Facebook, after its dismal opening at IPO and subsequent decline, is affecting the overall enthusiasm in Twitter.
Institutional investors
Alfresco going public is a bad decision - report
Doug Dennerline, who is UK open source company Alfresco's new chief executive, said that although plans for a public offering were in the cards, he would rather focus on looking for additional funding for company expansion.
Pharmakea's Series A funding round receives investment from Bay City Capital
Pharmakea Therapeutics receive funding through Series A round from Bay City Capital and Celgene Corporation.
Ripple Labs partners with ZipZap to expand digital currency and money transfer services
Ripple Labs had partnered with ZipZap, a cash transaction network, to expand its money transfer services.
Apollo wants to increase flagship fund limit - sources
Two sources told Bloomberg that private equity firm Apollo Global Management LLC was contemplating on raising its new fund limit.
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FINRA, in its oversight powers, is contemplating the imposition of a requirement of having insurance to cover payouts should the brokerage firm fail.
Marc Ecko told the Business Insider that the USD 25 million investment received by his company Complex Media would be used to benefit its shareholders.
Rosneft CEO Igor Sechin said the price offer for minority shareholders of TNK-BP Holding was fair. The share price offered by Rosneft to buy out minority shareholders of TNK-BP Holding was reportedly at a premium and should had no cause for complaint.
Activist billionaire investor Carl Icahn said on CNBC his company had placed a USD2 billion investment on shares of Apple Inc.
SEC Lawyer Jan Folena said Mark Cuban cheated when he sold his shares in an Internet firm nine years ago.
Dubai is being eyed for a USD150 billion investment push from Asian institutional investors. Institutional investors from all over Asia had placed the Dubai market in its crosshairs as a place to invest nearly USD150 billion.
News about a dinner meeting of billionaire activist investor Carl Icahn and Apple Inc chief executive Tim Cook prompted the tech giant's shares to increase by 2%.
On Friday, the New York bourse saw an increase in trading of Potbelly Corp's shares after its public listing launch.
According to a report from Reuters, bad publicity would cause a great impact on an upcoming deal as stated in the Journal of Financial Economics by Baixiao Liu and John McConnell.
