The Bank of America downgraded its rating on financing firm CYS Investments. The Bank of America downgraded CYS Investments to an "underperform" rating from a previous "neutral" classification in a research note released today.
North America
EnVivo names Dunsire as new president
EnVivo announced today that Dr. Deborah Dunsire is its new president and CEO. Deborah Dunsire, M. D. , was named by EnVivo Pharmaceuticals as its new president and chief executive officer.
Alstom: Power grids to spend US$64.3 billion on new equipment by 2020
According to Alstom's estimates, by 2020, the grid businesses would spend US$64.3 billion for new equipment.
CORRECTED: Singapore firm invests on Caribbean resort
Asia Pacific Investment House invested in St. Kitts & Nevis' Paradise Haven. (CORRECTION: Updated facts related to the investment done in Paradise Heaven.
Nanosatellite firm gets additional support
NanoSatisfi received additional investment from Grishin Robotics. Grishin Robotics, a multinational investment firm, provided a US$300,000 investment to NanoSatisfi.
Latest News
The Philippines' foreign portfolio investments increased in June, said the country's central bank.
BackOps receives investment from Sherpa Ventures. Sherpa Ventures announced today that it will be investing for the first time in on-demand labor company BackOps.
Heat Biologics increased IPO target to US$33 million. Heat Biologics set a top target for its initial public offering. From US$24 million, the company now aimed to raise US$33 million.
Brookfield Canada Office Properties acquired Toronto's Bay Adelaide Centre East Development for Ca$602 million.
NanoSatisfi, which is working on its expansion projects, gets US $300,000 funding from Grishin Robotics.
Mass. Secretary Galvin launched an investigation on complex investment options to seniors. An investigation on higher risk investments was initiated by Massachusetts Secretary William Galvin today.
Dawn Capital's latest fund raised US$95.1 million. According to a statement by Dawn Capital, its latest fund generated a total of GBP63 million or US$95.
Noble Group Ltd weighed bid for Western Desert Resources Ltd, an Australian iron-ore miner. Noble Group Ltd. , a Singapore-headquartered trader of commodities, was considering a bid for Western Desert Resources Ltd.
Michael Hession was appointed as new CEO of InterOil, effective July 1, 2013. InterOil Corporation announced today that Dr. Michael Hession will be its new Chief Executive Officer.
