Apple bought back three times more share than expected. Apple recently had a major share buyback spree. The company bought back 36 million shares instead of the scheduled 10 million.
Investors
New investors gain Prolexic series C financing
Prolexic Technologies raises US $30 million in series C financing led by new investors. Prolexic Technologies, a specialist in Distributed Denial of Service (DDoS) protection, raised US $30 million in series C funding led by Trident Capital and Intel Capital.
World Bank Group member IFC invests US $50 mln in Mexico-based trust
IFC infuses US $50 million in Credit Suisse Mexico Credit Opportunities Trust, bringing the trust’s total capital to US $550 million.
Adzuna launches Jobsworth
Adzuna has launched Jobsworth, a tool that gives a salary estimate of every job advertised. Classifieds search engine Adzuna has announced the launching of Jobsworth, a tool that enables users to view the salary estimate of any job advertised.
Bunge second-quarter earnings drop by half vis-à-vis year-earlier figures
Bunge Ltd. suffered a 50% drop in its second-quarter earnings compared to last year's figures.
Latest News
Japan Post Holdings Co Ltd is set to launch an initial public offering that will raise JPY4 trillion.
Etisalat ETEL.AD announced plans to acquire Pakistan's Warid. Etisalat hires Goldman Sachs Group as financial adviser for the deal.
Super Group Ltd. announced plans to make first acquisition in ten years. Singapore's leading instant-coffee maker, Super Group Ltd. , said that they are seeking to make their first acquisition in a decade.
Apple stocks led a rally to keep losses of tech stock at bay. Wednesday afternoon at the stock exchange saw most US stocks in the red. However, tech stocks, led by Apple, rallied to limit the losses.
Microsoft Ventures opened in Berlin. Berlin was considered by investors as a startup haven, home to a booming startup scene due to an influx of large companies pouring investments.
The "best" Apple Q3 2013 analysts had "inspired" estimates, but not all "hit every nail on the head."
Apple shares experienced what was probably its best day ever in 2013. Shares of the tech giant Apple experienced what was probably the best day it had this year.
CTBC Financial Holding Co. announced that they will acquire Tokyo Star Bank Ltd. for US$520 million.
German publisher, Axel Springer, said that they will sell their magazines, regional newspaper and program guides to Funke Mediengruppe for EUR900 million.
