Banks bought more shares of ING Groep's US unit. Netherlands-based ING Groep said the underwriters for the share sale of its US insurance business would be buying additional shares.
United States
Atlantic Grid and Google moves from wind power to power transmission
Atlantic Grid had moved to connecting power for delivery to New Jersey state. The company that had plans to build an undersea power transmission line backed by Google, Atlantic Grid Development LLC, has refocused its efforts in moving electrical power across New Jersey instead of its original plan of interconnecting offshore wind farms.
DuPont to spin off high end chemicals unit
In a tax free spin off, DuPont would be able to spend just USD0.01 to USD0.02 per share. The largest chemicals maker in the United States in terms of value, Dupont Co.
Live Nation Entertainment buys Voodoo Music & Arts Experience for undisclosed sum
Live Nation Entertainment acquired Voodoo Music & Arts Experience. Entertainment firm Live Nation announced that it had bought Voodoo Music & Arts Experience.
Twitter shares priced between USD17 and USD20
With an upper range of USD20 per share, the total enterprise value of Twitter is at USD10.9 billion.
Latest News
Boeing has to cut production of its 747 jets because of the changing economic landscape, a report said.
The Boeing 747 could be headed towards an uncertain future, according to an Associated Press report.
Muddy Waters' Carson Block sent out an email saying that 72% of NQ Mobile's revenues were 'fictitious".
The investigation into improprieties related to mortgage backed securities hinges its legality in a 1989 law.
Investments have been made for the further development of On Center Software. The foremost name in construction automation, On Center Software, announced that Accel-KKR had placed an investment in the company for its future expansion plans.
Form 1 3D printer maker Formlabs's new USD7 million investment would go towards primarily to the development of its core product and software.
Billionaire investor Carl Icahn's letter to Apple Chief Executive Tim Cook published on Thursday indicated that Icahn would be witholding his shares from his proposed stock buyback program.
SFX Entertainment, a live events and music content producer, purchased Readability app maker90, music commerce platform Tunezy and marketing agency Fame House for an undisclosed amount.
Highfive, a startup that had been developing a product for enterprise communications, were founded by Shan Sinha and Jeremy Roy of collaborative document solution DocVerse.
