fbpx

Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Sensata Technologies Holding NV’s share price up, to acquire Schrader for $1 billion

August 18, 2014 1:39 pm
Sensata Technologies Holding NV, a Netherlands-based sensor and controls maker, revealed in a statement today that it has agreed the acquisition of Schrader International Inc. from Madison Dearborn Partners LLC. The deal, estimated at $1 billion, will reinforce Sensatas positions in the pressure sensor market, and is expected to add significant earnings in the years […] Read more

Daimler AG share price up, Chinese authorities find Mercedes-Benz brand guilty of manipulating prices of spare parts

August 18, 2014 9:51 am
The official Xinhua News Agency reported that the luxury car unit of Daimler AG – Mercedes-Benz – has been found guilty by Chinese regulatory authorities of manipulating prices of after-sales services. The decision followed an investigation which proved that Daimler AGs Mercedes-Benz luxury vehicles division abused pricing for after-sales services and supplies of replacement parts […] Read more

Google Inc. share price down, acquires digital-photo analysis start-up Jetpac Inc. to bolster mobile and advertising capabilities

August 18, 2014 8:57 am
Google Inc.s acquisition spree continues with the purchase of software developer Jetpac Inc. as the technological giant focuses on organizing gathered information and delivering it together with ads to both PC and mobile devices users. Google Inc. has been focused on a series of acquisitions to boost its mobile and advertising capabilities. Earlier in August […] Read more

Blackstone Group LP share price down, nears acquisition of Investec’s mortgage lender Kensington in cooperation with TPG

August 18, 2014 7:21 am
U.S.- based asset managers Blackstone Group LP and TPG are drawing closer to acquiring British subprime mortgage lender Kensington, which is currently owned by the financial services provider Investec. The deal is considered a sign for increasing global investor interest towards the U.K. market. According to Sky News, which first reported of the deal, the […] Read more

J C Penney Company Inc.’s share price up, posts a smaller second quarter loss

August 17, 2014 3:59 pm
J C Penney Company Inc. made an official statement and shared a smaller second ­quarter loss due to the fact the company has benefited from promotions and discounts, which attracted more customers over the period. The U.S.­based department ­store chain hasnt posted an annual profit in three years. According to the companys statement, the net […] Read more

Electrolux AB’s share price up, in preliminary negotiations to acquire the appliance unit of General Electric Co.

August 17, 2014 10:57 am
Swedish appliance maker Electrolux AB revealed that it has held preliminary negotiations with General Electric Co. over the acquisition of the latters appliance business. This step makes the company part of other potential suitors, who have been focused on contracts that would provide them with the opportunity to expand their reach in North America. Still, […] Read more