Two agribusiness firms scramble to purchase shares in Florida citrus grower Alico. The heirs of Ben Hill Griffin Jr have sold off their shares in the market leading Florida based citrus company.

According to German software giant SAP, its Business by Design module for small and medium businesses would not be further developed but current users can still utilize its online services.

A bid from a private equity firm for its cash solutions business is being mulled by G4S. Charterhouse Capital Partners LLP is contemplating the bid amounting to GBP1 million or USD1.

Because of findings by gaming authorities as to alleged Russian mob ties, Caesars Entertainment drops Ganesvoort Hotel from its partner-investors listings.

A total of USD13 billion is to be paid out by JPMorgan under the tentative settlement agreement forged with US authorities related to mortgage backed securities.

According to banking sources, the Financial Times said the IPO of UK's Royal Mail was underpriced.

Bernie Madoff's sons were vindicated for the civil case over the properties of their father in the UK.

Software maker SAP on Saturday said it would be reducing the development capacity of Business By Design, a software product targeted to small and mid-sized business customers.

Twitter's major stakeholders would benefit from the initial public offering should the social media company's debut would succeed.

Yahoo decided to keep more of its stake in Alibaba after the latter would go public. Yahoo amended its planned share sale of its holdings in the Alibaba Group and decided to keep a larger stake of the Chinese e-commerce firm.