Square picks Jacqueline Reses ahead of IPO
Square has announced the appointment of Jacqueline Reses, outgoing chief development officer of Yahoo, as its head of its business financing division Square Capital. Square is in the process of going for an initial public offer (IPO).
Oct 20, 2015 2:36 AM EDT
Malaysia Property Stocks traded at 32 percent discount
Current global economy and political environtment had cause the Kuala Lumpur Stock Exchange to plunge in value. Among the worse performer is its property stocks which are currently traded at discounted price, giving big fund manager to buy more stocks.
Quindell spends £11M bid to bolster its own share price
Quindell Plc is investing heavily to jack up its own share price. It's estimated that the company has pumped in £11million so far to push up the share price on London Stock Exchange (LSE). The company has been intervening in the market to prevent steep fall of the share price, which has been tumbling for the past two years.
China dumping US debt as North America's domestic buying soars
The China's withdrawing from the US government debt is being overlooked as robust demand in the domestic market is increasing. Several US mutual funds have started buying treasuries at auction. The US investors are also increasing their buying. China is the largest foreign creditor with $1.4 trillion of US government debt.
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Nestlé future forecast slit after missing nine months sales
Nestlé yearly sales growth has fallen short of its long-term target because of weak sales in Asia. The world's biggest manufacturer of packaged foods raised concerns over its position in major apparent markets.
Oct 19, 2015 7:19 AM EDT
Deutsche Bank restructures organizational unit and executive board
Deutsche Bank AG announced it is restructuring its organization and executive committee. This is a part of the 'Bank's Strategy 020'. The move is to address the changing and growing demand of its clients.
Oct 19, 2015 6:28 AM EDT
Amazon Destinations never made it far; halted 6 months after launch
Amazon Destinations, a hotel reservation service from Amazon.com shut down 6 months after launching.
Oct 19, 2015 2:31 AM EDT
First Data prices IPO at $16 per share: Highest for 2015, Lower than expected
First Data went public at $16 per share, the biggest this year, but is lower than the expected $18 to $20 per share.
Oct 19, 2015 2:07 AM EDT
Land of rising sun warms up to investors
Mainly five reasons -- attractive valuations, corporate developments, shareholders value, corporate earnings / RoE and Abenomics program-- are making Japanese financial markets attractive for overseas investors.
Oct 19, 2015 1:58 AM EDT
Silicon Valley IPO market logging off fast
The renewed concerns about possible technology bubble burst in the wake of the IPO market in Silicon Valley is fast losing its sheen. The dwindling down of market valuations is forcing many companies to cancel their IPOs or post pone the issue dates this is affecting the US capital market.
Oct 19, 2015 1:49 AM EDT
McDonald’s at a crossroads: Will it change its real estate structure?
The world's biggest fast food chain, Mc Donald's corporation, is close to make decision on what to do with its massive US real-estate holdings.
Oct 19, 2015 12:01 AM EDT
Match Group Inc. will go public
Match Group Inc. owners of several popular dating website is planning to go public soon. The company ahd filed for its IPO under the Nasdaq Global Select Market and will be traded under that listing.
Oct 18, 2015 10:22 PM EDT
Alibaba offers to privatized another Chinese company listed on the NYSE
Alibaba offers to buy YouTube like service provider, Youku Tudou in an offers worth $3.6 billion. The offer was confirmed and agreed by the company's chairman Victor Koo but investors agreement are still needed before the acquisition can be finalized.
Oct 18, 2015 10:01 PM EDT
American Apparel paints rosy picture after bankruptcy
American Apparel company forecasts robust demand after the bankruptcy turnaround. The US-based fashion chain is predicting more profitable years to come. American Apparel is known for its controversial sexual advertisements. In a filing to the US Bankruptcy court in Wilmington, Delaware, American Apparel said it would make a turn around and will record profits in 2018
Oct 18, 2015 9:23 PM EDT
Fiat Chrysler's un-staffing plans due to proposed labor deal could eliminate Dodge Viper in 2017
Fiat Chrysler Automobiles went into a labor contract with the United Auto Workers, which includes laying off workers in its 80-person Connor Avenue Assembly plant. This will ultimately lead to the extinction of the Dodge Viper sports car, which is expected to end production in 2017.
Oct 17, 2015 10:39 PM EDT
Beyond Top Talents, Apple gives stock grants to all employees
Beyond its top ranking workers, Apple gives its stock grants called Restricted Stock Units to its rank and file employees, creating a better precedent to the technology and business industry.
Oct 17, 2015 8:30 PM EDT