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Hefty financing deal takes Pinterest value to $3.8 bn

Oct 24, 2013

Hefty financing deal takes Pinterest value to $3.8 bn

Pinterest has won a $225 million round of equity funding that values the virtual scrapbooking company at $3.8 billion, two people with knowledge of the investment said Wednesday. #social media #Twitter Inc. #Technology #Fidelity Investments #AllthingsD #Ben Silbermann #Pinterest
US funds show faith in Twitter IPO despite Facebook disaster

Oct 03, 2013

US funds show faith in Twitter IPO despite Facebook disaster

Five mutual funds run by T Rowe Price Group Inc own $220 million worth of Twitter Inc, opening up a big lead over rival US funds to capitalize on the social networking site's expected public stock offering. #facebook #China #Internet #US #Twitter #IPO #Alibaba #YAHOO! INC. #Fidelity Investments #Empire State Building #Hilton Worldwide #SoftBank Corp #T Rowe Price Group Inc #US funds
L&T Finance buys Fidelity's India fund business, shares cheer

Mar 27, 2012

L&T Finance buys Fidelity's India fund business, shares cheer

The acquisition will provide L&T Finance, a unit of engineering conglomerate Larsen & Toubro Ltd, more products and access to retail customers. #Business/Finance #NewsTracker #Mutual fund #L & T Finance Holdings Limited #Fidelity Investments
Fidelity looks to put India MF arm on the block, seeks Rs 350 cr for biz

Jan 31, 2012

Fidelity looks to put India MF arm on the block, seeks Rs 350 cr for biz

Reports said that the international MF giant has appointed JP Morgan to find a buyer for the its asset management business in India, the accumulated losses for which may hurt the valuation. #DealStream #Mutual fund #Fidelity Investments #Fidelity Worldwide Investment
Cash-rich cos sit tight, fear liquidity freezes, govt intervention

Nov 07, 2011

Cash-rich cos sit tight, fear liquidity freezes, govt intervention

The debt crisis in Europe and sluggish growth in the United States have top companies worried about the sustainability of existing sales volumes, according to the survey of more than 110 analysts at Fidelity in Europe and Asia. #WhyNow #Europe #Asia #IT firms #Fidelity Investments

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Fidelity's exit is a thumbs down to India and MF business

Jan 31, 2012

Fidelity's exit is a thumbs down to India and MF business

Fidelity's proposed exit from the Indian mutual fund industry speaks volumes about the profitability of the business in India. #Mutual Funds #SmartMoney #financial services #Fidelity Investments #Fidelity MF #NotJobsButPassion