Vapores finalizes loan package to expand fleet

A USD347 million loan package was finalized by Chilean shipping form Compania Sud Americana Vapores to purchase new ships.


Government shutdown may cause delay for mortgage closures

In a telephone interview, mortgage industry experts say that the shutdown would not only delay approvals but also put banks at risk as they work around the government's lack of services.

Harbinger share values rise amidst SEC settlement with its founder

Harbinger Group, Philip Falcone's investment firm, jumped in value as it sold off shares to a consortium headed by Leucadia National Corp.

Microsoft investors push Gates to step down from post

Three of the top 20 investors in computer software company Microsoft had urged its board to push the firm's founding chairman Bill Gates to step down from office.


Latest News

Empire State Realty Trust Inc. announced today pricing its initial public offering valued at USD13 per share piece.
Today, American Tower Corporation announced completed acquisition of MIP Tower Holdings LLC, the parent firm of Global Tower Partners.
Today, Dealertrack announced completing its acquisition of VINtek and Customer Focused Marketing Inc.
The state of Texas had dropped out of the lawsuit filed by the US Justice Department to block the US Airways-American Airlines merger, according to a Reuters report.
LIC lowered exposure in food conglomerate Britannia Industries. The Indian state-owned Life Insurance Corporation had decreased its shareholdings in Britannia Industries, the consumers conglomerate, by 2.
Vodafone formed a consortium with three Gulf telecommunications firms to activate a 1,400 fiber network in anticipation of the increased demand for broadband services in the region.
History showed greater economic performance after a shutdown, but there are many issues after that which need action from government.
According to a report by VentureBeat, Apple Inc would have to tread carefully with advice from investor Carl Icahn.
Japanese firm Sumitomo Corp would be buying Los Angeles-based steel products maker Edgen Group Inc in a USD520 million deal, according to Reuters.
Social media backup startup SocialSafe received an additional USD1 million in investment commitments with Microsoft Corp researcher Gordon Bell as its investor and advisor.