Twitter is close to securing as much as $100 million of new capital from mutual fund giant T. Rowe Price, private equity firm Insight Venture Partners and five other investors, the Wall Street Journal reported on Thursday.
Twitter is close to securing as much as $100 million of new funding from up to seven investors in a deal that values the fast-growing microblogging site at about $1 billion, the Wall Street Journal reported on Thursday.
Metallurgical Corp of China (MCC), a building and engineering firm that raised $2.3 billion in Hong Kong's biggest IPO this year, fell on its debut as investors, tiring from an IPO deluge, judged the stock was too pricey given an uncertain outlook for China's steel industry.
Shares of Julius Baer Holding AG's U.S. asset management arm Artio Global Investors Inc jumped 6.7 percent in their debut following the company's initial public offering that raised more money than expected.
U.S. stocks fell on Thursday as a surprise decline in existing home sales suggested an economic recovery would be slow, even as initial jobless claims dropped.
U.S. venture capitalists have had to contend with an IPO market that has been inhospitable -- but finally there are reasons to be optimistic a recovery could be around the corner.
Prolonged consolidation on GBP/USD, a daily chart of which is shown, has assumed a substantially more bearish bias than the euro against the dollar. This can be seen in the significant jump that the key EUR/GBP cross has made as of Thursday (9/24/2009).
December Coffee should be reaching its exhaustion point as well as the down trend line, we recently pulled out of our call spread and feel that we should reverse at this level.
Citigroup Inc , the bank bailed out with $45 billion by the U.S. government, plans to cut down its U.S. branch network to six big metropolitan areas, the Wall Street Journal said on Wednesday on its website, citing people familiar with the situation.
Julius Baer's U.S. asset management arm Artio Global Investors Inc is set to price its U.S. initial public offering after Wall Street closes on Wednesday in what is likely to be a test of investors' appetite for new financial issues.
Toyota Motor Corp will sell its brokerage unit to Tokai Tokyo Financial Holdings Inc as part of efforts to consolidate resources into automobile operations, the Nikkei business daily reported.
Russia's richest man, Mikhail Prokhorov, reached a deal to buy control of the New Jersey Nets basketball team, as well as fund the development of a real estate project in Brooklyn, New York.
The U.S. credit card charge-off rate rose to a record high in August, as more Americans lost their jobs, Moody's Investors Service said on Wednesday, in another sign consumers remain under stress.
Ford Motor Co's Canadian subsidiary faces a $1.8 billion shortfall in its pension plan, the Globe and Mail said, citing a company letter to employees and retirees.
Goldman Sachs' (GS.N) $334 million investment in Geely Automobile Holdings (0175.HK) will boost the Chinese automaker's global ambitions, including a potential bid by its parent for Ford's (F.N) Volvo brand.
Julius Baer's U.S. asset management arm Artio Global Investors Inc is set to price its U.S. initial public offering after Wall Street closes on Wednesday in what is likely to be a test of investors' appetite for new financial issues.
The U.S. credit card charge-off rate rose to a record high in August, as more Americans lost their jobs, Moody's Investors Service said on Wednesday, in another sign consumers remain under stress.
Two mortgage real estate investment trusts halved their planned initial public offerings on Wednesday, casting a shadow on upcoming IPOs in the sector.
Two real estate investment trusts lowered the number of shares they expect to sell in initial public offerings on Wednesday to raise only half as much as they had been expected to.
U.S. fund manager BlackRock gained European Union regulatory approval on Wednesday for its acquisition of a Barclays investment unit for $13.5 billion in cash and shares.
While Asia's economy has recovered from the lows hit a year ago, a bumpy road is ahead, with companies needing to shed debt burdens and increase capital bases, according to Nomura's Asia Pacific investment banking head.
A JPMorgan Chase & Co vehicle on Wednesday increased its cash offer for London-listed carbon offset aggregator EcoSecurities, garnering further support from shareholders.
