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Solvay, Ineos divesting some operations as part of Inovyn joint venture

2015-03-20 17:55:16| Canadian Plastics Headlines

Europe-based material suppliers Solvay SA and Ineos Group have reached an agreement with International Chemical Investors Group (ICIG) to sell off some of their assets as part of the move to create the Inovyn joint venture for their European chlorvinyls… The post Solvay, Ineos divesting some operations as part of Inovyn joint venture appeared first on Canadian Plastics.

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Nintendo to venture into smartphones with mobile gaming apps

2015-03-19 16:29:47| Electronics - Topix.net

Shares in Japanese video game maker Nintendo Co on Wednesday notched their biggest daily gain since listing as investors cheered the decision by the creators of Super Mario to venture into smartphones in a bid to retain users. The stock ended limit-up, or 21%, at 17,080 yen , a day after Nintendo said it would develop mobile gaming apps with online gaming firm DeNA Co.

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Rosetta Stone Inc (RST): David Nierenberg's Latest Activist Venture

2015-03-18 17:23:05| Semiconductors - Topix.net

David Nierenberg 's Nierenberg Investment Management turned its passive stake in Rosetta Stone Inc to an activist holding, according to a Schedule 13D filing. The fund owns about 1.51 million shares constituting 7% of the company's outstanding stock.

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Siemens CEO plays down idea of rail venture with Alstom

2015-03-17 14:50:44| Industrial Machines - Topix.net

Kaeser had told French daily Le Figaro earlier this month that a consolidation between European transport companies was still possible. Asked on Tuesday whether there were any talks with Alstom, Kaeser told Reuters on the fringes of a management conference in Munich: "There haven't been any for a year.

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The Wall Street Journal: PacWest to buy venture capital lender Square 1

2015-03-02 14:28:47| IT Services - Topix.net

PacWest Bancorp has agreed to buy venture capital-focused lender Square 1 Financial Inc. for about $790 million in stock, less than a year after Square 1 went public. for each Square 1 share held, for a total value of $27.49 a share, the companies said on Monday.

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