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Uber's CEO Says No Financing Discussions Ongoing
Uber is said to be in venture financing discussions despite CEO pronouncements. Uber, the fast growing alternative taxi transportation service is now in discussion with a venture capital firm about a new funding round that is forecasted to value the company at about US$1 billion.
Icahn Increases Stake in Nuance Communications
Carl Icahn increases stake from 9.27% to 10.72% in Nuance Communications. Activist billionaire investor Carl Icahn has increaseed his shareholdings in software manufacturer Nuance Communications.
Merck and Pfizer Announce Deal
Merck and Pfizer announce deal for the inclusion of ertugliflozin into current diabetes drug portfolios of the companies.
Apple Inc Offers US$17 billion
Apple, in the largest bond deal for the year, offers US$17 billion to assuage shareholder fears over falling profits and declining growth.