North America
Mattera Gets 11 Years for Facebook and Groupon Scam
John Mattera, former hedge fund manager of Praetorian Global Fund Ltd. was sentenced 11 years of imprisonment after pleading guilty to Facebook and Groupon scam.
LifePoint Acquires Bell Hospital
Bell Hospital's directors announced today that it has signed an agreement to be acquired by LifePoint Hospitals.
Morgan Stanley Gets Approval to Acquire Remaining Stake
According to Morgan Stanley, it has received a clearance notice to acquire the remaining 35% stake in its joint wealth management firm.
Energy firms cut back on far flung oil field stakes
Hess Corp and Newfield Exploration to do auctions of oil and gas assets located overseas. (Photo : Reuters)A customer pumps gas at a Hess station. American energy firms Hess Corp and Newfield Exploration have undertaken separate auctions in order to sell off parts of their oil and gas field stakes.