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Financials

CAPIS acquires FinTech Securities

Capital Institutional Services (CAPIS), an institutional securities broker/dealer, has completed the acquisition of Financial Technology Securities from Innovest Systems. Effective January 2, 2019, FinTech Securities, an Atlanta, Georgia-based broker/dealer that provides trading solutions to institutional money managers, was acquired by...

Oracle Acquires SD-WAN Specialist Talari

Oracle has moved to add bandwidth and security to its cloud portfolio with the acquisition of Talari Networks, a software-defined networking specialist. Terms of the acquisition announced on Thursday (Nov. 15) were not disclosed. Oracle expects the deal to close...

Mizuho concludes MOU for business cooperation with Cyberport and Hong Kong Science & Technology Parks Corporation

Mizuho Financial Group, Inc. (President & CEO: Tatsufumi Sakai), Cyberport (Chief Executive Officer: Peter Yan), and Hong Kong Science & Technology Parks Corporation (HKSTP; Chief Executive Officer: Albert Wong) have concluded a memorandum of understanding (MOU) for business cooperation...

Berkshire Hathaway Doubles Profit Helped by Lower Taxes

Lower taxes and strong results from its insurance operations helped Warren Buffett's Berkshire Hathaway (BRK) double operating profit in the quarter ended Sept. 30. Berkshire reported an operating profit of $6.88 billion, up from $3.44 billion from the same...

Fannie Mae Reports Net Income of $4.0 Billion and Comprehensive Income of $4.0 Billion for Third Quarter 2018

Fannie Mae reported its third quarter 2018 results and filed its third quarter 2018 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended September 30, 2018. The following documents...

HUB International Announces Minority Investment By Altas Partners

Hub International Limited (Hub), a leading global insurance brokerage, announced that it has entered into an agreement with Altas Partners (Altas), a long-term oriented investment firm based in Toronto, Ontario. Under the agreement, Hub expects to receive a substantial...

Zeguro Raises $5 Million Seed Investment to Bring Cyber Safety to Small and Midsize Enterprises

Zeguro, a pioneer in cyber risk management for small and medium-sized enterprises, closed $5 million in funding from a prominent group of investors to launch its Cyber Safety Platform to help companies assess and mitigate their cyber risks. The round...

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