World Stock Markets Mount on Indications of Firm US Upturn

New York, May 20 (FinanceEnquiry.com) – Proof of a stable economic improvement in the US assisted drive world stock markets higher on the first day of the current week. Showing an indication that major economy of the planet is ameliorating, a measure of future economic action issued on May 17 grew more...

AMR Hopes to Take Merger Decision Soon

New York, August 13 (FinanceEnquiry.com) – Chief Executive Officer (CEO), Tom Horton of AMR Corporation, the insolvent parent of American Airlines and third-largest carrier of the US, informed that the company has started weighing its strategic options which includes merger with US Airways Group, Inc...

Sprott Power (SPZ) All Set to Buy Shear Wind (SWX) Worth $33.2 Million

New York, August 9 (FinanceEnquiry.com) – In order to expand portfolio of wind power projects, Sprott Power Corp, which is a renowned developer of renewable energy of Canada, finally consented to purchase Shear Wind Inc for $33.2 million in cash. So, to obtain all the shares of Shear Wind, Sprott Power...

Starbucks and Square All Set to Tie Up

New York, August 8 (FinanceEnquiry.com) – Formation of a partnership with Square to increase payments of mobile has been proclaimed by Starbucks (NASDAQ: SBUX), the coffee giant. At Starbucks stores situated in the United States, Square will commence processing all transactions of credit as well as debit...

Express Scripts (NASDAQ: ESRX) Increases Estimate as Medco Merger Begins

New York, August 8 (FinanceEnquiry.com) – Following the possession of Medco Health Solutions Inc that was accomplished in the month of April, Express Scripts Holding Company (NASDAQ: ESRX), one of the biggest US processors of drug prescriptions, augmented its annual profit forecast seeing gross margins...

Campbell Soup (NYSE: CPB) Finishes Buyout of Bolthouse

New York, August 8 (FinanceEnquiry.com) – By paying a sum of $1.55 billion to private-equity firm Madison Dearborn Partners, LLC, Campbell Soup Co (NYSE: CPB) recently proclaimed about completing the acquisition process of Bolthouse Farms that will be operated as a separate business unit. Adding almost 5-7...

Teknosa Hires HSBC for Acquisitions Suggestions

New York, August 6 (FinanceEnquiry.com) – Turkey’s biggest electronics retailer, Teknosa Inc & Dis Ticaret  AS has hired the Turkish investment banking and brokerage arm HSBC Yatirim Menkul Degereler AS of HSBC Holding Plc. The motive behind the deal was to take suggestions on possible...

SGX Purchases 49% Stake in Energy Market Company (EMC)

New York, August 6 (FinanceEnquiry.com) – Singapore Exchange announced its deal to acquire 49 percent of stake in an Singapore-based company, Energy Market Company (EMC). The stake of 49 percent has been acquired from M-Co Pte Limited by SGX for an amount worth $17.64 million and a deferred consideration...

TSMC’s Revenues Rises After Buying 5% Stake in ASML

New York, August 6 (FinanceEnquiry.com) – The revenues of Taiwan Semiconductor Manufacturing Company (NYSE: TSM) rose after it agreed to invest in one of the largest chip equipment manufacturer in the world, ASML Holding NV (NASDAQ: ASML) and reached to 1.11 billion euros amounting to $1.38 billion. TSMC...

Advent Agrees to Purchase Stake in AOT Bedding Super Holdings

New York, August 6 (FinanceEnquiry.com) –  On August 5, Advent International, the private equity firm, informed about purchasing a majority stake in AOT Bedding Super Holdings which is the parent firm of National Bedding and Simmons Bedding- the manufacturer of Serta mattress. According to sources, at...

ThaiBev Gets Loan of $2.3 billion to Purchase 22% Stake in Fraser and Neave

New York, August 4 (FinanceEnquiry.com) – Southeast Asian nation’s biggest brewer, Thai Beverage Pcl has won the loan facility of $2.8 billion from global banks in order to finance the buy a 22 percent stake in Fraser and Neave Ltd. ThaiBev  is a wholly owned subsidiary International Beverage...

MetLife (NYSE: MET) Accomplishes Buying Process of Reynolds Plantation

New York, August 3 (FinanceEnquiry.com) – Confirmation of purchasing one of the biggest luxury golf courses in Georgia which will be managed by Birmingham-based Daniel Corp has ultimately been reported by MetLife Inc (NYSE: MET), a New York-based financial conglomerate on August 2. The process related with...