Singapore-based videogame publisher, Grand Centrex, plans to go public through a $1.2 billion merger with RF Acquisition. They are a dominant player in the gaming industry and are expanding into publishing their own games.
Third-quarter earnings of Travelers Cos. fell short of estimates due to expanded catastrophe losses, but revenue exceeded expectations. The market reacts with a modest increase in Travelers' shares.
Berkshire Hathaway made a bold bet on Florida's hurricane season, which is paying off so far. The company's portfolio performance has also been strong, surpassing previous years' results.
Bank of America is set to release its third-quarter earnings, with analysts predicting a profit of $6.7 billion. The bank faces cautious expectations amid positive trends in net interest income, as well as significant paper losses on mortga...
A senior analyst at Citi was wrongfully dismissed after submitting fraudulent expenses, raising concerns about honesty in the workplace.
Swiss electronic-components maker Cicor Technologies reports a 22% increase in sales in Q3, fueled by demand from medical, aerospace, and defense sectors. Full-year outlook reaffirmed.