New research shows cleantech sector mired in difficult overall financing environmentOctober 2nd, 2009 Investment in clean technology declined in 3QDENVER — A London-based research firm says third-quarter overall investment dipped for the clean technology sector which was hampered by a lack of access to credit markets. New Energy Finance reported Friday that global investment in cleantech was about $25.9 billion in the third quarter, down 22 percent from the year-earlier quarter.
New research shows cleantech sector faces difficult financing environment on road to recoveryOctober 2nd, 2009 Clean energy investment down 22 percentDENVER — A London-based research firm says third-quarter investment in the clean technology sector fell 22 percent in the third quarter compared to a year ago. New Energy Finance reported Friday that global investment in cleantech was about $25.9 billion in the third quarter and was hampered by tight credit markets.
Bill Winters, JP Morgan replaced by Jes Staley as CEOSeptember 29th, 2009 Jes Staley is the new chief executive of JP Morgan Chase's investment banking unit replacing Bill Winters who has been the unit's co-chief executive for the last five years. JP Morgan announced a series of top management changes in a press release Tuesday which included this change as well as some other significant changes.
Founder of Sazon Goya Food Company dies at age 79 in his South Fla. homeSeptember 20th, 2009 Founder of Sazon Goya Food Company dies at age 79MIAMI — Family members say the founder of a major Hispanic food company has died in his South Florida home. He was 79. Jose Antonio Ortega Bonet, founder of Sazon Goya Food Company, died Saturday morning.
Fogel, longtime journalist and co-founder of San Francisco Bay area wire service, dies at 86September 15th, 2009 Co-founder of California news wire service diesTHOUSAND OAKS, Calif. — Richard Fogel, co-founder of San Francisco's Bay City News Service and advocate for increasing public access to government, has died.
Morgan Stanley chief to step asideSeptember 10th, 2009 NEW YORK - Morgan Stanley investment bank chief John Mack will step aside at the end of the year, the company announced late Thursday in New York. The 64-year-old will be succeeded by James Gorman, 51, who is currently co-president of the firm.
Avesthagen revives public issue plans to raise fundsSeptember 8th, 2009 BANGALORE - Leading biotechnology firm Avesthagen plans to raise about Rs.6-7 billion (Rs.600-700 crore) through an initial public issue (IPO) for rolling out about 40 products which are still in development stage, a top company official said Tuesday. "We will go for a public issue next year when our biosimilars (bio-pharmaceutical products) are ready to hit the market.
WCI Communities comes out of Chapter 11, eliminating over $2 billion in debt and liabilitiesSeptember 3rd, 2009 WCI Communities comes out of Chapter 11BONITA SPRINGS, Fla. — Homebuilder WCI Communities Inc.
JLL Partners and Warburg Pincus propose recapitalization of Builders FirstSourceSeptember 1st, 2009 Firms suggest recapitalizing Builders FirstSourceNEW YORK — Affiliates of private equity firms JLL Partners and Warburg Pincus said Tuesday they have proposed to the board of building-products supplier Builders FirstSource Inc. a recapitalization of the company.
Richard Egan, former ambassador to Ireland, EMC data storage firm co-founder, dies in BostonAugust 29th, 2009 Ex-Ireland envoy, EMC chairman Egan dies in BostonBOSTON — Richard Egan, who rose from Boston street kid to the U.S. ambassador to Ireland after making millions of dollars founding data storage giant EMC Corp., has died.
Frank Fertitta Jr., founder of Station Casinos, dies at age 70August 22nd, 2009 Station Casinos founder Fertitta dies at 70LAS VEGAS — Frank Fertitta Jr., the founder of casino operator Station Casinos Inc. who retired when his sons took the company public in 1993, has died.
American Dairy to raise $63 million from selling shares to Sequoia CapitalAugust 12th, 2009 American Dairy to raise $63M from selling sharesLOS ANGELES — American Dairy Inc., which makes and distributes infant formula, said Wednesday that private investment firm Sequoia Capital will pay $63 million for 2.1 million of its common shares. The purchase price includes $47 million in cash and the conversion of a $16 million bridge loan American Dairy received from Sequoia last month.
Dansk International Designs founder Theodore Nierenberg dies at his NY homeAugust 4th, 2009 Dansk tableware founder dies in NYNEW YORK — The founder and president of Dansk International Designs has died at his home outside New York City. Theodore D. Nierenberg was 86.
N-deal opened doors to new opportunities in India-US ties: envoyMarch 5th, 2009 WASHINGTON - India is looking for new areas of cooperation with the US after signing a landmark civil nuclear deal last year, Indian ambassador to the US Ronen Sen has said. Describing the deal as a remarkable achievement, he said Wednesday at a meeting on 'Delivering on the Promise: Advancing US Relations with India' that it had freed India-US relations from the baggage of the past.
India Equity Partners eyeing buyout of small firmsFebruary 8th, 2009 KOLKATA - Private equity firm India Equity Partners is in talks with cash-strapped business houses to buy out some of their smaller group companies, a top company official said here Monday. Co-founder and managing director Gaurav Mathur said several business, which are finding it increasingly difficult to raise funds for core operations, are now willing to sell off majority stake in some group companies.
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