Corporations

China's 500.com to list on the NYSE for its IPO

A projected USD150 million would be earned when 500.com lists its shares for an IPO at the New York Stock Exchange.


Goldman Sachs joins in on Mexican brokerage firm bandwagon

Goldman Sachs becomes the latest investment firm to open its own Mexican brokerage firm. Goldman Sachs Group Inc had announced the opening of a local broker-dealer firm in Mexico.

JCPenney returns shares and board seat in Martha Stewart Living

In a bid to get past the Macy's suits filed against the retailer and Martha Stewart, JCPenney had decided to amend the agreement it had entered into with Martha Stewart Living Omnimedia.

New offers made for Kerimov's Uralkali stake

After the collapse of the Belarussian venture, Kerimov is considering offers from other parties as to his stake in potash producer Uralkali.


Latest News

Sideris Pharmaceuticals Inc received USD 32 million in capital commitments in its Series A funding round.
Google Inc confirmed reports of it acquiring French startup FlexyCore, the maker of Android performance booster technology DroidBooster.
Blackstone Group and GIC agreed to buy a 28.5% stake each in Rothesay Life, the European insurer of Goldman Sachs.
HTC, which is reeling from its first quarterly loss, is seeking to recover when it enters the smartwatch race using Google's Android OS.
Bill Gates bought a 6% stake in Spain's FCC for EUR 113.5 million. Billionaire Bill Gates had purchased a 6% stake in Spain-based construction firm Fomento de Construcciones & Contratas or FCC.
A report by Bloomberg said at least three companies had been eyeing to acquire US planemaker Beechcraft Corp.
RadioShack Corp received a five-year financing worth USD 835 million. Consumer electronics company RadioShack Corp said it was able to get fresh financing from various lenders.
GDF Suez would be buying an ownership stake in 13 licenses in the Bowland basin of England from Dart Energy.
The Telecommunications Regulatory Authority of UAE would, after a five year wait, put the mobile phone number portability system operational by December.
A Bloomberg report predicted that billionaire Carlos Slim could invest in telecom companies in Europe and Brazil after his botched buyout of Dutch telecom company Royal KPN NV.
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