Facebook reviewed number of ads in relation to revenue growth and number of users. Due to the number of advertisements on Facebook, younger teens had not been using the site.
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ICE suspends purchase date of NYSE
ICE postponed date of NYSE purchase. Futures Market Operator, IntercontinentalExchange, postponed the date for acquiring NYSE Euronext. NYSE claimed this would give more time for approval of the transaction by European regulators At this point, European regulators have not raised any substantive issues among NYSE and ICE.
Bega Cheese gets regulator approval for Warrnambool Cheese bid
An Australian regulator approved the bid of AUD 407 million of Bega Cheese Ltd for the acquisition of Warrnambool Cheese & Butter Factory Co.
Essent Group raises USD 335 million in IPO
Essent Group raised USD 335 million for its initial public offering in the US. Mortgage insurance firm Essent Group Ltd was able to gather USD 335 million in its initial public offering.
McDonald's and Kraft to sell McCafe in US groceries in 2014
McDonald's and Kraft to sell packaged McCafe-branded coffees in 2014. McDonald's Corp and Kraft Foods Group Inc agreed to sell packages of McCafe-branded coffees at retail locations and grocery stores across the US in 2014.
Latest News
The Federal Reserve announcement that it would continue with its monthly bond purchases caused US stocks to drop.
The US central bank said it was going to continue its purchases of bonds worth USD 85 billion a month to keep interest rates low.
The F-35 fighter jet dropped its first bomb to hit a ground target in its first delivery test. The Pentagon said F-35 fighter jet hit its first ground target in a delivery test.
Eurobank Ergasias SA failed to meet it capital requirements may now be force to sell shares at losing price.
Jason Armstrong, lead analyst of Goldman Sachs, will work at Comcast to head investor relations. Goldman Sachs Group Inc. veteran Jason Armstrong is said to be leaving and would become Comcast Corp.
Intel Corp. and Verizon Communications Inc are talking to about Intel's Web-TV. Intel Corp. , and Verizon Communications Inc. are having talks about possible takeover of Intel's TV delivery over the Internet, according to a report by Bloomberg.
Shareholders in the largest milk producer in China sold nearly 5.2% stake. A group of shareholders raised nearly HKD855. 4 million or USD110 million from the sale of 5.
Infosys settled with US Department of Justice for US$34 million over visa fraud case. Infosys Ltd. , has announced that it has entered into a settlement with the U.
Stanford Marine Groups prepares for its debut in the London stock market, hires heavyweight investment bankers.
