The Complete Guide to Working with a Finder
by Jonathan Gan “I know everyone and can connect you with any investors you want”; “We charge based on intros”; “With respect to investors to whom I make the intro, More...
David Einhorn’s Greenlight Capital Reports Drop in Performance
Greenlight Capital, the $11.8 billion investment firm led by billionaire David Einhorn, fell 2.5 percent in its main hedge fund in January, Bloomberg said, quoting data from an e-mail sent to investors. The More...
Viacom CEO Philippe Dauman Informs Investors of ‘Substantial Savings’ (Layoffs)
Viacom’s stock closed down 4.4% on Friday following a disappointing quarter in which the company missed Q1 revenue estimates as it faces concerns about inventory and fewer stock buybacks, as reported More...
Michael Milken Urges Outreach to Latino ‘Economic Giant’
Financier and philanthropist Michael Milken said the Latino community of California, and especially of the LA area, is an economic giant that more business leaders need to reach, a report said. “The More...
Facebook Is Huge, But Zuckerberg Not in It for the Money
Facebook dramatically grew its sales and revenues, but growth comes at a price, as it also increased its research and development budget. Facebook’s fourth quarter sales were at $3.85 billion, exceeding More...
Lionsgate to Cut $1.5 Billion Deal with China’s Hunan TV
Lionsgate Entertainment, which is headed by Mark Rachesky, is said to be close to closing a deal that could be worth as much as $1.5 billion with China’s Hunan TV and Broadcast Intermediary Co Ltd. Rachesky More...
Bill Gross Predicts 25 Basis Point Interest Rate Rise by June
A policy statement from the U.S. Federal Reserve indicates a “patient” approach to raising interest rates; Janus manager Bill Gross thinks the rise will be 25 basis points by June 2015. The FOMC More...
New Accelerator to Raise Money via Singapore for Israeli Startups
A new program for Israeli startups is based on cooperation between StartupEast, a new bilateral Israel-Asian accelerator, and NUS (National University of Singapore) Enterprise Incubator, which is considered More...
Can Russia Corral Its Junk Assets into a Bad Bank?
Russia unveiled economic strategies to deal with the fallout from sanctions, the falling ruble and oil prices and Standard & Poors downgrading its debt. Prime Minister Dmitry Medvedev signed on the plan More...
Son Says Nikolai Doroshenko Not in Hiding, He Is Just Shy
Cambodian officials have issued an arrest warrant for dual Russian and Cambodian citizen, Nikolai Doroshenko, on charges that he failed to hand over rights to investment projects to his partner, exiled More...