DecisionPoint Systems, Inc., a leading provider and integrator of Enterprise Mobility, Wireless Applications and RFID solutions, announced that it has raised $3.83 million in gross proceeds from institutional and accredited investors ...
Tags: DecisionPoint, RFID solutions
Vale announced Monday that it plans to sell as much as 407 million shares (an approximate 22 percent stake) of Oslo, Norway-based aluminum producer Norsk Hydro ASA in order to cut costs and boost profits. Norsk Hydro is valued at about ...
Tags: Vale, Aluminum Shares
On August 7, NVC Lighting Holding Ltd released earning estimate, it is expected that the profits in the first six months of 2013 will grow about 50% compared to the same period of 2012. Changjiang Wu, the founder of NVC, was elected as ...
Tags: NVC Lighting
Singapore Airlines has received confirmation from Australia's Foreign Investment Review Board (FIRB) that it will not object to SIA's proposed increase of its stake in Virgin Australia to 19.9%. FIRB approval will enable Singapore ...
Dell has written to shareholders they are better off accepting a bid from Michael Dell and Silver Lake to acquire the company than holding on to their shares. The company's independent directors have unanimously agreed to recommend the ...
Tags: Dell, Shareholder, Silver Lake
Jinjiang International Hotels Development (SHSE: 600754) planned to acquire 100% of Smartel that has 21 hotels, including 15 ones into operation. Jinjiang will pay for the stake with self-owned funds and proceeds from issuing additional ...
Tags: Service, hotel service
Mitsumaru East Kit (MEK, SEHK: 2358) entered into a framework agreement on the acquisition of a company specializing in manufacturing television and audio-visual products on May 20. MEK will continue to negotiate with potential sellers on ...
A plan proposed by Carl Icahn and Southeastern Asset Management last week as an alternative to Michael Dell's proposal to take his namesake company private would leave it short of cash, Dell's board warned the bidders on Monday. It wants ...
Tags: Dell Board, Icahn Bid Could
Beijing Tong Ren Tang Chinese Medicine Co., Ltd., a Hong Kong-based company jointly established by Beijing Tongrentang Co., Ltd. (SHSE: 600085) and Tong Ren Tang Technologies Co., Ltd. (SEHK: 1666), issued a prospectus a few days ago to get ...
Tags: Tong Ren Tang, Health, Medicine
Brazilian bus manufacturer Marcopolo will buy about 19.99% stake in Canada-based New Flyer Industries with an investment of CAD116m ($116.7m). The secured investment will be used by New Flyer in its future development and diversification ...
THE WOODLANDS, Texas — Retailer Conn's Inc. said it has priced its secondary offering of common stock at $26.75 per share and boosted the size of the offering by 500,000 shares. The company said the offering now consists of 5.5 ...
Tags: common stock, appliances, consumer electronics, furniture and bedding
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
THE WOODLANDS, Texas — Furniture, electronics and appliance retailer Conn's posted net income of $11.8 million or 35 cents per share in its fiscal third quarter as higher margins and a strong furniture and bedding business continued ...
The US Department of Treasury is planning to sell $5.8bn worth of its shares in American International Group (AIG), further reducing ownership stake to 61% from 70%. The department has agreed to sell 163.93 million shares at $30.50 per ...
Tags: The US Department of Treasury, American International Group
Synthetic Biologics has enterd into second worldwide exclusive channel collaboration with Intrexon to address unmet medical needs of infectious diseases. Synthetic Biologics leverages Intrexon's suite of proprietary technologies for the ...
Tags: Synthetic Biologics, infectious diseases, medical needs