Best Buy CEO Joly sells shares to pay for divorce

About 350,000 shares were sold by Best Buy CEO Joly to pay for divorce but this does not dilute his shareholdings in the company.


Gen Re settlement approved by US District Judge

The settlement paid out to investors for the collusion between Gen Re and AIG was already approved by US District Judge Deborah Batts.

Dalian Wanda Group to invest in US hotel management companies

In an interview with Bloomberg News, China's richest man Wang Jianlin has hired two investment banks to assist his company in planned acquisitions of hotel management companies in the US and London.

Dell Inc set to meet creditor banks for leveraged buyout financial backing

The financing aspect of the leveraged buyout of Dell Inc by CEO Michael Dell and Silver Lake Partners was discussed for finalization.


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In seeking acquisitions for greater investment return, Danaher Corp is choosing between Spectris and Pall as its first purchase.
In documents filed by Dish Network's lawyers, they reiterate the five year ban agreed to by Falcone as well as the lack of evidence as cogent and sufficient reasons for the dismissal of the case filed by Harbinger Capital Partners.
Blackstone Mortgage Trust declared its first quarterly dividend of USD0.27 payable to shareholders of record after the trading closes by the end of this month.
Synnex Corp. announced that it would acquire IBM's BPO services through a combination of cash and stock payment.
The Canadian government announced last Tuesday that it would sell 30 million General Motors common shares.
Tesco would lend Yucaipa investment firm GBP80 million to take Fresh & Easy stores off its hand. UK based Tesco would lend US billionaire Ron Burkle's Yucaipa investment firm GBP80 million.
Twitter announced on Monday through a blog post that it had acquired MoPub without disclosing the financial terms of the deal.
Eike Batista's MMX sold off its debt and partial stake to commodities trader Trafigura Beheer BV and sovereign wealth fund Mubadala Development Crop for the Sudeste port.
Tesla's ingenious buy back scheme for the Model S would allow it control over the price at repurchase, thus generating more revenue.
Toshiba Corp announced today that it would acquire a majority stake in Vijai Electricals priced at around USD200 million.