Felony charges were filed against David Riley and Matthew Teeple for insider trading. A former executive at Foundry Networks Inc was charged with insider trading after tipping a California hedge fund analyst of the company's acquisition plans.
North America
American Realty Raises Bid Offer Amount for Cole Credit
American Realty said it has decided to increase its bid offer for Cole Credit Property Trust III after the latter's rejection of the first offer.
EADS Pledges Planned BuyBack Won't Hurt Future Growth
EADS plans to prevent the planned buyback that is hampering its future growth and capital spending. European aerospace group EADS has made a pledge that it will prevent a supposed share buyback hurting capital spending, dividends and future growth as its shareholders planned to make a vote on proposals to purchase again up to 15% of the company stock.
Canadian Gov't Urges Investors to Wireless Industry
Canadian Industry Minister calls out foreign capitalists to invest in the country's wireless industry.
Ericsson in Deal to Buy Microsoft's IPTV Business
Ericsson is making a deal to acquire the IPTV business of Microsoft in a bid to offer services to phone companies.
Latest News
CBS and Lionsgate form a joint venture to acquire cable company TVGN and its website TVGuide.com. Lionsgate and CBS Corp have teamed up to operate the cable network TVGN and its website TVGuide.
Protective Life is the leading buyer for assets of AXA Life amounting to US$1.5 billion. American insurer Protective Life Insurance is the frontrunner in the purchase of picking up AXA SA's life insurance assets.
With the warrants it holds, Warren Buffett can become the largest shareholder of Goldman Sachs. Berkshire Hathaway passed on a golden opportunity to become the largest shareholder in Goldman Sachs Group Inc.
The world's largest chipmaker is finalizing terms with media outlets as to a new pay per tv service.
Warren Buffet, an American businessman, will become one of the ten largest shareholders in Goldman following a deal he signed with the bank to exchange his profits on warrants for stock.
Great Britain's search and rescue helicopter services will be sold to United States-based Bristow Group for 1.6 billion pounds.
Armada Hoffler Properties Inc. is planning to raise $201.3 million from IPO as it hopes to become an REIT.
Armada Hoffler Properties has filed documentation to lead the way to an IPO. Armada Hoffler Properties Inc, the US real estate company, has filed with regulators to raise nearly US$201.
After so many years, the two major firms namely Roland Berger and Deloitte have been talking merger.
