Home Depot earns from US housing market recovery

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 buys majority shares in Cubera's RigNet

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.

Ambiq Micro scores USD 10 million in Series B funds

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 plans to acquire minority stake in Heidelberger Leben

Hannover Re said it was in talks with Lloyd's Banking Group-owned Heidelberger Leben for a possible purchase of a minority stake.


Latest News

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.
Glencore announced plans to sell off parts of recently acquired Xstrata assets. Glencore took a hit on Xstrata's mining assets for USD 7. 7 billion on Tuesday .
GSW Immobilien said it would study the EUR 1.75 billion takeover bid of Deutsche Women before giving any comment.
Indonesia's two main state pension funds increased their stock purchases, which helped pare losses for Jakarta's battered share prices.
TT electronics said it intends to spend up to GBP 100 million for bolt-on acquisitions. UK-based electronics group TT electronics Plc revealed its plan to acquire bolt-on firms for its combined industrial sensing and control units.
The British government's 'Help to Buy' program increased Persimmon's spring sales.
The Straumann Group announced plans to purchase discount players in the dental implants market. Swiss-based dental implants maker Straumann Group said it plans to acquire rival companies that make low-cost brands.
Australian manufacturers underwent change in level of operations. The manufacturing industry was far from dead in the country down under. The face of the Australian manufacturing sector has been deemed not dead, just changing.
Bayer Healthcare said it received approval to market its cancer treatment Stivarga in Japan. Bayer Healthcare announced it had received regulatory approval to market its cancer drug Stivarga in Japan.
One of the largest South African buyout firms, Ethos Private Ltd, is planning to sell its stakes to Alexander Forbes, Africa's largest retirement-fund administrator.