Cengage Learning filed for bankruptcy protection under chapter 11 due to its US$5.8 billion debt. (Photo : )The photo demonstrates Cengage Learning's logo.
Sectors
Wall Street Investors Brings Risks to P2Ps
Wall Street investors brought excitement as well as risks to the P2P sector. (Photo : Reuters)The image shows the Wall Street sign as seen outside the New York Stock Exchange.
Unipol withdraws appeal against US$2 billion portfolio sale ruling
Unipol dropped its own appeal against Italy's anti-trust regulator decision. The ruling required Unipol to sell US$2.2 billion worth of assets.
Politics in Portugal Could Lead to Crisis
A strategist noted that politics in Portugal could lead to crisis. (Photo : Reuters)The image shows the logo of EDP Energias de Portugal SA, a Portuguese company.
Exco Resources buys Chesapeake's assets for US$1 billion
Chesapeake Energy Corp would sell its oil and gas assets to Exco Resources for US$1 billion. Chesapeake Energy Corp would sell its properties to Exco Resources Inc for approximately US$1 billion.
Latest News
Final bidding for Optus underway. (Photo : Reuters)Optus Satellite sale largest telecommunications deal in Australia The final round of bidding for Optus is well underway.
The Reserve Bank of India is implementing a notification for private placements from non bank financial firms.
Vestas Wind System earned its second in the month wind turbine order from South Africa. Vestas Wind System won a 93-megawatt wind turbine contract in South Africa.
Video companies, such as YuMe and Justin.tv, raise funds through IPOs. Several video companies, including YuMe and Justin. tv, raised funds via initial public offerings (IPOs).
LCS and CareSouth Announced their plans for a joint venture. (Photo : Reuters)Joint Venture For CareSouth and LCS announced. LCS, the leader in senior lifestyle care and CareSouth, the leading regional provider for home health services, announced their joint venture, Health at Home.
UniTek Global Services, Inc. received a commitment letter for US$75 million asset-based revolving credit facility.
Dell Founder, Michael Dell has been advised by experts to raise his current offer of $24.4 billion to Carl Ichan
Credit Suisse's falling stocks boded ill for other Swiss stocks. (Photo : Reuters)The image shows an office of Credit Suisse, whose falling stocks indicated a drop of other Swiss stocks as well.
Adcock Ingram Holdings Ltd. received a non-binding proposal from Chilean drug manufacturer CFR Pharmaceuticals SA for US$1.3 billion.
