MiX Telematics announced its IPO plans and wants to hit big. MiX Telematics aims to hit big in its market debut amid a hospitable atmosphere among cloud tech venture companies.
Sectors
PSEi joins regional rally
PSEi joined regional rally. The Philippine Stock Exchange index has joined the regional rally. The benchmark index closed at 6,360. 73, a rise of 52. 55 points or 0.
Bank of Japan optimistic about Japan's economic recovery
Bank of Japan was optimistic about the country's economic recovery. The Bank of Japan (BOJ) was more optimistic when describing the country's economic condition.
CUSO acquires Autoland
Mission Federal Credit Union's Credit Union Service Organization (CUSO) announced acquisition of Autoland Inc, a national car buying service provider.
MSC buyout and acquisitions causes its profit to fall
MSC reported that its buyout and acquisition program caused profits to slide. MSC Industrial Direct Co. , one of the biggest public firms based on Long Island, said Wednesday its financial third-quarter net income dropped 11.
Latest News
EasyJet shareholders, Standard Life Investments and M&G Investments, were positioned to support an order for 135 Airbus SAS jets.
Sony's Kazuo Hirai: His priority for the company would be consumer electronics. Chief Executive Officer of Sony Corp. Kazuo Hirai, who is currently under pressure to sell shares of the firm's entertainment division, stated that turning around the troubled consumer electronics operation is his team's greatest priority.
According to analysts, the Ackman hedge fund and FedEx rumors are false. Rumors of Bill Ackman, a hedge fund operator, supposedly raising money to buy shares in FedEx were false, say analysts.
Forgame Tech Co. submitted official documents for an IPO later this year. Forgame Tech Co. , a video game production company, has presented its official initial public offering documents to Hong Kong's equity agency and plans to start the IPO later this year, said the sources, who requested not to be identified.
Nuvo Research and Paladin Labs completed their loan arrangement. Nuvo Research Inc. and Paladin Labs Inc. announced that they have completed their loan agreement.
Troy Resources announced that it would proceed with Azimuth compulsory acquisition. Troy Resources Limited announced on a press release that its interest in Azimuth Resources Limited now amounted to 93.
South Korea will decide next week whether to proceed with the auction for the supplying of 60 next generation fighter jets worth US$7.31 billion.
Lenovo announced that they have no plans to issue bonds Lenovo Group Ltd, announced that they have no plans to issue bonds in the near term. The decision of Lenovo is based on the global market volatility Lenovo CFO Wong Wai Ming said in a telephone intervier, "The debt market was actually in a turmoil probably a couple of weeks ago.
Tribune Co plans to dismiss its newspapers from the firm’s TV business, marking the end of news broadcasting and publishing collaboration.
