Hedge fund billionaire Carl Icahn told Reuters he thinks Apple must trade at USD700 per share since the current price at USD489.57 each is too cheap for the company.
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Eike Batista sells LLX Logistica sale to EIG Global Energy Partners, raises money for superport completion
Eike Batista sold his shares in LLX Logistica to EIG Global Energy Partners for USD 562 million. Brazilian businessman Eike Batista ceded control of LLX Logística to EIG Global Energy Partners.
Ex-JP Morgan employees indicted in USD6 billion trading loss
Two traders formerly employed by JP Morgan were charged by federal prosecutors relating to the bank's USD6.2 billion loss in the derivatives trade.
Abhay Pande is American Capital Energy & Infrastructure's Managing Director
American Capital Energy & Infrastructure appointed Abhay Pande as its new Managing Director to help the firm build its Asian platform.
Barclays director-less on GBP6bn cash call
Barclays Finance Director Chris Lucas left his post due to health reasons as the multinational bank preps for their GBP6 billion cash call.
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Marco Argenti, head of developer relations in Nokia, announced that he left Nokia for a job at Amazon's Web Service Business.
Sheryl Sandberg sold around USD91 million worth of shares in the social networking site after Facebook topped its initial public offering price for the first time since May last year.
Evercore Wealth Management announced that Jewelle Bickford will be their new Partner and Wealth Advisor.
Elon Musk recently announced a radical transport system on solar energy that will reduce travel time from San Francisco to Los Angeles to 30 minutes.
Bill Ackman, the largest shareholder of J.C. Penney, have taken the offensive by airing out damaging statements against the company. In response, the board is discussing a possible retaliation.
Italy's tax police determined that around $333.8 million of Salvatore Ligresti', his daughters' and the company executives' assets will have to be seized.
HTC Corp was said to have paid USD 10 million to Robert Downey Jr to endorse the brand in a TV commercial.
In an editorial on the Daily Telegraph, Prime Minister David Cameron gave his backing for hydraulic fracturing.
The latest winner of the Powerball jackpot face great financial issues in the future. One of the largest prizes for a Powerball lottery was won by a group of New Jersey employees.
