Merlin set to close London share sale early

Merlin Entertainments was set to close its London float order books early because of the strong demand, according to a source.


Shunfeng shares rise after winning bid for Suntech’s main unit

The shares of solar-cell maker Shunfeng Photovoltaic International Ltd rose after it agreed to buy Suntech Power for $492 million.

JPMorgan hiring practices under review

JPMorgan Chase hiring practices now being reviewed by US, British and Hong Kong regulatory authorities.

Nine Network to do IPO at the ASEX

The Australian Securities Exchange would be the venue for the IPO of Nine Network. The firm that owns Nine Network would start trading on the Australian Securities Exchange by December 6.


Latest News

SunPower Corp acquired Greenbotics Inc for its robots that clean solar power panels. US solar manufacturer SunPower Corp purchased Greenbotics Inc. The latter manufactures robots that can clean solar panels.
Billabong International would be selling its West 49 stores to YM Inc for CAD 9 million to CAD 11 million.
Westpac CEO Gail Kelly reports a good 2013 and expects a better year for 2014. Westpac is set to increase its focus on growth for 2014, as it looks forward to another record making profit season.
The president of the Federal Reserve Bank of Dallas has called out the US leadership on its continued gridlocks in a speech held in Sydney, Australia.
Centrica decided to scrap plans for £2 billion wind farm unless the government subsidies to be given will be significantly increased.
A consortium led by Chinalco was shortlisted to bid for Glencore Xstrata's copper mine in Peru, a Chinalco executive said.
With two mainland China IPOs oversubscribed, consumer confidence indicates greater trust in new IPO shares.
Woori Finance Holdings Co.'s share values fell by nearly 3% to KRW12,000 per share. The share values of Woori Finance Holdings dropped to its lowest levels in nearly a month.
A CNBC report said that SAC Capital Advisors would plead guilty to securities fraud charges and pay a fine of USD 1.8 billion.
Shares of Chinese technology companies remained high despite fraud allegations of NQ Mobile. A Bloomberg report said that fraud allegations hurled against NQ Mobile did not affect other Chinese companies.
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