KB Home set to offer bonds as well as notes issued to assist its plan to retire soon to be maturing debt.
North America
Alibaba investment by Yahoo more valuable after IPO
Yahoo, which owns 24% of ecommerce giant Alibaba, reaps revenues prior to the IPO. Yahoo's investment in Chinese e-commerce firm Alibaba Group Holding Ltd was sufficient to keep Wall Street happy despite the continued struggle in the third quarter for advertising revenues, The shares of Yahoo increased by 1% to USD33.
JP Morgan and CFTC reach settlement accord
To address wrongdoing in the 'London Whale' scandal, JP Morgan enters into a settlement agreement with the CFTC.
Fitch may downgrade US rating due to political brinkmanship
Fitch is allowing itself until the first quarter of 2014 to determine if US credit rating needs to be downgraded.
Insider trading jury of Mark Cuban to deliberate on case
Jury deliberations on the insider trading case against Mark Cuban started Wednesday. The jury had begun deliberations for the insider trading case of NBA Dallas Mavericks owner Mark Cuban.
Latest News
A number of prominent institutional investors and proxy advisory firms have supported a resolution calling for a split of CEO-Chairman duties at 21st Century Fox.
SundaySky, a smart video ad company, raised USD20 million in its Series C financing round led by Comcast Ventures.
Three NYSE Euronext executives, including Chief Financial Officer Michael Geltzeiler, would be leaving the exchange after the conclusion of its sale to IntercontinentalExchange Inc (ICE).
Albion Ventures, the largest venture capitalist in the UK completed the investment in Cisiv Ltd. Albion Ventures recently completed the acquisition of Cisiv Ltd.
Siemens AG's talks with equity group AEA Investors were at the advance stage regarding the German company's sale of its water technologies business.
immatics raises EUR34 million in its latest Series D round financing. Clinical stage biopharmaceutical firm immatics biotechnologies GmbH had developed advanced a multi-peptide vaccine program providing active medication against cancer.
Anatrace was recently acquired by StoneCalibre to expand its portfolio of detergents and lipids for the marketplace.
No financial details were provided in the acquisition of Applied Products Inc or Retrax by Kinderhook's Tectum Holdings LLC.
Secured lenders at Texas Competitive Electric Holdings and unsecured bondholders at Energy Future Intermediate Holdings (EFIH) were in a deadlock about their confidentiality agreements due to Energy Future Holdings' USD250 bond debt payments due on November 1.
