Modelo is selling off its convenience chain Extra. (Photo : Reuters)The image is a stack of Modelo beers in can in a row, who is subject to an antitrust suit by the US Justice Department.

Macoma, a biofuel company had withdrawn its IPO filing citing market conditions. Mascoma Corp, a biofuel firm backed by Vinod Khosla, withdrew its registration for its planned initial public offering.

Proto Labs distinguishes itself from 3D printing, prepares for first purchase. Custom made prototype builder Proto Labs Inc is preparing to make its first acquisition in fourteen years.

Warburg Pincus opens Bausch & Lomb for IPO at the same time seeking purchaser for the company. Bausch & Lomb Holdings Inc has recently filed papers with US regulators for its initial public offering.

Esure and Greencoat performance in London bourse is portent of things to come for the market. Two companies provide the barometer for new stock offerings last Friday, as they attracted strong demand at the time when there is a clear improvement in investor confidence.

The US, with its latest megadeals, lead the volume in mergers and acquisitions, overshadowing the bleak future of Europe and Asia.

Despite the clamor for more executive payroll controls, Credit Suisse decides to increase the pay of its CEO in 2012.

AXA stands to earn from purchase of its private equity subsidiary. In a statement, AXA is expecting to receive Eur 200 million or US$259. 94 million gain from the buyout of its private equity unit.

After a bitter battle, First Quantum wins shareholder support for Inmet. In a statement, First Quantum Minerals has said it has gathered enough shareholder support to be able to take over Inmet Mining.

BP, as promised, returns nearly US$8 billion to its investors through a share buy back program. British oil giant British Petroleum or BP Has announced that starting Friday, it would be conducting a buy back share program in consonance with its promise to reward shareholders after its sale of its interests in TNK-BP.