CIOs at midmarket and large companies in Europe and the U.S. will spend 4.5 percent more on IT products and services this year than in 2013 as they focus their budget priorities on cloud computing, ERP and analytics software. That’s ...
Tags: IT budget, cloud computing
Beam has been acquired by Suntory Holdings Japanese beverage company Suntory Holdings is set to acquire all outstanding shares of premium alcoholic spirits company Beam Inc for US$83.50 per share in cash or total consideration of ...
Tags: Suntory Holdings, acquisition, Beam
This story appears in the December 2013/January 2014 issue of iTECH, published in the Dec. 16 print edition of Transport Topics. Click here to subscribe today. A new "blue paper" by the research department of investment bank Morgan ...
Tags: Trucking, Trucking News, Driverless Vehicles
Anticipation of higher earnings in fiscal 2014 is buoying Japanese electronics stocks, with Hitachi, Panasonic, and many others outstripping their own 2013 market performance in the new year. On Wednesday, 178 issues on the Tokyo Stock ...
Ikaria, Inc., a critical care company focused on developing and commercializing innovative therapies designed to address the significant needs of critically ill patients, announced today that its investor group and employee shareholders ...
Tags: Ikaria, sell the Commercial Business, Madison Dearborn Partners
Winter can be a difficult time for people with allergies, but they can take steps to reduce their exposure to indoor triggers such as mold spores and dust mites, experts say. "During the winter, families spend more time indoors, exposing ...
GT Advanced Technologies Inc. announced plans to offer $125,000,000 aggregate principal amount of convertible senior notes due 2020 (the "Notes") and 12,000,000 shares of its common stock ("Common Stock") in concurrent underwritten ...
Caravan Craft Retail Private Limited (CCRPL) a single brand retail venture committed to the revival and promotion of Indian craft and providing meaningful livelihood to the country's artisans opened its first store in Phoenix Market City, ...
Tags: Caravan Craft, Indian craft, revival, forgotten crafts
SAP co-chief executive Jim Hagemann-Snabe's recent comments about the company's low expectations for profit from the UK cloud industry have been misconstrued and are "not true" of the firm's actual goals, VP of cloud strategy Sven Denecken ...
In conjunction with a presentation today at the Morgan Stanley Global Consumer Conference, General Mills reaffirmed its key financial targets for the 2014 fiscal year. The company said that for the fiscal year ending May 25, 2014, it ...
Tags: General Mills, Financial Targets
Following a meeting with Apple CEO Tim Cook and CFO Peter Oppenheimer, an analyst believes that we can expect to see an increase in the frequency of iPhone releases from 2014. In a note to investors sent out on Wednesday, Morgan Stanley ...
American International Group (AIG) is reportedly believed to file a lawsuit against Morgan Stanley over $3.7bn mortgage-backed securities. The announcement was made in the Morgan Stanley's 10-Q filing with the US Securities and Exchange ...
Tags: AIG, Mortgage-Backed Securities
Shuanghui International, a Chinese food giant, is seeking to raise up to $6bn through an initial public offering (IPO) in Hong Kong in the second quarter of 2014. The Chinese firm recently acquired US-based hog and pork processor ...
Tags: Shuanghui International
No one is predicting a wine supply apocalypse, but when Morgan Stanley analysts believe wine flow is dwindling, the industry gets jittery. Released on Oct. 28, a Morgan Stanley report points to a 2012 wine undersupply: Including non-wine ...
Tags: Agriculture, Food
Lala, a Mexican dairy producer, has charted out plans to expand its presence outside of Mexico, Central America and abroad, following a $1bn initial public offering (IPO) this week. The IPO transaction was headed by JPMorgan Chase, while ...
Tags: Dairy Firm, IPO transaction