Enghouse Systems Ltd., a Canadian software company that gets 95 percent of its revenue outside the country, has C$100 million ($91.1 million) cash available for acquisitions, as it hunts for purchases in countries including Germany and New Zealand.
NQ Mobile Inc. fell the most in five months after a weaker-than-forecast earnings report reignited investor concern about the company that has been the target of short-seller Carson Block since October.
The Bain Capital LLC consortium that bought BMC Software Inc. in a $6.7 billion September leveraged buyout is wasting no time extracting cash from the computer-network software maker after sales declined.
Oil executive Ben Kenny has spent two and a half years and $24 million improving his golf course along the banks of the Chattahoochee River, adding lakes, streams, a new putting green and driving range.
Biotechnology companies pioneer new drugs and make life better...how ironic their stocks have managed to wreak so much havoc in recent weeks. If you're looking for a culprit behind the selloff, blame biotech. The group's momentum led stocks higher, and now it's payback time.
Late last Friday, billionaire Patrick Drahi put the bankers he assembled to finance a $23 billion bid for Vivendi SA’s French phone unit on the spot. He wanted to increase the cash portion of his offer by more than $2 billion, with a record amount of loans giving lenders little protection if the fortunes of the combined company diminish.
Chinese stocks dropped, sending mainland companies in Hong Kong to the biggest decline in two months, as falling producer prices signaled weakening economic growth and technology shares sank on valuation concerns.
Argent Energy Trust, a Calgary- based producer of oil in Texas, fell to a record low after cutting payments to investors as Canadian foreign-asset income trusts lag energy-industry peers and come under scrutiny.
Chesapeake Energy Corp., the second-largest U.S. gas producer, sold a record $3 billion bond offering in two parts to refinance debt, as the cost to protect its obligations against default approaches a six-year low.