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Merck to buy life sciences services major Sigma-Aldrich for $17B

Sep 23, 2014 at 20:00 | Source: VC Circle

Pharma giant Merck is acquiring NASDAQ-listed life sciences services firm Sigma-Aldrich for $17 billion, it said on Tuesday. Merck will acquire all of the outstanding shares of Sigma-Aldrich for $140 per share in cash. The agreed price represents a 3...

Alibaba Deal Pummels Yahoo Stock

Sep 23, 2014 at 10:01 | Source: Wall Street Journal

Heard on the Street columnist Miriam Gottfried explains why the post-Alibaba IPO era is likely to be a bumpy ride for Yahoo shareholders. Photo: Getty. Dan Niles bought Yahoo Inc. YHOO -5.57% Yahoo! Inc. U.S.: Nasdaq $38.65 -2.28 -5.57% Sept. 22, 201...

Comic book on Facebook COO Sheryl Sandberg to release this week

Sep 23, 2014 at 09:30 | Source: FirstPost

San Francisco: The life of billionaire Facebook executive and Lean Inauthor Sheryl Sandberg has been distilled into a 32-page comic book set for release this week.Female Force: Sheryl Sandberg will be available in print and digital versions, accordin...

TKM-Ebola treatment allowed for emergency use by US, Canada govts

Sep 23, 2014 at 08:14 | Source: FirstPost

Canadian drugmaker Tekmira Pharmaceuticals Corp said on Monday that US and Canadian regulators have authorised the use of its Ebola treatment in patients who have confirmed or suspected infections from the deadly virus.The Vancouver-based company sai...

Apple Sells More Than 10 Million New iPhones on First Weekend

Sep 22, 2014 at 20:01 | Source: Wall Street Journal

Andreas Gibson celebrates with employees outside the Fifth Avenue Apple store in New York after being the first to exit there with an iPhone 6 on Friday. Reuters. Apple Inc. AAPL +0.32% Apple Inc. U.S.: Nasdaq $101.28 +0.32 +0.32% Sept. 22, 2014 10:2...

China's Hunger for Apple's New iPhone Fuels Smuggling

Sep 22, 2014 at 18:01 | Source: Wall Street Journal

Part of the suspected smuggled goods, which included Apple's new iPhones, seized by Hong Kong authorities. Hong Kong Customs and Excise Department. HONG KONG— Apple Inc. AAPL -0.82% Apple Inc. U.S.: Nasdaq $100.96 -0.83 -0.82% Sept....

Our early-stage investment fund is an extension to M&amp;A strategy: MakeMyTrip co <b>...</b>

Sep 22, 2014 at 18:00 | Source: VC Circle

NASDAQ-listed online travel services firm MakeMyTrip (MMT) has recently floated a $15 million (around Rs 90 crore) innovation fund, which will seek to invest in early-stage ventures operating in the travel and tourism space, with a focus on mobile an...

Our early stage investment fund is an extension to M&amp;A strategy: MakeMyTrip co <b>...</b>

Sep 22, 2014 at 16:00 | Source: VC Circle

NASDAQ-listed online travel services firm MakeMyTrip (MMT) has recently floated a $15 million (around Rs 90 crore) innovation fund, which will seek to invest in early-stage ventures operating in the travel and tourism space, with a focus on mobile an...

MakeMyTrip&#39;s early stage investment fund is an extension to M&amp;A strategy: Magow

Sep 22, 2014 at 16:00 | Source: VC Circle

MakeMyTrip&#39;s strategy is different from Info Edge, which has gone beyond its verticals in external investments. NASDAQ-listed online travel services firm MakeMyTrip (MMT) has recently floated a $15 million (around Rs 90 crore) innovation fund...

Mecklai Financial Report: 19 September, 2014

Sep 20, 2014 at 12:22 | Source: Economic Times

DXY Index Greenback yesterday made a high of 84.78 against basket of major currencies and closed near the day?s high at 84.72 after FED announced that the interest rate would remain near zero but bond buying will be ending soon. It was six year high ...

