INVESTMENT

Merger activity to show tepid recovery in 2010

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The energy, finance, technology and healthcare industries are expected to be the hottest areas in a dealmaking market that in 2010 is likely to expand gradually from this year's depressed levels.
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Citi could face heavy U.S. influence for some time

Citigroup Inc's Vikram Pandit endured a brutal capital raising episode this week in an effort to win the bank's freedom from close government oversight, but the bank's CEO may have won less than he hoped.
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JPMorgan tops ECM rankings, with $2.2 bln in fees

In the lucrative business of underwriting and selling company stock, J.P. Morgan led the world's banks this year, earning an estimated $2.2 billion in fees, or nearly double what it hauled from the deals last year.
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Wall St sinks as dollar soars, FedEx loses altitude

U.S. stocks fell on Thursday as the dollar's rebound spurred a safe-haven trade, cutting demand for riskier assets, while a soft profit outlook from economic bellwether FedEx sank transportation shares.
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Citi shares fall after U.S. delays stock sale

Citigroup Inc shares fell to their lowest level in four months on Thursday, a day after the bank's $20 billion stock and bond offering drew a cool reception on Wall Street and prompted the U.S. Treasury to delay plans to start selling off its Citi holdings.
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Stocks drop as dollar jumps, FedEx and banks slip

U.S. stocks fell on Thursday as the dollar's rebound quelled demand for risky assets, while a soft FedEx forecast hit transportation shares and a prominent analyst cut estimates for two major banks.
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Kraft lender Barclays wins bigger role on Cadbury

Barclays Capital, one of the banks providing $9.2 billion of loans to help fund Kraft Foods Inc's hostile bid for Britain's Cadbury Plc , has won a bigger role as one of Kraft's financial advisers.
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Stocks drop as dollar climbs, financials weigh

U.S. stocks fell on Thursday as a rebound in the dollar dampened appetite for risk, while a FedEx forecast weighed on transportation shares and a prominent analyst cut estimates for two major banks, compounding losses for financials shares.
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Deutsche Bank eyes bid for RBS Sempra: sources

Deutsche Bank (DBKGn.DE) is interested in bidding for commodity trading joint venture RBS Sempra as part of plans to strengthen its commodities business and is one of several suitors remaining, people familiar with the matter said on Thursday.
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Strong dollar weighs on futures ahead of data

U.S. stock index futures fell on Thursday, a day after the Federal Reserve voiced growing optimism about the economy, boosting the U.S. dollar even as interest rates stayed at historic lows.
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Bank of America names Moynihan next CEO

Bank of America Corp on Wednesday tapped insider Brian Moynihan as its next chief executive, ending months of speculation about who would succeed Kenneth Lewis to lead the largest U.S. bank.
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Stock futures point to weaker start for Wall Street

Stock index futures fell on Thursday, indicating a weaker start for Wall Street. Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq Composite were down 0.3 to 0.4 percent by 0944 GMT (4:55 a.m. EST).
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AIG to file prospectus for AIA IPO: report

Bailed-out U.S. insurer American International Group plans to file a prospectus for a multibillion-dollar IPO of its Asian life insurance unit before Christmas, the Financial Times reported on Thursday.
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SEC cracks down on how companies are governed

Rachelle YounglaiU.S. companies will have to disclose their compensation practices for all employees and their board members' qualifications under rules adopted by the Securities and Exchange Commission on Wednesday.
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Gas Natural extends debt issue to 10 bln euros

Spain's Gas Natural said on Wednesday it had renewed a euro medium term note issue and extended it to up to 10 billion euros ($14.57 billion) from 4.7 billion issued earlier this year.
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Wall St fades after Fed decision

U.S. stocks trimmed gains on Wednesday, with the Dow turning negative after the Federal Reserve reiterated its intention to keep interest rates low for the foreseeable future to ensure a sustainable economic recovery.

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