George Soros added another 2 million shares to his JC Penney portfolio while other investors exited or reduced their holdings.
Sectors
Tom Dillon is Rosa Mexicano's new President and CEO
Goode Partners' backed restaurant group Rosa Mexicano appointed Tom Dillon as its new President and CEO.
Publicis Groupe purchases Halyard Capital's Engauge Marketing
Worldwide Marketing Services firm Publicis Groupe acquired Enguage Marketing from Halyard Capital. Halyard Capital sold its portfolio company Engauge Marketing to Publicis Groupe.
Acquisitions, new offers fuel NanoTech Entertainment's future growth
NanoTech Entertainment said the combination of acquisitions and new products would drive the company's growth in the future as posted impressive revenues in the most recent quarter.
Omega sells Facebook, Gold Trust shares, buys Apple
Omega Advisors Inc sold its shares in Facebook and precious metals' companies and bought Apple shares after Apple's decline.
Latest News
Aboitiz Power expressed its interest to acquire some of the country's state-owned power assets.
Chile's BCI would ask its shareholders to approve its USD 400 million capital hike to partly fund its acquisition of City National Bank.
Sources told Reuters if the government's anti-trust case against the AMR-US Airways merger prospers, AMR would have to go back to the drawing board and investors would suffer.
Flixel Photos Inc raised USD 770,000 in its most recent financing round. Software developer Flixel Photos Inc closed its financing round with USD 770,000.
Ivanhoé Cambridge announced it would buy a 50% stake in Place Ville Marie for more than USD 400 million.
Eike Batista sold his shares in LLX Logistica to EIG Global Energy Partners for USD 562 million. Brazilian businessman Eike Batista ceded control of LLX Logística to EIG Global Energy Partners.
Cisco Systems announced it would be whittling down its workforce by 5%. Cisco Systems Inc announced it would be reducing its workforce by 5%. The move would affect 4,000 jobs.
Salsa Labs scored USD 2 million in venture debt financial from Toronto-based Wellington Financial. Wellington Financial provided venture debt financing to Salsa Labs Inc worth USD 2 million.
Chad indefinitely suspended China's CNPC oil operations in the country. All drilling activities by China National Petroleum Corporation's subsidiary in the Republic of Chad were indefinitely suspended.
