Swedbank's rating outlook was raised to stable by S&P. Standard & Poor's Ratings Services (S&P) raised the credit rating outlook of Swedbank AB to stable.
Investors
Apple buys Locationary
After reports of Apple's buyout of HopStop.com, another startup was acquired by the tech giant.
Brazil's richest loses more than US$30 billion, worth down 74%
Batista's worth went down 74% after losing more than US$30 billion. The richest man in Brazil, Eike Batista, saw his worth go down 74% this year.
Apple acquires HopStop.com
Apple bought HopStop.com today. HopStop. com, an upstart application, was bought by tech giant Apple today. A spokesperson from Apple confirmed the acquisition, according to Tech Crunch's Anthony Ha.
Fannie and Freddie are not making much progress
Fannie and Freddie are not making much progress The revamp of Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FMCC) was not making much, or any, progress.
Latest News
Hutchison Whampoa Limited conducts strategic review for the ParknShop sale. Hutchison Whampoa Limited announced that they are in the midst of conducting a strategic review on the possible sale of its Hong Kong supermarket chain ParknShop.
Premier developer and operator of themed resorts gets US $140 million after a new round of securitization.
Participants of the G20 summit held recently in Moscow expressed concerns regarding US Fed, China, and Japan.
Grohe announced that they received 4 more bids from rival companies Four additional bidders submitted their intent to offers for Grohe, Europe's lagest bathroom equipment maker.
Citigroup Global Markets was picked by bankrupt Jefferson County to handle its bond refinancing. Lawmakers from the bankrupt Jefferson County, Alabama, picked Citigroup Global Markets, part of Citigroup Inc.
Apple Inc announced the acquisition of mapping companies, Locationary and HopStop. Apple Inc announced that they have acquired two small companies, Locationary and HopStop.
Comic Con requested US$1 from its millions of fans to join in a non-studio revoluttion Comic Con requested its followers on social media, which was now in the millions, for US$1 each.
Windsail Capital announced that they have invested US$5 million in NG Advantage. Boston based, venture capital firm, WindSail Capital Group announced that they have invested US$5 million in NG Advatage.
US SEC was put under pressure for improper contractor vetting. The US Securities and Exchange Commission (SEC) was placed in a "hot seat" for failing to do a proper background check on 40 to 70 contractors.
