Last Wednesday, US regulators lifted a long time ban on advertising by hedge funds and other firms. On Wednesday, US regulators lifted an 80 year old ban on advertising by hedge funds, private equity firms and other companies.
Investors
Four Springs Capital Trust announces acquisition of property
Four Springs Capital Trust announced today a completed acquisition of a 19,530 square foot property in Michigan.
Fitch: Emerging catalysts can prompt US bank M&A activity
Fitch Ratings reported that the start of catalysts emerging in the market could rush forward an increase in the US banking sector’s M&A activities.
Sprint Nextel-Softbank merger complete
Nextel and Softbank announced the completion of their merger Nextel Corporation and SoftBank Corp. announced the completion of their merger. SoftBank invested approximately US$21.
Smithfield CEO grilled over Chinese acquisition of US agribusiness
C. Larry Pope said takeover by the Chinese would not change anything. Smithfield Foods Inc. Chief Executive Officer C. Larry Pope has answered to lawmakers suspicious of the proposed acquisition of Smithfield Foods Inc.
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LGI Homes announced that they have submitted a draft registration statement at the SEC for possible IPO
Biomass Secure Power Inc entered an exclusive negotiation agreement with the Natchitoches Parish Port Commission
The Association of British Insurers lobbied for stronger controls in UK's corporate governance system.
INTL FCStone announced that they are cancelling plans to buy Cleartrade INTL FCStone Inc, a U. S. commodities brokerage announced that it has dropped plans to buy an online commodities exchange in Asia.
Ceasars rose 13% due to web-based gambling optimism. The largest owner of U. S. casinos, Caesars Entertainment Corp. , increased its value by 13% after implementing its plans to provide stocks worth around US$1.
US retailers created a plan to put up a fund worth more than US$40 million for Bangladesh factories.
Last quarter extended the losing streak of PC deliveries, making it the longest recorded . Personal-computer deliveries have slipped for a fifth straight quarter, the lengthiest losing streak documented, as customers continue to prefer touch-screen smartphones and tables for getting online.
Macquarie announced that they were able to finally close the deal with NG Groep NV Australia's Macquarie Group closed the deal with Dutch financial services firm ING Groep NV in South Korea.
The People's Bank of China has released notice to require banks and companies to use the yuan in their international transactions.
