While global leaders obsess over the likelihood of debt-stricken Greece departing the euro zone, an emerald isle 1,800 miles away from Athens may be on the brink of needing another financial bailout.
The world's 29 largest banks will need an extra $566 billion to comply with Basel III capital rules by the end of 2018, which could dampen their ability to increase dividends and buy back shares, according to Fitch Ratings.
One of the biggest and most anticipated IPOs of the year, quite possibly the decade, is ready to hit Wall Street tomorrow, but if you're thinking about buying shares, you're not alone. Not in the least. If you're looking to get a piece of the stock, we're here to help you. But be warned: It will not be easy.
Investors who want Facebook shares when the social network goes public may have lost the opportunity. Some brokers have stopped accepting orders.
J.C. Penney Co Inc shares plunged nearly 20 percent on Wednesday, their worst decline ever, wiping away $1.43 billion in market value a day after the retailer shocked Wall Street with a much worse-than-expected drop in sales and by scrapping its dividend.
Global bank stocks fell Monday as investors panicked that a weekend electoral impasse in Greece might be a prelude to that country to leave the 17-member euro zone.
The almighty dollar was the investment of choice Monday morning, as international investors - in a classic flight to safety after various major news breaks last week - piled into greenback-denominated cash and cash equivalents.
Deutsche Bank is as German as lederhosen, sauerkraut, beer and the Autobahn.
Spain stepped up efforts to save its troubled banks on Thursday with a plan to make them recognize huge losses from a property crash, but uncertainty over the final cost of a rescue hit the euro, Spanish debt and global stock markets.
America Movil the telecom group controlled by Mexican tycoon Carlos Slim, has offered to buy a stake worth up to 3.2 billion euros ($4.2 billion) in Netherlands-based KPN NV, seeing it as a base for potential expansion in Europe.
Gold fell for a second day on Tuesday, under pressure from the slide in the euro on the back of political uncertainty in Greece and a change of president in France, while Chinese import figures did little to offset the impact of the weaker currency.
The companies whose shares are moving in pre-market trade Friday are: DigitalGlobe Inc, Linkedin Corporation, Veolia Environnement, Deutsche Bank, The Dow Chemical Company, Northstar Realty Finance Corp and Seadrill Ltd American International Group Inc.
Shares of chip designer Integrated Device Technologies Inc. (Nasdaq: IDTI) plunged as much as 15 percent after it announced it would acquire PLX Technology Inc. (Nasdaq: PLXT) for $330 million.
Asian shares rose on Friday, tracking U.S. stocks which jumped overnight on strong U.S. housing data and earnings, but concerns over the health of European banks weighed on investor risk appetite after Standard & Poor's downgraded Spain's rating.
Asian shares inched up Friday, tracking U.S. stocks which jumped overnight on strong U.S. housing data and earnings, but concerns over the health of European banks weighed on investor risk appetite after Standard & Poor's downgraded Spain's rating.
Watson Pharmaceuticals Inc. (NYSE: WPI) will announce on Wednesday the purchase of major Swiss competitor Actavis Group, according to media reports citing persons familiar with the negotiations.
Shares of security software specialist Proofpoint (Nasdaq: PFPT) jumped as much as 31 percent in the first few minutes of trading after their initial public offering.
Haitong Securities Co. (SHA: 600837), China's second-largest brokerage by assets, raised HK$13 billion ($1.7 billion) in the largest public offering in the world so far this year, media reports said Friday, citing people familiar with the matter.
The companies whose shares are moving in pre-market trade Friday are: Deutsche Bank, Microsoft Corp, EDAC Technologies, Goodyear Tire & Rubber, First Solar, General Electric, Advanced Micro Devices, Riverbed Technology, Sandisk Corp and Nokia Corp.
Human Genome Sciences Inc has rejected an unsolicited bid worth around $2.6 billion from long-time partner GlaxoSmithKline Plc, marking a new takeover battle in a drugs sector that has been swept by M&A recently.
European banks could be forced to shrink their balance sheets by as much as $3.8 trillion through 2013, or almost 7 percent of total assets, with a quarter of the deleveraging likely to come from cuts in lending and the remainder from sales of securities and noncore assets, the International Monetary Fund said Wednesday.
Economic experts watching Spain don't know how much money will be needed or precisely when, but some are near certain that Madrid will eventually seek a multi-billion euro bailout for its banks, and perhaps even for the state itself.