Chief executive Fabrizio Viola of Banca Monte dei Paschi di Siena SpA had told reporters on Thursday that the bank would be increasing its capital via shareholder options.
United States
Level receives USD 5 million in Series A funds from various investors
Mobile financial solutions provider Level initially closed its Series A funding round with USD 5 million.
CalCEF Clean Energy Angel Fund exits from Allopartis Biotechnologies
CalCEF Clean Energy Angel Fund sold Allopartis Biotechnologies to Novozymes. CaICEF Clean Energy Angel Fund I exited from its portfolio company Alloparties Biotechnologies Inc.
JPMorgan clients, other private equity investors take measures amid possible US default
Clients of private banks and private equity firms had taken steps to ensure themselves just in case the government shutdown would result to a US default.
Liberty Media repurchases 5.2% of own stock from Comcast
Liberty Media said it bought back 5.2% of its own stock from Comcast Corp for USD 417 million. Liberty Media Corp bought back 5. 2% of its own shares from Comcast Corp in a cash deal worth USD 417 million.
Latest News
In a meeting with analysts, HP CEO Meg Whitman said she is confident of the firm's direction with an expectation that revenues would stabilize in the long run.
Former Vinik Asset Management colleague opens Kopernik Global Investors through seed capital from former boss Jeffrey Vinik.
Shares of Men's Wearhouse jumped 28% after rejecting the takeover bid of Jos. A. Bank. Shares of Men's Wearhouse increased 28% after it snubbed the USD 2.
Foster Farms said consumers should not worry about the company's chicken products amidst the salmonella outbreak traced back to its plants.
Synaptics Inc recently acquired Validity Sensors, Inc for USD255 million to obtain access to a profitable biometrics market.
Men's Wearhouse snubbed the USD 2.3 billion takeover offer from Jos. A. Bank just two hours after it was made publicly.
A report by Reuters said the managers at exchange-traded funds (ETFs) employed a passive approach on stocks traded after its debut on the bourse.
USDA said it would shut down Foster Farms unless the company would address the salmonella outbreak by Thursday.
An S-1 document filing by Twitter Inc revealed that the date of its initial public offering would be on November 15.
