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Martha Stewart

Martha Stewart, Macy's settle legal dispute over Penney partnership deal

Martha Stewart Living Omnimedia Inc and retailer Macy's Inc on Thursday announced the settlement of a lawsuit it filed against the former over a partnership deal with department store chain J.C. Penney Co Inc in 2011.

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Help-to-Buy program

Mortgage bids close to £1 Billion in Help-To-Buy program - UK PM Cameron

A statement from the office of the British Prime Minister David Cameron revealed that 6,000 mortgage applications, with over 80% of them as first-time buyers, applied for home loans under the government's Help-to-Buy program.

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Founders launch new tech site venture after closure of AllThingsD

After leaving digital news publication AllThingsD with owner News Corp, editors and founders Kara Swisher and Walt Mossberg are focused on building its newest online news site venture called Re/code.

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India’s Bombay Bullion Association plans 5pct stake purchase in MCX

India's Bombay Bullion Association, a traders' group representing 1,000 jewelers and traders, plans to buy a 5% stake in the Multi Commodity Exchange of India Ltd after the Forward Markets Commission said its founder was not eligible to run the bourse.

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Hedge Fund Manager

Hedge funds seen to snatch risky opportunities US and foreign banks now avoid

While US and foreign banks do away with risky investments like municipal bonds, hedge funds had taken advantage with the loss of a competitor and increased their positions in such assets, a Barron's report said.

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Carl Icahn

Apple cites reasons why shareholders should vote against Carl Icahn's proposal

Carl Icahn has proposed that Apple increase its stock buyback program to $50 billion but Apple cited reasons why shareholders should not vote for it.

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Tesco PLC

Tesco-Tata-owned Trent Hypermarket joint venture gets green light from Indian regulator

British retailer Tesco's $110 million investment in Tata-owned Trent Hypermarket has received approval from India's Department of Industry Policy and Promotion (DIPP). This will pave the way for Tesco to get a clearance from the country's Foreign Investment Promotion Board (FIPB).

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Behringer Harvard Multifamily REIT I Inc

Behringer Harvard REIT forges new $300M co-investment with PGGM Real Estate Fund

Dallas-based Behringer Harvard Multifamily REIT I Inc expanded its co-investment arrangement with PGGM Private Real Estate Fund by agreeing to a new $300 million deal to co-invest in multifamily communities.

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Carl Icahn

Apple shareholders to vote on Carl Icahn's $50 B stock buyback proposal early next year

Apple Inc. has filed a proxy statement with the US Securities and Exchange Commission on Friday. Apple investors are set to vote on activist investor Carl Icahn's $50 billion stock repurchase proposal on February 28.

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Spanish builder FCC shares jump on news of American investor George Soros' 3% stake purchase

Shares of debt-laden construction firm FCC SA leaped by as much as 8.8% on Friday following news that American hedge fund Soros Fund Management, controlled by billionaire George Soros, had acquired a 3% stake in the company.

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LG International Corp

GS Holdings and LG to pay $598M for combined stake in South Korea's STX Energy

South Korean oil refiner operator GS Holdings Corp entered into an agreement with commodity trader LG International Corp to acquire a combined stake in STX Energy for $598 million.

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AgriNurture Inc

Black River ups stake in Philippine food exporter AgriNurture

Singapore-based asset management company Black River Capital Partners Food Fund Holdings (Singapore) Pte Ltd has increased its holding in Philippine-based food exporter AgriNurture Inc, according to a stock exchange disclosure.

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Steel Authority of India Ltd.

SAIL, ONGC of India in discussions for a joint coal-bed methane exploration project

State-owned steel maker Steel Authority of India (SAIL) and the country's largest energy explorer, the Oil and Natural Gas Corporation, are in preliminary talks about jointly exploring coal-bed methane in Indian coal blocks. SAIL wants to use coal-bed methane to reduce input costs.

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Gunfleet Sands Facility

Development Bank of Japan to buy 24.95% stake in offshore wind project in England

The Development Bank of Japan will acquire a 24.95% stake in the Gunfleet Sands Facility, a 172-megawatt offshore wind project located in England. DBJ will buy the stake from Marubeni Corp., which bought its holding originally for $329 million.

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Aireon LLC

Irish Aviation Authority pours in €20M in US air traffic surveillance firm

The Irish Aviation Authority has spent €20 million to buy a 6% stake in Virginia, US-based air traffic surveillance firm Aireon LLC, as part of an agreement with Italy and Denmark to invest in the new service.

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