Tesla's ingenious buy back scheme for the Model S would allow it control over the price at repurchase, thus generating more revenue.
Investors
Blackstone Mortgage Trust declares first quarterly dividend
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 acquires IBM's customer care BPO services business
Synnex Corp. announced that it would acquire IBM's BPO services through a combination of cash and stock payment.
Canada sells portion of its GM stake
The Canadian government announced last Tuesday that it would sell 30 million General Motors common shares.
Tesco lends US billionaire to take Fresh & Easy stores off its hands
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.
Latest News
Toshiba Corp announced today that it would acquire a majority stake in Vijai Electricals priced at around USD200 million.
The interest rates and maturities of standing loans to back up the Verizon buyout of Vodafone was determined.
The Reserve Bank of India (RBI) allowed local banks to borrow overseas up to 100% of their Tier I capital.
Blitsy, the online crafts company and site, received over a million dollars in seed funding from known institutional and angel investors.
USD800,000 was received by MobileRQ from its latest funding round. The initial funding round of MobileRQ was completed with Verizon Investments LLC leading the way.
Miley Cyrus' new single Wrecking Ball caused a lot of talks from fans after the singer/actress was seen naked in the music video.
AFL-CIO Equity Index Fund said that it reached USD4 billion financial milestone since its inception in 2011.
Goldman Sachs, Nike and Visa shares were added to the Dow Jone Industrial Average replacing Bank of America, Hewlett-Packard Co. and Alcoa Inc.
9Lenses raised an undisclosed amount for its first Series A investment round. A Software-as-a-Service venture providing packaged organizational analytics and business intelligence, 9Lenses announced the closure of a Series A financing round.
