Tags: Investors
Hess to Divest Trading Arm
Hess sells of Hetco, its energy trading subsidiary. Hess Corp will be selling off its energy trading arm Hetco to precipitate its exit from the gasoline and marketing industry by the year 2015.
Group Swaps holdings with stake in Vuclip
Owners of Vuclip and Jigsee swap shares. In a rather complicated deal, XinLab Inc. who operates Vuclip has acquired startup Jigsee through an all stock deal.
Private Equity Scams Prevail in China
Scams on fraudulent private equities rob individuals of hard earned money. The city of Tianjin in China was rocked with controversy as thousands of retail investors claimed they were tricked by a group that offered illegal wealth management products.
Apple CEO to Face Shareholders
Apple CEO under fire for cash hoarding, falling shares and tepid growth. The shareholder meeting for Apple Inc shareholders would be held tomorrow at its headquarters in Cupertino, CA.
