Liberty Global announced that the company is contented with its 28.5% holdings in Dutch cable company, Ziggo, said a report from Reuters.
Investors
Latest Bain Capital fund raises USD2.3 billion
Bain Capital Fund XI, with a projected USD6 billion, is now worth USD2.3 billion. Bain Capital was able to raise about USD5 billion for its eleventh buyout fund.
JP Morgan reports first quarterly loss since 2004
Taking the loss as a personal matter, CEO Jamie Dimon's JP Morgan reported a loss for the third quarter of 2013.
CommScope to sell 38.5 million shares at IPO
The IPO of CommScope Holding Co is expected to reap USD800 million. Commscope Holding Co, the telecommunications equipment firm, had set pricing terms for its IPO.
Telecommunications conglomerates seek Supreme Court decision on Aereo legality
With a possible loss of USD3 billion and failure in the lower courts, telecommunications companies have gone up to the Supreme Court to decide on the legality of New York based Aereo.
Latest News
B. Braun got regulatory clearance to increase its stake in German hospital operator Rhoen-Klinikum after filing a request last month, said a report from Reuters.
As the US partial shutdown now on its eleventh day, states were confronted into choosing between putting their own funds for federal programs or letting vital services lapse.
Consol Energy's 'all options' review help share values increase. The largest US coal production company in terms of market value, Consol Energy Inc.
Community pool operator AlphaMetrix Group LLC recently fired its CFO as it grapples with liabilities far greater than its liquid assets.
Finance officials from the largest economies in the world had urged the US to avoid a possible devastating debt default last Friday, said a report from Reuters.
Vivus Inc. had signed a deal with Auxilium Pharmacauticals Inc to market its Stendra drug in the US market, said a Reuters report.
A fake press release was sent claiming Samsung Electronics would buy Sweden’s Fingerprint Cards that made shares soar on Friday trading.
Alitalia, an almost bankrupt Italian firm, had received a lifeline last Friday after the company's board approved a capital increase, reported Reuters.
CommScope Holding Co had set its price for its initial public offering which could value the company more than USD3.9 billion.
