CVC Capital Partners is to buy Nordic construction products and machinery distributor Ahlsell from Cinven and Goldman Sachs Capital Partners for 1.8 billion euros ($2.4 billion), in Europe's biggest private equity deal since last summer.
U.S. stock index futures pointed to a firmer open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures rising 0.1-0.2 percent at 4:58 a.m. ET.
Goldman Sachs Group Inc plans to add 300 workers to its fast-growing office in Salt Lake City, Utah, by the end of the year, Chief Executive Lloyd Blankfein told employees at a town hall meeting there on Tuesday, according to a Goldman staffer who was present.
Market participants are seemingly expecting European banks to take up a massive amount of euro over the next 24 hours, as the European Central Bank offers them a second helping of ultra-low cost loans. The banks themselves, not so much.
CME Group Inc. has received two subpoenas from authorities investigating the collapse of futures broker MF Global, Holdings Ltd, the futures exchange operator said in a regulatory filing on Tuesday.
Internet giant Yahoo could throw a wrench into Facebook’s planned $5 billion IPO by demanding that the social-networking company enter into patent licensing agreements.
WikiLeaks released over 5 million emails hacked from U.S.-based global intelligence firm Strategy Forecasting, Inc. (Stratfor), revealing an alleged plan between the firm's CEO and a Goldman Sachs executive to set up an investment fund that would rely on inside information gathered by the company.
Bank of America had attempted to get an $8.5 billion settlement over bad Countrywide mortgage-backed securities approved in New York state court over the objection of some angry investors.
Hedge funds' love affair with technology industry darling Apple Inc has rewarded some managers so far this year but half the industry, having been less savvy with its bets, is limping behind with subpar returns, new research from Goldman Sachs shows.
Global anti-privacy organization Wikileaks announced Sunday night it would be releasing over five million emails hacked from the servers of a private intelligence newsletter publisher that's been called a shadow CIA by others.
In his most recent Viewpoint, Goldman Sachs Asset Management Chairman Jim O'Neill gave somewhat of an oil price forecast for 2012 and beyond.
Goldman Sachs Group has suspended coverage of 18 discount brokers, exchanges and small investment banks because the analyst who follows them has left the firm.
Goldman Sachs Group has suspended coverage of 18 discount brokers, exchanges and small investment banks because the analyst who follows them has left the firm.
Hedge funds' love affair with technology industry darling Apple Inc has rewarded some managers so far this year but half the industry, having been less savvy with its bets, is limping behind with subpar returns, new research from Goldman Sachs shows.
Citigroup Inc. (NYSE: C) raised $1.9 billion, a much-needed piece of capital, from the sale of its entire stake in Indian's giant mortgage lender Housing Development Finance Corp.
Housing, the weakest of the three legs of the stool supporting the U.S. economy, is finally firming up, or so it seems to investors, economists, real estate agents and buildings after a string of heartening reports so far this year.
Everyone agrees the days of cheap gasoline are over. The pain at the pump is forcing people to cut down gasoline usage, and there has been a big drop in gasoline demand in the country. At the same time, domestic production is booming, with the number of rigs just in U.S. oil fields more than quadrupling in the past three years.
Some people think the value of Bank of America (NYSE:BAC) stocks is zero. Others think it is as high as $30.
Q&A with Cristina Alger, author of “The Darlings.”
At least one large financial institution has approached the Federal Reserve Bank of New York with an offer to buy out the remaining mortgage-backed toxic waste bonds it received from AIG as collateral for a $19.5 billion bailout in 2008, according to Bloomberg News, as banks are looking to profit from what many see as an incipient turnaround in the U.S. housing market.
Indian gold imports in 2012 could fall by a fifth for the first time in three years to 770 tonnes as investors chase better accruals from equity markets and other financial instruments, possibly ceding the position of top consumer to China.
Warren Buffett's Berkshire Hathaway is pushing into the Thai reinsurance market and selling cover for higher rates, taking advantage of the retreat of competitors such as France's CCR after they suffered losses from last year's floods.