AlarmForce terminates Matlin as President and CEO

The Board of Directors of AlarmForce Industries has terminated Joel Matlin as its President and Chief Executive Officer.


Crossroads ties up with Fortress Investment Group

Crossroads Systems stated that it has acquired a US$10 million credit deal from Fortress Investment Group and its affiliates.

Lloyds Banking Group mulls sale of Australian assets

Sources said that Lloyds Banking Group was now considering offloading its lackluster Australian business units to other investors.

Facebook shares rides on strong mobile ads earnings

Facebook shares rose as the company continues to see strong mobile ads earnings. Facebook posted strong stock results Wednesday. The internet giant's shares rose 19%.


Latest News

Z Energy Ltd. of New Zealand said that they are planning to raise US$717 million through an initial public offering.
Former Iron Chef America participant, Kent Rathbun, will hold tequila dinner for patrons of his restaurant Abacus in celebration of National Tequila Day.
Collective stated that it had raised up to US$50 million from lenders and Cox Communications. Collective, a New York City-based advertising technology firm, announced that it had collected US$50 million in venture capital and debt.
Bullhorn announced that it has bought EASY Software Solutions, adding more width to their software programming business.
BrightSources stated that it has raised up to US$15 million in convertible promissory note offerings and equity funds.
The tequila industry expected to record sales due to National Tequila Day, a vital holiday being celebrated today.
Addvocate stated that it has gathered US$2 million in its Series A round of funding with the support of various investors.
Lone Star and other shareholders announced that they have exited Tokyo Star Bank. American private equity fund Lone Star and other shareholders announced that they have exited Tokyo Star Bank.
Graña y Montero revealed that it had raised up to US$413 million in their IPO. Graña y Montero, the biggest construction and engineering firm in Peru, announced that it had raised around US$413 million in its market debut on the New York Stock Exchange.
Google launched the second generation of Nexus 7 which was expected to surpass the success of the original version.