Because of the U.S. Treasury Department's announcement Sunday that it has launched an offering of $18 billion worth of its American International Group Inc. (NYSE: AIG) common stock, the government will soon go from being the company's majority shareholder to being one of its minority shareholders.
Deutsche Bank AG, ING Groep, Rio Tinto, Cliffs Natural Resources, Tata Motors, Bank of America Corp, Audience and Pandora Media are among the companies whose shares are moving in pre-market trading Friday.
While pundits and analysts dissected a myriad angles regarding the ECB's proposal, one lesser-considered issue has been how, following the announcement of the plan Thursday, it increasingly seemed Spain was being given the short end of the stick, while Italy was being favored, by the announcement.
The European markets continued the upward rally Friday, a day after the European Central Bank (ECB) announced the widely anticipated bond-buying program aimed at lowering the struggling euro zone countries' borrowing costs.
In the wake of a strike that left 34 platinum miners dead after clashes with police, South African unions continued to refuse to work, disrupting production of the metal in the country that accounts for 75 percent of global exports and spilling over to impact gold miners.
An ADP report that private sector job creation topped analyst expectations by nearly a third has economists taking a second look at their, perhaps too negative, predictions, about what Friday's U.S. jobs report from the Labor Department will show.
Surprisingly strong U.S. job creation last month is forcing some, though not all, analysts to adopt a more upbeat outlook for growth prospects in the world's largest economy.
European markets rose Thursday on hopes ahead of the European Central Bank meeting where the bank is expected to announce policy measures to boost the euro zone economy and revive growth momentum.
Pluristem Therapeutics, Facebook Inc, ARM Holdings Plc, Francesca's Holdings Corp, BP Plc, Nokia Corp, Alcatel Lucent SA, Capital One Financial Corp, Netflix and Lennar Corp. are among the companies whose shares are moving in pre-market trading Wednesday.
European markets were mixed Monday as investors continued to remain watchful waiting for policymakers to announce the stimulus measures to boost the euro zone and revive the growth momentum.
SAIC, Nokia Corp, UBS AG, SAP AG, First Solar, Deutsche Bank, Carnival Plc and Zynga Inc are among the companies whose shares are moving in pre-market trading Friday.
Patent expiries mean annual sales of 15 different categories of heart drugs are set to fall by more than a quarter by 2017, from $83 billion in 2011 to $60 billion, according to consensus analyst forecasts compiled by Thomson Reuters Pharma.
Most of the European markets fell Tuesday as investors remained cautious waiting for the euro zone policymakers to come up with stimulus measures to rejuvenate the faltering economy.
Banks involved in London interbank offered rate benchmark, or Libor, manipulations could be liable for billions of dollars in lawsuits from a slew of financial firms and investors who were affected by the distortions, according to reports.
Here’s how to watch a free live stream online of the 2012 Barclays at Bethpage for Friday. You can also see live scores and the leaderboard of the Fed Ex Cups here.
In spite of a cheery assessment recently from the country's central bankers that led projections of 2012 GDP to be raised -- to 3.5 percent -- while views on inflation were lowered, recent days have seen growing signs of economic distress emanating from Australia.
Urban Outfitters, China Unicom, Nokia Corp, Deutsche Bank, Unilever, Frontline, Groupon and Cummins Inc. are among the companies whose shares are moving in the pre-market trading Tuesday.
Coventry Health Care, Barclays Plc, Facebook, Apple Inc, Infosys, Waste Management and Deutsche Bank AG are among the companies whose shares are moving in the pre-market trading Monday.
Deutsche Bank AG (NYSE: DB), Germany's largest bank, is being investigated by U.S. officials over ties to Iran and Sudan.
Meat-protein producers are already feeling the bite from the estimated complete loss of at least 15 percent of the national corn crop and poor yields for most of the surviving plants.
European investors looking to bet on risky derivatives will be able to use gold to back their trades, one of the Continent's major exchanges said Friday, a development that could both make the yellow precious metal a more valuable asset and foster the growth of derivative trading volume.
European markets rose Friday as investor sentiment turned positive amid hopes that German Chancellor Angela Merkel would step up measures to alleviate the debt burden faced by the euro zone and revive the economic growth momentum.