Because of the still too expensive low cost iPhone 5C, the share values of Japanese suppliers fell in the market.
Investors
KKR set to purchase Panasonic healthcare unit
KKR contemplating partnership with INCJ for the purchase of Panasonic's healthcare unit. Private equity firm KKR, according to sources with knowledge of the transaction, is contemplating if it would enter into a partnership agreement with state supported Innovation Network Corporation of Japan.
Deutsche Bank reviewed for corrupt practices
Deutsche Bank AG was under review for excessive entertainment expenses made for pension fund executives.
CORRECTION: Southeastern Asset Management purchases shareholdings in News Corp
The buyout firm is now the second largest shareholder in News Corp after mogul Rupert Murdoch. CORRECTED: Reference of Southeastern Asset Management as a hedge fund when it is a global investment management firm.
Fire Island residents receive Verizon action
The complaints from Fire Island residents post Hurricane Sandy was the reason that Verizon started to change its tune on its actions.
Latest News
Because of the uncertainty as to the result of the case filed in court, the deadline of the merger between the two airlines was sought to be extended.
Creative Learning subsidiary BFK Franchise Company, LLC had announced that it would be selling a Master Franchise to Blockheads Ltd.
After the fall of the iconic Twin Towers building in 2001 due to terrorist attacks, the city of New York had funded the reconstruction with USD250 million cash and USD1 billion sale of bonds.
The recent launch of the iPhone 5S and 5C cost about USD200 more in China than in the United States.
Verizon Communications Inc. latest corporate bond sale was expected to fetch around USD49 billion. The financial market would be expecting Verizon Communications Inc.
ALung Technologies closed its Series B-1 financing with USD 15.8 million to commercialize its Hemolung Respiratory Assist System.
Corridor Capital purchased Innovative Office Products for an undisclosed amount. Private equity firm Corridor Capital closed its acquisition of Innovative Office Products (IOP).
Sources told ChicagoRealEstateDaily.com that Adventus Realty Trust would buy Crossings for a price tag of USD 35.5 million.
Investors of Deutsche Bank would be voting for the tenure extension of co-chief executive Jürgen Fitschen to end March 31, 2017.
