Sectors
Circle to raise Series A investment to encourage mainstream use of Bitcoins
Circle Internet Financial's USD9 million Series A investment would be the biggest funding received by a digital currency startup.
Nomorerack nabs USD40 million in Series B investment
Multicategory retailer Nomorerack's Series B investment round was led by Oak Investment Partners and HTV Industries.
Hilton plans to go public on December 2 - sources
A Reuters report cited two sources who said that hotel operator Hilton Worldwide Inc would be launching its IPO sometime the first week of December.
OGX agrees to sell natural gas unit stake to private equity firm, E.ON in complex deal
OGX would be parting its 67% stake in OGX Maranhão Petróleo e Gas SA in a multistep deal for BRL344 million or USD156 million.
Latest News
According to NQ Mobile co-CEO Omar Khan, "All allegations are false." NQ Mobile Inc's eight founding anniversary had little to celebrate last October 25, as the day before the firm was accused of inflating revenues.
Oracle Corp shareholders had rejected for the second year the executive compensation scheme for CEO Larry Ellison et al.
A USD1 billion syndicated loan was formalized by Banco do Brasil with five international lending institutions.
Twitter IPO volume expected to be fully taken because of increased interest from investors. According to people with knowledge of the matter, Twitter had already attracted more than enough demand to sell all of the IPO shares it can offer.
Container Store Group Inc had planned to raise USD225 million during its IPO. Storage and organization products retailer Container Store Group Inc had laid out plans to sell USD225 million worth of shares in its US IPO.
BicBanco's 72% would be acquired by China Construction Bank Corp for BRL1.62 billion. China's second largest financial institution in terms of assets, China Construction Bank Corp, had entered into an agreement to pay BRL1.
The halt of its Pascua-Lama project as well as gold price decline had forced Barrick Gold to sell of shares to raise much needed funds.
For an undisclosed amount, Wells Fargo settles with FHFA on issue of faulty mortgages issyes In an agreement to settle claims with the Federal Housing Finance Agency, Wells Fargo agreed to pay less than USD1 billion to resolve the issue on the bank's alleged knowledge of the faulty nature of mortgage bonds sold to Fannie Mae and Freddie Mac.
Pumpmaker ITT is expanding both on the shareholder value side and on the operations side as demand for pumps had increased by half in the third quarter alone.
Without government backing, Citigroup is now offering mortgage backed securities backed by prime jumbo mortgages mortgages from private sources.