John Mattera, former hedge fund manager of Praetorian Global Fund Ltd. was sentenced 11 years of imprisonment after pleading guilty to Facebook and Groupon scam.
Investors
Adstage Receives US$100K in Seed Funding
Adstage receives US$100,000 seed funding from the LAUNCH Fund. (Photo : Reuters)The image is a network of computers that is online where advertising is present.
Same Deal for ENRC Buyout Bid
No new offer for ENRC buyout. (Photo : Reuters)The image is the corporate logo of ENRC. The founding trio for mining company ENRC is not making any new offers for their their bid to buyout the other investors in the company.
Fiat Refinancing Loan
Fiat refinances 2 billion euro loan to acquire Chrysler. (Photo : Reuters)The image is the Fiat showcase during a carshow. In a bid to become the world's seventh largest car maker basing on sales, Fiat has announced that it is refinancing a loan valued at 2 billion euros.
Intuit acquires Elastic Intelligence for Connection Cloud Technologies
Intuit has purchased Elastic Intelligence to utilize Connection Cloud Technologies. (Photo : Reuters)The image is the corporate logo of Intuit. Intuit, the business company that focuses on small and medium scale enterprises, has acquires Elastic Intelligence.
Latest News
Cochin Shipyard considered IPO to fund its expansion that is valued roughly at RS1500 crore. (Photo : Reuters)The image shows a ship dry docking at a port.
Bell Hospital's directors announced today that it has signed an agreement to be acquired by LifePoint Hospitals.
On Friday, UBS AG surrendered its banking license in India after battling several allegations of money laundering.
On Friday, Al Noor floated in the London Stock Exchange and made its debut at GBP5.75 per share piece.
Spreadtrum, a Chinese cellphone chip designer said it received a buyout proposal from Tsinghua Holdings priced at US$1.38 billion.
According to Morgan Stanley, it has received a clearance notice to acquire the remaining 35% stake in its joint wealth management firm.
Hess Corp and Newfield Exploration to do auctions of oil and gas assets located overseas. (Photo : Reuters)A customer pumps gas at a Hess station. American energy firms Hess Corp and Newfield Exploration have undertaken separate auctions in order to sell off parts of their oil and gas field stakes.
According to sources, Blackstone is interviewing banks for the initial public offering of its shopping center company, Brixmor Property Group Inc.
Sway Medical announced that it received $750,000 in Series A funding. (Photo : Reuters)The image is a man handling their iPhone with their mobile apps.
