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Plus500 goes public via IPO to enhance market presence

Plus500 planned to go public via an IPO to enhance its market presence. Plus500 decided to go public to enhance its market presence. The retail Forex broker planned to do so through offering an initial public offering.


INTL FCStone abandons plan to purchase Asian online exchange Cleartrade

INTL FCStone abandoned its plan to buy Cleartrade Exchange due to the newly-issued financial guidelines.

ClubCorp Holdings Inc. plans US$100-million IPO

ClubCorp Holdings Inc. filed for a US$100-million IPO. ClubCorp Holdings Inc. filed for an initial public offering. According to a Securities and Exchange Commission filing dated July 12, ClubCorp Holdings aimed to raise up to US$100 million.

Biden appeals for US-China trust

US Vice President Biden calls for trust between US and China while pushing for Chinese economic reforms.


Latest News

The House of Representatives approves the contentious farm bill defying a veto threat from the White House.
CFTC was close to a compromise on how the regulator's rules applied to foreign corporations dealing with banks in the US.
Sci-fi flick Pacific Rim reported high numbers on its opening day, especially in Asia. Guillermo del Toro's science fiction movie 'Pacific Rim' joined the three-way race for the number one spot in this week's Hollywood blockbuster ladder.
According to Oriens, a US$30-million merger/acquisition was a future possibility. Oriens Travel & Hotel Management Corp. (OTHM) announced that the FROL Booking Engine exceeded the company's expectations.
After the speech of Ben Bernanke, stocks surged. After delivering his anticipated speech last Wednesday, Ben Bernanke seemed to be the extra fuel that the stock market engine needed to go full blast.
Jack Lew, US Treasury Secretary, confirmed that Chinese regulators will be handing over documents about US listed companies based in China; a move that may dissolve disagreement about several accounting scandals.
The European Commission proposed the creation of a new agency that would close and revamp failed banks.
Neptune increased its stake in Acasti Pharma Inc. Neptune Technologies & Bioressources Inc. announced Friday its acquisition of 6,750,000 Class A common shares from Acasti Pharma Inc.
Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.
The increase in interest rates and decrease in stock price took off the glow in consumer sentiment. In early July, fears regarding increasing interest rates and decreasing share costs dinged US consumer sentiment.