United States

Pimco loses fund crown to Vanguard

Pimco Total Return lost its title as the biggest mutual fund to Vanguard Total Stock Market Index. Vanguard Total Stock Market Index overtook Pimco Total Return as the world's largest mutual fund by assets.


Spire Capital to make full exit of Just Marketing International for USD 76 million

Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.

Morgan Stanley experiences trading losses in third quarter

Morgan Stanley posted losses on seven trading days in the third quarter but losses did not go over its value-at-risk.

Dropbox acquires Sold for USD1.2 million

After seven months since its launch, Sold announced it had been purchased by Dropbox for USD1.2 million.


Latest News

Dallas-based TI and 7-Eleven executives attended a forum in the Southern Methodist University where corporate venture capital was discussed.
Velocity Venture Capital accepted 10 technology startups into the third level of its Business Accelerator program.
Twitter reprices its IPO shares to USD23 and USD25 per share, pegging the volume price at USD1.75 billion.
Carlyle Group hired weteran buyout Warburg Pincus executive Kewsong Lee to be its Deputy Chief Investment Officer.
SAC Capital pleaded guilty to five counts of criminal charges amounting to USD1.2 billion in penalty.
YRC Worldwide Inc sought new labor contract terms from its union employees to get lenders' approval to refinance the trucking company's borrowings.
TheSkimm received USD1.1 million in seed funding for the development of its newsletter for busy professionals.
Environment-friendly home furnishing company Bambeco Inc gathered USD 4.5 million in its first institutional fundraising round.
Following the strong demand, Twitter raised its IPO price from USD23 to USD25. The social networking site has felt more optimistic than ever about its IPO for potential investor's reports The New York Time's the Deal Book.
GE Ventures entered the crowdfunding arena by partnering with the OurCrowd platform. GE Ventures embraced crowdfunding today by partnering with OurCrowd, an Israeli crowdfunding platform.
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