With the ongoing insider probe, more investors are pulling out their investments from SAC. With tremendously huge $3. 1 billion client money, Magnitude capital started getting back its funds during the first quarter of the year.
Archives
Fed Speculates Higher Bonds Yields, Sinking Stocks
US stocks were sold off yet government bond yields increased. With the rising sentiments of consumers about the Federal Reserve's next step, the US stocks that were sold and the bond yields from the government increased.
US Treasury Suspends Pension Funds
The US Treasury has announced suspension of pension funds to raise its debt limit. The US Treasury announced last Friday the suspension on pension funds payment.
A Call for Dell Shareholders To Support CEO Buyout Deal
Dell urges its shareholders to support founder/CEO Michael Dell's buyout proposal. Dell Inc. has called on to its shareholders for the approval of a $24.
Two Unnamed Bidders Offered More Than $1 Billion for Hulu
Hulu received a hefty number of bidders giving bids of more than a billion for a piece of it. More than $1 billion was offered by DirecTV and two other bidders.
Latest News
FreePort McMoRan acquires both Plains Exploration and Production and McMoRan Exploration Co. In an announcement last Friday, Freeport-McMoRan Copper & Gold Inc said that it had completed its purchase of Plains Exploration and Production, the American oil and gas producer.
Teakwood Capital invests in multi touch marketing program Marketing Advocate. Dallas based private equity firm Teakwood Capital announced a capital investment in Marketing Advocate, a multi-touch nurture marketing program specifically for global technology firms and their channel resellers.
Promotora, the top venture capital firm in Colombia, divests its shareholdings in Easy Solutions. The leading venture capital firm in Colombia, Promotora had announced the divestment of one of its portfolio companies, Easy Solutions.
Capitol Energy Ventures with others are investing a total US$68 million in Constitution Pipeline Co LLC.
Skyline Innovations announced mezzanine financing round worth US$2 million. The national leader in solar water heating financing and installation, Skyline Innovations Inc.
Cosco Capital sells shares to raise funds for payment of debts, expansion of business and acquisition of retail ventures.
Redefine Properties will be selling off its Hyprop Investments shareholdings after it gained controlling shareholdings in a rival property firm.
Eni sells off 6.7% of its shareholdings in Galp. Eni, the Italian oil and gas group had announced the accumulation of Eur677. 6 million after the sale of 6.
Dell Inc supports Michael Dell/Silver Lake bid and urged its shareholders to vote for the bid on its July 18 shareholders meeting.
