IVC Staff Reporter

Marks and Spencer sales drop to 1.3%

The UK clothing retailer has yet released new clothing collection for women causing a drop in sales.

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Lululemon suffer a drop in shares after customers complain about yoga pants

Following customer complaints on Groove and Wunder Under yoga pants, Canadian clothing company Lululemon’s shares drop to USD67.85.

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US Attorney general confirms settlement talks with US Airways and American Airlines on merger

US Attorney General Eric Holder said his comments that confirmed talks of a settlement between American Airlines and the US Airways regarding the airline's planned merger.

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Men’s Wearhouse rejects view request on books by Jos. A. Bank Clothiers

Clothing retailer Men’s Wearhouse refused the request of Jos. A. Bank Clothiers to check the former's books in lieu of the latter's buyout bid.

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Garantia Data changes name to RedisDB – acquires USD9 million in funds

Garantia Data had renamed itself to RedisDB, following a USD9 million investment round.

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Supercell Oyj agrees to USD1.53 billion buyout by SoftBank for “Clash of Clans”

Supercell Oyj and SoftBank had agreed on a USD1.53 billion deal in the hopes of gaining a significant market share in mobile gaming

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Dropbox acquires Sold for USD1.2 million

After seven months since its launch, Sold announced it had been purchased by Dropbox for USD1.2 million.

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Texas Instruments and 7-Eleven executives speak up on corporate venture capital

Dallas-based TI and 7-Eleven executives attended a forum in the Southern Methodist University where corporate venture capital was discussed.

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Protest continue in Thailand - top equity fund manager continues to sell stocks

Top equity fund manager in Thailand reduced domestic shares holdings and sold off stocks while protests against government amnesty bill continued.

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Financial advisers make use of social media for business

Social media is utilized by financial advisers to connect with managers and prospective clients.

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SAC pleads guilty – pays USD1.2 billion in penalty

SAC Capital pleaded guilty to five counts of criminal charges amounting to USD1.2 billion in penalty.

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HSBC shares rises on its sixth week at Hong Kong stock trading

HSBC experienced another rise in shares at the Hong Kong stock trading.

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Twitter raises IPO price range after strong demands

Following the strong demand, Twitter raised its IPO price from USD23 to USD25.

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BlackBerry CEO drops out - shares drop

Following the exit of BlackBerry's CEO, the company's shares dropped to 16%.

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Federal Reserve scales down asset purchases

In response to developments in US economy, Fed officials scaled back asset purchases.

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