Boeing has to cut production of its 747 jets because of the changing economic landscape, a report said.
Articles by IVCPOST Staff Reporter
Latest News
The Boeing 747 could be headed towards an uncertain future, according to an Associated Press report.
A bug in the Mac App Store gave users free downloads of some software applications. A bug in the Mac App Store had turned downloaded trial copies or illegally downloaded version of various software to free and legal copies.
Apple has released the free download of its OS X 10.9 Mavericks. Apple has released Mavericks. The latest OS X operating system for Mac computers could now be downloaded without cost from the Mac App Store.
Market Track acquired Competitrack from founder Bob Moss for an undisclosed sum. Retail promotion and e-commerce pricing intelligence solutions firm Market Track purchased Competitrack.
State-owned lender Caixa Geral de Depositos would be selling a 6.11% stake in telecommunications firm Portugal Telecom.
Lambert Private Equity would be purchasing up to USD 200 million of the common stock of Accelera Innovations.
News about Ophir's asset sale in Tanzania caused the oil and gas explorer's shares to rise.
According to a Wall Street Journal report, Marcato Capital would like Sotheby's to divest its New York and London properties.
The name of Apple's recently unveiled iPad Air gave rise to the speculation that the company might be cooking up an iPad Pro.
Henan Dayou Energy said the country's regulators were investigating them for disclosing information illegally.
A First Tennessee Bank employee was injured in a Wednesday morning robbery. A Wednesday morning robbery at the First Tennessee Bank on East Brainerd Road injured an employee.
Apple scored a victory against Wi-Lan on a patent infringement lawsuit. A Texas federal jury ruled that Apple did not infringe a patent from Wi-Lan Inc.
Sources told Reuters that Aptalis Pharma Inc had appointed lenders to manage its IPO. Aptalis Pharma Inc reportedly hired banks to manage its initial public offering.
Saudi Arabia borrowers hired HSBC to manage their debt and equity capital market deals. HSBC Holdings said borrowers in Saudi Arabia had obtained its banks services to manage several debt and equity capital market transactions.
Sources told Bloomberg that Singapore-based Oversea-Chinese Banking Corp was reviewing a bid for Hong Kong-based Wing Hang Bank.
The state pension fund of Massachusetts ranked the first in private equity investments, according to a report from the Private Equity Growth Capital Council.
Grupo Financiero Inbursa was in discussions with Standard Bank Group to buy the latter's Brazilian business, sources told Bloomberg.
Sources said Silicon Valley computer maker Hewlett-Packard was looking for buyers for its mobile computing patents.
Sun Life Everbright Insurance Co, the joint venture firm between Canada-based Sun Life Financial and state-controlled China Everbright Group, would turn a profit by 2015.
Radian Group filed a case against former account manager Rhiannon Bolen for giving confidential data to Arch Capital Group.
E*Trade Financial would be selling G1 Execution Services unit for USD 75 million. E*Trade Financial Corp would be selling market-making arm G1 Execution Services to Susquehanna International Group in a deal worth USD 75 million.
A report from Canadian newspaper Globe and Mail said that John Sculley, a former Apple CEO, was mulling a possible bid for BlackBerry.
ING Groep raised USD 974 million from selling its New York-based US insurance business. Amsterdam-based financial services firm ING Groep was able to gather USD 974 million or EUR 706 million from the sale of its US business.
Brazil sold dollar bonds amounting to USD 3.2 billion set to mature in 2025 and established a new benchmark in international markets.
The US Navy sold the USS Forrestal to All Star Metals for one cent. Texas-based shipbreaker All Star Metals purchased the decommissioned USS Forrestal for one cent.
Reser's Fine Foods issued a recall of 109,000 refrigerated products for Listeria monocytogenes contamination.
Shares of Safeway Inc increased by almost 9% after buyout reports started to circulate. Shares of supermarket chain Safeway Inc increased after reports that a private equity firm-led buyout was in the works.
People with knowledge of the transaction said the Yue Xiu Group was nearing a deal to buy Hong Kong-based Chong Hing Bank.
Private equity firm Ardian acquired stakes in buyout funds amounting to USD 4.3 billion, proving that the secondary market is alive and well.