On Monday, the 2nd US Circuit Court of Appeals in New York announced that investors may revive a lawsuit against Barclays PLC.
North America
Falcone admits wrongdoing, agrees to SEC ban
Billionaire Philip Falcone agreed to a five year ban in the securities industry and admits wrongdoing in the allegations filed by the US Securities and Exchange Commission.
US Federal Reserve sees 18 banks weak in at least one capital area
The US Federal Reserve conducted a study and saw 18 of the largest banks in the country to be weak in one capital area.
Trinity Ventures Gives USD13 Million Series B in Jama
Jama Software gets a USD13 million partnership with Trinity Ventures along with Madrona Ventures Company.
Hellman & Friedman Get Minority Share in CarProof
CarProof sold a minority share to Hellman & Friedman, a leading private equity firm based in San Francisco.
Latest News
Affiliated Managers Group announced equity investment in Clarfeld Financial Advisors by its subsidiary MG Wealth Partners LP.
Zayo Group announced acquisition of Access Communications for USD40 million to further expand its reach in the Minneapolis-St. Paul market.
Retailer Tesco would try to compete in the digital downloads market through the release of its own iPad-like tablet computer.
Remeditex Ventures and Velocity Pharmaceutical Development(VPD)announced the signing of a collaboration agreement.
Technology stocks experienced a fair gain with the help of Intel, Facebook and Apple. The technology market experienced a fair increase in the stock market, thanks largely to current top share gain leaders Intel Corp.
Web analytics experts said Google outage for a few minutes resulted to a 40% slump in the global internet traffic and a loss of USD500,000.
Zillow Inc. announced acquisition of StreatEasy for USD50 million as it moves to expand in the New York market.
Cobalt announced failure in Gulf of Mexico oil exploration site. Cobalt International Energy Inc. announced on Monday that their expedition for oil in the Gulf of Mexico failed.
Google was recently awarded the patent to utilize an eye-tracking technology that could establish a pay-per-gaze advertising system.
