Shares of online video distribution platform Brightcove soared as much as 43%, after it raised $55 million in its initial public offering.
The French bank Société Générale has reported a profit plunge in the last three months of 2011, as it continued to deal with the significant fallout from the sovereign debt crisis and economic turmoil.
Yahoo‘s talks to sell back most of its stakes in Alibaba of China and Yahoo Japan to its Asian partners have apparently collapsed.
Vodafone has confirmed that it is considering an all-cash takeover bid for Cable & Wireless Worldwide, an embattled British telecommunications service provider.
2011′s deal-making drought hit Kohlberg Kravis Roberts (K.K.R.) hard, however the private equity giant expects better times ahead.
For several years, the Board of Yahoo has been criticized for several missteps, including ceding ground to upstarts like Google and Facebook and failing to sell itself to Microsoft in 2008.
The U.S. Congressional Budget Office (CBO) affirms that the annual federal deficit will reach $1 trillion in 2012, for the fourth year in a row.
The largest venture capital firms, keep getting bigger.
As the economy takes center stage in the U.S. Presidential campaign, U.S. Treasury Secretary Timothy F. Geithnerdelivered an upbeat growth outlook at the World Economic Forum, but warned that America’s recovery could still be derailed by geopolitical and financial troubles abroad.
Billionaire investor George Soros told the World Economic Forum in Davos that it was possible Greece could be pushed out of the euro zone this year.
