Vivus tells investors it is open to settlement

Vivus wanted to reach a settlement with the biggest investors for board control. Today, Vivus Inc. told investors and experts in a conference that it considered discussing a possible settlement with stockholder First Manhattan Co.


Balancing act for leverage ratio, banks shaken over the possibilities

Debates once again arise about how to strengthen banks without suppressing lending and estranging investors.

Salesforce.com acquires ExactTarget

Salesforce.com acquired ExactTarget. Salesforce. com announced Friday its acquisition of ExactTarget. ExactTarget was a cloud marketing platform used by Coca-Cola, Nike, Gap, and more than 6,000 other companies.

Glencore returns to cotton via US $150 million deal

Glencore Xstrata tries it hand in cotton exchange shares amounting to US $150 million. Glencore Xstrata Plc, a Switzerland-based multinational commodity trading and mining corporation, would be shelling out US $150 million for its bid to at least half of U.


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Plus500 planned to go public via an IPO to enhance its market presence. Plus500 decided to go public to enhance its market presence. The retail Forex broker planned to do so through offering an initial public offering.
INTL FCStone abandoned its plan to buy Cleartrade Exchange due to the newly-issued financial guidelines.
ClubCorp Holdings Inc. filed for a US$100-million IPO. ClubCorp Holdings Inc. filed for an initial public offering. According to a Securities and Exchange Commission filing dated July 12, ClubCorp Holdings aimed to raise up to US$100 million.
US Vice President Biden calls for trust between US and China while pushing for Chinese economic reforms.
NYSE Euronext said that it would take over the London interbank offered rate (Libor) from the British Bankers' Association.
The House of Representatives approves the contentious farm bill defying a veto threat from the White House.
CFTC was close to a compromise on how the regulator's rules applied to foreign corporations dealing with banks in the US.
Sci-fi flick Pacific Rim reported high numbers on its opening day, especially in Asia. Guillermo del Toro's science fiction movie 'Pacific Rim' joined the three-way race for the number one spot in this week's Hollywood blockbuster ladder.
According to Oriens, a US$30-million merger/acquisition was a future possibility. Oriens Travel & Hotel Management Corp. (OTHM) announced that the FROL Booking Engine exceeded the company's expectations.
Jack Lew, US Treasury Secretary, confirmed that Chinese regulators will be handing over documents about US listed companies based in China; a move that may dissolve disagreement about several accounting scandals.