North America

Bond market selloff ends soon - Gundlach

Gundlach said that now is the time to buy riskier bonds as the bond market selloff is near to end. (Photo : Reuters)This is DoubleLine Capital's head Jeffrey Gundlach.


Cohen Remains Silent as SAC Executives Meet Prosecutors

SAC Capital’s Steven A. Cohen invoked his right to the Fifth Amendment after being summoned to testify before a grand jury about insider trading in his company.

Jim Pattison Group Offers Can$37 Million for Sun-Rype Products

Great Pacific Industries Inc. announced a proposed takeover bid for privatization valued at C$37 billion for Sun-Rype Products Ltd.

BofA Hires John Binnie for Investment Banking

Bank of America Corp, the second biggest bank in the US by asset announced its new investment banking vice chairman, John Binnie from Moelis & Co.


Latest News

Many private equity firms were vying for MoneyGram which has a market value of US$1.3 billion. (Photo : )The official logo of MoneyGram, the second-largest money transfer services.
Copano Energy announced today that the company has reached settlement for the claims that have risen from the acquisition of KMP last May 1.
Time Warner Cable stated that it would rather go into acquisitions than be bought by billionaire John Malone.
ABRA announced today its acquisition of Royal Auto Glass but did not disclose the terms of the deal.
Coca-Cola FEMSA announced an agreement to acquire Companhia Fluminense for US$448 million in cash. (Photo : Reuters )The image shows Coca-Cola Co soda products.
The Snowden saga caused a major problem on US secret surveillance programs, creating bigger headaches for its former company, Booz Allen Hamilton Corp and Carlyle Group LP.
Scifiniti raises US$10 million in Series B funding. (CORRECTED: Corporate logo of Scifiniti was updated) In an announcement, Scifiniti said that the company was able to raise US$10 million in Series B funding from current investors Peninsula Ventures, I2BF Global Ventures, Firelake Capital and Alloy Ventures.
Berkshire Hathaway's Solar Star Fund LLC unit MidAmerican to issue debt instruments to finance construction of new projects.
PSP Investments and Sergo joint for an undertaking for industrial real estate's soaring profits.
T-Mobile paid US$308 million for US Cellular spectrum's additional range in Mississippi River Valley region.
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