Articles by Marc Castro


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Patinack Farm, the renowned racehorse breeding farm owned by Nathan Tinkler, is now on the auction block to help pay off debts.
Carl Icahn, a man known for change in acquired companies, has taken a back seat in his latest shareholdings purchase, Nuance Communications.
Nasdaq OMX purchases the eSpeed platform from BGC Partners. In recent announcement, Nasdaq OMX Group Inc. has acquired from BGC Partners Inc its eSpeed platform.
Fidelity Contrafund is slowly selling off its Apple shareholdings due to price decline. Fidelity Contrafund, the US$92 billion fund built by portfolio manager Will Danoff, has undertaken a process of cutting the fund's shareholdings in Apple.
Deliv, after a successful financing round, would provide same day services for consumers and retailers in major cities in the US.
On a one to one share swap, Lynnwood Capital would purchase Tantalex Corp. In an announcement, Lynnwood Capital Inc of Canada had entered into an agreement to purchase Tantalex Corp.
The bond issue offered by Oregon amounting to US$204 million is backed by lottery revenue. The Department of Administrative Services of the State of Oregon is now offering US$204 million worth of bonds to the market.
Horsburgh & Scott, the renowned gear manufacturer, has been acquired by private equity firm GenNx360.
Taylor Morrison to offer 23.8 million shares in its IPO and is expecting a return of nearly US$524 million.
Taiwan and China enter into new regulations on investment in financial institutions and holdings companies.
Lear Corp has avoided a proxy fight with major private equity investor firms through an agreement increasing the rate of its share buyback program.
American Greetings is privatized by the Weiss family. The founders of American Greetings Corp have reached an agreement to purchase the gift card and party goods firm.
With the lack of interested buyers, the financial future of Pan Ocean and the STX Group is in jeopardy.
Suncor, with its plan to ship to refineries directly instead of building an upgrading plant assures better returns for shareholders.
GD Midea would be privatized according to recent plans of the Midea Group. GD Midea Holding Co had recently announced plans to purchase the listed company.
VeriFone's current conditions makes it ripe for takeover by private equity firm according to analysts.
In a letter, MetroPCS urged shareholders to approve the merger with T-Mobile USA. MetroPCS Communications Inc is calling all its shareholders to vote for the approval of its proposed merger with T-Mobile USA Inc.
Alupar would be raising nearly 1.16 billion reais for its IPO. Alupar Investimento SA is planning to raise 1. 16 billion reais or US$574 million in its initial public offering of shares of stock.
Telmex would be facing a class action suit for unwarranted charges filed by the government for an on behalf of its subscribers.
Lloyds ceilings for lending to manufacturers with discounted interest rates. Lloyds Bank topped its own estimate of GBP1 billion loans for UK manufacturers before September 2013.
First Deputy Prime Minister Shuvalov said that the government will not provide assistance to Cyprus depositors who lost money, except in certain circumstances.
The South Korean President gave the green light to retaliate should there be an aggressive attack from the North.
The thrust of central government to improve pollution standards is being bucked by state owned companies and local government executives fearful of loss of jobs and business in their areas.
Dell would walk away if he is not retained as CEO. Michael Dell, in a statement, would only consider a buyout plan with Blackstone Group if the private equity guarantees that he remains as its CEO.
Names such as the Carlyle Group, KKR and the Moulin family are bidding for the controlling stake in Maje, Sancro and Claudi Pierlot.
In a fit of saber rattling, North Korea declares a state of war with South Korea. North Korea, in another blast of rhetoric directed at Seoul and Washington, declared it was entering a 'state of war'.
The Appellate Court of New York heard the arguments on the proposal of Argentina to provide a mixture of cash and bonds to pay off bondholders.
In a harsh condition, nearly 60% of the value of deposits above Eur100,000 would be lost in the bailout package.
Michael Steinberg is the highest ranking SAC executive to be arrested for insider trading. Michael Steinberg, portfolio manager at SAC was charged with insider trading by US prosecutors.
In line with its acquisition spree, Qatar National Bank purchases stake in Egypt's National Societe Generale Bank.
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