Industry

Taylor Morrison’s IPO raises $628.3 million

The initial public offering of Taylor Morrison Home Corp, which is the latest for companies tied to the housing sector, has raised $628.3 million.


Shares of First Solar Jump to 45 Percent

First Solar's shares jumped 45 percent with its announcement that it will acquire a new solar technology and that revenue in the next three years will be above Wall Street estimates.

Activist investors gets support from institutional investors

Activist investors are starting to earn the respect of U. S. institutional investors like mutual fund and state-run pension fund.

French Media group Lagardere earns $3 billion for EADS stake

French media group Lagardere has raised $3 billion from the sale of its 7.4 percent stake in Europe’s top aircraft maker EADS.


Latest News

OTK Associates LLC, the largest shareholder of Morgans Hotel Group Co. is evaluating all legal rights and remedies over the Morgans' agreements with The Yucaipa Companies.
North Korea's threats have made the financial market slightly wary, and investors exposed to South Korean stocks and bonds are seeking protection.
Investors are resorting to so-called cash funds for higher yields, as strict investment regulations are bringing down returns in the money fund industry.
French transport group Veolia Transdev expects to earn at least 1.3 billion pounds from the sale of assets it had put on sale in Germany, Belgium, Finland and Sweden.
With eyes set on the increasing demands of East Africa's growing middle class, Kenya-based private equity firm Catalyst Principal Partners has started to make investments from its $125 million fund and property ventures.
Rejecting a $6.7 billion buyout offer from rival American Realty Capital Properties Inc., Cole Credit Property Trust III has announced that it has completed the acquisition of Cole Holdings.
Investor Carl C. Icahn can be reimbursed of up to $25 million worth of expenses related to his deal work on certain conditions.
There is a new bill for consideration on the US Senate floor as to the required capital ratio of the banks, to avoid the 'too-big-to-fail' argument.
The ten year gilts at record low rates will be offered by the UK Debt Management Office in the next few days.
China's big banks are not providing more credit to small and microsized firms. According to a researcher, the big banks of China are not lending more to the smallest firms.
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