Qunar.com and 58.com IPO values oversubscribed

With two mainland China IPOs oversubscribed, consumer confidence indicates greater trust in new IPO shares.


Woori share values fall again

Woori Finance Holdings Co.'s share values fell by nearly 3% to KRW12,000 per share. The share values of Woori Finance Holdings dropped to its lowest levels in nearly a month.

SAC Capital Advisors to give guilty plea, pay USD 1.8 billion fine for securities fraud- report

A CNBC report said that SAC Capital Advisors would plead guilty to securities fraud charges and pay a fine of USD 1.8 billion.

Chinese companies hold up despite NQ Mobile allegations- report

Shares of Chinese technology companies remained high despite fraud allegations of NQ Mobile. A Bloomberg report said that fraud allegations hurled against NQ Mobile did not affect other Chinese companies.


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The IPO prospectus released by Nine Entertainment Co showed that the Sydney-based firm was looking to raise AUD 697.3 million for its share sale.
Lululemon answered new round of complaints about the quality of its yoga pants. Just a few months after Lululemon faced complaints about the sheerness of its yoga pants, the clothing company is again facing a new wave of complaints regarding the quality of its products.
Blackstone Group would be buying a 40% stake in Chinese shopping mall operator SCP Co. Private equity company Blackstone Group said it would be purchasing a 40% stake in SCP Co, a China-based shopping mall owner.
The background of Daniel Dienst, the recently-appointed CEO of Martha Stewart Living Omnimedia Inc, caused industry observers to speculate a sale for the home decor company.
Boming Cheng, the President of Citic Securities Co, said IPOs could resume again in China after a Chinese Communist Party meeting.
The women's and men's titles for the New York City Marathon were clinched by Kenyan runners.
Trim Tabs showed data that investors poured US$54.2 billion into equity mutual funds. Investors flooded US equity mutual funds and exchange-traded funds with $54.
Twitter fans take to Twitter to air their concerns over the Denver Nuggets mascot who fell unconscious in the pre-game festivities.
Apple's iPad Air received a low repairability rating from a repair website. In their Teardown of Apple's newly launched iPad Air, repair website iFixit gave the tablet a Repairability Score of 2.
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.