Another of JPMorgan's senior officials resigned from their post. JP Morgan Chase & Co securities and industry banker William Cruger resigned from the firm according to a reliable source.

PTAH Holdings announced talks for acquisition of Midwest based trailer leasing company. PTA Holdings Inc announced a plan to purchase an undisclosed trailer leasing company that is based in the Midwest.

Billionaire Carlos Slim's company America Movil said that it had gotten funds to finance the acquisition of KPN's German unit.

On Wednesday, JustFab and ShoeDazzle announced merger in an effort to make a bigger and faster growing online retail company.

Today, Unite US said that it had raised USD2 million in seed funding and plans to launch publicly this fall.

Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.

Hewlett-Packard CEO Meg Whitman appointed several new people on board the computer manufacturer as further deterioration of HP's PC division dissatisfied investors.

Cantera Energy completed its acquisition of South Texas assets from EP Energy. Cantera Energy completed its acquisition of assets from EP Energy Wednesday for an undisclosed amount.

Goldman Sachs made an options malfunction yesterday that signaled perils of electronic markets still remain despite efforts to make electronic conditions better.

Sale of existing homes in the United States increased in the month of July, suggesting housing market recovery.