The Islamic holy month of Ramadan would unite 1.6 billion believers and would directly result to the recovery of markets particularly in the food sector.
Sectors
Petronas to sell 80% stake in Engen
Petronas confirmed that they are in discussions with interested parties who could buy shares of Engen.
MedProperties Holdings and Equity Inc buys more healthcare real estate
MedProperties Holdings and Equity Inc in a joint venture announced that they have acquired another health care real estate property in Cincinnati.
Verizon sheds light on Apple iPhone 5 sales
Verizon announced its activation figures on its iPhone 5 sales. Verizon, the largest mobile phone carrier in the United States, released activation figures which gave a rough estimate on how many iPhone 5 units were sold by Apple.
Ipreo acquires Discovery Data
Ipreo revealed that it had purchased Discovery Data, expanding their services in the market data industry.
Latest News
Locke announced that, together with Patron Capital Partners, it had added 54 petrol sites to their gas station portfolio
Sources said that Coller Capital is buying shares of DLJ Merchant Banking Partners. Sources revealed that Coller Capital Ltd. is currently in discussions to purchase Credit Suisse Group AG's shares of DLJ Merchant Banking Partners.
Men's Wearhouse announced that it had acquired Joseph Abboud in a deal worth US$98 million. Men's Wearhouse anounced that it had acquired Joseph Abboud, New Bedford-based suit maker, for US$98 million.
A patent for bulk processing of liquid metal was issued to Apple's partner and affiliate. A patent issued to Apple excited iPhone fanatics and technology geeks all over the word this week.
Google experienced a heavy fall in its latest earnings report, while Apple leaped high. In 2012, the most profitable move investors could have done was to exit Apple and enter Google.
Apple's "grand vision" for the television might be skipping commercials altogether, tech analysts predict.
Pharos Capital announced that it is finalizing its exit from Pioneer Surgical as the company is acquired by RTI Biologics.
Almost two dozen tech companies requested for better transparency from the National Security Agency.
Brixmor filed for its market debut on Thursday. Blackstone Group's Brixmor Property Group Inc. finally filed for an initial public offering with federal regulators.
