Indonesians serves as a wake-up call for government's bureaucrats to immediately address the pressing problem of their shoddy public services.
B2B Marketing according to Salesforce Pardot: Judo Ichidai
Salesforce of Pardot's Adam Blitzer shared that the strategy of B2B marketing is similar to a strategy in judo. He admitted that his background in judo plays a huge role for him in developing the marketing automation products in Pardot.
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The Chinese biggest e-commerce company, Alibaba announced that it will buy the remaining 82 percent of China's YouTube-like service provider, Youku Tudou. According to a source, the company is offering Youku Tudou $26.60 per share totalling up to $3.6 billion.
Match Group Inc. is planning to capitalize the current booming market for online dating and is seeking to go public. The company had sought legal advice and documents on Friday for an IPO and is expected to be listed on the Nasdaq Global Select Market.
Distancing from the impact of financial crisis, Bank of America (BoA) has posted positive numbers for the third quarter making its fourth consecutive quarter with profits. The Charlotte-based bank posted a net profit of $4.07bn for the third quarter. Despite its pedestrian performance in the third quarter ending September 2015, the bank has been able to post profits for the last four quarters. This is considered to be encouraging for the shareholders of $2.2trillion bank. The North America's second largest bank by assets suffered a drop of 2.5 percent in revenues owing lower interest rates. This resulted in 6.9 percent drop in net interest income.
Google Play will get a major upgrade soon according to a teaser released by a Googler, Kirill Grouchnikov. Based on the teaser, the apps store will feature a better categorization method and will become a lot more user-friendly as Google is planning to cope with the increasing number of new users using the apps store.
Kickstarter, the popular online crowdfunding platform, has just banned a project for its failure to provide evidence of a working prototype. The project was for a laser-powered razor called Skarp which has raised over $4 million in crowdfunding since it was first announced.
Just a couple of hours after CNBC released Albertsons Companies' intent of rescheduling their IPO due to market volatility, the news website has now made another recent update detailing Albertsons' plans on conducting their IPO before Thanksgiving.
First Data Corp.'s IPO on Wednesday did not start off as successful as the company had planned. At $16 a share, the price is two dollars below the intended $18 to $20 range the payments-processing company was hoping for, according to a recent Bloomberg news article.
Oculus Story Studio has released a new virtual reality movie for the Oculus Rift featuring a charming quill-covered animated character, Henry the hedgehog.
The $6.5-bn acquisition offer to Asciano Ltd by Brookfield Infrastructure Partners is landed in trouble as the Australian regulator seeks an extensive review following the concern raised by the country's competition watchdog citing the reason that the Canadian firm's deal could lessen competition in rail haulage. The Australian Competition and Consumer Commission has postponed its decision on the acquisition offer made by Brookfield till 17 December.
