Author Archives
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Google set to acquire Apigee Corp for $625 million
Apigee’s expertise lies in developing APIs for cloud computing. Analysts opine that the deal could help Google close-in on the competition. In a deal aimed at garnering a greater share of the increasingly lucrative cloud business, Google has disclosed that… Read More ›
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Hewlett Packard Enterprise set to divest Micro Focus for $8.8 billion
Originally a British company, the move reflects a shift in HPE’s strategy, which tries to capitalize on opportunities presented by Brexit while changing its focus from printers and computers to networking, storage and technological services. Hewlett Packard Enterprise Co has… Read More ›
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Activity tracking is Apple’s new mantra
In a strategic move, with the launch of the iPhone 7, Apple plans on consolidating its position in the smartphone market while it forays deeply into the fitness market and grabs market share from existing players such as Fitbit. The… Read More ›
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Apples makes a splash with its Apple Watch Series 2
With the Apple Watch Series 2, Apple has narrowed its focus on the wearable fitness market, a huge plus from its earlier fashion offering. However according to analysts, unless it can partner the new watch with a killer app, its… Read More ›
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SEC allows BlackRock funds to borrow funds from one another
The move will help it improve its liquidity position with customers. Officials from the U.S. Securities and Exchange Commission have stated in a notice that portfolio managers of BlackRock Inc. will be allowed to borrow money from one another in… Read More ›
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Enbridge buys Spectra for $28 billion
This marks the biggest acquisition in the oil and gas sector since 2014. In a deal that is set to create the largest North American energy infrastructure company, Canada’s Enbridge Inc. has disclosed its intention of acquiring Houston based Spectra… Read More ›
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Pershing Square acquires 9.9% stake in Chipotle
With this acquisition Ackman has again waded into the fast-food sector. While he will shake up the board on a variety of issues including director’s tenure, Pershing Square itself will be under immense pressure to perform given its lackluster performance… Read More ›
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Russia-Saudi’s oil pact could limit the glut in the global oil pool
The pact needs to be operationalized into an oil freeze deal which could then see reduction in crude oil production from two of the world’s top producers. In a development that could potentially have far reaching consequences, Russia and Saudi… Read More ›
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Britain concerned on Brexit’s impact over its financial sector
Can the EU risk giving Britain a unique deal of restricted immigration and unrestricted access to its single market? The exception could become the rule. According to Britain’s minister who is charged with negotiating Brexit, the country is pushing for… Read More ›
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ECB’s government bond buying spree hits 1 trillion euros milestone
Since it is especially hard to gauge the impact of this exercise, extending it beyond its stipulated March date may leave it in a vulnerable position, especially since it is running out of options to buy quality debt bonds. The… Read More ›
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