Relational Investors LLC received 25% and 33% in their fiscal year and announced company consolidation process to turn the mid-cap and large-cap into one a single fund.
Finance/Venture
Tomorrow Partners expands services
Independent debt advisory firm Tomorrow Partners offered a new high yield advisory service. A self-regulating debt advisory company initiated a high yield advisory service to foil its debt advisory services currently in operation.
Shares around the world rise as yen falls
Global shares gained after the metal industry and the yen weakened. (Photo : Reuters)This is the facade of the Bank of Japan. Global shares increased as the metal industry weakened.
Japonica Worries of Greek’s Finances and Lowers Offer for Bonds
Japonica Partners lowers its offer for Greek government bonds due to the recent developments in the country's financial situation.
Tribune acquires 19 local TV stations worth US$2.73 billion
Tribune Co would acquire 19 local TV stations worth US$2.73 billion after getting financed by 5 firms.
Latest News
The European Union accused 13 investment banks for conniving against rivals in the credit derivatives industry.
The 17 nations in Euro zone suffered from recession. Unemployment was high but inflation rate remains up.
Mark Carney, the bank of England's new governor was urged to set aside GBP1 billion for small businesses to ais in UK's recovery.
Banks leaving Switzerland due to the loss of secrecy in the banking transactions. (Photo : Reuters)The image is a bundle of 100 Swiss francs. Switzerland, the former Mecca for European lenders when it comes to private banking is now hurt with the change in banking secrecy and the rise in compliance.
Asian factories were knocked again and the halt in growth is expected to last for nine months. (Photo : Reuters)The image is a tool and die firm floor.
Asia-pacific investors continue to fret due to Fed’s quantitative easing and China’s economic slowdown.
CDB maintains its Zero bond risk until end of 2013. (Photo : Reuters)China Development Bank maintains zero risk until end of 2013 China Development Bank is keeping its motto of having zero risk when it comes to bonds as compared to commercial banks in China.
Greece and its international lenders picked up where they left off on talks about the country's bailout loan.
Former UBS AG trader based in Sydney, Gerard Satur raised Aus$10 million from wealthy investors.
