Gary Fullam, the investment adviser of Global Investment said that though U.S. stocks had risen its gain, still it is not a reason to celebrate. Firms are still threaten of the bull market.
There are to three mutual funds that Invesco offered to investors. Invesco explained each of the features and highlighted its uniquely quality compared to other mutual funds.
Hedge Fund Platinum Partners requested to pull their money from the firm. Bernard Fuchs pulled some of his money for charitable donations. Though he insisted some of the investors to stay put, investors were alarmed and would like to do the same since the firm was under federal investigations.
A new senior vice president has been announced by Inland Securities Corporation. Denise Faber has previously worked at John Hancock Financial and has hold several positions related to investments prior to joining with Inland Secuities.
AimCo's CEO is pleased to announce their partnership with Journey Energy Inc. Journey released 4.95 million investment. AimCo was so happy that it has victoriously enterted a strategic financing firm with Journey.
Compound-the newly named firm which stage a $50M is under the umbrella of Metamorphic Ventures. The fund is allocated for the startups of the different areas like adtech, healthcare and etc.
U.S. industrial firm General Electric (GE.N) plans to invest around $150 million in Nigeria by 2017
Wells Fargo is at the middle of big scandal right now as it is being investigated by board and senate.Answers several authority inquiry.
Alibaba is about to acquire Singaporean start-up Lazada for about $1 billion that was established by the German technology Rocket Internet. Existing shareholders including Tesco, AB Kinnevik and Rocket Internet will sell a portion of their shares to Alibaba.
Didi's target for funding has raised to $1.5 billion to compete with Uber in China. Didi operates in 400 cities and is expected to accelerate to about 10 million at the end of the year.
Mexico will be rich in renewable energy as private energy companies flock to the state to provide them with electricity generated from clean energy to be sold to Comisión Federal de Electricidad. Italy’s Enel Green Energy won 3 projects and will build solar plants while others will provide energy from wind farm.