In a Bloomberg report, the news agency said that Applied Materials Inc Chief Executive Officer Gary Dickerson's dedication to close his company's USD9.39 billion Tokyo Electron Ltd acquisition would lead him to, according to sources, move his family to Tokyo.
Sectors
Fashion retail site JustFab raises USD40 million in Series C funding round
In an announcement today, fashion retailer JustFab said it had raised USD40 million in investment commitments from investors like Shining Capital and Rho Ventures.
eBay acquires Braintree for USD800 million for its Paypal business
In a statement today, ebay Inc announced that it had agreed to acquire Braintree for around USD800 million in cash.
SecondMarket accepts bitcoin only for new investment fund
On Thursday, stock exchange SecondMarket launched the first virtual money investment fund in the United States.
NYSE Euronext and NASDAQ OMX Group was ordered to improve reliability in light of recent events
The major technology bourses NYSE Euronext and NASDAQ OMX Group was required by regulators to improve the technology as to back up feeds.
Latest News
Sources told Bloomberg that Royal DSM NV was already in the second round of bidding for its caprolactam business.
Cramo Oyj experienced a 7.8% decline after its main stakeholder, the Hartwall family, sold half of its stake in the firm.
Oaktree Capital Management's Stock Spirits Group announced plans of a share sale to raise GBP 52 million.
Founders of the Eurasian Natural Resources Corp (ENRC) won 95.99% in shareholder approval on the takeover of the company.
PT XL Axiata would be buying PT Axis Telekom Indonesia from Saudi Telekom through cash and debt repayment.
The fund formed to assist British businesses had decided to invest in VTL Group, the manufacturer of precision engineered car parts.
African Minerals Ltd would be selling its 17% stake in a Sierra Leone mine to Tianjin Materials & Equipment Group Corp.
In a meeting of the Oregon Investment Council yesterday, it was revealed that Lone Star Funds founder and Chairman John Grayken bet USD330 million of his money to the company's new commercial property fund.
On Thursday, BlackRock Inc would be debuting its a new short-maturity bond ETF on the BATS Global Markets.
