Sicat Sees Further Growth in Philippine Bourse

Hans Sicat gets third term and promises new investment vehicles for the Philippine bourse in the coming year.


Einhorn is now a verb not just a noun

Being Einhorned is a new term in financial circles. Very few hedge fund managers receive as much hype and attention as David Einhorn would get with just a simple interview.

Anadarko Trades Cancelled by NYSE

Anadarko trades cancelled due to glitch in system. In an expected move, the New York Stock Exchange has announced it would be cancelling the trades of Anadarko Petroleum Corp after a glitch in the system had cut the market value of the firm by 99%.

Oil Blocks Made Available by Indonesian Government for Bidding

In an announcement, oil blocks in Indonesia are now available for bidding. The Indonesian government announced the opening of a rights tender for twenty one oil and gas exploration blocks last Friday.


Latest News

Tableau IPO to raise US$254.2 million. In an announcement today by Tableau Software Inc. , it disclosed that the price of its 8,200,000 shares of its Class A common stocks tendered at its initial public offering is at US$31.
Caterpillar ends impasse with Mining Machinery for a lower price on purchase. The outstanding issues between Caterpillar Inc and Mining Machinery Ltd of China have been settled.
GM's current share values surpass the pegged price for its IPO back in November 2010. In an announcement, Detroit car giant General Motors Co said that its current share values have surpassed their 2010 IPO prices.
Altron offers to purchase all the shares it does not already own in Allied Technologies. Allied Electronics, a major player in the South African consumerelectronics market, has formally offered to purchase all the share capital in Allied Technologies Limited that it does not already have in its portfolio.
Summit Midsteam announced the operation of the Polar System at the North Dakota project. Summit Midstream Partners, LLC announced today that the operations of the Polar Crude Oil and Water Gathering System ("Polar System") in the Bakken Shale Play in Williams County, North Dakota have commenced near full capacity.
Tesla increases offers for debt and equity sales after strong investor interest seen. In a cavalier move reminiscent of the personality of its chairman Elon Musk, Tesla Motors has increased its debt and equity offers to capitalize on the increasing appetite of investors for high yield investments.
Syniverse and Mach agrees to conditions set by EU regulators. Syniverse Technologies, the US telecoms services firm, is preparing for the receipt of the European Union antitrust regulatory approval for the Eur550 million or US$710.
A new syndicated loan worth US$850 million has been approved to help refinance the debts of Atlantis, the Palm.
Marketo to sell off a total of 6.06 million shares of both company owned and shareholder owned shares at its IPO.
UMW Holdings to sell off 39% of its oil and gas subsidiary through an IPO. The Malaysian industrial to automotive conglomerate, UMW Holdings Bhd, is preparing plans to sell of 39% of its oil and gas production unit through an initial public offer.