U.S. judge approves USD20 million Facebook settlement on lawsuit over targeted ads. A U. S. judge granted final approval on Monday to Facebook's USD20 million settlement despite objections from plaintiff's that the lawsuit failed to cover children's privacy.
Investors
Barnes & Noble retail head sells more than half of shares
Mitchell Klipper, head of the retail group at Barnes & Noble, sells 400,996 shares, giving up more than half of his stake in the company.
Shareholder case against UBS dismissed by Supreme Court
The U.S. Supreme Court dismissed a shareholder derivative lawsuit filed against UBS by pension plans in Puerto Rico.
Fission Uranium plans hostile takeover of Alpha Minerals
Fission Uranium considers taking offer to shareholders of Alpha Minerals after company refuses buyout discussions.
Third Point increases stake in Sotheby’s
Daniel Loeb's New York-based hedge fund increases its stake in Sotheby's to 5.7%. A regulatory filing showed Monday that Third Point LLC, investor Daniel Loeb's New York-based hedge fund, had increased its stake in Sotheby's to 5.
Latest News
The number of initial public offering in Sweden had increased while Stockholm's OMX All-Share Index had reached a record high, erasing market volatility in the country.
RingCentral submitted an application for an IPO with the US SEC. A leading provider of cloud business communications to the market announced the filing of a registration statement on Form S-1 with the SEC.
FilmTrack closed equity investment round with the largest contribution from Insight Venture Partners.
Pershing Square Capital Management LP's CEO Bill Ackman had agreed with JC Penny Co. on the sale of his entire stake in the company.
BATS Global Markets Inc. and Direct Edge Holdings LLC said that it would commence the merger last Monday.
Titagarh Wagons Ltd. had decided to no longer push its demerger plans amid the sluggish order flows for wagons in the market.
An acquisition deal for a Chinese copper landmark had been placed at risk after the USD3 billion agreement was reviewed.
Globecomm Systems Inc. said that it had agreed acquisition from Wasserstein & Co for USD340 million.
The Reserve Bank of India had allowed non-resident Indians to purchase shares from Tai Industries and Madras Aluminum Company.
