Tourre’s defense leads to trial loss

Goldman Sachs ex-trader Fabrice Tourre was found guilty by a Manhattan jury in his role in the subprime mortgage-back deal known as Abacus in 2007.


ValueClick misses Wall Street's expectations, shares plunge by 17%

ValueClick's shares plunged by 17% after the corporation missed the expectations of Wall Street.

Actuant announces acquisition deal for Viking SeaTech

Today, Actuant Corporation announced signing a deal to acquire Viking SeaTech for USD90 million. Actuant Corporation was established in 1910 and operates as a diversified industrial company with businesses in more than thirty countries.

Yes Bank on the lookout for US$250 million refinancing

Yes Bank Ltd announced that they are in the market to secure a US$250 million refinancing deal for the company's loans.


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Immofinanz announced that they are currently looking into the acquisition of more than 900 homes located in the northern part of Germany.
The federal and state regulators proposed remedies for Apple Inc's e-book price-fixing. On Friday, the US Department of Justice and 33 US states said that Apple Inc deserved a five-year ban from participating in anti-competitive e-book distribution deals.
Kabe Exploration announced today that it will invest in its joint venture partner International Equity Partners Oil and Gas Inc.
Pret A Manger, with the help of private equity firm Bridgepoint, acquires GBP375 million from debt recapitalization.
Indian Angel Network invested in IndiaCollegeSearch, an online search engine dedicated for Indian educational institutions.
Minority shareholders of Fisher Communications said that the USD 373 million offer by Sinclair Broadcast Group to buy their television group undervalued its worth.
Viacom doubled up its stock buyback program to US$20 billion which resulted in a surge in the company's shares.
Cereal distributor Post Holdings Inc. agreed to buy Premier Nutrition Corporation for US$180 million in cash.
Starwood Capital Group clinched the sale of Liberty Center for USD 135 million from Forest City Enterprises and Jos Muscarelle.
HootSuite gained US$165 worth of Series B funds from several investors today. HootSuite, an application catering to Twitter users, announced today that it has gained more funds worth US$165 million for its Series B fundraiser.