Archive for November 21st, 2012

Pound coins

UK’s deficit reduction target in doubt as public sector borrowing shoots up

The UK’s borrowing was much higher than expected in October 2012, increasing speculation that the government will miss its deficit reduction target for 2012-13. Public sector net borrowing last month, excluding financial sector interventions, amounted to GBP8.6bn. This is GBP2.7bn […]

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Daily Mail agrees to sell regional newspaper arm in £53m deal

UK's Daily Mail and General Trust plc (LON:DMGT), or DMGT, unveiled Wednesday an agreement to sell its

Social Media

Social media marketing essential to reach and form relationships with consumers

Most brands will be well aware of the importance of social media as a marketing channel. Recent figures from marketing software provider HubSpot suggest that more than eight

Omega 3

Chemical giant BASF to table bid $843m bid for Norway’s Pronova BioPharma

German chemical major BASF AG (ETR:BAS) said Wednesday it would launch a voluntary public cash offer to acquire Norwegian omega-3 fatty acids producer Pronova BioPharma ASA (PINK:PVNAY) in

Wipro improving Marketing performance through partnership with ThinkVine

Wipro Ltd. (NYSE: WIT) outsourcing arm Wipro Technologies and ThinkVine have entered into a strategic partnership to provide consumer goods companies a comprehensive package of solutions and services

Tellabs to resume buying back company shares

Tellabs(NASDAQ: TLAB) said it intends to actively repurchase its common stock under an existing board of directors authorization, previously announced on Nov. 8, 2007.

The company may repurchase up

ServiceNow closes follow-on public offering

ServiceNow, Inc. (NYSE: NOW) announced the closing of its previously announced follow-on public offering of 16,100,000 shares of its common stock at a price to the public of

Phoenix New Media 3Q revenues up by 5.8%

Phoenix New Media Ltd. (NYSE: FENG) said third quarter 2012 total revenues increased by 5.8% year-over-year to RMB286.4 million ($45.6 million), driven by an 11.4% increase in net

Orange and Akamai form strategic Alliance

Telecom company Orange and Akamai Technologies, Inc. (NASDAQ: AKAM) announced a strategic alliance to address the growing needs of the enterprise sector for improved content delivery.

Orange has agreed

NAV Canada to invest in Global, satellite-based aircraft tracking

NAV CANADA said it has signed an agreement finalising the terms of its participation in Aireon LLC, a joint venture with Iridium Communications Inc. (NASDAQ: IRDM), previously announced

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