Groupon Inc is poised to price its initial public offering $1 to $2 above its current range, responding to stronger-than-anticipated demand for the biggest U.S. IPO in months, three buyside sources said on Wednesday.
In its final days before descending into bankruptcy, Jon Corzine's MF Global Holdings may have transferred customer funds to avoid detection by authorities, a regulator of the firm said on Wednesday.
RealD Inc's shares fell as much as 14 percent in extended trade after the licensor of 3D technologies said Samsung Electronics pulled out of an agreement to make television panels featuring the company's technology.
When the bailiff knocked on the door of a California Superior Court jury room Tuesday, onlookers reached for their laptops.
Raymond James Financial Inc. has joined a growing number of firms that are allowing financial advisers to communicate with clients through social networking sites.
Video game maker THQ Inc reported better-than-expected quarterly results and forecast a profitable holiday quarter, sending its shares higher in afterhours trading.
Video game maker THQ Inc reported better-than-expected quarterly results and forecast a strong holiday quarter, sending its shares up more than 12 percent in after-hours trading.
Video game maker THQ Inc posted a bigger loss than a year earlier but its quarterly sales beat Wall Street expectations as its Warhammer shooter title performed well in September.
MasterCard Inc reported sharply higher third-quarter profit on Wednesday, easily beating Wall Street estimates on double-digit increases in volumes.
Yamana Gold Inc. said Wednesday its adjusted third-quarter profit jumped 38 percent on higher prices and lower exploration expenses.
Stocks rebounded from two days of sharp losses on Wednesday after the Federal Reserve said it is prepared to do more for the economy if conditions warrant, helping to stanch the panicky reaction to Europe's debt crisis.
Groupon Inc could price shares in its initial public offering $1 or $2 above the current range of $16 to $18 per share, according to two investors who said they spoke with the lead underwriters on Wednesday.
Kinross Gold Corp. said Wednesday its adjusted profit in the third-quarter more than doubled on higher prices and revenue that topped $1 billion for the first time.
Below are highlights from Federal Reserve Chairman Ben Bernanke's news conference following the Fed's policy meeting on Wednesday.
Germany and France pressed Greece on Wednesday to make up its mind fast whether it wants to stay in the euro zone after a shock decision to call a referendum on an EU/IMF bailout caused panic on global markets.
The Federal Reserve on Wednesday slashed its forecast for growth, raised projections for unemployment and said it was mulling the possibility of buying more mortgage debt to spur a struggling recovery.
Endeavour Silver Corp. swung to a profit in the third quarter on production increases and revenue nearly doubling.
Private employers added more jobs than expected last month, though the lack of robust labor market growth reinforced the Federal Reserve's view that economic progress will likely be frustratingly slow.
Stocks rebounded from two days of sharp losses on Wednesday after the Federal Reserve said it is prepared to do more for the economy if conditions warrant, helping to stanch the panicky reaction to Europe's debt crisis.
U.S. regulators started raising concerns about MF Global's European sovereign debt exposure as early as June, according to a source familiar with the matter, four months before the company's collapse into bankruptcy.
The U.S. Federal Reserve left monetary policy on hold on Wednesday and offered a moderately brighter economic outlook, but flagged risks to growth that appeared to leave open the door for further easing.
Even more galling for Papandreou, six other members of his own Pasok party have called for his resignation.
Stocks rebounded after two days of losses on Wednesday, aided by upbeat job market data and a slightly optimistic economic outlook from the Federal Reserve.
Peru's government said on Wednesday it would try to broker a truce with angry protesters who are opposed to Newmont Mining's $4.8 billion Conga project, the biggest mining investment in the country's history.
The largest U.S. industrial labor union is suggesting publicly that Freeport-McMoRan Copper & Gold Inc., a top global gold producer, is violating the law by bribing police in Indonesia.
The Federal Reserve left monetary policy on hold on Wednesday and offered a moderately brighter economic outlook, but it flagged risks to growth that appeared to leave open the door for further easing.
U.S. regulators started raising concerns about now-bankrupt MF Global's European sovereign debt exposure as early as June, according to a source familiar with the matter.
One of the largest U.S. precious metals dealers, which has used advertising by such conservative figures as Glenn Beck and Mike Huckabee, vowed Wednesday to fight bait-and-switch charges brought by Santa Monica, Calif.
Germany urged Greek leader George Papandreou on Wednesday to provide clarity on how his proposed referendum would impact a bailout package from Europe and the IMF, and what question he would put to the Greek people and when.
Growing numbers of investors are turning to the minor metals market as a safe haven for their pension funds as gold and silver prices soar to record highs.
