Sandridge Oil posts a 'happy' fourth quarter loss. Oil and gas company Sandridge Energy announced a fourth quarter loss while at the same time bucking criticism from its line of activist investors.
Growth Equity
British Luxury Brands Exploring Partnership in India
Jaguar and Land Rover exploring deal with Tata Motors to manufacture vehicles in India. Jaguar Land Rover, one of Britain's most exclusive car brands, is said to be doing its due diligence as to the possibility of manufacturing its luxury cars in India.
Twilio Mirrors Facebook's Strategy for Worldwide Success
Twilio has been creating a fund similar to what Facebook created to increase world presence. Internet telephony company Twilio has been following what internet giant Facebook did to create pathways for success.
Options Available for Chrysler and Fiat
Marchionne, CEO of Fiat and Chrysler, opens up on possibilities for the future. Sergio Marchionne, concurrent CEO of Fiat and Chrylser Group LLC, said that he is determining whether the next step forward would be Chrysler going public or the carmaker would be merged with Fiat.
Harris Teeter on Track for Record Takeover Valuation
Harris Teeter valued well above market rate, set to be record takeover in its industry. The US grocery store chain Harris Teeter Supermarkets have boasted that it has increased its sales every year in the past decade.
Latest News
Morgan Stanley, Main Street and Zions provide financing for OneRoof Energy. A group consisting of Morgan Stanley, Main Street Power Co and Zions Bancorporation has provided OneRoof Energy Inc with a US$100 million facility to enhance its current operations in providing financing for residential solar energy systems.
Valean Pharmaceuticals active to deal but limited in cash. Valeant Pharmaceuticals International Inc is now on a spending spree, actively pursuing both merger and acquisition possibilities according to its CEO Michael Pearson.
Goldman to sell debt in Chilean local market. The fifth largest US bank by assets, Goldman Sachs Group Inc, is planning to expand into the Chilean market with the sale of fifty year bonds in the local market.
Allianz has been in the focus of its own growth in the German market. The business unit of Allianz in Germany has been considering merger opportunities in the Germany market as it focuses on increasing its business presence, according to Markus Riess, unit head.
Scams on fraudulent private equities rob individuals of hard earned money. The city of Tianjin in China was rocked with controversy as thousands of retail investors claimed they were tricked by a group that offered illegal wealth management products.
BT purchases ESPN UK and Ireland with ESPN America coverage. BT, in a bid to pry open the hold of BSkyB over the pay-TV sports market in Europe, has agreed to purchase ESPN's UK and Ireland television business.
Orbimed expands into Indian healthcare industry. Orbimed Advisors of New York is now preparing to launch its second Pan Asia Healthcare Fund by the end of 2013.
Greenbriar has been negotiation to buy solar product properties as it focuses on expanding real estate business.
Richter has said that it has formed a new joint venture with its marketing partner to improve direct presence in the Chinese pharmaceutical market.
