Icahn buys Apple as share prices slide

In an interview with CNBC, Carl Icahn confirmed his firm's large purchase of Apple stock as it fell due to consumer disinterest in new iPhone models.


Societe Generale may sell private banking unit in Asia - sources

According to sources familiar with the matter, French bank Societe Generale was considering on selling its Asian wealth arm based in Singapore.

Lockheed Martin purchases Amor Group

The acquisition of IT firm Amor Group was recently announced by Lockheed Martin Group for an undisclosed amount.

Basel IV requirements would need another GBP50 billion for compliance

UK banks would need another GBP50 billion on top of GBP13.7 billion to comply with both Basel III and Basel IV.


Latest News

EU submits a list of proposals aimed to improve the EU telecommunications industry. In its newest attempt to overhaul the European Union's telecommunications industry, a proposal to place a price cap on cross border phone calls in Europe was made.
UltraTech had agreed to buy Gujarat cement plants from Jaypee Cement Corp. valued at INR3.8 billion.
Former ESPN President and former Microsoft CEO are amongst the new appointees to the SiriusXM board of directors.
Britain's Royal Mail had received GBP1.4 billion in credit facilities according to a Sky News Report on Tuesday.
Marcato Capital Management's hedge fund manager Mick McGuire had been thinking about how auction house Sotheby's could benefit shareholders in his company.
For USD200 million, TradeWeb would be acquiring BondDesk. Tradeweb, the fixed income trading platform provider is deep in discussion for the buyout of BondDesk Group LLC.
The rates for the loans engaged by Verizon Communications to pay off the 45% Vodafone ownership in the Wireless venture was recently released.
World Point Terminals announced today that the underwriters for its recently closed IPO had exercised their underwriting options to purchase additional 1,312,500 common stock.
Facebook Inc. stock had reached another milestone following a rocky debut on Wall Street last year. On Wednesday, the shares of social media giant Facebook Inc.
In what was termed as ongoing succession planning, Agribusiness Cargill's CEO Gregory Page would be stepping down by December 1, 2013.