Goldman Sachs made an options malfunction yesterday that signaled perils of electronic markets still remain despite efforts to make electronic conditions better.
Sectors
US Unite gets USD2 Million seed funding
Today, Unite US said that it had raised USD2 million in seed funding and plans to launch publicly this fall.
Ackman acknowledges retail mistakes
Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.
Hewlett-Packard's Whitman appoints new company chiefs
Hewlett-Packard CEO Meg Whitman appointed several new people on board the computer manufacturer as further deterioration of HP's PC division dissatisfied investors.
Everbright's proprietary head gets suspended after trading errors
After Everbright Securities Co. made erroneous buy orders of CNY23.4 billion last August 16, the state-backed firm suspended the head of its proprietary trading division.
Latest News
Vestas Wind Systems replaced its current CEO Ditley Engel with Anders Runevad who would start his duties on September 1.
Samsung Electronics created a stir with Galaxy Gear as its unveiling draws near. Samsung Electronics Ltd is launching its new gadget, the "Galaxy Gear" smartwatch.
China's antitrust regulators placed pressure to thirty foreign firms as they seek confessions for antritrust violations on a closed-door meeting held last July 24 and 25.
Sale of existing homes in the United States increased in the month of July, suggesting housing market recovery.
Microsoft launched "Bing for Schools" project to aggressively promote own products. Microsoft Corp launched Wednesday its "Bing for Schools" program.
Abbott completed its purchase of IDEV Technologies Inc for USD 310 million. Global healthcare company Abbott announced the completion of its purchase of IDEV Technologies from RiverVest Venture Partners.
Cloud solutions provider Ajubeo said it received additional investment from Colorado private equity firm Grey Mountain Partners.
Texas-based startup media analytics firm TrendKite scored USD 1.2 million in its Series A round led by Silverton Partners.
San Francisco-based mobile photo app developer PicCollage raised USD 2.3 million in seed funds. Mobile photo application developer PicCollage scored USD 2.
