Sectors
Best Buy profits increases under CEO Joly
Best Buy reported increased profits, proving CEO Joly's cost-effective plans successful. Best Buy Co Inc announced Tuesday that the company's first quarterly profit proved CEO Hubert Joly's recovery plan effective.
Zillow announces public offering after StreetEasy deal
After its announced acquisition of StreetEasy for USD50 million in cash, Zillow Inc. was said to sell its share for USD82 per share piece.
Champion Medical Technologies wins multi-million dollar investment from Jump Capital
Champion Medical Technologies won a "multi-million dollar investment" from Jump Capital, a private equity firm based in Chicago.
Riggio halts planned bid for Barnes & Noble's retail assets
Leonard Riggio suspended his planned bid for Barnes & Noble Inc.'s retail businesses amid the firm's accelerating losses.
Latest News
H.I.G. Capital-backed Harrison Gypsum acquired the Eagle Ford Division of Pinnacle Materials. Global private equity investment company H. I. G. Capital announced the acquisition of the Eagle Ford Division of Pinnacle Materials.
A Reuters report stated that Amazon Inc invested a massive USD13.9 million on warehouse facilities to strengthen its expansion.
BHP Billiton finally makes a major investment after declaring last year that the mining company will not partake in any big expenditures.
Home Deport benefited from the recovery of the US housing market. The revitalization of the U. S. housing market helped Home Depot Inc. top the quarterly profit and sales assessments made by analysts on Tuesday.
KKR inked a definitive agreement to buy RigNet Inc from Cubera. Leading investment company Kohlberg Kravis Roberts & Co (KKR) signed a definitive agreement to acquire RigNet Inc.
Semiconductor company Ambiq Micro raised USD 10 million for its Series B round. Texas-based Ambiq Micro closed its Series B funding round with USD 10 million.
Hannover Re said it was in talks with Lloyd's Banking Group-owned Heidelberger Leben for a possible purchase of a minority stake.
An industry observer concluded that Amazon lost around USD5 million in revenue when the e-commerce site went down 1PM Pacific time today.
Baring Private Equity Asia is planning to buy shares in Indian software company Hexaware Technologies.
Cairn Energy said its planned explorations in Northwest Africa and Ireland yielded up to 25% chance of success compared to its exploratory project in Greenland.




