Bank of America is looking to sell a private bank it inherited from Merrill Lynch & Co, a banker familiar with the situation said on Wednesday.
Bank of America is looking to sell a private bank it inherited from Merrill Lynch & Co. as the bank tries to preserve capital and possibly shed noncore assets, said a report on the Wall Street Journal's Web site, citing people familiar with the situation.
U.S. Internet firm Yahoo Inc is not opposed to doing a deal that would potentially sell its search business, Chief Financial Officer Blake Jorgensen said on Wednesday
Three potential bidders are still looking at buying a large stake in American International Group's key Asian life insurance unit, people close to the matter said on Wednesday.
Citigroup may sell both its Japanese investment bank and brokerage, according to media reports, as the faltering U.S. lender looks to raise more cash from a sale of global assets.
NEW YORK - Playboy Enterprises Inc , publisher of one of the world's best known adult magazines, posted a wider fourth-quarter loss, hurt by $157.2 million in restructuring and other one-time costs, as well as weaker-than-expected revenue.
The company, which posted a net loss in each quarter of 2008, also said it would be open to discussions about an outright sale of the company, o...
As the U.S. prepares to sell more than $2 trillion in debt this year, the Federal Reserve Bank of New York is holding talks with several firms which would help underwrite government debt instruments for sale in auctions, according to a report.
Swiss bank UBS held talks with Morgan Stanley late last year about a sale of its U.S. brokerage arm -- a unit UBS acquired in 2000 for $11.8 billion formerly known as PaineWebber -- according to a report in the Financial Times Tuesday.
Reunited jam band Phish tickets went on sale Friday morning online and also around the country, with tickets already sold out for the June 6 concert at the Asheville Civic Center arena.
American International Group Inc. launched the sale of its Asian life insurance unit, American International Assurance Co. yesterday, aiming to rise up to $20 billion that will help the bank repay a $60 billion debt with the U.S. government.
22-year-old, Natalie Dylan, Californian student, is not the first woman to try to auction off her virginity for money now worth $2.5 is getting high bids.
HLTH Corp., a provider of health information services, said Tuesday that it agreed to sell its ViPS segment to General Dynamics Information Technology, Inc., a wholly-owned subsidiary of General Dynamics Corporation (NYSE:GD) for $225 million in cash.
General Electric Co. is considering selling or divesting itself of its appliances business, the Wall Street Journal said on its website late Wednesday.
News Corp., the owner of the MySpace Web site and Fox television, said on Wednesday its quarterly net profit rose three-fold on higher advertising sales and on a gain from the sale of its stake in DirecTV Group Inc.
Sprint Nextel Corp. is considering spinning off or selling its Nextel unit, according to a report.
Bristol-Myers Squibb Co. said on Friday it will sell its ConvaTec unit to private equity firms Nordic Capital and Avista Capital Partners for $4.1 billion.
Clear Channel Communications Inc completed the sale of its television group to Newport Television LLC for $1.1 billion, the U.S. radio operator said on Friday.c
Michael Jackson's famed Neverland Valley Ranch in California will be foreclosed and sold on March 19 unless the pop star pays a balance of nearly $25 million, property records showed on Tuesday.
A Canadian man who said he sold his 15-year-old son's prized video game, a Christmas gift, on eBay after catching him smoking marijuana has sparked an online debate on who is wrong -- father or son.
Aon Corp, one of the world's largest insurance brokers, said on Monday it has agreed to sell two units for about $2.75 billion and will use the proceeds to buy back shares.
E*Trade's firesale of its mortgage-backed assets may be banks' new worst case scenario.
Newmont Mining Corp, the world's No. 2 gold producer, on Friday said it agreed to sell its royalty assets and other non-core investments to Franco-Nevada Corp in a deal worth about $1.3 billion.