SAC Capital grows strong amidst market selloff, U.S. probe

Billionaire Steven A. Cohen's hedge fund firm posted a 1.5% even if it was under US investigation and on the verge of market selloff.


Avon Agrees To Sell Silpada to Rhinestone for $85 Million

Avon agreed to sells its Silpada Jewelry Unit to Rhinestone for $85 Million (Photo : Reuters)Avon agrees to sell Silpada Unit to Rhinestone Avon Products Inc.

Ballmer: Structure Revamp For Microsoft

Steve Ballmer, CEO of Microsoft is doing a structural revamp for Microsoft (Photo : Reuters)Steve Ballmer, Microsoft to undergo structural revamp Steve Ballmer, CEO of Microsoft is considering a structural reorganization that would place Tony Bates, Skype President, in charge of the acquisitions and relations that Microsoft has with other developers.

Shoal Point Changes CEO, CFO, and Directors

Shoal Point announced the appointment of its new CEO and CFO as well as its newly elected directors.


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Quartzy receives US$4 million from its seed money. The free lab platform Quartzy recently announced that it was able to raise US$4 million in Series A financing.
Chile allowed the state-owned miner, Codelco, to retain its US$1 billion profit for its new undertakings.
Deutsche Annington postponed its initial public offering stating that the demand of investors in the market weakened more than expected.
Nasdaq asked a judge to dismiss lawsuits filed by investors and argued that it is a self regulatory organization and could not be sued for actions taken as a part of its regulatory responsibilities.
Grandpoint bank signs agreement to acquire Gilmore Bank (Photo : Reuters)Grandpoint Banks signs agreement to acquire Gilmore Bank Grandpoint Bank made the announcement today that they entered an agreement to acquire Gilmore Bank.
Deutsche Annington cancelled their July 3 market debut. (Photo : Reuters)Deutsche Annington, Germany's largest residential real estate company cancelled its market offering for July 3.
NGL Energy Partners LP announced today its completed acquisition of assets from Big Lake, a limited partnership in Texas.
Encore Capital purchases majority shareholdings in Janus Holdings, an indirect holdings company of Cabot Credit Management.
Suntory Beverage & Food rose as much as 2.9% in its Tokyo trading debut. (Photo : Reuters)The image shows workers at the Tokyo Stock Exchange. After raising almost US$4 billion in Asia's biggest public offering this year, Suntory Beverage & Food Ltd rose as much as 2.
Thomson Reuters Corp would buy Tradeweb Markets' foreign exchange option business for an amount they did not disclose.