Venture Capital Investment Drops for Q3 2014
17 Oct
2014
By Financier.com Staff

Venture Capital Investment Drops for Q3 2014 »

Venture capital investment has dropped 29% over the previous quarter with a sharp decrease in investments for tech companies. This year’s second quarter saw a total of 13.9 billion dollars invested in initial public offers, compared to this quarter’s 9.8 billion. In total, there are 18 IPOs backed by venture capitalists this quarter compared to [...]

Iconic Waldorf Astoria Sold to Chinese Insurance Company
16 Oct
2014
By Financier.com Staff

Iconic Waldorf Astoria Sold to Chinese Insurance Company »

The iconic New York City hotel Waldorf Astoria was recently bought by the Chinese insurance company Anbang Insurance Group for 1.95 billion dollars. The Waldorf Astoria is owned by Hilton (HLT:US), who will use the money for future expansion, including 27 Waldorf Astoria resorts globally. US government officials are reviewing the Waldorf Astoria sale, as [...]

Google’s Third Quarter: More Traffic, Less Revenue from Mobile Adverts
16 Oct
2014
By Financier.com Staff

Google’s Third Quarter: More Traffic, Less Revenue from Mobile Adverts »

Google's advertising rates recovered slightly by 20% year-to-year. Google (NASDAQ:GOOG) reported a 20% increase in revenues of up to $16.52 billion for Q3 2014, versus $13.75 billion for last year's period. GAAP earnings per share totaled $4.09 on 678 million diluted shares outstanding, a 6.7% earnings decrease for shareholders.

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Kickstarter Founder Creates Dollar a Day, a Nonprofit Crowdfunder
15 Oct
2014
By Financier.com Staff

Kickstarter Founder Creates Dollar a Day, a Nonprofit Crowdfunder »

Kickstarter founder Perry Chen found his next online venture with Dollar A Day.com, a website dedicated to crowdfunding donations for nonprofit organizations. Dollar A Day is also aimed at educating people about the importance of...

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Slim Chooses Underwriters for Elementia’s IPO
15 Oct
2014
By Financier.com Staff

Slim Chooses Underwriters for Elementia’s IPO »

The Mexican cement maker Elementia is planning its public offer for Mexico and Latin America according to preliminary reports sent to the stock market. The company is backed partly by multi-billionaires Carlos Slim and...

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Whatsapp’s Final Price Tag Rises to 22 Billion
14 Oct
2014
By Financier.com Staff

Whatsapp’s Final Price Tag Rises to 22 Billion »

Facebook acquired Whatsapp on October 6 2014. The deal originally involved a 19 billion dollar payment to WhatsApp founders Brian Acton and Jan Koum...

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GT Advanced Technologies Goes Bankrupt after Deal with Apple
10 Oct
2014
By Financier.com Staff

GT Advanced Technologies Goes Bankrupt after Deal with Apple »

GT Advanced Technologies Inc. (NASDAQ:GTAT) stated on a press release on October 6 that the company and its subsidiaries would be filing for bankruptcy while it "devotes renewed efforts to resolve its current issues and develops a reorganization plan."

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Is a Market Crash Truly Imminent?
9 Oct
2014
By Financier.com Staff

Is a Market Crash Truly Imminent? »

Wall Street, Dow Jones and S&P500 have been on the rise since the recession and the markets have hit historically high stock prices. The market is one year past the five-year bull market average, so a snap back is highly possible as the markets have become overvalued.

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Japanese Yen and TOPIX Index Drop, Will the World Follow Suit?
7 Oct
2014
By Financier.com Staff

Japanese Yen and TOPIX Index Drop, Will the World Follow Suit? »

The S&P Topix Yen Index dropped recently along with the Japanese Yen after a six-year high. The Yen has dropped to 108 to a dollar and the S&P Topix has slightly recuperated after losing 3% on October first, following a similar trend to the North American stock exchanges which are all below the profit line. S&P [...]

3 Profitable IPOs for 2014
7 Oct
2014
By Financier.com Staff

3 Profitable IPOs for 2014 »

Alibaba was the most profitable initial public offer in history, but the buzz is over and Alibaba stock dropped from its initial price of 93 dollars per title down to 86 dollars in recent days. This year was an exceptional year for IPOs like GoPro, who went from an initial price of $24 per share [...]