BARCLAYS

Facebook Vice President of Product Cox delivers a keynote address at Facebook's "fMC" global event for marketers in New York City

Facebook Seeking Bigger Credit Line

Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with the company's plans.
More news
IBTimes Logo

CVC to Buy Nordic Group Ahlsell for $2.4 Billion

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.
IBTimes Logo

Dwight Howard Trade Rumors: Nets Remain the Favorite, Lakers Drop Off?

The Nets reportedly remain Orlando Magic center Dwight Howard's favored destination to play elsewhere, especially after what Los Angeles Lakers guard Kobe Bryant recently said about him, on top of the Magic's rejection of a trade for Howard involving Lakers center Andrew Bynum.

Katrina Darling: Kate Middleton's Cousin Is Sexy Burlesque Dancer and Lingerie Model [PHOTOS]

While Kate Middleton has skyrocketed to fame with her royal wedding to Prince William, another member of her family, Katrina Darling, has recently gained publicity as well. Darling, a distant cousin of British royal Kate Middleton, is bringing her racy burlesque dancing act to New York this March. Take a look at pictures of Kate Middleton's sexy second cousin who models lingerie and racy burlesque outfits.
IBTimes Logo

Asian Shares Edge up, Tempered by Oil Price Concerns

Asian shares crept higher Friday as solid U.S. data improved sentiment, but gains may be limited by concerns that rising oil prices could deal a further blow to the fragile euro zone economy and moves to take profits after recent rallies.
CEO of Goldman Sachs Blankfein talks at the U.S. Chamber of Commerce in Washington

Analysis: Goldman's Top Brass Gun for Cash Bonuses

While Wall Street slashes pay and freezes cash awards, Goldman Sachs Group's top five executives may reap special bonuses of $10.5 million apiece if the firm hits historically easy profit targets over the next two years.
Sam Zell speaks at the 2009 Milken Institute Global Conference in Beverly Hills

Equity Residential Hikes Potential Bid for Archstone Stake to $1.48B

Real estate mogul Sam Zell's Equity Residential (NYSE:EQR) has raised its minimum bid for a 26.5 percent stake in the long-running battle for control of Archstone, owner of more than 70,000 U.S. apartment units. Earlier this week, the minimum bid was raised to $1.48 billion from $1.32 billion by Bank of America Corp. and Barclays Plc, which own the minority stake in the company. The banks also extended the deadline for Equity's option to buy the stake to April 19 from Feb. 19.
IBTimes Logo

Asian Markets Buoyed by China Easing, Greece Hopes

Markets jumped Monday as policy easing by China and prospects for Greece to clinch a second bailout fund buoyed investor appetite for riskier assets, sending U.S. crude up nearly $2 a barrel and Asian shares up nearly 1 percent.
Moody's

Moody's: Financial Titans, EU Banks Under Review

Moody's Investors Service placed 114 financial firms , as well as 17 banks and securities firms with global capital markets operations, under ratings review due to the ongoing Eurozone crisis.
Bond Market

Bond Market Update: Rally in Corporates Disguises Churning, Convoluted Dynamic

A current rally in the sprawling $7.74 trillion field for corporate bonds, which are issued as debt by major American corporations, belies a great churning occurring just beneath the market's surface. Recently, Richard Prager, who heads the bond strategy desk at the world's largest asset management firm, put it succinctly: "Houston, we got a problem."
Moodys

Moody's Warns of Downgrading 17 Global Banks

Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the eurozone government debt crisis is spreading throughout the global financial system.
IBTimes Logo

Asian Shares and Euro Drop on Delay on Greek Bailout

Asian shares and the euro fell Thursday as another delay in cementing a crucial bailout for stricken Greece underscored how far Europe is from resolving a debt crisis that threatens the stability of the financial system.
Moody's

Moody's Warns Top U.S., Europe Banks of Review

Moody's Investor Service warned Thursday it could downgrade the credit ratings of 17 global banks and securities firms due to more fragile funding conditions, increased regulatory burdens and a more difficult operating environment.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.