SALE

IBTimes Logo

Australia's JB Hi-Fi sees 20 pct sale growth

JB Hi-Fi Ltd, an Australian home electronics retailer, forecast a 20 percent jump in annual sales for its current fiscal year as it reported on Tuesday a 45 percent leap in net profit for 2008/09.
More news
IBTimes Logo

Rare

A rare, 5-carat pink diamond will be sold in Hong Kong this December by Christie's, which expects the stone to hover near world record prices, thanks in part to the buying prowess of top Asian jewelry collectors.
IBTimes Logo

Las Vegas Sands targets $400 million bond sale

Las Vegas Sands, the world's largest casino firm, is seeking $400 million in short-term funding to help boost cash and restart construction of its stalled resort in Macau, local media reported on Saturday.
IBTimes Logo

FDIC tests toxic assets sale program

The U.S. Federal Deposit Insurance Corp launched the first test of its Legacy Loans Program that could eventually help banks rid their balance sheets of toxic assets so they can raise new capital and increase lending, the agency said on Friday.
IBTimes Logo

FDIC launches test of toxic assets sale program

The U.S. Federal Deposit Insurance Corp launched the first test of its Legacy Loans Program to help banks rid their balance sheets of toxic assets so they can raise new capital and increase lending, the agency said on Friday.
IBTimes Logo

Judge approves Delphi sale to lender group, GM

A U.S. judge ruled on Thursday that auto parts maker Delphi Corp (DPHIQ.PK) can sell itself to a group of lenders, paving the way for the company to end its near four-year trip through bankruptcy court.
IBTimes Logo

Delphi hearing extended, Judge seen approving sale

A U.S. bankruptcy judge is likely to rule on Thursday whether auto parts supplier Delphi Corp can go ahead with its plan to sell its assets to a group of lenders and bring an end to its near four-year bankruptcy case.
IBTimes Logo

Courts approve Nortel wireless sale to Ericsson

The $1.13 billion sale of Nortel Networks' prized wireless assets to Swedish telecoms equipment maker Ericsson received the blessing of Canadian and U.S. courts on Tuesday, with a U.S. bankruptcy judge praising the bidding process.
IBTimes Logo

Courts seen approving Nortel wireless asset sale

The $1.13 billion sale of Nortel Networks' prized wireless assets to Swedish telecoms equipment maker Ericsson will likely receive the blessing of the courts on Tuesday, although it is not yet clear if it will pass Canadian government muster.
IBTimes Logo

Flextronics withdraws objections to Nortel asset sale

Flextronics International Ltd said on Tuesday it has withdrawn all objections to the sale of Nortel's wireless technology assets to Ericsson and resolved outstanding issues with the Swedish telecom equipment maker.
IBTimes Logo

Ontario wants Nortel division sale stopped: report

Ontario Finance Minister Dwight Duncan is pressing the Canadian government to block the proposed $1.13 billion acquisition of Nortel Networks Corp's wireless division, Toronto's Globe and Mail reported on its website.
IBTimes Logo

Madonna's tapes go on sale online

Rock legend Jimi Hendrix's first recording contract worth $1 and erotic audio and video tapes sent by Madonna to her old bodyguard went on sale in an online auction on Monday.
IBTimes Logo

AIG renames property-casualty arm ahead of sale

Troubled insurer American International Group Inc rebranded its property-casualty business under the name Chartis on Monday, and took a step toward selling at least part of the business.
IBTimes Logo

Plants could determine Delphi sale: report

Delphi Corp's ability to sell itself depends on four of its loss-making plants that buyers may need to inherit as part of a sale, the New York Post said on Wednesday.
IBTimes Logo

Camel-milk chocolate goes on sale globally

Dubai's Al Nassma, the world's first brand of chocolate made with camels' milk, plans to expand into new Arab markets, Europe, Japan and the United States, its general manager said on Tuesday.
IBTimes Logo

Sun shareholders approve sale to Oracle

Sun Microsystems Inc shareholders approved the computer maker's $7 billion sale to Oracle Corp as the two await antitrust clearance from U.S. and EU regulators before they can close the deal.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.