Author Archives

• With strategic low key moves Well Fargo grabs headlines

  By admin1 on March 31, 2016 • ( 0 )

  

  Slow consistent growth has helped nurture Wells Fargo into the giant bank it is today. Known for the strength of its retail banking, Wells Fargo has been stealthily making a name for itself in the far west of Midtown Manhattan,… Read More ›

• 36 companies queue up for minority stake in Paramount Pictures

  By admin1 on March 31, 2016 • ( 0 )

  

  Ever since Phillip Dauman threw open the doors for a “significant” minority stake in Paramount Pictures, Hollywood studios have jumped at this opportunity. Citing confidential sources, the New York Post has reported that Twenty-First Century Fox Inc. is interested in… Read More ›

• Foxconn to acquire Sharp for $3.5 billion

  By admin1 on March 31, 2016 • ( 0 )

  

  $900 million has been cut from its initial offer arising out of the discovery of undisclosed liabilities at the very last minute. Casting off doubts of whether the two companies can work together in a fiercely competitive market, Foxconn has… Read More ›

• Amazon now offers 36 million pre-packaged services

  By admin1 on March 31, 2016 • ( 0 )

  

  Up from its previous year figure of 2 million, Amazon has reported a 20% surge in its newly formed Home Services department. Amazon has reported an increase of 20%, on average, of its home services platform which includes services such… Read More ›

• Fiat Chrysler China to recall 60K SUVs over ABS issue

  By admin1 on March 30, 2016 • ( 0 )

  

  China’s car safety watchdog AQSIQ has said that 60K SUVs are to recalled for ABS malfunction. As per a statement by China’s car regulator, Fiat Chrysler Automobiles NV’s China unit is all set to recall around 60,000 sport-utility vehicles in… Read More ›

• Orange and Bouygues boards meet independently for merger talks

  By admin1 on March 30, 2016 • ( 0 )

  

  Ahead of their scheduled merger, the board of directors of the French telecom giants meet independently to iron out any burrs and regulatory requirements that may act as a hindrance to the deal. Two anonymous sources who are knowledgeable of… Read More ›

• SunEdison at heightened risk of bankruptcy

  By admin1 on March 30, 2016 • ( 0 )

  

  Its aggressive acquisition strategy has saddled it with a whopping $11 billion in debt. However, since TerraForm Global Inc and TerraForm Power Inc, its sibblings, are yieldcos, with separate legal identities, they need not follow SunEdison if it were to… Read More ›

• Preliminary bids for Yahoo’s core assets set to close by April 11

  By admin1 on March 30, 2016 • ( 0 )

  

  As per the WSJ with April 11 set as a deadline for the preliminary bids, Yahoo is likely to finalise the deal by June or July this year. Citing sources, the Wall Street Journal has reported that Yahoo Inc has… Read More ›

• SideChef trying to create a smart kitchen standard for devices

  By admin1 on March 29, 2016 • ( 0 )

  

  With a common protocol, SideChef hopes to bring the smart in smart kitchen devices.   Although there are many smart cooking devices that will help you master your favourite dish, the problem is all of these smart cooking devices are… Read More ›