Exxon taps Barclays to assist in auction of its stake in Castle Peak. In a bid to sell up to US$2 billion worth of stocks, Exxon Mobil Corp has opted to sell its interest at an auction for the Hong Kong power venture it had ended a year ago.
Tags: Stocks
Thoughts from Hiren Ved, CIO of Alchemy Capital Management
These are the thoughts of Hiren Ved of Alchemy Capital Management from an interview with Nikunj Dalmia.
No IBM Share Sale - Buffett
From Omaha, Nebraska, Warren Buffett said he won't sell IBM shares despite missed earnings expectations for the quarter.
LinkedIn Buys Pulse News Reader
LinkedIn purchases Pulse at US$90 million where 90% are in stocks and 10% is paid cash. The social network for professionals, LinkedIn Corp has announced that it would be acquiring Pulse.
Danoff's Fidelity Contrafund Cuts Apple Shareholdings
Fidelity Contrafund is slowly selling off its Apple shareholdings due to price decline. Fidelity Contrafund, the US$92 billion fund built by portfolio manager Will Danoff, has undertaken a process of cutting the fund's shareholdings in Apple.
