What to watch in the day ahead

Cisco is expected to report higher quarterly profit for its fiscal first quarter of 2014. The report may uncover any evidence of sales pressure from the U.S. federal government shutdown and weakness in China.


NorthEdge Capital invests in Fine Industries

NorthEdge Capital invests GBP25.5 million in chemicals manufacturer Fine Industries Ltd of the Teeside, UK area to boost the company's presence and production for its future.

itBit creates Bitcoin exchange platform

itBit is a digital currency exchange that provides the latest platform for Bitcoind trading in differing currencies such as the US Dollar, Singaporean Dollars and in Euros.

Kering favours La Redoute buyer committed to keep firm going

French luxury goods group Kering, trying to sell its loss-making mail order unit La Redoute, said it would favor a buyer who would keep the business going after staff and politicians protested against looming job cuts.


Latest News

The following bids, mergers, acquisitions and disposals were reported on Tuesday. Top Russian oil firm Rosneft said it would sell about $6 billion worth of refined products to BP, establishing the British major among its biggest buyers after years without any such deal.
Solicore announced the first closure of its preferred shares A1 financing round with the participation of both new and existing investors to raise USD4 million in funding.
Oil and gas producer Harvest Natural Resources Inc said near-term liquidity constraints could hurt its ability to negotiate best possible terms to sell itself or its assets, sending its shares down as much as 32 percent.
General Sales and Leasing, Inc (GSL) and Xenetic Biosciences plc announced that they have reached an agreement on the terms of a recommended proposal for the Acquisition
Activist investor Dan Loeb, founder of hedge fund Third Point LLC, said Tuesday that his investment firm owns shares of FedEx Corp and remains bullish on Japan.
Reuters reported that NK Rosneft' OAO (Rosneft) said it had agreed to sell oil product cargoes to BP worth over $6 billion, on top of a previous deal to sell oil worth $5.3 billion.
Barton Equity Partners and Tuckerman Capital extend financial assistance to Pacific Northern and its management in its dividend recapitalization undertaking for its expansion in the luxury market.
Graphite Capital enters into an agreement with Caledonia Investments, an investment trust company, over the sale of Park Holidays UK for a value of GBP172 million.
Yododo, the largest online travel community in China, raised USD4 million in Series A funding for the expansion and improvement of its products and services.
Bradley Nii was introduced by Monroe Capital LLC as its new Managing Director for its Los Angeles office as well as its new Group Head for the Southern California region.
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