The U.S. Treasury Department on Friday said it plans to sell $4.5 billion in American International Group Inc. (NYSE: AIG) shares, further cutting its ownership stake in the bailed-out insurer.
Linkedin Corp, Deutsche Bank AG, Facebook Inc, Banco Santander, Rosetta Genomics, Molycorp Inc, Infosys, Knight Capital Group and Silvercorp Metals Inc are among the companies whose shares are moving in pre-market trading Friday.
Nokia Corp, Anheuser-Busch InBev, Coach Inc, Qiagen, Arcelormittal, Deutsche Bank, Idenix Pharmaceuticals and Nice Systems Ltd are among the companies whose shares are moving in pre-market trading Wednesday.
A bank equity analyst famous in financial circles for her prescient analysis on the global banking sector said Tuesday morning she sees the financial industry shedding another 200,000 people off the payrolls in the coming months.
Germany's biggest bank Deutsche Bank AG (NYSE: DB) is laying off 1,900 people, most of them outside Germany, in an effort to save ?3 billion ($3.68 billion) as part of a broader strategic overhaul.
OCZ Technology Group, Green Dot, Exelixis, Mellanox Technologies, Nokia Corp, Synacor, Microsoft Corp, Statoil ASA and JPMorgan Chase & Co are among the companies whose shares are moving in pre-market trading Monday.
The top after-market NYSE gainers Friday were Sprint Nextel Corp, Belo Corp, Natural Grocers by Vitamin Cottage, Green Dot Corp and Sauer-Danfoss Inc. The top after-market NYSE losers were Tata Motors Ltd, Owens & Minor, Infoblox and Graphic Packaging Holding Co.
Gold futures steadied over $1,600 per ounce Thursday, breaking above a level the precious metal had not seen since early July.
The more data market-watchers have seen on the U.S. economy, the less they like what they've seen. Specifically, predictions on what the government might report as the rate of GDP growth in the second-quarter of 2012 have plummeted in the past few weeks, as economists adjust their models to one disappointing data release after another.
Sunshine Heart, Arm Holdings, Seadrill Ltd, Qiagen NV, Johnson & Johnson, Netflix, Apple Inc, LivePerson and Deutsche Bank AG are among the companies whose shares are moving in pre-market trading Wednesday.
Most European markets fell Wednesday as investors continued to have concerns of the worsening economic conditions in the euro zone.
Ford Motor Co. (NYSE: F) profits are expected to fall precipitously for the second quarter of 2012 compared to the same time last year, largely due to continued losses abroad, particularly in Europe.
According to a number of un-named sources that are familiar with a sweeping investigation into the rigging scandal, federal prosecutors in Washington have recently contacted lawyers representing some of the suspects to notify them that criminal charges and arrests could be imminent.
Philips Electronics, PhotoMedex, Deutsche Bank, Banco Santander, Morgan Stanley, United States Steel Corp, Bank of America Corp, Ford Motor and JPMorgan Chase & Co. are among the companies whose shares are moving in pre-market trading Monday.
Most European markets fell Monday amid continuing concerns about the deepening economic conditions in Spain and Greece.
Two months after the trading fiasco in the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, tech IPOs are soaring again. Palo Alto Networks (Nasdaq: PANW) and Kayak Software (Nasdaq: KYAK) shares soared in their IPOs.
The golden age of being a banker is so far in the past. After a brutal year of massive layoffs in the global financial industry last year, the axe is starting to fall again.
Most European markets fell Friday amid the revival of investor concerns about the global economy affected by the debt crisis in the euro zone.
Mellanox Technologies, Asset Acceptance Capital, Bank of America, Infosys, Credit Suisse Group, Pluristem Therapeutics, Yum! Brands, Deutsche Bank and Perrigo Co are among the companies whose shares are moving in pre-market trading Thursday.
Two months after the trading fiasco in the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, tech IPOs are heading to market again.
Bank of America Corp. (NYSE:BAC), the troubled financial behemoth that teetered just above the abyss during the last few weeks of 2011 and has since made somewhat of a recovery, is expected to swing to profit when it reports quarterly financial results Wednesday morning.
Dean Foods, Sprint Nextel, Yahoo, Barclays, France Telecom, Alcatel Lucent, Infosys and Sony Corp. are among the companies whose shares are moving in pre-market trading Tuesday.
