From ocregister.com
In the first quarter, 111 companies backed by venture capital were sold, a 73% increase from the same period a year ago and the most on record, according to Thomson Reuters and the National Venture Capital Association.
Venture Industry Rebounds in First Quarter
Venture wire
- Spray-On Antenna Unveiled At Google Solve For X Conference February 8, 2012A start-up says it has a better, lighter, more efficient way to get reception. […]
- The Daily Start-Up: TruTouch Nabs $3M, Points The Finger At Drunks February 8, 2012A round-up of venture-capital news and analysis from VentureWire and around the Web. […]
- What’s A Piece Of Facebook Really Worth? February 7, 2012Its implied valuation in December was less than reported figures. […]
US Market News
- Final Glance: Chemicals companies February 8, 2012Shares of some top chemicals companies were up at the close of trading:Dow Chemical Co. rose $.09 or .3 percent, to $33.95.DuPont Co. rose $.04 or .1 percent, to $51.65. […]
- Wall Street ends flat; Cisco gains after the bell February 8, 2012Stocks closed flat in another thinly traded session on Wednesday as Greece remained in a standstill over accepting tough reforms in exchange for a bailout critical to avoiding a chaotic default. Underlying ... […]
- How the major stock indexes fared on Wednesday February 8, 2012Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.The Dow Jones industrial ... […]
Business News
- Groupon disclosure, growth concerns hit stock February 8, 2012(Reuters) - Groupon Inc shares slumped Wednesday as the daily deal company's first quarterly results since it went public stoked concern about limited disclosure and slowing growth. […]
- Diamond removes CEO, CFO after walnut payment probe February 8, 2012(Reuters) - Diamond Foods Inc removed top management after a probe by its audit committee found that the company improperly accounted for payments to walnut growers, sending its shares down 40 percent in after-hours trading. […]
- Mortgage deal nears as holdout states join February 8, 2012(Reuters) - California and New York, two big holdout states in a $25 billion mortgage settlement, are expected to join the deal, smoothing the way for an announcement on Thursday, according to a person familiar with the matter. […]
Private Equity
- BUYOUTS-California pension eyes commitments to PE firms February 8, 2012SAN FRANCISCO, Feb. 8 (Reuters-BUYOUTS) - The $145 billion California State Teachers' Retirement System, the nation's second-largest pension fund, is actively considering making large... […]
- Ally's mortgage unit seeking buyers - report February 8, 2012Feb 8 (Reuters) - Ally Financial Inc's mortgage unit Residential Capital LLC is speaking with private equity firms regarding selling itself to them through a pre-packaged bankruptcy, Bloomberg said... […]
- Petroplus says investors eye German refinery February 8, 2012ZURICH, Feb 8 (Reuters) - Troubled oil refiner Petroplus has several investors interested in its operations in Germany, where its Ingolstadt plant will start running on standby mode on Thursday, it... […]