EHF to make million dollar interest payment on Friday in hopes of restructuring. On Friday, Energy Future Holdings (EFH) plans to make a USD270 million interest payment.
North America
Wall Street firms may disappoint bankers on bonuses
Bankers might be disappointed with Wall Street as firms would be setting aside more money for investors.
Facebook’s shares drop after frequency of ads lowered
Facebook refused to boost frequency of mobile ads, which led to a 3% drop in sales. On Wednesday, Facebook Inc. displayed strong growth in the mobile advertising business.
Twitter’s IPO roadshow - less media frenzy compared to Facebook
Twitter invited potential investors on Wednesday for a luncheon in preparation for the microblogging site's initial public offering.
Buffet's Berkshire has more the enough cash for acquisitions- report
A Bloomberg report said Berkshire Hathaway Inc might be making more strategic acquisitions in the near future.
Latest News
A billion dollar merger has been settled between US Airways Group and American Airlines In the hopes of winning regulator approval of the USD11 billion merger, US Airways Group and American Airlines considered to give up landing and take-off slots at the Washington Ronald Reagan National Airport.
ConocoPhillips's request of exploratory drilling is approved by Canada's NEB On Wednesday, Canada's National Energy Board approved ConocoPhillips's request.
Barrick Gold reviewed options for raising cash and reducing debts In an attempt to reduce debt load, Barrick Gold considered a wide range of options including strategic equity investment.
Energy Future Holdings planned to make coupon payments worth USD 270 million to creditors as a possible bankruptcy loomed.
Black customers protested at Barneys New York Inc after being detained by staff. On Wednesday, a group of protestors had gathered at Barneys New York Inc.
Tara Poseley of Kmart hired as new chief product officer of Lululemon. An executive from Kmart, the leading US discount chain, has been hired to lead the global merchandise and design team at Lululemon Athletica Inc.
Essent Group raised USD 335 million for its initial public offering in the US. Mortgage insurance firm Essent Group Ltd was able to gather USD 335 million in its initial public offering.
McDonald's and Kraft to sell packaged McCafe-branded coffees in 2014. McDonald's Corp and Kraft Foods Group Inc agreed to sell packages of McCafe-branded coffees at retail locations and grocery stores across the US in 2014.
Bitcoin users lined up as the first bitcoin ATM opened for business in Canada. The world's first bitcoin ATM opened for business in Canada on Tuesday.
