(NEW YORK)Though economic uncertainty has stymied activity in the initial public offering market, Credit Suisse Securities, Merrill Lynch & Co. and Wachovia Securities each managed to comple...READ MORE
(NEW YORK)U.S. shares of European banks moved higher Wednesday after Barclays Group PLC said it plans to raise $8.85 billion by selling new stock. The London-based company said the move will...READ MORE
(NEW YORK)Two former Bear Stearns hedge fund managers were hauled into jail Thursday and charged with lying to investors about the collapse of the subprime mortgage market, perhaps signaling...READ MORE
(NEW YORK)Two former Bear Stearns hedge fund managers were hauled into jail Thursday and charged with lying to investors about the collapse of the subprime mortgage market, perhaps signaling...READ MORE
(SALT LAKE CITY)Jon Huntsman Sr. on Thursday blasted a private-equity group for backing out of a deal to buy his chemicals company. Huntsman called partners of New York-based Apollo Management LP ...READ MORE
(SALT LAKE CITY)Hexion Specialty Chemicals Inc. said Wednesday it no longer thinks that will be able to acquire fellow chemicals maker Huntsman Corp. because of the deterioration of Huntsman's...READ MORE
(NEW YORK)U.S. shares of European banks fell Wednesday as a raft of news pressured the financial sector. On Wednesday, Morgan Stanley reported a 61-percent decrease in its fiscal second-quar...READ MORE