The Board of Directors of Microsoft Corp approved a new share repurchase program worth USD 40 billion.
Investors
Mediobanca unilaterally cut its stake in Telco SpA affecting Telecom Italia
Mediobanca, one of the shareholders in Telco SpA who is the majority shareholder in Telecom Italia SpA, announced the cut in its stake in the holdings company, lowering the value of the shares of the telecommunications firm.
Safeway does 'poison pill' defense against possible takeover
Safeway, the grocery chain, received information as to the significant accumulation of shares of stock by an unnamed individual, requiring the company to protect itself from a hostile takeover.
Lamborghini unveils new car model in solid gold
Lamborghini unveiled a model of Lamborghini Aventador LP-700-4 carved out of solid gold and adorned with precious metals and gemstones.
Lively raises another USD4.8 million in Series A funding, simplifies market strategy
Sensor machine maker Lively Inc announced that it had raised an additional USD4.8 million from the closing of its Series A funding round.
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Online communication and collaboration tools provider FuzeBox had raised USD26 in its recent funding round.
In an announcement made today, BDC Venture Capital would be investing an additional USD135 million to support Canadian companies in the healthcare sector.
Burberry projects growth in the Chinese market to continue despite government crackdown on luxury goods.
Pharmaceutical company Chiesi Farmaceutici SpA agreed on Monday to acquire the remaining stake it does not own in Cornerstone Therapeutics Inc for USD9.5 per share in cash.
The Royal Bank of Scotland Group could face more lawsuits stemming from the share offering it conducted in 2008 that caused investors to lose money.
The 'grey market' is a good gauge of the market's interest in an IPO and Twitter is gaining 'high interest'.
According to the Ministry of Commerce, China's utilized FDI increased by 6.37% for the first eight months of the year.
Leap Wireless International Inc shareholders would meet next month to vote on AT&T's planned acquisition of the prepaid wireless carrier.
Huntsman Corp said it would be buying the titanium dioxide pigment business of Rockwood Holdings for USD 1.1 billion.
