Trader pays USD5.2 million settlement for Smithfield insider trading case

A Thailand based trader was ordered to pay USD5.2 million to settle civil charges filed against him for publicly trading call options and single stock futures before the announced acquisition plan of Shuanghui International Holdings for Smithfield Foods Corp.


Trial for Fiat's fight over Chrysler to start by 2015

According to a Delaware judge, ample time would be needed prior to the start of the trial for the Fiat-Chrysler deal.

Source: AT&T, Sawiris eye on Telecom Italia

After the Verizon-Vodafone USD130 billion deal, AT&T and Billionaire Tycoon Naguib Sawiris was reported to see Telecom Italia to be its next target.

Portugal shortlists bidders for Caixa Seguros

Caixa Seguros bidders whittled down to two. The government of Portugal had decided to include two companies as bidders for the privatization of insurance arm of state bank Caixa Geral de Depositos.


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Zuora received another USD50 million in capitalization making the total capital financing received at USD132.5 million.
The BRICS Group had announced USD100 billion to a fighting fund after it wanted to make the current markets steady.
Private investment firm Bregal Partners announced the purchase of US Community Behavioral LLC. Bregal Partners had announced the acquisition of US Community Behavioral LLC.
Blackberry Ltd. would be expecting an influx of takeover bids after its board's announcement that the company is open to "explore strategic alternatives", including a sale.
Supply chain services expert syncreon welcomes new investor Centerbridge Partners into the fold. One of the world's leading providers fo customized supply chain services, syncreon Holdings Ltd, announced it had formalized an agreement with its shareholders with Centerbridge Partners as to the latter's minority investment in the firm.
Yahoo Inc. recently unveiled its brand new logo, and CEO Marissa Meyer helped with the design over a summer weekend.
Oasis Petroleum purchased four acreages in North Dakota for USD 1.52 billion. Oasis Petroleum Inc inked four separate deals to purchase North Dakota acreage for USD 1.
ATK announced today that a definitive agreement has been set with Bushnell Group Holdings Inc to acquire the latter for USD985 million.
Hearsay Social, through investors Sequoia Capital and NEA, raised another USD430 million for its funding requirements.
In a surprise decision, Hyundai Rotem withdrew its IPO citing weak market conditions and industrial disputes.