Author Archives

• Dropbox interviewing underwriters for its upcoming IPO

  By admin1 on July 3, 2017 • ( 0 )

  

  With this bold move, Dropbox is testing the U.S. primary market which of late has seen a lull. Its IPO will be the biggest, from the tech sector, following Snap Inc’s IPO earlier this year. Sources familiar with the matter… Read More ›

• The SEC’s confidential draft statement for IPOs is designed to boost the U.S. primary market

  By admin1 on June 30, 2017 • ( 0 )

  

  The new SEC chairman has allowed companies to file confidentially prior to their IPOs. The rule will apply to even those companies who have yet to make their first year into the public reporting system. In a development that is… Read More ›

• Nike’s pilot program with Amazon could lift its global sales by 1%

  By admin1 on June 30, 2017 • ( 0 )

  

  While Nike has managed to rein in costs, its sales have exceed analysts’ expectation. Nike, the world’s largest footwear manufacturer has disclosed, it would be launching a pilot program with Amazon.com to sell a limited assortments of its wares on… Read More ›

• Trump Administration to go ahead with $1.42 billion arm sales to Taiwan

  By admin1 on June 30, 2017 • ( 0 )

  

  China needs to recognize that its gamble to help North Korea’s nuclear and missile programs in contrast to world opinion will have consequences and this U.S Administration will not shy away from taking punitive action. The Donald Trump Administration is… Read More ›

• Warren Buffet’s Berkshire Hathaway set to be Bank of America’s biggest shareholder

  By admin1 on June 29, 2017 • ( 0 )

  

  With this development, Buffet has nearly tripled the return of investments he made 6 years ago. In a significant development, Warren Buffett’s Berkshire Hathaway Inc, is on the verge of becoming the largest shareholder of Bank of America Corp. On… Read More ›

• Sycamore Partners acquires U.S. Office supplies chain Staples Inc for Rs $6.9 billion

  By admin1 on June 29, 2017 • ( 0 )

  

  The deal underscores Sycamore’s strategic discerning ability to pick up a healthy company from a basket of bankrupt-laden ones. On Wednesday, Sycamore Partners stated it would go ahead and acquire U.S. office supplies chain, Staples Inc for a cool $6.9… Read More ›

• Philips acquires U.S. medical company Spectranetics Corp for 2.16 billion

  By admin1 on June 28, 2017 • ( 0 )

  

  Spectranetics specializes in cleaning up clogged arteries and veins. Dutch medical equipment manufacturer, Philips, has disclosed it will be acquiring U.S.-based Spectranetics Corp for $2.16 billion (1.9 billion euros), including debt. Spectranetics uses innovative techniques including, tiny drug-covered balloons and… Read More ›

• Halliburton in advanced talks to acquire Summit ESP Inc

  By admin1 on June 28, 2017 • ( 0 )

  

  The U.S. No. 2 oil producer is looking to fill a gap in its artificial lift business. According to sources familiar with the matter at hand, U.S. oil giant Halliburton Co is said to be in the midst of advanced… Read More ›

• Hedge funds take aim at Brexit-hit retailers

  By admin1 on June 27, 2017 • ( 0 )

  

  Political and economic uncertainties arising out of Brexit and May’s surprise snap elections are significantly contributing to falling sales for retailers in the UK. Britain’s inconclusive general elections along with its upcoming exit from the European Union has many hedge… Read More ›

• Sprint explores strategic partnership with Charter and Comcast

  By admin1 on June 27, 2017 • ( 0 )

  

  The likelihood of an agreement is high since it would ease antitrust concerns over its merger with T-Mobile. As per two sources familiar with the matter at hand, Sprint Corp is exploring a partnership with Comcast Corp and Charter Communications… Read More ›