The federal deficit – the amount by which the US government’s total budget outlay exceeds its total receipts for a fiscal year – is estimated at $680 billion for 2013. The federal debt – the sum total of the ...
Sigma Alimentos, a processed foods subsidiary of Mexican conglomerate Alfa, has offered €675m to take over Spanish meats processor Campofrio. Campofrio operates a network of manufacturing facilities in eight countries. For the fiscal ...
Tags: Sigma Alimentos, Food
Bonmarché announces the successful pricing of its initial public offering and the proposed placing (the “Placing”) of 20,007,260 ordinary shares at 200p per share by Investec Bank plc (“Investec”). Placing ...
When I was in college, the only thing to expect on November 11 was boring matchmaking parties on campus. Now Singles Day has turned into the biggest online shopping carnival in the world. Undoubtedly, e-commerce giant Alibaba Group was the ...
Tags: Singles Day, Cinderella
Tianli Agritech, Inc., a leading producer of breeder hogs, market hogs and black hogs headquartered in Wuhan City, China, today announced its financial results for the third quarter ended September 30, 2013. Mrs. Hanying Li, Chairwoman ...
Tags: breeder hogs, black hogs
Twitter's first day of trading as a public company ended successfully, as the micro-blogging social networking site saw its share value rise by 73 per cent, reaching an overall company value of $31bn (£19bn). From flotation on the ...
Tags: Twitter, Computer Products
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
Hearts must have sank at 58.com and Qunar Cayman Islands late last month when a report from short seller Muddy Waters sent shares at the US-listed Chinese firm NQ Mobile plummeting by 47%. The two firms, both based in China, planned to list ...
Tags: Chinese Listings, Investors
Twitter's stock took to its wings in its public debut, closing up more than 70 percent. The day flew by with nary a hitch and gave birth to a new batch of Silicon Valley millionaires - even a few billionaires. Now comes the hard part. ...
CamelBak revenue was down 5 percent in the third quarter, a decline being blamed on cold, wet weather and the U.S. military's drawdown. The effect of the military drawdown were expected, but the weather was not, executives at Compass ...
Tags: Transportation
Fox Factory Holding Corp. reported that sales for the third quarter increased by $9.4 million, or 12.9 percent, to $82.3 million, compared with the same period last year. The growth was largely driven by mountain bike and powered-vehicle ...
Tags: bike, Transportation
Tourism service provider Qunar.com under Baidu Inc. (Nasdaq: BIDU) has gotten listed on the NASDAQ. According to IPO price range fixed for USD 15 per ADR, financing of Qunar.com will reach USD 167 million. The figure will swell to USD 192 ...
Global largest asset management firm Blackstone Group and ICBC International acquire stakes in SCP (SZITIC Commercial Property Group Co., Ltd.) have acquired a 40% and 6% stake respectively in SCP. According to the statement released by ...
Tags: Blackstone, SCP Group
Microsoft bills its Bing search engine as a social one, and to keep it that way it’s renewing a partnership with Twitter to keep tweets appearing in Bing search results, the companies said Friday. Tweets have been featured ...
Tags: Bing, Twitter, search engine
58.com, a Chinese local classified- ad website, had its initial public offering (IPO) Thursday at New York Stock Exchange (NYSE) with the IPO price of USD 17 a share. The shares closed at USD 24.31, representing an increase of 43%. The ...
Tags: Service, 58, web service