Bets on gold increase from hedge funds, Goldman looks at decline

Many hedge funds raised their bets on the increase of gold prices, yet Goldman Sachs Group expected a reverse on the gold rally to occur.


New and existing investors inject more life to therapeutics company aTyr Pharma

aTyr Pharma secured US $49 million equity financing from new and existing investors. California-based aTyr Pharma said it closed US $49 million in equity financing, which will be used to finance clinical trials to address rare autoimmune diseases.

Telegraph Hill Partners raises USD 310 million for THP III

Telegraph Hill Partners raised USD 310 million in capital commitments for their new fund. Telegraph Hill Partners (THP) garnered capital commitments worth USD 310 million to finance the THP III.

Finance sector set to overtake tech industry as JPMorgan beats Microsoft

The financial industry is close to overtaking the tech industry according to the latest quarter reports, analysts said.


Latest News

Today, Independence Realty Trust Inc has announced commencing a public offering of its 4,000,000 shares of common stock listed on the New York Stock Exchange.
Rockwood Holdings Inc. sells its Clay-Based Additives to ALTANA for US $635 million. Rockwood Holdings Inc. agreed to part with its Clay-Based Additives operations in favor of the ALTANA Group for US $635 million.
Washington's Papa Murphy is in the process of selecting banks to lead the company's initial public offering set later this year.
Hudson's Bay Co said last Monday that they would acquire Saks Inc. for US$16 per share piece in cash including debt.
California-based GridGain Systems gets US $10 million in series B funding from Almaz Capital. GridGain Systems acquired US $10 million from a series B venture funding led by global venture capital firm Almaz Capital.
Lenovo PCs proved to be risky for intelligence and security networks across the world, reports said.
Marlin Equity Partners infused SigmaCare with fresh equity funding. Marlin Equity Partners recently backed SigmaCare with fresh equity funding. No financial details were disclosed, but SigmaCare CEO Steve Pacicco said the funds will be used for expansion.
Two distinct reports from the IDC and Strategy Analytics suggested smaller firms absorbing the top two companies' market share.
Ilya Segalovich died of stomach cancer, according to business partner Arkady Volozh. The man responsible for setting up Russia's largest search engine website died today after losing a long battle with cancer.
Darwin Private Equity bought Esendex for GBP 11 million (USD 16.9 million). Darwin Private Equity acquired Esendex for GBP 11 million (USD 16. 9 million).