VENTURE CAPITAL POST

A snow storm in South Dakota killed thousands of cattle and caused tens of millions in losses.

Wal-Mart Stores Inc and Xerox Corp blamed each other for the glitch that caused food stamp recipients to go on an all-out shopping spree over the weekend.

Xerox Corp said the glitch that affected food stamp beneficiaries in 17 states was caused by a temporary shutdown of the system after a test was performed.

Food stamp recipients went for a two-hour shopping spree in Louisiana after a glitch removed spending limits on their cards.

TCS, a credit card business company in Russia, set its IPO price at USD14 to USD17.50 per share piece.

Sources told Bloomberg that Telefonica was preparing to sell the 69% stake it holds in Telefonica Czech Republic.

Baird Capital's portfolio firm MedPlast had bought Orthoplastics together with co-investors JZ Capital Partners and River Cities Capital Funds.

Palatine Private Equity had purchased a GBP 16 million minority stake in Bolton-based Forrest.

New York-based 21st Century Fox signed a deal to air German soccer to viewers in 80 countries around the world.

The Indian government would be investing INR 110 billion for the improvement of the water supply infrastructure in its villages.

Analysts surveyed by Bloomberg said Clariant would gain CHF 320 million once it would divest its leather and detergent businesses.

GS Caltex of South Korea had cancelled a Brazilian refiner plan over profitability uncertainties, said a Reuters report.

South Korean company Hankook Tire would be investing USD 800 million to build its first tire plant in the US.

Dutch software company Unit4 shares increased after it announced that private equity firms had approached with a EUR 35 per share buyout offer.

Philippines' Robinsons Retail Holdings Inc. had decided to cut its public offering debut price by up to a third, said a report from Reuters.