North America

GSK suspends plan to raise stake in GSK Consumer Nigeria

GlaxoSmithKline's plans to raise stakes in GSK Consumer Nigeria on hold after shareholder opposition.


RealMatch collects US$7 million in its latest venture capital financing

RealMatch stated that it has received US$7 million in its Series C venture capital financing. RealMatch announced that it had raised US$7 million in its latest venture capital financing.

Ohio received US$132 million in venture capital funds in the second quarter

A PricewaterhouseCoopers report revealed that venture capitalists invested more than US$132 million into Ohio in the second quarter of 2013.

CORRECTED: PlayOn Sports Closes USD 26M in Series D Funding

PlayOn Sports raises a total of USD 26 million in Series D Funding. (CORRECTION: Updated the previous image) Atlanta-based PlayOn! Sports, otherwise known as 2080 Media Inc, announced that it has raised Series D funds totalling USD 26 million on Monday.


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Solutions provider Symantec buys PasswordBank from Inveready. Solutions provider company Symantec recently purchased PassWordBank from Inveready, a Spanish venture capital company that specializes in early-stage investment.
Hedging should not be automatically done as this can be studied to make the position more viable in the long run.
Elastic Path Software received C$12 million worth of funding from several investors including Yaletown Venture Partners.
Baxter International wins approval of EU after divesting of CCRT. Dialysis products specialist Baxter International Inc. (BAX) earned conditional approval to purchase Sweden-based competitor Gambro AB from the European Union.
Discount and Koor shares rise to highest number in 14 months. Discount Investment Corp. (DISI) shares rose 8. 3 percent to 17. 29 shekels, resulting the highest value since May 2012.
Currency risk is based on currency fluctuations of one currency as against another. In a nutshell, currency risk is a kind of risk that stems from the changes in the valuation of currency exchanges.
CFTC releases a decision penalizing Panther Energy LLC for its illegal activities done through spoofing.
Activist hedge fund Third Point LLC decided to sell back 40 million worth of shares to Yahoo Inc. On Monday, Third Point LLC, an activist hedge fund, agreed to sell 40 million worth of shares in Yahoo back to the internet company.
Pharmaceutical giants Pfizer, AstraZeneca and Novartis are among those to propose bids for Onyx Pharmaceuticals.
Yahoo has purchased 40 million shares owned by Third Point at US$29.11 per share. Third Point LLC, the firm headed by Dan Loeb, was at the forefront in the change of Yahoo's board a couple of years back.