du awards contract to ZTE for 3G wifi router

ZTE announced that they were awarded a contract for 3G wifi router ZTE announced that they were awarded a contract to provide the Middle East's fastest growing telecom service provider du with its 3G Wi-Fi Router called the MF29.


Kymeta raises US$50 million new financing

Kymeta raised US$50 million new financing. Kymeta, a Redmond-based satellite antenna developer that is not even a year old, showed signs of quick growth.

Patriot Capital's latest PE fund raises US$250 million

Patriot Capital's latest PE fund raised US$250 million. A small business investment company (SBIC) fund was recently closed by the Patriot Capital Family of Funds.

Pharmstandard offers to buyout shares from rebel shareholders.

OAO Pharmstandard stated they would buyout disgruntled investors at a discount. Russia's biggest pharmaceutical company, OAO Pharmstandard, shrunk the most since May 2009 after its plan to buy out unhappy investors' shares at a discount was revealed.


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Legendary Pictures owner Thomas Tull is said to be in talks about a deal with Universal Pictures Legendary Pictures, owned by Thomas Tull, has been talking to several other studios as the set contact with Time Warner's Warner Bros.
CGX Energy Inc announced the completion of the consolidation of common shares for the company CGX Energy Inc. announced the completion of the consolidation of issued and outstanding common shares.
Carl Icahn and Southeastern Asset Management planned buyout for Dell Inc. was backed by the company’s shareholder, Yacktman Asset Management.
Air Asia X Bhd makes a modest debut after the recently concluded US$310 million IPO AirAsia X Bhd made a modest market debut after its recent IPO (initial public offering) raised US$310 million to help the budget carrier expand its strong growth prospects for travel to and from Southeast Asia.
A JPMorgan report made Credicorp a top pick amid continued Peruvian economic growth. According to a JPMorgan Chase & Co. report, Credicorp Ltd. , the Lima-based parent company of Banco de Credito del Peru, may gain up to 32% by the end of this year as the Peru's economy continue to grow.
Global Power announced that they acquired privately owned IBI, LLC. Global Power Equipment Group Inc. announced today that it has acquired privately-owned IBI, LLC.
On Wednesday, Alibaba was reported to use the net proceeds of its IPO to fund more acquisitions as it wanted to broaden its mobile services.
India state-run banks have been required to submit plans on how to raise US$25 billion. To strengthen risk defenses and to comply with recent changes to the Basel III capital standards, India's state-run banks are required this month to decide on methods to put up more than INR1.
BlackBerry CEO asked investors for patience during meeting. Chief Executive Officer of BlackBerry Ltd. , Thorsten Heins, asked investors for more time and their patience at the company's annual meeting on Tuesday.
The U.K. Business Secretary has outlined their plans for the sale of stocks in the state-owned Royal Mail Group Ltd