Trim Tabs showed data that investors poured US$54.2 billion into equity mutual funds. Investors flooded US equity mutual funds and exchange-traded funds with $54.
North America
SAC Capital Advisors to give guilty plea, pay USD 1.8 billion fine for securities fraud- report
A CNBC report said that SAC Capital Advisors would plead guilty to securities fraud charges and pay a fine of USD 1.8 billion.
Chinese companies hold up despite NQ Mobile allegations- report
Shares of Chinese technology companies remained high despite fraud allegations of NQ Mobile. A Bloomberg report said that fraud allegations hurled against NQ Mobile did not affect other Chinese companies.
Tri Pointe nears deal for Weyerhaeuser homebuilding unit
Tri Pointe Homes Inc. approached the final stage of closing a $2.7 billion deal to buy Weyerhaeuser Co's homebuilding unit.
Lululemon faces new quality complaints about yoga pants
Lululemon answered new round of complaints about the quality of its yoga pants. Just a few months after Lululemon faced complaints about the sheerness of its yoga pants, the clothing company is again facing a new wave of complaints regarding the quality of its products.
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Twitter fans take to Twitter to air their concerns over the Denver Nuggets mascot who fell unconscious in the pre-game festivities.
Apple's iPad Air received a low repairability rating from a repair website. In their Teardown of Apple's newly launched iPad Air, repair website iFixit gave the tablet a Repairability Score of 2.
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
Despite news of National Security Agency (NSA) whistleblower Edward Snowden accepting a job offer at the social networking site VKontakte, founder Pavel Durov said that no job offer or hiring of Snowden took place.
A group of technology companies including Microsoft and Apple claimed Google had infringed one of their patents it had obtained by bankrupt mobile company Nortel.
Berkshire Hathaway reaped the gains from some of its past deals it made during the 2008 financial crisis.
An average investor would not stand a chance, unlike big-money investors, to acquire a significant stake in Twitter on its IPO.
The Labor Department of the US released data indicating that consumer prices had slightly rose, but did not affect inflation in the US.
The US Federal Reserve would be making changes in its asset-buying program should a significant shift in the labor market and inflation would be seen.
