Global agribusiness will boom over the next decade.
Colony American Homes, an Arizona-based company that buys cheap houses and rents them out, is delaying its IPO because comparable companies have recently been trading poorly, reports ft.com. The firm was expected to raise $245 million from the IPO, with shares priced at $11.50 to $13. Read more. Also read: British postal service to IPO […]
Growing homebuyer demand and increased new-home construction suggests that Canada’s housing industry is headed toward a soft landing instead of a sharp correction, says Bloomberg News. The average home selling price in May 2013 is up 5.4% to $542,174 from May of last year, reports the Toronto Real Estate Board. Meanwhile, Statistics Canada says cities […]
BlackRock plans to issue Europe's first cross-border exchange-traded fund.
After Zynga announced it would cut more than 500 jobs, shares fell 12% to close at $2.99 in New York, says Financial Times. “The company grew quickly as it became the biggest games publisher on Facebook, but has been retrenching in recent months, as new titles have disappointed and earnings have fallen short of expectations,” […]
Be wary of risky investment moves suggested by unfamiliar brokers.
Nasdaq OMX Group is ramping up its monitoring of its U.S. exchanges.
Could Google overtake Apple as the most popular global app platform?
Sareb, a Spanish “bad bank,” is attempting to woo international investors by selling distressed homes in the Andalucia and Valencia areas, reports ft.com. And it may be working — the news has attracted interest from private equity buyers. The deal is expected to raise €200m for Sareb, says ft.com, and could be the start of […]