Eric Adler was promoted CEO of Prudential Financial Inc, the second largest life insurer in the United States, replacing former CEO Allen Smith.
North America
Schiano joins Kinetic Social as new vice president
Former Eye Corp. vice president Michelle Schiano joined Kinetic Social's management team. Mobile advertisement technology specialist Kinetic Social announced Thursday that Michelle Schiano was appointed as the new executive vice president of marketing.
Verizon Ventures invests US$1.5 mln in mobile ad technology leader RUN
Verizon Communications' investment arm provided advertisement firm RUN with US$1.5 million in capital.
Four Seasons names new CEO after five-month search
Allen Smith was named new CEO for Four Seasons Hotels and Resorts, succeeding former CEO Kathleen Taylor.
Pritok Capital closes US$7.2 mln loan from Oxford Finance
Oxford Finance approved the US$7.2 million loan proposed by Nursing facilities investor Pritok Capital.
Latest News
Corner Bakery Cafe promoted Gregg Koffler to vice president of franchise sales. Restaurant chain Corner Bakery Cafe announced the promotion of Gregg Koffler to vice president of franchise sales earlier today.
Chicago-based RCP Advisors gained US$425 million additional funding for its Secondary Opportunity Fund II.
Today, KKR & Co LP announced raising USD305 million excluding underwriters' option, from its first listed closed-end fund, KKR Income Opportunities listed on the New York Stock Exchange.
Cincinnati-based investment firm CincyTech gained US$10.9 million in additional capital from Ohio Third Frontier and Southwest Ohio partners.
According to analysts, the feature phone boosted Facebook's attempt to penetrate the mobile market.
Facebook's shares reached record highs due to mobile ad revenue. Shares of the social networking giant skyrocketed back to their pre-listing level for the first time since its initial public offering.
Samsung devices satisfy customers more than the iPhone, according to ACSI. The American Customer Satisfaction Index (ACSI) recently released the results of its smartphone customer satisfaction survey for the year.
The new Moto X from Google's Motorola posed a potential threat to the Apple-Samsung duopoly in the smartphone market.
Accenture Credit announced it has finalized the acquisition of Mortgage Cadence but financial details were not disclosed.
