Pimco Total Return recorded US$9.9 billion withdrawals in June

Pimco Total Return Fund of Bill Gross recorded US$9.9 billion withdrawals due to Federal Reserve's scaling back of its own purchases.


Toshiba acquires 76% stake from CyberGRID

Toshiba Corp. bought 76% stake in CyberGRID GmbH after its acquisition of Landis+Gyr in 2011 and Consert Inc. in February this year.

Huntsman considers bidding for Rockwood's titanium unit

Huntsman Corp. continues to expand with its latest consideration, Rockwood's titanium unit. (Photo : Reuters)A woman cycles past the logo of Huntsman Corp.

Softbank Bid For Sprint Applauded by FCC

Softbank Inc's bid for Sprint won the approval of the FCC. (Photo : Reuters)Softbank Corp won the approval of the FCC for its bid for Sprint Softbank's bid for mobile service provider Sprint Nextel Corp won the support that it needs from the Federal Communications Commission.


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Avon agreed to sells its Silpada Jewelry Unit to Rhinestone for $85 Million (Photo : Reuters)Avon agrees to sell Silpada Unit to Rhinestone Avon Products Inc.
Steve Ballmer, CEO of Microsoft is doing a structural revamp for Microsoft (Photo : Reuters)Steve Ballmer, Microsoft to undergo structural revamp Steve Ballmer, CEO of Microsoft is considering a structural reorganization that would place Tony Bates, Skype President, in charge of the acquisitions and relations that Microsoft has with other developers.
Shoal Point announced the appointment of its new CEO and CFO as well as its newly elected directors.
Mimvi acquired Adaptive Media, an audience and content monetization firm. (Photo : Reuters)This is the logo of Adaptive Media, Inc. , a an audience and content monetization company recently acquired by Mimvi, Inc.
Rifco Inc. issued common shares to employees under its Employee Share Ownership Plan. (Photo : Reuters)TSX Venture Exchange is a Canadian stock exchange that trades Rifco shares.
Quartzy receives US$4 million from its seed money. The free lab platform Quartzy recently announced that it was able to raise US$4 million in Series A financing.
Chile allowed the state-owned miner, Codelco, to retain its US$1 billion profit for its new undertakings.
Deutsche Annington postponed its initial public offering stating that the demand of investors in the market weakened more than expected.
Nasdaq asked a judge to dismiss lawsuits filed by investors and argued that it is a self regulatory organization and could not be sued for actions taken as a part of its regulatory responsibilities.
Grandpoint bank signs agreement to acquire Gilmore Bank (Photo : Reuters)Grandpoint Banks signs agreement to acquire Gilmore Bank Grandpoint Bank made the announcement today that they entered an agreement to acquire Gilmore Bank.