INTL FCStone backs out of plans to buy Cleartrade

INTL FCStone announced that they are cancelling plans to buy Cleartrade INTL FCStone Inc, a U. S. commodities brokerage announced that it has dropped plans to buy an online commodities exchange in Asia.


Ceasars soars 13% on internet-based gambling spinoff

Ceasars rose 13% due to web-based gambling optimism. The largest owner of U. S. casinos, Caesars Entertainment Corp. , increased its value by 13% after implementing its plans to provide stocks worth around US$1.

US retailers create US$40 million Bangladesh Fund, criticized

US retailers created a plan to put up a fund worth more than US$40 million for Bangladesh factories.

Longest losing streak for PC shipments recorded

Last quarter extended the losing streak of PC deliveries, making it the longest recorded . Personal-computer deliveries have slipped for a fifth straight quarter, the lengthiest losing streak documented, as customers continue to prefer touch-screen smartphones and tables for getting online.


Latest News

Tivli gets financing from venture capitalists amounting to US $3.6 million. Tivli, which offers on-demand and streaming TV content to college campuses, today said it closed $6.
Saïd Business School Seed Fund invests in ACE and Onfido, both of which were established by Oxford alumni.
Boulder Brand acquires 80% of Level Life in a bid to expand as it continues product expansion. Boulder Brands, Inc. has acquired 80% of the shares of Gluco Brands LCC, which owns Level Life Foods.
The digital company gets a boost via a US $250,000 capital infusion. 7signal, maker of the Sapphire wireless LAN performance optimization solution, received a much needed boost after the US $250,000 infusion by the non-profit organization, JumpStart.
Yottaa secures US $16 million deal to finance expansion projects in Boston and Beijing. Yottaa, developer of performance automation service, announced that it raised another US $16 million in its latest financing round after the commitment of new investor, Intel Capital.
Revolutionary grocery delivery business gets US $8.5 million of series A financing to make its presence felt across the US.
The Chicago-based media company is set to spit its ventures just months after undergoing financial restructuring.
Western Digital acquired data storage solutions firm VeloBit. Western Digital Content, a digital storage provider, announced today that it bought software storage solutions provider VeloBit.
Boulder Brands secures a US $330 million credit facility that will refinance its existing secured credit facility.
AXA Private Equity acquired Unicredit's 40% stake in HISI which allowed it to own 80% of the company.