Firm Management

Lada is set for major developments, such as the appointment of its first non Russian CEO. Bo Andersson was recently appointed by OAO AvtoVAZ as its new CEO.

Twitter's share price increase shows the divestiture of the conservative approach to IPO management.

BlackBerry's cash reserves may only last until 2014. Beleaguered smartphone maker BlackBerry had planned to issue convertible notes worth USD1 billion after the collapse of its Fairfax Financial Holdings bid.

3i pays EUR165 million for the 49% stake of Allianz Capital Partners in Scandlines. 3i, the private equity investor, had bought out the co-owner of its ferry group Scandlines.

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Acer CEO and Chairman J.T. Wang announced his resignation today amidst a better third quarter results report.

Sidley Austin LLC had announced Timothy Spangler joining the firm as its new partner for its Global Investment Funds unit.

The two banks for middle market advisory services have merged to provide a wider range of portfolio services to its clientele.

The leather goods specialist Allen Edmonds Corp is purchased by an affiliate of Brentwood Associates.

The fifth global business unit for Ford serving the Middle East and African regions would be headquartered at Dubai, in the UAE.

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

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.