Wix.com files for IPO

Wix.com filed for an initial public offering valued up to USD100 million, said a Reuters report. On Tuesday, Wix. com Ltd. had filed with the US regulators to raise USD100 million in an initial public offering of common stock.


Venture capitalists invest in startups related to Bitcoin

According to a Reuters report, venture capitalists showed no signs of shying away from startup investments related to Bitcoin even as authorities increased scrutiny among numerous virtual currency firms.

Barracuda Networks files for IPO

On Tuesday, Barracuda Networks had filed for an initial public offering valued more than USD100 million, according to a regulatory filing.

Merck to cut 8,500 jobs

Merck & Co. decided to cut its annual spending by USD2.5 billion and eliminate more than 10% of its global workers.


Latest News

A USD347 million loan package was finalized by Chilean shipping form Compania Sud Americana Vapores to purchase new ships.
In a telephone interview, mortgage industry experts say that the shutdown would not only delay approvals but also put banks at risk as they work around the government's lack of services.
Harbinger Group, Philip Falcone's investment firm, jumped in value as it sold off shares to a consortium headed by Leucadia National Corp.
Three of the top 20 investors in computer software company Microsoft had urged its board to push the firm's founding chairman Bill Gates to step down from office.
Burlington Stores announced today the price of its initial public offering of 13,333,333 shares of common stock valued USD17 per share piece.
Many CEOs said that the extended budget impasse on health care reform would only result in greater problems such as loss of economic gains from the 2008 financial crisis.
Empire State Realty Trust Inc. announced today pricing its initial public offering valued at USD13 per share piece.
Today, American Tower Corporation announced completed acquisition of MIP Tower Holdings LLC, the parent firm of Global Tower Partners.
Today, Dealertrack announced completing its acquisition of VINtek and Customer Focused Marketing Inc.
The state of Texas had dropped out of the lawsuit filed by the US Justice Department to block the US Airways-American Airlines merger, according to a Reuters report.
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