Greenlight Capital gets restraining order against Apple Inc. A US federal judge found credence to the arguments of hedge fund manager David Einhorn versus Apple Inc.

Angel Telecom saves Vivaro from bankruptcy. In an announcement, Angel Telecom Corp said that on February 8, Next Angel LLC would come to fore. Next Angel LLC is a joint venture between Angel and Next Communications Inc and Marcatel Telecommunications LLC.

Vanderbilt settles with New Mexico on unjust enrichment investments. In a settlement agreement, Vanderbilt Capital Advisors LLC has entered into a settlement agreement to pay New Mexico US$24 million.

Ford's novel annuity for lump sum swap increases funding for pension funds. Ford Motor Co. 's funding for its US pension funds had increased in 2012, as decreasing rates of interest offset the investment gains achieved in the year.

Cygnus putting its Agriculture Group up for sale. Cygnus Business Media has announced that it has retained the services of Corporate Solutions Inc in order to formulate strategic plans for its Agriculture Group.

BGI-Shenzhen extends existing offer for common stock of Complete Genomics. BGI-Shenzhen announced that it would extend an all cash offer to purchase all outstanding shares of common stock for Complete Genomics Inc.

Boeing purchases microprocessor unit of CPU Technologies. In its continued goal of protecting its fighter fleet from information lead attacks, Boeing has purchased CPU Technology Inc.

Elan profits from Tysabri sale offered to shareholders. Elan, the Irish drug firm has announced it would return US$1 billion to its shareholders from the proceeds of the sale of its stake in multiple sclerosis drug Tysabri to partner Biogen Idec.

Canada's OMERS pension fund poised to make major purposes in 2013. OMERS, one of Canada's leading pension funds, announced last Friday that it is now in the process of diversifying its portfolio away from traditional areas such as North America, the United Kingdom and Western Europe.

RBS to sell its stake in Citizens Financial through an IPO In a news report from the Telegraph, the Royal Bank of Scotland is to announce its plans to sell a portion of its interests in US retail banker Citizens Financial Group Inc.

ENI shipping and logistics to bring Rosneft oil to markets worldwide. ENI, the Italian gas and oil giant, has entered into a strategic partnership with Rosneft to explore trading and logistics opportunities in the energy market.

WSJ reports bid for Boston Globe pegged at US$100 million. According to a report from the Wall Street Journal, the New York Times Co received a formal offer on the Boston Globe in the amount of US$100 million.

Gardner Denver mulling over US$75 per share offer from KKR. Gardner Denver Inc. 's board would convene on Monday to consider the US$3. 7 billion offer by private equity firm KKR and Co.

No one is safe without the numbers, message sent to industry by Heinz buyout. The buyout of H. J. Heinz by Warren Buffett's Berkshire Hathaway and others have placed many food executives of known brands properly warned that they either shape up or be shipped out.

Rosneft buys TNK-BP for over US$40 billion. If all goes according to plan, Rosneft would be taking over control over its major rival, TNK-BP. The two Russian oil companies would then complete the oil industry's biggest takeover in history, three months before the agreed upon deadline.

OGX denies Petronas shares sale OGX Petroleo e Gas SA, the Brazilian oil company, has allayed fears and rumors that it is selling its shareholdings in Petronas, the Malaysian state owned oil company.

Morgan Stanley purchases Russian Mall for US$1.2 billion. Morgan Stanley Real Estate Investing, the fund manager's property arm has recently purchased Metropolis Shopping Mall located in northwestern Moscow.

MCW acquires Perez Engineering. In a statement, the MCW Group of Companies announced that it was introducing MCW Consultants Inc. The new firm would take the place of the former Perez Engineering Ltd, which was acquired by MCW.

Credit rally makes hedge fund managers nervous for 2013. Hedge fund managers are scampering for safety as a huge credit rally evaporates investor confidence in the market.

Vanguard CIO chooses new heads of key groups. The new head of Equity Index Group is Joseph Brennan and included in his job description is looking after more than eighty different international and US index funds as well as exchange traded funds amounting to about US$1 trillion in assets.

Ferrovial is now on a buying spree after five years of austerity to cut debt portfolio. Ferrovial, the Spanish infrastructure firm is on high gear for acquisitions in the market.

Insider trading on Heinz shares prior to sale investigated by SEC and FBI. In an unprecedented move, Swiss authorities have committed to assist in the ongoing US investigation on insider trading of H.

Bond investors seek new options during leveraged buyouts. The increasing number of large leveraged buyouts or LBOs is making many investment-grade debt investors nervous, calling out the US government to institute more protection be given them in light of current developments.

Grupo Gigante offers to purchase other half of Office Depot Mexico. Grupo Gigante, the Mexican retail giant had formally sent an offer of 8. 78 billion pesos or US$687.

Turkish Prime Minister pulls plug on highway privatization deal. In a news conference, the Turkish Minister of Finance Mehmet Simsek announced that the government is cancelling the US$5.

Banks are now cleaning the vestiges of the 2008 market crash by dumping CDS instruments. In a house-cleaning move, several major banking institutions are trying to rid itself of the credit portfolios that had been the major cause of the 2008 global financial crisis.

SNI selling off interests to foreign firms. The Moroccan royal family's investment firm, SNI recently announced the sale of its 37. 7 percent stake in dairy firm Central Laitiere.

Funeral home purchase expands StoneMor Partners leverage. In an announcement made today, StoneMor Partners LP acquired Seawinds Funeral Homes of Central Florida.

Office Depot reschedules nominations for new Board of Directors. In a statement, Office Depot Inc, after discussions with its largest investor Starboard Value LP, is extending its deadline in the nomination of candidates to fill the seats of its Board of Directors during its next annual meeting.

HP stock price rises in light of better returns. In a rally, HP share values increased by as much as eleven percent for the fourth quarter of 2012. This prompted at least eight brokerage houses to raise price forecasts over the stock but market analysts say that the worst is still to come for the company.