Business News

InvestAdvocate Host Company, HostMonster Make $1 Million Investment

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Top rated web hosting provider, HostMonster  has said it’s making an investment of over $1 million in its core network to provide enhancements. This is contained in an email notice to InvestAdvocate  on  network maintenance by HostMonster scheduled to commence on 5 March, 2015 […]

FXCM Gets $300 Million Bailout From Leucadia After Swiss Shock

Jan 16, 2015/Bloomberg Leucadia National Corp. gave FXCM Inc. a $300 million cash infusion, extending a lifeline to the currency brokerage hobbled by the Swiss central bank’s decision to let the franc trade freely against the euro. Leucadia, which owns New York-based investment bank Jefferies Group, extended FXCM a two-year, […]

FXCM Said in Talks With Jefferies for $200 Million Rescue

Jan 16, 2015/Bloomberg Jefferies Group is in talks to give FXCM Inc. (FXCM) a cash infusion of about $200 million, people with knowledge of the matter said, extending a lifeline to the currency brokerage hobbled by the Swiss central bank’s decision to let the franc trade freely against the euro. […]