Goldman Sachs ex-trader Fabrice Tourre was found guilty by a Manhattan jury in his role in the subprime mortgage-back deal known as Abacus in 2007.
Investors
CareFusion, Smiths Group shares slump after acquisition deal collapse
CareFusion and Smiths Group shares fell after talks for an acquisition deal for Smiths' medical equipment division collapsed.
Cox to discuss merger with John Malone’s Charter
Cox president and officials from Liberty Media have engaged in discussion for a possible merger with John Malone's Charter.
Tim Lee sits as chairman for GM’s Chinese unit
General Motors Co appointed Tim Lee as the new chairman of its Chinese unit as it gears up for expansion in its largest single market.
Illinois Tools sees USD6 billion buyback
Illinois Tools Works Inc. looked into buying back USD6 billion shares after investor Ralph Whitworth placed the company under pressure to increase its profit.
Latest News
Today, Actuant Corporation announced signing a deal to acquire Viking SeaTech for USD90 million. Actuant Corporation was established in 1910 and operates as a diversified industrial company with businesses in more than thirty countries.
Yes Bank Ltd announced that they are in the market to secure a US$250 million refinancing deal for the company's loans.
Crossroads C&I closed its buy of GlassCell Isofab, a Canadian thermal and acoustical insulation products distributor and fabricator.
Immofinanz announced that they are currently looking into the acquisition of more than 900 homes located in the northern part of Germany.
Kabe Exploration announced today that it will invest in its joint venture partner International Equity Partners Oil and Gas Inc.
Pret A Manger, with the help of private equity firm Bridgepoint, acquires GBP375 million from debt recapitalization.
Indian Angel Network invested in IndiaCollegeSearch, an online search engine dedicated for Indian educational institutions.
Minority shareholders of Fisher Communications said that the USD 373 million offer by Sinclair Broadcast Group to buy their television group undervalued its worth.
Cereal distributor Post Holdings Inc. agreed to buy Premier Nutrition Corporation for US$180 million in cash.
