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Cooper Tire & Rubber, Apollo Tyres go to trial today over buyout deal

Cooper Tire & Rubber and Apollo Tyres would be meeting in court today over its planned buyout deal.


Pimco loses fund crown to Vanguard

Pimco Total Return lost its title as the biggest mutual fund to Vanguard Total Stock Market Index. Vanguard Total Stock Market Index overtook Pimco Total Return as the world's largest mutual fund by assets.

Spire Capital to make full exit of Just Marketing International for USD 76 million

Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.

Morgan Stanley experiences trading losses in third quarter

Morgan Stanley posted losses on seven trading days in the third quarter but losses did not go over its value-at-risk.


Latest News

Clothing company Joules scored a GBP 22 million investment from private equity company Lloyds Development Capital.
School bus company Atlantic Express Transportation Corp filed for debt relief. Atlantic Express Transportation Corp sought Chapter 11 bankruptcy protection, according to a court filing.
Vista Equity partners reached its USD1.1 billion target for its second Foundation Fund. Vista Equity Partners closed USD1. 1 billion for its second Foundation Fund for small and mid-cap software entities.
Dallas-based TI and 7-Eleven executives attended a forum in the Southern Methodist University where corporate venture capital was discussed.
Velocity Venture Capital accepted 10 technology startups into the third level of its Business Accelerator program.
BlackBerry Interim CEO John Chen stressed his experience to be able to turn around the firm. in light of the pull out of Fairfax Financial Holdings and the removal of their CEO, BlackBerry did damage control in appointing John Chen as its interim CEO and executive chairman.
Twitter reprices its IPO shares to USD23 and USD25 per share, pegging the volume price at USD1.75 billion.
Top equity fund manager in Thailand reduced domestic shares holdings and sold off stocks while protests against government amnesty bill continued.
Carlyle Group hired weteran buyout Warburg Pincus executive Kewsong Lee to be its Deputy Chief Investment Officer.
Social media is utilized by financial advisers to connect with managers and prospective clients. In a report by Zurich Financial Services Australia, the number of financial advisers using social media has increased.
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