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Wall Street suffers worst drop since June after weak data

U.S. stocks slumped on Monday, with the S&P 500 suffering its worst drop since June, after weaker-than-expected data on the factory sector in the world's largest economyprovided investors with the latest reason to move away from riskier assets.


Stock investors need to take pointers from private equity to be successful - report

According to a report on Benzinga by Tim Melvin, individual investors may want to heed to private equity firms' strategies with regard to investing assets, citing the industry's record gains it posted last year.

Private equity veterans backs herbicide-free weedkiller firm in £750K fundraising round

UK firm Weedingtech's recent fundraising campaign was supported by high-profile private equity movers like British venture capitalist Jon Moulton and Millhouse LLC owner Roman Abramovich.

Google's Sundar Pichai leads race for Microsoft CEO -sources

Sundar Pichai, a senior vice president at Google, has reportedly emerged as the leading candidate for Microsoft's chief executive officer post. Pichai is competing head-to-head with Microsoft insider Satya Nadella.


Latest News

Co-Signer, Inc. today announced its subsidiary's default ratio for calendar 2013 was 2.3% of total contracts for the period in contrast to its budgeted internal forecast of 7%. With an expanded sales effort for the immediate past year of its service product in targeted communities nationwide, the Company reported this milestone was achieved through its continuous monitoring of its underwriting.
Total Gaming Technologies Inc (TGTI), a subsidiary of Philippine-based lotto operator Pacific Online Systems Corp (LOTO) purchased 1,544,700 common shares of its parent firm for PHP23.29 million for investment purposes.
India's Public Sector Undertaking (PSU) banks initiated a process to offload their shares in credit ratings agency CARE Ratings, according to sources knowledgeable on the situation.
Spokane, Washington-based startup iCPooch launched a crowdfunding campaign on Kickstarter to raise $20,000 for the production of a device that allows dog owners to send treats or conduct facetime with their dogs when they are away from home.
According to Central Bank of the Philippines Governor Amando Tetangco, the policy of increasing rates to cope with volatile currencies set in place by fellow emerging markets would be more harmful, the Financial Times reported.
Winterthur, Switzerland-based industrial engineering and manufacturing firm Sulzer Ltd inked a deal to purchase a 75% interest in Saudi Pump Factory together with the latter's owner Nabil Al Hashim, in a deal valued at CHF33 million.
Ablynx, a Belgian biotechnology firm, has agreed to a €20 million deal with Merck to develop immunotherapies that can bolster the human body's potential to combat cancer cells, the Financial Times reported.
Exploration company Xanadu Mines, together with its joint venture firm Mongol Metals, have agreed to purchase a 90% stake in the Kharmagtai copper-gold project in Mongolia from Turquoise Hill Resources in a $14-million deal.
It may still be the first two months of the 2014 but redesigning Apple's iPad is probably the regulatory overreach of the year committed by the Federal Trade Commission, The Wall Street Journal reported.
The Committee on Foreign Investment in the United States or Cfius is expected to thoroughly scrutinize the $2.9 billion acquisition of Motorola's handset business by Chinese technology firm Lenovo.