Posted by Reuters: Business News on February 2, 2012
(Reuters) – Glencore International is nearing an agreement to combine with Xstrata in a deal that may value the combined entity at 52 billion pounds ($82.46 billion), Bloomberg said, citing two people with knowledge of the plan.
Posted by Reuters: Business News on January 28, 2012
(Reuters) – Citigroup has cut bonuses for its investment banking division by about 30 percent on average, Bloomberg said, citing a person briefed on the matter.
Posted by Reuters: Business News on
(Reuters) – Rupert Murdoch’s News Corp is in “serious talks” to poach veteran Bloomberg LP executive Lex Fenwick to run its Dow Jones publishing business, which houses the Wall Street Journal, according to two people familiar with the discussions.
Posted by admin on January 23, 2012
The Ontario Securities Commission extended its halt in trading of Sino-Forest (TRE.TO) Corp. on the …
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Posted by admin on January 11, 2012
The Securities and Exchange Commission has approved the Public Company Accounting Oversight Board's …
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Posted by admin on December 23, 2011
CleanTech Innovations, the Tieling, China-based company that has fought Nasdaq for almost a year ove…
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Posted by Reuters: Business News on November 25, 2011
(Reuters) – AT&T Inc is considering an offer to divest a significantly larger portion of assets than it had initially expected, in order to salvage its $39 billion deal to buy T-Mobile USA, Bloomberg reported citing a person familiar with the plan.
Posted by The Distressed Debt Report on September 28, 2011
Bank of America is making moves to shed some of its $44 billion commercial real estate loan portfoli…
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Posted by Reuters: Business News on September 20, 2011
(Reuters) – Brevan Howard Asset Management LLP, one of the Europe’s biggest hedge fund managers, may return about $2 billion to investors in the firm’s biggest fund to avoid growing too large, Bloomberg said, citing four people familiar with the matter.
Posted by Reuters: Business News on September 17, 2011
(Reuters) – Countrywide Financial’s lawsuit losses could compel parent Bank of America Corp (BofA) to put up the unit on the bankruptcy block, Bloomberg reported citing four people with knowledge of the firm’s strategy.
