Sectors

Healthcare private equity firm BelHealth Investment Partners has formed General Genetics Corporation.

Auxogyn Inc said that they will be working with the Valencia Infertility Institute through a partnership agreement.

China may ease up on its monetary policies soon, says watchers. The eyes of economists keen on Asian markets are now focusing intently on what China is going to do next after the government earlier announced fiscal stimulus measures to fire up its weakened economy.

According to William Hill, they were paying out a six-figure sum for George Alexander Louis. William Hill, a leading bookmaker, said "We are paying out a six figure sum to winning punters but the Royal Baby betting has been so popular that we have enough to get in a bottle of bubbly to wet the baby's head tonight.

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

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

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%.

Cellular Dynamics International, Inc. released the pricing details for their 3,846,000 shares public offering.

Prolexic Technologies stated that it had secured US$30 million in its Series C funding round from new investors.

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.