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Sectors
BlackBerry Interim CEO promises turnaround for firm
BlackBerry Interim CEO John Chen stressed his experience to be able to turn around the firm. in light of the pull out of Fairfax Financial Holdings and the removal of their CEO, BlackBerry did damage control in appointing John Chen as its interim CEO and executive chairman.
Twitter ups share price range to between USD23 and USD25 per share
Twitter reprices its IPO shares to USD23 and USD25 per share, pegging the volume price at USD1.75 billion.
Warburg Pincus dealmaker Kewsong Lee is now Carlyle's Deputy Chief Investment Officer
Carlyle Group hired weteran buyout Warburg Pincus executive Kewsong Lee to be its Deputy Chief Investment Officer.
Financial advisers make use of social media for business
Social media is utilized by financial advisers to connect with managers and prospective clients. In a report by Zurich Financial Services Australia, the number of financial advisers using social media has increased.
Latest News
HSBC experienced another rise in shares at the Hong Kong stock trading. Europe's largest bank in terms of market value, HSBC Holdings PLC (HSBA), stocks rose on its sixth week in the Hong Kong stock trading.
Environment-friendly home furnishing company Bambeco Inc gathered USD 4.5 million in its first institutional fundraising round.
Following the strong demand, Twitter raised its IPO price from USD23 to USD25. The social networking site has felt more optimistic than ever about its IPO for potential investor's reports The New York Time's the Deal Book.
GE Ventures entered the crowdfunding arena by partnering with the OurCrowd platform. GE Ventures embraced crowdfunding today by partnering with OurCrowd, an Israeli crowdfunding platform.
Following the exit of BlackBerry's CEO, the company's shares dropped to 16%. On Monday, BlackBerry Ltd had abandoned plans to sell and its CEO had stepped down.
Canada-based private equity firm Lynx Equity bought lighting fixtures maker Valuelight Limited. Lynx Equity announced its purchase of Valuelight Limited.
RallyPoint was able to get USD 5 million in capital commitments from DBL Investors for its Series A round.
Smartphone pioneer BlackBerry dropped its plans for a buyer search and fired its CEO Thornsted Heins.
A poll taken by AP-CNBC showed that almost half of active investors think that Twitter is a bad buy.
