New York-based BlackRock Inc said civil proceedings were started by Italy's securities regulator against Nigel Bolton, one of its money managers, over the trade of Saipem's shares last year, Bloomberg reported.
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Target Corp says data breach larger than initially believed, state prosecutors get probe underway
Target Corp said the cyber breach of its payment cards during the holiday shopping season was more extensive than what it had initially believed, Reuters reported.
Pimco Total Return increases US government holdings amid loss- report
Pimco Total Return Fund, the biggest bond fund in the world, increased its US government-related holdings in December to 45% from 37% in November, Reuters reported.
Monster Beverage Corp's rising revenue makes it desirable target for Coca-Cola- report
Monster Beverage Corp, an energy drinks maker, is still an ideal target for beverage companies like Coca-Cola Co seeking to augment its sales, Bloomberg reported.
Vadxx Energy gets financing to build first commercial plant to turn plastic waste into energy
Cleveland, Ohio-based recycling company Vadxx Energy received funding from Liberation Capital, a private equity firm, for its first commercial-scale facility that can transform plastic waste to energy.
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Investment bank Moelis & Co founded by Wall Street dealmaker Ken Moelis is planning an IPO together with Goldman Sachs Group Inc and others.
Gary Newsome, a former CEO of Health Management Associates Inc, was named a defendant of a whistleblower lawsuit alleging kickbacks at the company, Bloomberg reported.
Judge Kevin Gross of the US Bankruptcy Court in Wilmington, Delaware on Friday rejected a planned sale of Fisker Automotive to Hong Kong businessman Richard Li. Gross ruled in favor a competitive bidding between Li and Chinese auto parts maker Wanxiang Group instead.
UK's Cineworld Group will acquire Polish movie theater chain Cinema City International for a little over £500 million, becoming the new cinema mogul in Europe. If the deal pushes through, Cineworld will have 201 cinemas with 1,852 screens.
Mississippi-based firm Britton & Koontz Capital Corp gained approval from its shareholders for a previously announced merger into Lafayette's Home Bancorp Inc that is valued at $34.5 million.
Ian Brady, chief investment officer of California-based firm Oak Tree Wealth Management Ltd, cautioned about taking risk in credit and property, saying performance in 2014 will be hard to come by.
Tech giant Apple Inc did not infringe on a patented technology owned by Google to make the iPhone, according to the US Court of Appeals for the Federal Circuit.
China-based automotive glass supplier Fuyao Glass Industry Co will pour in a $200-million investment to build a manufacturing facility at the former assembly plant of General Motors (GM) in Ohio, US.
California-based early stage investment platform TPG Growth is in advanced talks to acquire New York-based beauty company e.l.f. Cosmetics, according to three sources familiar with the matter.
