Goldman Sachs, Nike and Visa shares were added to the Dow Jone Industrial Average replacing Bank of America, Hewlett-Packard Co. and Alcoa Inc.
Investors
Terms for loans for Verizon-Vodafone buyout set
The interest rates and maturities of standing loans to back up the Verizon buyout of Vodafone was determined.
RBI allows banks to borrow capital overseas
The Reserve Bank of India (RBI) allowed local banks to borrow overseas up to 100% of their Tier I capital.
Blitsy receives investments in latest funding round
Blitsy, the online crafts company and site, received over a million dollars in seed funding from known institutional and angel investors.
MobileRQ closes latest funding round
USD800,000 was received by MobileRQ from its latest funding round. The initial funding round of MobileRQ was completed with Verizon Investments LLC leading the way.
Latest News
9Lenses raised an undisclosed amount for its first Series A investment round. A Software-as-a-Service venture providing packaged organizational analytics and business intelligence, 9Lenses announced the closure of a Series A financing round.
Apple announced in its iPhone launch event today that the iOS7 mobile device would be marking its 700 millionth delivery by next month.
American Express Co. sold its publishing firm to Time Inc. as banking regulations restricted the bank from engaging in non-financial activities.
Today, Walgreens announced signing a definitive agreement to purchase Kerr Drug's retail and specialty pharmacy business without disclosing financial terms of the deal.
AAMP of America announced the acquisition of INTRAPHEX from Tatmar LLC. AAMP of America, Inc. is a portfolio company of Audax Private Equity. The former had announced today the acquisition of INTRAPHEX.
An oversubscribed fourth Asia fund was closed by Lombard Investments with an amount of USD350 million.
A report by the Christian Science Monitor said Apple Inc. would release news iPhone products on September 10 event in Cupertino, California.
The Series B funding round of Benu Networks raised a total of USD26.6 million for the company. A USD26. 6 million Series B funding round was recently announced by Benu Networks Inc.
TapInfluence said that it had raise USD5 million in Series B funding led by existing and new investors.
