Iconic Hostess Brands to return to the market after bankruptcy issues were resolved. Hostess Brands LLC disclosed plans to reopen its bakery in Kansas by summer.
Industry
CBRE Reports Growth in 1Q of 2013
CBRE announced a 12% profit realized from increased revenues from global property sales demand surge.
US investments in Overseas Real Property on the Upswing
Recent research indicate US investors are again looking to snap up real estate ventures and investments located overseas.
SEC Chair Caught Between Rock and Hard Place
SEC Chair Jo White is caught between a promise made during her confirmation hearings and the ire of consumer advocates she has sworn to protect.
Inflows Surprise Many Despite Gold Price Tumble
Analysts and traders saw great fund inflows despite tumbling prices of gold and other commodities. Despite record losses for gold and other precious metals, many hedge funds and speculators continued to pour money into these investments.
Latest News
Major equity firms such as Carlyle, Pantheon and Victoria are setting up shop in Peru and Colombia. Three major private equity firms are opening up offices in the emerging markets of Peru and Colombia to ride the crest of deals that rate higher than the economic growth of Brazil.
MRI International Inc is now under investigation for false information and misleading clients not only in Japan but in the US as well.
Russia's Merchel Steel has halted the offer for sales of its assets. Russian steel firm Mechel has withdrawn its offer to sell off 25% of its mining division due to tepid market conditions.
In a warning report, Reuters has found that debt issuances by companies have reached near 2007 levels.
Citi hires Ben Story, former head of Deutsche Bank. Former Deutsche Bank head Ben Story has been appointed by Citigroup to become head of UK Investment Banking and Brokerage.
Kawasaki Heavy Industries is open for merger option but has not made formal moves despite report from Nikkei newspaper.
SDA rates cut by Bangko Sentral ng Pilipinas to limit inflows and increase outflows. For the third time this year, the Philippines has cut rates it pays on special deposit accounts in an effort to curb capital inflows and prevent asset bubbles.
Infosys, the paragon of market guidance, has now experienced the shock of falling share values because of failed earnings expectations.
Despite Nikkei highs, two major companies report losses for the period. The Nikkei index of Japan is now nearing a five year high as the share average jumped higher in the day's trading.
