Firms stand to earn nearly USD50 million from the Twitter IPO. During the visit of Twitter to New York last week, executives of JP Morgan Chase & Co had mingled outside their offices with jackets emblazoned with the logo of the microblogging site.
Funding
Commercial Bank of Qatar to issue bonds
The Commercial Bank of Qatar is set to undertake a perpetual bond issue to cover the acquisition of Turkey's Alternatifbank.
IBM offers bonds worth 2.5 billion in Euros
IBM offered the biggest sale in securities. International Business Machines Corp. (IBM), one of the world's largest computer-services providers, is marketing the biggest bond sale worth €2.
Standard and Poor's Dow Jones Indices upgrades Qatar and the UAE
Qatar and UAE granted emerging market status while Bahrain, Kuwait and Oman retain frontier markets.
Arhammar Short Alpha Fund bets on underperforming stocks
Two former Kynikos analysts establish Arhammar Short Alpha Funds to bet on falling stocks. London-based Arhammar Short Alpha Fund Ltd would be betting on falling stocks around the world.
Latest News
Intesa Sanpaolo chief executive officer Carlo Messina wanted Italian carrier Alitalia to have Air France-KLM as its industrial partner.
Saudi Arabian Prince Alwaleed bin Talal's Kingdom Holdings is preparing to purchase more shares in Twitter when its IPO comes around.
Securus Medical Group raised USD 6.5 million at the initial close of its Series B round led by 3X5 Special Opportunity Fund.
Vention Medical, one of the firms in the Fund IV of KRG Capital Partners, acquired Fast Forward Medical.
The USD60 million raised in NextDoor's Series C financing round would go towards hiring additional software engineers to develop its core product.
Onex Credit completed its fourth collateralized loan obligation through a private placement. Onex Corporation through a statement announced Onex Credit Partners LLC had completed the offer of its fourth collateralized loan obligation through a private placement transaction.
The new venture of Cliffwater LLC and Virtus Investments would be called Cliffwater Investments. Multi manager asset management business operator Virtus Investment Partners together with leading advisory firm Cliffwater LLC announced the establishment of Cliffwater Investments LLC.
With the projected growth of video advertising, Rockabox opens a Series A funding round worth GBP3 million.
Judge Mariana Pfaelzer of the US District Court of Los Angeles temporarily approves Countrywide settlement for devalued residential mortgage backed securities.
