Business news for Tue, 18 Dec 2007 & with word capital. 23 news.

Suggesting that some venture capital colleagues have gotten greedy at the expense of entrepreneurs, the four Internet tycoons behind the Founders Fund on Tuesday touted the creation of a new $220 million investment fund as well as a stock plan designed to reduce tension between between

(Reuters) -- An investor sued Abbott Laboratories for halting development of the ZoMaxx stent, saying the health care company breached an obligation when it dropped the product. Birmingham Associates, a Cayman Islands corporation managed by New York-based Elliott International Capital Advisors, ...

Triarc reached a new deal to sell its stake in asset manager Deerfield to Deerfield Triarc Capital for about $225 million.

Christmas came early at Rainbows United Inc., which on Tuesday received a $250,000 gift for its Growing Hope Capital Endowment campaign from Spirit AeroSystems Inc.

Beleagured RAB Capital, the hedge fund that appears to have dropped a fortune on Northern Rock, has lost its second director within a month

Morgan Stanley posted its first quarterly loss ever on Wednesday after taking an additional $5.7 billion write-down related to subprime mortgages. The investment bank said it would sell a $5 billion stake to the China Investment Corp., that country's sovereign wealth fund, to shore up its capital.

Clal Finance was born four years ago, shortly after Nochi Dankner took over the IDB group. Avigdor Kaplan, the highly esteemed chief executive of IDB company Clal Insurance Investments, declared the establishment of Clal Finance. It would handle all Clal Insurance's activities in the capital market, he explained. ...

Nelson Peltz, the billionaire activist investor, threatened yesterday to use his position as the third-biggest shareholder of Cadbury Schweppes to force the confectionery group to sell businesses, return capital and appoint several new executives.

A month after InPhonic Inc. filed for bankruptcy protection, the U.S. Bankruptcy Court for the District of Delaware has approved of the company's sale to private equity firm Versa Capital Management. (INPC)

Toledo, Ohio, like other old-line industrial cities, hopes to cash in on the demand for alternative energy. The city once known as North America's glass capital wants to reinvent itself by focusing on the production of "solar cells."

Related Cos., owner of Manhattan's Time Warner Center and bidder for a 26-acre development site west of Midtown, got $1.4 billion from investors including Goldman Sachs and the government of Abu Dhabi. Goldman Sachs and MSD Capital LP, the...

From Jenny Anderson, a DealBook colleague: ‘Tis the season to start your own hedge fund. Matt Grossman, one of the star traders at SAC Capital, is leaving the fund after the end of the year, according to an internal SAC memo. Mr. Grossman helps Steven A. Cohen, who founded the firm that bears his initials, run CR [...]

NEW YORK (MarketWatch) -- Glasshouse Technologies Inc. on Tuesday filed a $100 million initial public offering with underwriters Goldman Sachs and J.P. Morgan . The Framingham, Mass. provider of information technology consulting, technology integration and managed services plans to trade on the Nasdaq under the symbol GLAS. Glasshouse reported a loss of $14 million on revenue of $41 million in the nine months ended Sept. 30, compared to a loss of $9.8 million on revenue of $29 million in the year-ago period. Shareholders in the firm include Kodiak Venture Partners, Sigma Partners, GrandBanks Capital, Paladin Capital Group and Globespan Capital Partners.

UBS highlights capital adequacy and earnings-per-share compression.

Australia-listed Lafayette Mining entered voluntary administration to avoid bankruptcy and give it time to obtain new capital or to sell its troubled Philippine mining business

Investor alert: There's still time this year to make a move that is guaranteed to save you money when you do your 2007 taxes. It's called tax-loss harvesting. It simply means selling stocks or mutual funds in which you have a loss to reduce your capital...

Starbucks Corp. stock fell to the lowest in more than three years in U.S. trading after RBC Capital Markets downgraded the stock to "sector perform" on concern for a sales slowdown from fewer customer visits and more competition.

The streets of this riverside capital are thick with traffic, sport-utility vehicles favored by foreign aid workers as well as ...

Starbucks stock fell to the lowest level in more than three years Monday after RBC Capital Markets downgraded the stock to "sector perform"...

Pharmaceuticals giant Bristol-Myers Squibb Co. said yesterday it will sell its medical imaging unit in Billerica to private equity firm Avista Capital Partners for $525 million.