Takeda Pharmaceutical Co <4502.T>, Japan's largest drugmaker, will announce the 1 trillion yen ($12 billion) purchase of closely held Swiss rival Nycomed on Wednesday as it seeks to expand in Europe and emerging markets, Japanese business daily Nikkei reported.
Alarmingly frequent bubbles and busts in copper, wheat, crude oil, silver and pretty much all other natural resources might now be the collateral damage of QE
Insurance conglomerate AIG had been named the least reputable company in the United States by the annual Reputation Report from market researcher Harris Interactive.
U.S. Dollar Gold Prices continued on Monday morning where they'd left off on Friday, zigzagging around $1495 while global stock markets fell along with major industrial commodities oil and copper.
The companies whose shares are moving in pre-market trade on Friday are: Eastman Kodak, Tyco International, Dean Foods, Agilent Technologies, Dillard's, Aetna, General Mills, Valero Energy, El Paso Pipeline, Lexington Realty and Robert Half International.
Settlement agreements being hammered out by securities regulators and securities firms accused of fraud in mortgage bond deals are likely to include civil charges against at least one person connected to each deal, the Wall Street Journal said, citing people familiar with the matter.
Goldman Sachs Group Inc shares were down 3.2 percent on Thursday afternoon after two analysts downgraded the stock and press reports questioned whether a Senate investigation will threaten the bank's reputation.
Stocks advanced on Thursday in a volatile session, erasing early losses as a rebound in commodity prices kept the market churning higher.
U.S. stocks recovered from initial declines on Thursday in a choppy session as commodity prices kept the market in flux while a downgrade of Goldman Sachs dragged down financial shares.
Thursday's London Silver Fix set the white metal's price at $32.50 per ounce, nearly $7 lower than a day earlier and 33% below the 31-year high of $48.70 set on April 28. [Silver] is still in an uptrend, despite the sharp sell-off reckons Mary Ann Bartels, head of US technical and market analysis at Bank of America Merrill Lynch, who said yesterday silver could hit $50 per ounce by the end of the year.
Goldman Sachs plans to raise up to 5 billion yuan ($770 million) for a private equity fund in China, a source familiar with the matter said on Thursday.
Goldman Sachs plans to raise up to 5 billion yuan ($770 million) for a private equity fund in China, a source familiar with the matter said on Thursday.
The Sri Lankan born Hedge fund founder Raj Rajaratnam, the billionaire manager of the Galleon hedge fund, was found guilty on Wednesday on all counts in the largest hedge fund insider trading case in the United States history.
Top hedge fund founder and stock trader Raj Rajaratnam was 'expressionless' in a New York federal court on Wednesday as a jury verdict was read finding him guilty of 14 charges, including insider trading.
The CEO of Japan's Softbank, Inc. invests over $60 million into Gilt Groupe, Inc.
The Silver Price rallied to $38.00 at Monday's London Fix – rising over 11% from Friday lunchtime's Fix – before also slipping back to trade 26% below late April's 3-decade record.
Goldman Sachs Group Inc Chief Executive Lloyd Blankfein was in good spirits on Friday at his firm's annual meeting, despite battling some testy shareholders and what seemed to be a cold.
JPMorgan Chase & Co is in advanced talks with U.S. regulators to resolve a probe into its role in selling subprime mortgage-backed bonds in 2007, a case that highlights a rare misstep by Chief Executive Jamie Dimon.
Goldman Sachs Group Inc Chairman and Chief Executive Lloyd Blankfein said he is not stepping down, despite media reports that he has plans to resign.
An appeals court on Tuesday denied a bid for bail by a former Goldman Sachs Group Inc programer sentenced to eight years in prison for stealing part of the bank's high-frequency trading code.
A former Goldman Sachs Group Inc programer, sentenced to eight years in prison for stealing part of the bank's high-frequency trading code, should never have been charged, his lawyer argued on Tuesday in a bid to have him released while he appeals.
The trustee for bankrupt Thornburg Mortgage Inc has sued Goldman Sachs, Barclays and other big banks for a combined $2.2 billion, blaming them for the former home loan company's bankruptcy.
