Tiger Woods and the rest of the members of the US team led by one point over the International team on the first day of the Presidents Cup.
Sectors
Sotheby's adopt "poison pill" after stake increase from Loeb
Sotheby's would adopt its shareholders right plan after Daniel Loeb's Third Point hedge fund planned to increase its stake in the company and pushed to shakeup the company's management team, said a Reuters report.
Facebook debut memories haunt Twitter IPO
According to a report from Reuters, the memories of Facebook's IPO had cloud up Twitter's debut which had dampened enthusiasm for the shares of the social networking platform.
Ireland's National Asset Management Authority is selling off real estate loans
The Irish NAFA had prepared the way to sell off shares. The National Asset Management Agency of Ireland is in the process of preparing the sale of EUR300 million or USD408 million worth of Irish real estate loans.
Lloyds Dublin portfolio attracts many investors
Lloyds Banking Dublin portfolio creates buzz for investors. A number of US investment companies such as Apollo Global Management LLC, Goldman Sachs Group Inc and Lone Star Funds have forwarded their bids for 25 properties located in Dublin to be sold off by Lloyds Banking Group.
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The merger of Etihad Airways and Jet Airways passed finance regulatory authority review and now would go to the antitrust regulatory authority.
MongoDB announced that it was able to score USD 150 million in financing from various investors. Data management firm MongoDB said it was able to raise USD 150 million in capital commitments from its latest financing round.
The Washington Business Journal said Gannett Co Inc was able to raise USD1.25 billion in debt offering to fund its USD2.2 billion acquisition of Belo Corp.
Twitter, with its more than million followers, would grow in the future avoiding Facebook's pitfalls.
Reliance Capital Asset Management Ltd performed better this year compared to last year, mainly due to increased advertising revenues.
Three US investment companies reportedly placed bids for the Irish properties of Lloyds Bank. Sources told Bloomberg that Lone Star Funds, Apollo Global Management and Goldman Sachs Group Inc had placed bids for the Irish properties that were put up for sale by Lloyds Banking Group.
Strathspey Crown acquired Evolus, giving its subsidiary Alphaeon Corporation the exclusive license to market the neurotoxin developed by Daewoon Pharmaceutical.
Treasurer for Australia Joseph Hockey extended the time frame for Australian regulators including himself to decide whether the acquisition of GrainCorp Ltd by Archer Daniels Midland Co would go against the national interest.
The American Association of Physicians of Indian Origin and the American Heart Association Liaison Committee join in a programme on stroke and heart attack education in the US and in India.
