Yahoo has invited press to an event, rumors saying it is the announcement of the acquisition of Tumblr.
Sectors
Tata Sons Pulls IPO of its telecommunications unit
Tata Sons pulls IPO of its telecommunications unit citing lack of sufficient demand. The promoter of Tata Teleservices (Maharashtra) Ltd, Tata Sons Ltd of India, had announced the cancellation of a share auction it had launched for the telecommunications firm.
Grupo Hevi explores sale options
Grupo Hevi, one of the largest cable television operators in Mexico, is exploring sale possibilities through the engagement of Barclays Plc.
Sicat Sees Further Growth in Philippine Bourse
Hans Sicat gets third term and promises new investment vehicles for the Philippine bourse in the coming year.
Einhorn is now a verb not just a noun
Being Einhorned is a new term in financial circles. Very few hedge fund managers receive as much hype and attention as David Einhorn would get with just a simple interview.
Latest News
Univar purchases Quimicompuestos. The world renowned distributor of chemistry and related services, Univar Inc. , disclosed that it had concluded the purchase of the leading supplier of commodity chemicals in Mexico, Quimicompuestos.
Tableau IPO to raise US$254.2 million. In an announcement today by Tableau Software Inc. , it disclosed that the price of its 8,200,000 shares of its Class A common stocks tendered at its initial public offering is at US$31.
Caterpillar ends impasse with Mining Machinery for a lower price on purchase. The outstanding issues between Caterpillar Inc and Mining Machinery Ltd of China have been settled.
GM's current share values surpass the pegged price for its IPO back in November 2010. In an announcement, Detroit car giant General Motors Co said that its current share values have surpassed their 2010 IPO prices.
Altron offers to purchase all the shares it does not already own in Allied Technologies. Allied Electronics, a major player in the South African consumerelectronics market, has formally offered to purchase all the share capital in Allied Technologies Limited that it does not already have in its portfolio.
Summit Midsteam announced the operation of the Polar System at the North Dakota project. Summit Midstream Partners, LLC announced today that the operations of the Polar Crude Oil and Water Gathering System ("Polar System") in the Bakken Shale Play in Williams County, North Dakota have commenced near full capacity.
Tesla increases offers for debt and equity sales after strong investor interest seen. In a cavalier move reminiscent of the personality of its chairman Elon Musk, Tesla Motors has increased its debt and equity offers to capitalize on the increasing appetite of investors for high yield investments.
Syniverse and Mach agrees to conditions set by EU regulators. Syniverse Technologies, the US telecoms services firm, is preparing for the receipt of the European Union antitrust regulatory approval for the Eur550 million or US$710.
A new syndicated loan worth US$850 million has been approved to help refinance the debts of Atlantis, the Palm.
