K•Swiss Inc. announced that, at a special meeting of stockholders held, its stockholders approved the adoption of the Agreement and Plan of Merger, dated January 16, 2013, by and among K•Swiss Inc., E.Land World Limited, a ...
Tags: Stockholders, Apparel
Macquarie Research has cut its price forecast for several commodities, including copper and gold, due to renewed concerns about future commodities demand as optimism about the global economy erodes. Macquarie Research, a unit of Macquarie ...
Tags: Macquarie Research, Demand Fears
Foreign banks continue selling stake in Chinese lenders due to uncertainties of the Chinese economy. Sources said recently that HSBC would sell an eight percent stake in Bank of Shanghai, a city-level commercial lender in the Chinese ...
Tags: Foreign Bank, bank, economy
QBE Insurance has tapped the US debt market for $US600 million to help buy back convertible securities next month, within days of being downgraded by credit ratings agency Moody's. Highlighting the strength of international debt markets, ...
Tags: QBE Insurance, US debt market
The sharemarket was hammered yesterday after Chinese economic data missed market expectations, adding to pressure from a slump in commodity prices that followed the release of disappointing US retail sales and consumer confidence data on ...
Tags: sharemarket, economy
China's imports of thermal coal could contract in 2013 as demand growth in the seaborne market is expected to moderate to 2% over the next four years, Goldman Sachs warned in a research note on Friday. "We believe 2013 will represent a ...
Tags: Thermal Coal, Chemicals
Microsoft’s stock took a beating over the weekend after a pair of research firms said PC shipments in the first quarter were down as much as 14 percent from the year before. As of 4pm on Thursday, shares of Microsoft were down ...
Tags: Microsoft Stock, PC Shipments
AUSTRALIAN shares rose to a two-week high yesterday as China's strong March import data helped US shares to record highs, and after minutes of a Federal Reserve meeting did little to change the belief that it is committed to supporting the ...
Tags: economy
Funai Electric Company, Ltd. today announced that it has signed an agreement to acquire Lexmark International, Inc.'s inkjet-related technology and assets for approximately $100 million (approximately JPY 9.5 billion). Upon closing of the ...
Tags: Office Supplies, Inkjet
Cadmium telluride (CdTe) photovoltaic (PV) module maker First Solar Inc of Tempe, AZ, USA has acquired the 150MWAC Solar Gen 2 power project from an affiliate of The Goldman Sachs Group Inc, Energy Power Partners and a third equity partner ...
Tags: Cadmium telluride, PV, electricity
BlackBerry chief executive Thorsten Heins has revealed plans to expand the Canadian firm's smartphone portfolio, to incorporate lower-end devices, in a bid to keep up with the likes of Samsung and Apple. In an interview with The Canadian ...
Tags: Blackberry, Smartphone, Consumer Electronics
Cisco this week reduced its workforce by about 1% -- or 734 people - as the company realigns to face the advent of software-defined networking, cloud computing and its impact on routing and switching. "We routinely review our business to ...
Tags: Computer Products, Electrical, Electronics
The mystery buyer of one million BlackBerry Z10s has been revealed by research firm Detwiler Fenton as Brightstar, an electronics distributor responsible for distributing mobile devices to network carriers including Verizon. Revealed ...
Tags: Mystery, Blackberry, Electronics Distributor
BlackBerry shares fell for the second day in a row after a disappointing US launch for the Z10 saw investment firm Goldman Sachs downgrade its rating for the Canadian firm. The downgrading comes just days before BlackBerry is set to ...
Tags: Blackberry, Computer Products, Consumer Electronics, smartphone
The prospects for Australia's biggest commodities export continue to worsen in the eyes of forecasters, with the federal government's forecaster wiping $66 billion from expected iron ore export revenue out to 2016-17 and leading global ...
Tags: iron ore export revenue, sharemarket, share