Twitter initial public offerings increased to USD26 per share by The Wall Street brokerage. On Friday, Morningstar united with three brokerages after setting price aim for Twitter Inc.
United States
Paula Alvary sheds light on Orrick and Pillsbury merger
Merger consultant for Pillsbury and founding principal at Hoffman Alvary, Paula Alvary, explained the merger between two unlikely firms.
Food stamps cut by 5%
Food stamp benefits would be cut by 5% or USD 36 for a family of four each month starting November 1.
Facebook beats analysts target shares but ad frequency unchanged
Facebook ad frequency remained unchanged despite a double in company shares. On Wednesday, Facebook Inc. posted impressive growth in the mobile advertising business.
Yucaipa Cos gives USD 261 million offer for Morgans Hotel Group Co
A regulatory filing showed that Yucaipa Cos has given a USD 261 million or USD 8 per share offer for Morgans Hotel Group Co.
Latest News
An estimated 47 million Americans would be hit by the reduction in food stamp benefits, according to a report.
Morgan Stanley, in the wake of outrage from bailouts in the last crisis, is seeking investments that provide long term social benefits for the community.
Windows 8's share in the operating systems market was predicted to be slowing down in the next quarters as more users had been urged to upgrade to the best software version.
A VentureBeat report indicated that a DIY repair on the new iPad Air would be more disastrous due to its thin and lightweight specifications.
ING Group announced its exit from its EUR24 billion or USD33 billion mortgage securities portfolio. Dutch financial services firm ING Group announced on Friday that would it be exiting from a series of US mortgage-backed securities.
Royal Bank of Scotland revealed its company strategies on Friday to return over GBP45 billion it received from the British government as bailout money.
New investor Sequoia Capital and other existing investors had backed Berlin-based 6Wunderkinder's USD30 million Series B funding round.
Industry analysts said that AT&T's consideration on acquiring a European asset like Vodafone Group was the next logical step for the US mobile operator.
The US Federal Trade Commission (FTC) had given its approval for the planned consolidation of office supply retailers and rivals Office Depot Inc and OfficeMax Inc.
