The international watchmaking company was bought out by its CEO together with the management in a move to implement revitalization strategy.

Julius Baer's profit fall 30% due to tax charges and a merger. Julius Baer Group AG said its profits fell due to two pressing concerns. These were a merger for expansion and a UK tax treaty.

“Trend following is dead,” said FX Concepts, expecting another year of dismal returns. "Trend following is dead because trends never really get going," John Taylor, chairman of FX Concepts, grumbled.

PNoy's SONA gave a boost to the Philippine stock market. The fourth State-of-the-Nation Address (SONA) was recently given by Philippine President Benigno Aquino III.

CVC Capital Partners raised Eur 10.5 billion for it most recent buyout fund,, which will be utilized for investments in North America and Europe.

With the Beijing Restaurant accepting a lease buy out, building of CVS Pharmacy in Duluth site has been moved next year.

Coub announced that it had received support from local venture capitalists, raising US$1 million. Coub has raised a capital of US$1 million from local venture capitalists Phenomen Ventures and Brothers Ventures.

Cerberus Capital Management revealed that it had acquired two portfolios of German real estate properties with a combined total land area of more than 350,000 square meters.

Mark Creasy sold a portion of his early-stage mining assets to Windward. Mark Creasy, an Anglo-Australian millionaire worth US$764 million, was selling to Windward Resources his early-stage mining assets.

Tatton Capital revealed that it has bought out Prism Capital Management, enhancing its adviser presence in the UK.