Facebook Inc. increased above its IPO price for the first time since its debut in May 2012 following the surging advertising demand for smartphone and tablet users.

Today, Envision Healthcare Holdings announced launching its initial public offering that is priced between USD20 andUSD23.

B. Wayne Hughes, owner of REIT American Homes 4 Rent, said that they have raised an estimated US$705.9 million through the public offering of the company's shares.

After six hours of trial, District Court Judge, Katherine Forrest sent the jury home and will resumed deliberation on Tourre's case on Thursday.

Investor George Soros took a large long position in Herbalife stock. George Soros, a billionaire investor, purchased a majority stake in nutritional supplement company Herbalife Ltd stated a source with knowledge on the matter on Wednesday.

Asian law firm King & Wood Mallesons agreed to merge with London-based SJ Berwin. King & Wood Mallesons, one of the largest law firms in Asia, agreed to merge with SJ Berwin effective November 1.

Venrock promoted general counsel David Stepp to partner. California-based Venrock announced the promotion of David Stepp to partner on Wednesday. Prior to his appointment as partner, Stepp worked at Cooley LLP where his responsbilities centered on venture capital partnerships and emerging growth and small-market public technology businesses.

Canaccord Genuity appointed Geoffrey Richards as the company's new Managing Director, Head of US Special Situations and Restructuring.

Energizer Holdings planned to acquire Johnson & Johnson's feminine care line for US$185 million.

New and existing investors brought up Earlybird's total capital to EUR 650 million. Berlin-based Earlybird Venture Capital posted the EUR 150 million (US$200 million) final closing of the company's fourth early stage fund earlier today.