Pandora chief executive Brian McAndrews's first and the most difficult task would be to renegotiate royalty fee payments to the music industry in order to lift the struggling company's finances.

As risk is shunned by regular banks, Melody Capital Partners takes on risk to expand its business. After the announcement by UBS AG of its closure of its fixed-income trading business last OCtober, three executives of the bank had opened up shop to trade in areas where bigger banks have since refused to tread.

In an interview with CNBC, Carl Icahn confirmed his firm's large purchase of Apple stock as it fell due to consumer disinterest in new iPhone models.

The acquisition of IT firm Amor Group was recently announced by Lockheed Martin Group for an undisclosed amount.

Former ESPN President and former Microsoft CEO are amongst the new appointees to the SiriusXM board of directors.

Marcato Capital Management's hedge fund manager Mick McGuire had been thinking about how auction house Sotheby's could benefit shareholders in his company.

For USD200 million, TradeWeb would be acquiring BondDesk. Tradeweb, the fixed income trading platform provider is deep in discussion for the buyout of BondDesk Group LLC.

The rates for the loans engaged by Verizon Communications to pay off the 45% Vodafone ownership in the Wireless venture was recently released.

World Point Terminals announced today that the underwriters for its recently closed IPO had exercised their underwriting options to purchase additional 1,312,500 common stock.

Facebook Inc. stock had reached another milestone following a rocky debut on Wall Street last year. On Wednesday, the shares of social media giant Facebook Inc.