Bankers might be disappointed with Wall Street as firms would be setting aside more money for investors.
Investors
Intuit purchase Online Scheduler FullSlate
FullSlate, an online scheduling service provider, was acquired by American software company Intuit for an undisclosed sum.
Air France-KLM depreciates Alitalia stake from books
A recent quarterly report released by Air France-KLM showed that the Franco-Dutch airline had written off the value of its 25% ownership stake in Italian carrier Alitalia.
Crown expands in Spain with Mivisa Envases acquisition
Food packaging company Crown Holdings Inc acquired Spanish food-can maker Mivisa Envases for EUR1.20 billion or USD1.65 billion.
Founders to exit from bwin.party stake, seeks New Jersey license
Founders James Russell DeLeon and Ruth Parasol DeLeon would be exiting from bwin.party digital Entertainment should their online gaming license application would be approved.
Latest News
Facebook refused to boost frequency of mobile ads, which led to a 3% drop in sales. On Wednesday, Facebook Inc. displayed strong growth in the mobile advertising business.
Twitter invited potential investors on Wednesday for a luncheon in preparation for the microblogging site's initial public offering.
A Bloomberg report said Berkshire Hathaway Inc might be making more strategic acquisitions in the near future.
William Buchanan, the Chief Executive Officer of Lazard Capital Markets, stepped down from his post after a strategic review was done by the firm.
A report said the USD 600 million worth of naked bonds by Wynn Macau showed robust appetite for Asian gaming debt despite a slow economic growth in China.
OGX Petroleo & Gas Participacoes sold the stake it held in its only producing asset shortly before filing for bankruptcy.
Three Federal Home Loan Banks withdrew their objections at the settlement of a New York lawsuit offered by the Bank of America for its Countrywide unit.
Nine Entertainment would raise AUD 600 million for its IPO in Australia, a source said. A source told Reuters that Nine Entertainment Co would be going public.
EHF to make million dollar interest payment on Friday in hopes of restructuring. On Friday, Energy Future Holdings (EFH) plans to make a USD270 million interest payment.
