Two agribusiness firms scramble to purchase shares in Florida citrus grower Alico. The heirs of Ben Hill Griffin Jr have sold off their shares in the market leading Florida based citrus company.
Investors
Twitter's attrition rate is a challenge for investors
The high rate of non-use in Twitter is what may challenge investors in their decision come IPO time.
Eike's Rio de Janeiro had highs and lows with the billionaire
At his financial mightiest, Eike bankrolled social services in Rio de Janeiro. Investors that entrusted their money to Eike Bautista have lost most of their funds amounting to bilions as his business empire imploded.
EZChip to benefit from Verizon capital spending
The prospects of EZChip of Israel improved as Verizon announced its latest LTE programs. The second largest chipmaker in Israel, EZchip Semiconductor Ltd, jumped to its one month high on prospects that the company would benefit from the projected capital spending of Verizon Communications Inc.
Samsung may be first but Apple set to take smart watch race
Samsung is first in the smart watch race but Apple may win it all. Samsung had beaten Apple in the smart watch race. The main issue now is that the Galaxy Gear have been tepid at best.
Latest News
In a speaking engagement in India, BP CEO Bob Dudley said market pricing of natural gas in the country is the proper way to do it.
According to German software giant SAP, its Business by Design module for small and medium businesses would not be further developed but current users can still utilize its online services.
A bid from a private equity firm for its cash solutions business is being mulled by G4S. Charterhouse Capital Partners LLP is contemplating the bid amounting to GBP1 million or USD1.
Because of findings by gaming authorities as to alleged Russian mob ties, Caesars Entertainment drops Ganesvoort Hotel from its partner-investors listings.
A total of USD13 billion is to be paid out by JPMorgan under the tentative settlement agreement forged with US authorities related to mortgage backed securities.
According to banking sources, the Financial Times said the IPO of UK's Royal Mail was underpriced.
Bernie Madoff's sons were vindicated for the civil case over the properties of their father in the UK.
Software maker SAP on Saturday said it would be reducing the development capacity of Business By Design, a software product targeted to small and mid-sized business customers.
Twitter's major stakeholders would benefit from the initial public offering should the social media company's debut would succeed.
