Apple sells more handsets over the weekend than BlackBerry did during the same quarter

Apple Inc. sold more than 9 million new iPhones over the weekend, beating sales of Blackberry at 5.9 million Z10 phones in the same quarter.


AXA Private Equity considers selling ingredient maker Diana- FT

AXA Private Equity said it had been considering the sale of its natural ingredient maker Diana for a deal valued around EUR1 billion.

Ex-Tribune Co shareholders get legal triumph

Former Tribune Co investors led by Sam Zell obtained a legal victory after a protection order for shareholders from being sued twice over the Zell deal had been granted.

Peabody’s settlement for Patriot Coal retirees rejected

The proposed settlement for healthcare benefits claim of Peabody Energy Corp was rejected by the United Mine Workers of America.


Latest News

Mobincube closes its latest financing round where investors such as Inveready contributed to put up a total of EUR700,000.
Turnbridge Capital and Pipe Pros announce the equity recapitalization of the latter though no financial details were disclosed.
Vista Equity Partners had agreed to take Greenway Medical Technologies Inc. private in a deal valued USD644 million.
On Monday, Chrysler Group LLC filed for an initial public offering after being compelled by United Auto Workers, the company's minority shareholder.
KKR & Co LP returned to China in a three way collaboration with CDH Investments and China's Modern Dairy Holdings.
Bank of America would go on trial this week over fraud charges related to home mortgages which was alleged to defraud Fannie Mae and Freddie Mac.
BlackBerry signed a tentative deal to be acquired by a consortium led by the company's biggest shareholder, Fairfax Financial Holdings Ltd.
MediSafe closes funding from known investors. MediSafe one of the best mobile medication management solution providers, recently announced it had raised USD1 million in funding.
Raindance Technologies announced the closing of a USD35 million structured debt financing plans. An innovator in genomics tools, RainDance Technologies, had announced the closure of a structured debt financing plan for Capital Royalty Partners.
One of the private equity firms focused on information and communication, BV Investment Partners, have exited its investment in Butterfield Fulcrum in favor of Mitsubishi UFJ.
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