Investors
Groupon loses dismissal bid for the class action suit it is facing in court
In a ruling by Judge Norgle, Groupon was ordered to face the class action suit filed against it for securities fraud.
BIND Therapeutics announces IPO pricing
BIND Therapeutics announced the pricing of its initial public offer of 4,700,000 shares at USD15 per share.
Empire State Building REIT files IPO
The Empire State Realty Trust Inc. whose properties include the Empire State Building had filed to raise a hefty USD1.07 billion in proceeds, according to a regulatory filing today.
London whale scandal cost JPMorgan USD1 billion in fines
JP Morgan Chase & Co. reached a milestone in cleaning up its legal affairs however it had also left the company a hefty USD1 billion settlement payments.
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Sentry Equipment Corp. announced its acquisition of Accurate Tool Company assets. Sentry Equipment Corp is a leading worldwide supplier of industrial sampling products and systems.
A memorandum of understanding was finalized between Tata Group and Singapore Airlines leading the way to the formation of a new airline to service the Indian market.
The Minas wind farm in southeastern Uruguay was purchased by Eurus Energy, a jointly owned company by Tokyo Electric and Toyota Tsuhu.
A bid for Alitalia was being reviewed by the Air France-KLM Group. The board of directors of Air France-KLM Group would meet on Sept. 23 to determine whether a bid for majority ownership over Alitalia SpA would be made.
The forecast of increased revenues and profits had the share prices of United Utilities increase significantly.
Sweden's Finance Minister Anders Borg advised banks of a future of stricter administrative rules over their operations.
Jyoti Bansal, founder of AppDynamics, have built a company that helps firms manage their high volume data.
According to Ford Americas President Joe Hinrich, this investment would expand their Oakville plant near Toronto, Canada.
Kloevern AB gained the most after the firm was upgraded in status by Swedbank AB. The shares of Kloevern AB had jumped its highest in nearly five months in Stockholm trading.
The Re/Max Holdings IPO projected the revenues earned to reach USD241.5 million. The franchiser of real estate brokerages, Re/Max Holdings Inc. had filed documentation to raise as much as USD241.