REIT company sells stake in two hotels to partner

Carey Watermark gives up its 49% stake amounting to US $22.6 million in favor of its partner, Ensemble Hotel Partners.


Synovus announces launch of IPO

Synovus Financial Corp launched their US$130 million public offering. Synovus Financial Corp. announced the commencement of the company's underwritten public offering.

Becknell acquires US$34 million worth of industrial properties

Becknell Industrial announced the acquisition of industrial properties amounting to US$34 million. Becknell Industrial announced new acquisitions amounting to US$33.

AlBaraka Bank subsidiary releases US$250 million funding

AlBaraka Turk mandated the release of a US$250 million funding. AlBaraka Turk announced that they have mandated the bank for an arrangement of a US$250 million syndicated loan.


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Oxford Genetics received GBP150,000 funding from Mercia Fund Management. Mercia Fund Management, a venture capital fund manager, invested GBP150,000 in Oxford Genetics.
The cloud-based software platform gained US $1.5 million expansion funding from MMC Ventures to cover customer acquisition objectives and product development.
Yahoo! entered into an agreement with Third Point to buy back 40 million worth of shares. Yahoo! Inc. announced that they have entered into an agreement to repurchase 40 million worth shares of owned by Third Point LLC (Third Point).
After British Prime Minister David Cameron's urge, Google and Microsoft vowed to fight child pornography.
Documents leaked regarding an alleged low cost smartphone by Apple. The rumor mill keeps on spinning. Yesterday, speculations about the iWatch got Apple fanatics all over the world hyped up.
The app development site of Apple was hacked today. A warning greeted the registered developers of Apple today. "Sensitive personal information was encrypted and cannot be accessed, however, we have not been able to rule out the possibility that some developers' names, mailing addresses, and/or email addresses may have been accessed," the website stated.
Ardmore Shipping Limited announced that the previously announced public offering for common shares has started.
Stocks of Microsoft plummeted as they charge on unsold Surface RT units. Shares of tech giant Microsoft dipped to unexpectedly low levels last Thursday after a lower than expected revenue showing.
Lotte Department Store was considering an IPO in Singapore worth US$1 billion. Lotte Department Store was planning of have an initial public offering in Singapore.
Sprouts Farmers Markets announced the start of its initial public offering. Sprouts Farmers Markets LLC announced the start of its initial public offering.