SAP to acquire Cleartrip backer Concur Technologies for $8.3B

Sep 19, 2014 at 14:00 | Source: VC Circle

German enterprise software major SAP has entered into an agreement to acquire Nasdaq-listed Concur Technologies Inc., a travel and expense management solutions firm co-founded by its Indian origin chief Steve Singh, for approximately $8.3 billion....

British pound gains as investors predict rejection of Scottish independence

Sep 19, 2014 at 09:54 | Source: FirstPost

Hong Kong: The British pound jumped as investors bet that Scottish voters would reject independence based on results that cover more than half of Scotland. Japanese stocks rallied as the yen extended losses against the dollar while other Asian benchm...

S P hits record on Federal Reserve support; financials lead

Sep 18, 2014 at 23:07 | Source: Economic Times

NEW YORK: US stocks were rising in late morning trading on Thursday, with the S&P 500 hitting a record high a day after the US Federal Reserve renewed its commitment to keeping interest rates low. The Fed said Wednesday at the conclusion of a two-day...

Fed&#39;s Calm Spurs Stock Futures Higher

Sep 18, 2014 at 18:01 | Source: Wall Street Journal

U.S. stock futures rose Thursday after the Federal Reserve indicated it is in no hurry to raise interest rates. Dow Jones Industrial Average futures gained 42 points, or 0.3%, to 17111. S&amp;P 500 index futures rose six points, or 0.3%, to 2000 ...

Global stocks gain after Fed, dollar index hits 14-month high

Sep 18, 2014 at 06:30 | Source: FirstPost

NEW YORK (Reuters) - Stock markets around the world closed with modest gains on Wednesday after the U.S. Federal Reserve renewed a pledge to keep interest rates near zero for some time, while bond yields rose and the dollar rallied on expectations of...

Fed, China stimulus hopes boost world stocks

Sep 18, 2014 at 05:15 | Source: FirstPost

LONDON (Reuters) - Global stocks and commodity prices rose on Wednesday, boosted by speculation the U.S. Federal Reserve will maintain a pledge on low rates later in the day and by a report China's central bank will provide the country's biggest bank...

Wall St hits session highs; investors digest Fed statement

Sep 18, 2014 at 01:15 | Source: FirstPost

NEW YORK (Reuters) - U.S. stock were adding to gains on Wednesday, with indexes hitting session highs in the wake of a Federal Reserve statement that followed a two-day policy meeting.The central bank renewed a pledge to keep interest rates near zero...

US Stocks Regain Ground After Fed Rate Statement

Sep 18, 2014 at 00:01 | Source: Wall Street Journal

The Dow Jones Industrial Average was recently up 40 points on the day, or 0.2%, at 17172. The S&amp;P 500 index gained five points, or 0.3%, to 20047 and Nasdaq Composite Index shed 18 points, or 0.4%, to 4571. The Dow traded as low as 17103 in t...

Microsoft Gets &#39;Minecraft&#39; -- Not the Founders

Sep 16, 2014 at 19:23 | Source: Wall Street Journal

Microsoft said for now, the company is keeping Mojang&#39;s Stockholm office, which includes about 40 employees. Above, Mojang workers in 2012. Agence France-Presse/Getty Images. Microsoft Corp. MSFT +0.18% Microsoft Corp. U.S.: Nasdaq $46.33 +0....

Netflix Rollout in Europe Begins With France

Sep 16, 2014 at 14:39 | Source: Wall Street Journal

Cast members of Netflix&#39;s &#39;Orange Is the New Black&#39; in Paris Monday. European Pressphoto Agency. PARIS—Americans who want to use Netflix NFLX -3.95% Netflix Inc. U.S.: Nasdaq $457.75 -18.80 -3.95% Sept. 15, 2014 4:00 pm Volu...

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