WellPoint and Amerigroup have inked a definitive agreement in accordance with which the first will acquire Amerigroup, which will enable the acquirer to effectively and efficiently serve the growing Medicaid population. WellPoint expects ...
Tags: WellPoint, Amerigroup, Medicaid population, insurance
BlackBerry manufacturer Research in Motion's (RIM's) apparent return from the brink has continued with stock prices increasing again following a rise in rating by Goldman Sachs. Share values in the Canadian firm rose six per cent after a ...
Tags: BlackBerry, RIM, smartphone, return from the brink
Toronto Dominion Bank has disposed its US insurance subsidiary to USI Insurance Services, a middle-market brokerage firm owned by Goldman Sachs Capital Partners, for an undisclosed amount. The bank cum underwriter said that it sold the US ...
Tags: Toronto Dominion Bank, USI Insurance Services, dispose, insurance
UK-based United Biscuits has completed the separation of snacks division from the rest of the operations, as a part of its plan to sell the company in parts. To lead the snacks division, United Biscuits has appointed the current president ...
Tags: snacks division, biscuits and cakes, domestic and international markets
USI Insurance Services (USI) has acquired Lynch, Beretta and Bucci Insurance, a Pawtucket, Rhode Island-based property and casualty insurance agency in an undisclosed transaction. USI's regional CEO for New England Thomas Stiles said that ...
Tags: USI, Lynch, acquire, property and casualty insurance, insurance
Canada's private equity investment firm Onex has inked a definitive agreement to purchase USI Insurance Services from GS Capital Partners VI Fund,and certain of its affiliates(GS Capital Partners),for nearly$2.3bn. The agreement,which ...
Taiwan’s HTC Corp. sold 2.8 million smartphones in mainland China in the third quarter of 2012, nearly double the amount it sold a quarter earlier in the mainland, according to market consulting firm Canalys, Meanwhile, the sale ...
Tags: HTC, Q3 Smartphone
Taipei, Nov. 15, 2012 (CENS)--Taiwan Semiconductor Manufacturing Co.’s (TSMC’s) board of directors recently approved capital appropriation totaling NT$95.5 billion (US$3.29 billion at US$1:NT$29) for several expansion plans. ...
Tags: TSMC, expansion plan, R and D project
Four days of non-stop manual efforts by datacentre staff at Peer 1 Hosting to deliver gallons of fuel to 17th floor generators has helped the colocation provider's Manhattan facility remain operational despite hurricane Sandy. ...
Tags: Peer 1 Hosting, network connections, Hurricane Sandy, power generators
Big Switch Networks today unveiled its first software defined networking(SDN)products. Founded in 2010 in Palo Alto,the company has been developing its systems for two and a half years,beta testing them with companies such as Goldman ...
Tags: Big Switch Networks, first software defined networking(SDN)products
CORTE MADERA, Calif. -- Restoration Hardware says it expects its planned initial public offering of stock will be priced at $22 to $24 per share, raising about $114 million to $124 million for the home furnishings retailer. Restoration ...
Tags: Hardware
Danaher Corp (DHR.N) and Cooper Industries (CBE.N) will sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion, joining a growing group of U.S. conglomerates that is divesting its non-core ...
Tags: Market View, Power tool
News reports, backed up by several industry sources, say that the sale of KraussMaffei Group -- the world’s largest manufacturer of plastics equipment -- could be coming soon by Madison Capital Partners. Reuters and the German ...
Tags: market view, plastics machine
Goldman Sachs is launching a new datacentre strategy to achieve higher cost savings and improved IT energy efficiency.The investment bank will replace its existing real estate-based datacentre infrastructure with modular datacentre ...
Tags: Goldman Sachs, modular datacentres, save costs, IO, data
Construction cranes are shown perched on top of One World Trade Center on June 25.The steel skeleton of the skyscraper has been completed and the next step is adding the glass'skin.''/Associated Press file photo NEW YORK—The steel ...
Tags: construction, NEW YORK, One World Trade Center, Barack Obama