Pimco Total Return Fund of Bill Gross recorded US$9.9 billion withdrawals due to Federal Reserve's scaling back of its own purchases.
North America
Cengage Learning files for bankruptcy protection due to US$5.8B current debt
Cengage Learning filed for bankruptcy protection under chapter 11 due to its US$5.8 billion debt. (Photo : )The photo demonstrates Cengage Learning's logo.
Video Companies Raise Funds Through IPOs
Video companies, such as YuMe and Justin.tv, raise funds through IPOs. Several video companies, including YuMe and Justin. tv, raised funds via initial public offerings (IPOs).
Joint Partnership For LCS and CareSouth Announced
LCS and CareSouth Announced their plans for a joint venture. (Photo : Reuters)Joint Venture For CareSouth and LCS announced. LCS, the leader in senior lifestyle care and CareSouth, the leading regional provider for home health services, announced their joint venture, Health at Home.
Apollo sends UniTek a commitment letter worth US$75 million
UniTek Global Services, Inc. received a commitment letter for US$75 million asset-based revolving credit facility.
Latest News
Huntsman Corp. continues to expand with its latest consideration, Rockwood's titanium unit. (Photo : Reuters)A woman cycles past the logo of Huntsman Corp.
Walt Disney Co buys the right for four Viacom owned Marvel movies (Photo : Reuters)The image is the main gate into the Walt Disney Co corporate headquarters.
Softbank Inc's bid for Sprint won the approval of the FCC. (Photo : Reuters)Softbank Corp won the approval of the FCC for its bid for Sprint Softbank's bid for mobile service provider Sprint Nextel Corp won the support that it needs from the Federal Communications Commission.
ERF Wireless, Inc. would receive US$1.5 million of debt financing under a new US$8.0 million revolving credit facility
Billionaire Steven A. Cohen's hedge fund firm posted a 1.5% even if it was under US investigation and on the verge of market selloff.
Avon agreed to sells its Silpada Jewelry Unit to Rhinestone for $85 Million (Photo : Reuters)Avon agrees to sell Silpada Unit to Rhinestone Avon Products Inc.
Steve Ballmer, CEO of Microsoft is doing a structural revamp for Microsoft (Photo : Reuters)Steve Ballmer, Microsoft to undergo structural revamp Steve Ballmer, CEO of Microsoft is considering a structural reorganization that would place Tony Bates, Skype President, in charge of the acquisitions and relations that Microsoft has with other developers.
Shoal Point announced the appointment of its new CEO and CFO as well as its newly elected directors.
Mimvi acquired Adaptive Media, an audience and content monetization firm. (Photo : Reuters)This is the logo of Adaptive Media, Inc. , a an audience and content monetization company recently acquired by Mimvi, Inc.
