ThinkEquity has initiated coverage of Symantec Corp. (NASDAQ:SYMC) with a buy rating, citing its portfolio of stable, cash-generating businesses and more vibrant growth strategies.
Automobile manufacturers General Motors (GM) is recalling more than 38,000 Pontiac G8 vehicles, over an issue with its airbags that may increase the risk of head injury in accidents.
Swiss private bank Julius Baer has raised its bid for unlisted Rabobank's stake in Swiss bank Sarasin and is now making an all cash offer, a newspaper reported on Sunday, citing sources close to the matter.
The U.S. Food and Drug Administration has approved Johnson & Johnson's anticlotting drug Xarelto (rivaroxaban) to cut the risk of stroke in patients with nonvalvular atrial fibrillation (AFib), both the company and the FDA announced.
In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
An initiative backed by Costco to allow supermarkets and warehouse stores to sell liquor in the state of Washington has shattered an election spending record
General Motors Co is recalling more than 38,000 Pontiac G8 models in order to reprogram airbag modules for the front passenger seats, the U.S. automaker said in a release on Saturday.
A Pakistani court indicted five Islamist militants and two police officers in the high-profile assassination of former Prime Minister Benazir Bhutto.
Tata group is looking at the assets of Australia's New Hope Corp, a $5 billion coal miner that put itself up for auction last month.
Since Bank of America announced its now-abandoned plan to charge debit-card users a $5-per-month fee, consumers have been fleeing from large money-center banks to small community banks and credit unions. And Saturday is both Bank Transfer Day and Move Your Money day.
Interim CEO Sergio Ermotti will be appointed permanent CEO of Swiss bank UBS ahead of the bank's investor day on Nov. 17, a Swiss newspaper reported, citing unnamed sources close to the matter.
Bidding for MF Global's operations in Asia and Australia was extended by one day because of an influx of offers for the collapsed U.S. brokerage, a provisional liquidator for the company's Hong Kong unit said Saturday.
PepsiCo Inc. has agreed to sell its interest in 24 soft-drink bottlers in China to the Hong Kong-listed Tingyi Holding Corp.
The head of the U.S. futures regulator working on a sweeping review into the business practices of failed futures brokerage MF Global Inc. said he will not be participating in any further parts of the inquiry, a source told Reuters Friday.
U.S. regulators closed two more banks on Friday -- one in Utah and another in Nebraska -- bringing the total number this year to 87.
Here's a billion people. Here's 300 to 500 of those billion-plus people newly added to the middle class. Now, how do you market your product to them? That's a question that even a beverage giant like Coca-Cola has yet to figure out.
Wal-Mart Stores Inc said on Wednesday it will soon give fans a sneak peek at its Black Friday deals and will hold a sale this Saturday, as the world's largest retailer and other U.S. chains make an early effort to win over fickle shoppers this holiday season.
Dippin' Dots files for bankruptcy.
Shares of Groupon rose from their $20 IPO price to close at $26.11, a 30.55 percent jump. However, the closing price was below its opening price of $28.
Videocon Industries is looking to sell a 25 percent stake in its direct-to-home broadcast services business for roughly $75 million to $100 million.
If you’d told me 5 months ago that I would spend a lot of 2011 studying accounting, talking to businesses and saying bad things about a company that everyone once loved, I never would have believed you.
Groupon shares soared in early trading this morning to $28, a 40 percent increase over its $20 price announced last night, as the company made its initial public offering.
Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by a U.S. Internet company since Google Inc raised $1.7 billion in 2004.
Barry Sternlicht's Starwood Property Trust reported net income in the third quarter of $14.5 million, down from $22.7 million in the same period in 2010.
Brookfield Office Properties, the landlord with holdings in America, Canada and Australia, including the now infamous Zuccotti Park, reported 8.2 million square feet of leasing activity following the third quarter, surpassing its record leasing levels in pre-recession 2007.
The phone hacking scandal engulfing Rupert Murdoch's News Corp. threatened to spread to other titles on Friday, as sources said a journalist at the Sun newspaper had been arrested over allegations of police bribery.
The Brazilian oil giant announced this week a new oil discovery in the U.S. Gulf of Mexico and the starting up of its 104 megawatt wind farm in Brazil.
State governments across the United States are just a few months into their fiscal years and already many fear that tax revenues are running short of forecasts.
California's government could face a budget gap of up to $8 billion in its next fiscal year, substantially more than the $3.1 billion shortfall projected by Governor Jerry Brown's office, The Sacramento Bee said on Thursday, citing a memo from Assembly budget officials.
The California attorney general on Thursday called on Fannie Mae and Freddie Mac to cut mortgage debt on the loans they own, a suggestion the government entities have long resisted.
