Asian stocks rose to a 14-month high and the U.S. dollar steadied on Tuesday, with some investors taking bets that third-quarter U.S. corporate earnings, expected to shrink for the ninth quarter, will be good enough to keep a rally going.
JPMorgan Chase & Co is promoting Kurt Simon to co-lead its technology, media and telecommunications team, the Wall Street Journal reported on its website on Tuesday.
Asian stocks edged up to a 14-month high, while the U.S. dollar steadied on Tuesday, with some investors taking bets that third-quarter U.S. corporate earnings, expected to shrink for the ninth quarter, will be good enough to keep a rally going.
Bank of America Corp has agreed to hand over to investigators documents describing the legal advice it received related to its purchase of Merrill Lynch, the Wall Street Journal reported on Monday, citing people familiar with the situation.
U.S. stocks trimmed gains to trade flat on Monday as investors locked in some profits in cautious trading before earnings season picks up steam.
Private equity firm Blackstone Group plans to take advantage of improved equity markets to list up to eight of its portfolio companies, according to a source who received a letter the firm sent to investors.
Stocks rose on Monday on expectations of positive earnings and help from a weaker dollar, putting the benchmark S&P 500 on track for its sixth straight higher finish.
Stocks rose on Monday as continued optimism over the economy lifted energy and other commodity prices, which were also helped by a weaker U.S. dollar.
London's junior market for smallcaps, the Alternative Investment Market (AIM), has regained much of the ground it lost since the end of last year, and looks set to continue outperforming in the final quarter, with delistings slowing.
With the blessings of the prime minister himself, the relisting of Malaysia's top telecom firm Maxis Bhd next month was destined to be a blockbuster, but tepid response from domestic funds so far suggests otherwise.
Stock futures pointed to a higher open on Wall Street on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
U.S. stock index futures pointed to a higher open on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
Funds advised by U.S. private equity group J.C. Flowers & Co LLC have taken legal action seeking to prevent the full nationalisation of German bank Hypo Real Estate (HRXG.DE), the investment group said.
Stock futures pointed to a higher open on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
China has banned foreign investment into its lucrative online games industry in an effort to tighten control over its virtual worlds.
British bank Lloyds (LLOY.L) has lined up six investment banks to run a rights issue expected to be worth over 10 billion pounds ($15.9 billion) as the lender seeks to cut its reliance on the government, people familiar with the matter said on Monday.
Demand for public stock offerings in Hong Kong and throughout the region remains strong, despite a few recent deals that struggled, according to a panel of three investment bankers and one hedge fund investor.
Stock futures climbed on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
U.S. stock index futures climbed on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
Large Caps Set for Big Season; Blackstone's IPOs; Hummer Pursuit
A rally by miners and energy stocks, spurred by firmer commodity prices, helped Britain's top share index extend gains by midday on Monday as it rose above 5,200 points for the first time since September 2008.
As third quarter earnings season takes off, bigger is better. With the U.S. economy emerging from recession, large cap stocks are set to have a stronger third-quarter earnings season than their mid and small cap counterparts, which are expected to rebound at a slower pace