Stocks are moving higher after a new report showed home prices rose for the third consecutive month in August The gains came a day after investors uneasy about the strength of an economic recovery pummeled stocks for the second straight day and for the fourth time in the last five days. Overseas, Asia markets fell overnight following declines Monday in the U.S. In Europe, markets have steadily advanced throughout the day. The Standard & Poor’s/Case-Shiller home price index, which measu

Are Nokia and Siemens trying to wiggle out of their joint venture, Nokia Siemens Networks (NSN)?If an unnamed insider talking to the Financial Times in Germany is correct, the answer is yes.The problem is that few, if any, investors would be interested in buying the struggling telecom equipment maker, sources ...(206 words)

Five. That’s the number of consecutive quarters mobile phone maker Sony Ericsson now has reported earnings losses. The latest financial erosion came on Friday when the joint venture between Sony Corp. (SNE) and Ericsson (ERIC) stunned investors and analysts with a loss of 164 million euros ($245 million) in the ...(227 words)

LA-based Sometrics has secured a Series B round of venture capital, led by Walt Disney Company-affiliated Steamboat Ventures and joined by previous investors The Mail Room Fund and Greycroft Partners . In total, $4 million was injected into the fledgling company, we’ve learned. That brings the total invested in the startup to $5.55 million . The first round was raised back in May 2008 . It was the first investment made by The Mail Room Fund, a joint venture fund established by William

An investor consortium led by Kohlberg Kravis Roberts announced Wednesday that it poured a combined $160 million into a Chinese financial leasing firm to help it expand business, Reuters reported.Besides K.K.R., other investors in the consortium include the Government of Singapore Investment, the city-state’s sovereign wealth fund, and China International Capital Corp, an investment banking joint venture one-third owned by Morgan Stanley, according to a joint statement.After the deal, state-own