Industry News

Wipro Consumer Care and Lighting's Singapore arm has agreed to buy Zhongshan Ma Er Daily Products Ltd, a Chinese fast-moving consumer goods company, for an undisclosed amount in an all-cash transaction. Wipro Consumer Care said this would be its second biggest acquisition since it bought Unza Holdings Ltd, a Singapore consumer goods firm, for $246 million in 2007.. This will be Wipro Consumer Care's 10th acquisition since 2003; and with this, it expects its..."/>
Wipro Consumer arm to buy China FMCG firm [Mint, New Delhi]
Apptio priced its initial public offering of stock at $16 per share Thursday. That's higher than its anticipated price range of $13 to $15 a share. The stock will start trading Friday on Nasdaq under the ticker APTI."/>
BRIEF: Apptio prices stock at $16 in IPO [The Seattle Times]
Microsoft researcher who helped build a low-cost system to monitor delivery of medication to tuberculosis patients, was among the winners of a coveted "genius" grant from the MacArthur Foundation. Thies' work-- at a Microsoft Research unit in Bangalore, India, one of the Redmond-based company's largest software development hubs-- is focused on how technology might aid global development. "We try to make technology more accessible and useful to low-income..."/>
Microsoft researcher Bill Thies wins MacArthur grant [The Seattle Times]
Aflac and its duck have been great for the Columbus workforce and community as a whole, as well as those fortunate enough to have invested in the supplemental insurer all these years. After all, the company headquartered on Wynnton Road, with its Paul S. Amos campus in east Columbus, enjoys a local employee base approaching 4,000. And it racks up more than $21 billion in revenue each year from its business in the U.S. and Japan. Need we say its stock price also..."/>
Aflac and its duck help CureFest put spotlight on childhood cancer [Columbus Ledger-Enquirer, Ga.]
Facebook update on Tahoma Square, the retail development just north of Washington Avenue along South..."/>
Educated guess: Five Guys may be 'cult-following' restaurant at Yakima's Tahoma Square (poll) [Yakima Herald-Republic, Wash.]
Palo Alto Networks ®, the next-generation security company, and Singapore Telecommunications Ltd. today announced availability of the Singtel Managed Advanced Threat Prevention, a unique managed security service that harnesses the expertise of Singtel Managed Security Service and the technology of Palo Alto Networks Next-Generation Security Platform to protect organizations against sophisticated cyberthreats."/>
Palo Alto Networks and Singtel Team Up to Help Organizations Prevent Cyber Breaches in Asia Pacific with New Managed Security Service
Everbridge, which city officials describe as "the worldwide leader in unified critical communications," and is designed keep residents, businesses, staff and emergency personnel..."/>
Benicia launches new emergency alert system, urges people to sign up [Times-Herald, Vallejo, Calif.]
Cabot Microelectronics Corporation’ s Board of Directors has declared a quarterly cash dividend of $0.18 per share on the company's common stock. The dividend will be payable on or about October 28, 2016 to shareholders of record at the close of business on October 3, 2016.. Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the world's leading supplier of CMP polishing slurries and a growing CMP pad supplier to the semiconductor..."/>
Cabot Microelectronics Corporation Declares Quarterly Cash Dividend
M and A Navigator: Deal pipeline –23 September
Countrywide plc has sold in aggregate 9,234,473 ordinary shares in UK-based property portal operator Zoopla Property Group plc at an average price of GBP 3.17 between the period from 9th August 2016 to 21 September 2016, the company said. The gross proceeds of the share sales amount to GBP 29.2 m. Following the disposal, Countrywide no longer has a holding in Zoopla's ordinary share capital."/>
Countrywide Sells Stake in Portal Operator Zoopla Property
Tech Data Corp. has entered into a definitive agreement to acquire the Technology Solutions business from US-based technology distributor Avnet, Inc. in a transaction valued at approximately USD 2.6 bn, the company said. Under the deal, Tech Data will pay USD 2.4 bn in cash and 2.785 m shares of Tech Data common stock. The deal value is based on a 15- day weighted average closing stock price."/>
Tech Data to Acquire Technology Solutions Business from Avnet for USD 2.6bn
Facebook post on the company's page. When I peeked in the windows before they opened for the day Wednesday, I saw more candy than my blood sugar levels would know what to do with."/>
BRIEF: Expect to see more nostalgic soda-lovers and sugar addicts at Shelter Cove now [The Island Packet (Hilton Head Island, S.C.)]
Red Hat's future growth prospects-- which the open-source software company has invested in by adding roughly 1,000 new hires over the last six months-- helped push the company's shares 4 percent higher Thursday. The uptick in the stock came after the Raleigh-based company reported a better-than-expected 19 percent jump in revenue in its fiscal second quarter and boosted its revenue guidance for entire fiscal year to a range of $2.415 billion to $2.435 billion, a $15..."/>
Red Hat's stock price and employee headcount rise [The News & Observer (Raleigh, N.C.)]
BRIEF: DAILY OIL PRICE: Sept. 22 [Odessa American, Texas]

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