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At the Tokyo Game Show, Motion Controllers Take the Stage

by | Sep 20, 2010 | Towing

The Nintendo Wii’s dominance over motion-control gaming eroded further this weekend as Microsoft and Sony highlighted their own new controllers at Japan’s largest video-game industry event. Plus, Sony updated PS3 to play 3-D B…

Nissan Raises China Production Target

by | Sep 20, 2010 | Towing

Nissan (NSANY) raised its production target for China, the world’s largest auto market.

The Japanese automaker raised its production target to 1.2 million units in 2012, from a previous target of 1 million, BBC News reported. The company currently produces 670,000 units a year in China.

IBM Acquires Netezza in $1.7 Billion Deal

by | Sep 20, 2010 | Towing

IBM announced Monday that it is bolstering its analytics business with the purchase of Netezza. The $1.7 billion cash transaction, which values Netezza at $27 per share — a 9.75% premium over Friday’s close — brings a long-ti…

Clorox May Sell Auto Care Brands for $800 Million

by | Sep 20, 2010 | Towing

Cleaning-products maker Clorox Co. (CLX) is in talks to sell its auto-care brands STP and Armor All to private equity firm Avista Capital Partners for as much as $800 million.

The sale may be announced in the coming days, Bloomberg News reported without naming its sources. JPMorgan Chase (JPM) has been advising Clorox on the deal.

Spirit Airlines Files for $300 Million IPO

by | Sep 20, 2010 | Towing

Spirit Airlines filed plans for an IPO worth as much as $300 million.

The airline, which offers low-cost travel to and from South Florida, the Caribbean and Latin America, would retain about half of the proceeds of the IPO and use most of the rest to pay down debt, The Wall Street Journal said.

At the Tokyo Game Show, Motion Controllers Take the Stage

Nissan Raises China Production Target

IBM Acquires Netezza in $1.7 Billion Deal

Clorox May Sell Auto Care Brands for $800 Million

Spirit Airlines Files for $300 Million IPO

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