Retail Newsletter - 17 May to 23 May, 2013

The Blackstone Group L.P. (BX) announced that it has made a bid to take over Pactera Technology International Ltd. (PACT), a U.S. listed Chinese company. The deal has been valued at $680.4 million. Blackstone has offered $7.50 per share for the U.S.

International News: Nokia may develop "larger-sized handsets". The market for phablets is steadily getting populated, and the Finnish giant is reportedly in discussion about making a headway into this segment. Industry sources have told Digitimes ...

Porsche revealed their next gen hypercar, 918 Spyder with a set a new hi-res images and some interesting new technical details yesterday. Apart from this, Porsche is also confident that their new car, 918 Spyder will be better than Ferrari's ...

As the date for the make or break meeting with the International Olympic Committee (IOC) approaches, top Indian Olympic Association (IOA) delegates were busy on Monday giving finishing touches to their action plan for the crucial event to be held in ...

International Rectifier Corp. (IRF) reported third-quarter 2013 loss per share of 29 cents, narrower than the Zacks Consensus Estimate of 40 cents loss per share.Revenues The company reported revenues of $224.3 million, down 9.6% year over year and ...

Watch out Kimmel and Fallon, a new character is emerging on the late night circuit. Starting this spring, the Capn Crunch pirate will be hosting his very own YouTube talk show every other Tuesday at 11:35 p.m. ET. SLIDESHOW: 11 Sweet Ideas for ...

Surf wear maker Billabong International (ASX: BBG) has announced that it has extended talks with takeover party Sycamore Partners. On April 9, Billabong announced that it was entering into a ten business day period of exclusivity with a consortium ...

-- Brother International Corporation, a leader in small business technology, today announced the launch of the MFC-9000 series, its newest series of digital color all-in-ones. This new series is anchored by the flagship model MFC-9340CDW, which ...

Moneygram International, Inc. [MGI] to Ring The NASDAQ Stock Market Opening Bell Intraday Stock Chart ADVISORY, May 21, 2013 (GLOBE NEWSWIRE) -- What: Moneygram International, Inc. [MGI], a leading money transfer company, will visit the NASDAQ ...